Namibia Archives | Page 2 of 3

7th March 2021

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...

22nd January 2021

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...

18th January 2021

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...

16th January 2021

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...

5th January 2021

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...

5th December 2020

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...

1st December 2020

Eco Atlantic Oil & Gas Renegotiates Four Namibian Petroleum Exploration Licenses

Eco Atlantic Oil & Gas has negotiated the re-issuance of a new 10-year life cycle for its four licenses in the Walvis Basin, Offshore Namibia, subject to the final government...

1st November 2020

Retail Prices of Fuel Remains Unchanged in Namibia for November 2020

The Ministry of Mines and Energy, Namibia has announced that fuel pump prices for November 2020 will remain unchanged nationwide. A statement from the Ministry said that upon minimal under...

29th October 2020

LEKOIL Enters into Strategic Alliance Agreement with NAMCOR E&P

Oil and gas exploration company, LEKOIL, has announced it has entered into a Strategic Alliance Agreement (SAA) with NAMCOR Exploration and Production (PTY) through its subsidiary, LEKOIL Exploration & Production...

29th October 2020

Global Petroleum Provides Namibian License Update in H1 2020 Results

Global Petroleum has provided an update on its Namibian and Italian activities in H1 2020. OPERATIONS IN NAMIBIA - The report focuses on the interpretation of the existing seismic data...