Tag: Namibia

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Namibia Believes Recent Major Oil Discoveries Will Boost its Economy

Recent large oil discoveries in Namibia might help it treble its economy in the next two decades, according to the chairperson at the National Petroleum Corporation of Namibia (NAMCOR), who...
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Shell Makes Significant Oil Discovery Offshore Namibia

Shell has discovered a significant oil and gas deposit offshore Namibia in the Graff-1 well. The Namibian government has verified the discovery, which is estimated to hold between 250 and...
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TotalEnergies Spuds Deepwater Venus-1X Prospect Offshore Namibia

TotalEnergies, a French oil supermajor, has spudded the ultra-deepwater Venus-1X exploration well in Block 2913B, offshore southern Namibia, utilising Maersk Drilling's Maersk Voyager drillship in water depths of 3,000 metres,...
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Eco Atlantic Provides Updates on its Operations in Namibia

Eco (Atlantic) Oil & Gas Ltd. offered an update on its operations in Namibia's Walvis Basin in its results for the year ending March 31, 2021. The company increased its...
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Fuel Prices to Increase by 40 Cents Per Litre in Namibia in July

The Namibian Ministry of Mines and Energy has declared that from July 7th, 2021, petrol and diesel prices would rise by 40 cents per litre. The Ministry urges fuel consumers...
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ReconAfrica Discovers Petroleum System at Kavango Sedimentary Basin in Namibia

In Namibia's Kavango Sedimentary Basin, ReconAfrica has announced the discovery of a functional petroleum system in the first part of its second well (6-1). The 6-1 and 6-2 wells, which...
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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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