Tag: Namibia

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ReconAfrica Provides Update on ‘a working petroleum system’ in the Kavango Basin, Namibia

Namibia’s Ministry of Mines and Energy (‘MME’) and Reconnaissance Energy Africa (‘ReconAfrica’) have announced a preliminary analysis of the data from the 6-2 well, the first of a three well...
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Qatar Petroleum Partners with Shell in Deepwater Offshore Blocks in Namibia

Qatar's state-owned petroleum company, Qatar Petroleum, has agreed with Shell to become a partner in two (2) exploration blocks offshore the Republic of Namibia, subject to customary approvals. Per the...
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Fuel Prices Set to Increase in Namibia for the Third Time in 2021

Fuel prices in Namibia will increase for the third time this year from Wednesday, 7th April 2021, as petrol and diesel will increase by 50 cents per litre, which means...
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Namibia’s NAMCOR Takes Charge of the National Oil Storage Facility

The National Petroleum Corporation of Namibia (NAMCOR) has taken charge of the operation and maintenance of the country's multi-million-dollar National Oil Storage Facility. The facility consists of a tanker jetty,...
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Namibia Re-issues Eco Atlantic its Four Licenses in the Walvis Basin

Eco (Atlantic) Oil & Gas has successfully negotiated the re-issuance of its four licenses in the Walvis Basin in Namibia for ten (10) years. The final confirmation from the government...
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ReconAfrica Contracts Polaris for 2D Seismic Survey in the Kavango Basin, Namibia

Reconnaissance Energy Africa (ReconAfrica) has started the permitting process for the acquisition of 450 kilometres of 2D seismic data in the deep Kavango Basin in the Kalahari Desert of North...
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WGEG Names 2 African Wells Among List of Oil Wells in the World to Watch in 2020

In its latest list of twenty (20) key oil wells to watch in 2021, oil data analysis firm, Westwood Global Energy Group (WGEG), mentioned two (2) African wells among the...
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Namibian Petroleum Corporation and BW Kudu Sign Farm-In Agreement for Kudu Gas Field

A wholly-owned subsidiary of BW Energy, BW Kudu, and the National Petroleum Corporation of Namibia (NAMCOR) have signed a Farm-In and Carry Agreement. The agreement increases BW Kudu's working interest...
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Namibia won’t Increase Fuel Price for January; Algeria to Invest $40B over Five Years

NAMIBIA The Ministry of Mines and Energy, Namibia has announced that there will be no change in fuel prices in the country. The prices for petrol remain N$11.35 per litre...
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Global Petroleum Provides Update on its Namibian Licenses

Global Petroleum has published an update on the Company's license PEL0094 (Block 2011A) and PEL0029 (Blocks 1910B and 2010A) in Namibia. On the PEL0094 license, Global Petroleum recently purchased 2D...
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