Middle East / Africa
Country summary: Namibia
Current deals: | 8 |
Licensing articles: | 32 |
Completed deals: | 63 |
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Namibia - recent news
16 Apr 25 |
Namibia: Grand Gulf Energy announces application for strategic oil and gas block offshore Namibia Grand Gulf Energy has entered into a binding Option Agreement, providing Grand Gulf with an exclusive option to acquire 100% of Wrangel Pty Ltd. Wrangel is an applicant for a 70% working interest (WI) in a Petroleum Exploration Licence (PEL) over Block 2312 in the Walvis Basin, offshore Namibia. |
10 Apr 25 |
Namibia: ReconAfrica provides drilling update on Prospect I Reconnaissance Energy Africa has announced a drilling update on Prospect I. Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 ('PEL73') and is the Company's largest prospect to be drilled so far. It is targeting 365 million barrels of unrisked and 32 million barrels of risked prospective light/medium oil resources, or 1.9 trillion cubic feet of unrisked and 140 billion cubic feet of risked prospective natural gas resources. |
24 Mar 25 |
Namibia unveils offshore drilling plans, new licensing opportunities Namibia’s offshore oil and gas industry is set for significant growth in 2025, driven by new licensing opportunities and an uptick in drilling activities, Petroleum Commissioner Maggy Shino announced during a webinar hosted by the African Energy Chamber, Wood Mackenzie and Namibia’s Ministry of Mines and Energy. |
20 Mar 25 |
Namibia: ReconAfrica announces the acceleration of drilling into Q2 2025 and a corporate update ReconAfrica has made great progress in getting Prospect I ready to drill and, as a result, is accelerating the spud date into Q2 2025. Prospect I is one of the largest mapped structures in the Damara Fold Belt in Petroleum Exploration Licence 073 ('PEL 73'), onshore Namibia. |
17 Mar 25 |
Namibia: Sintana Energy provides PEL 87 update Sintana Energy has provided an update regarding developments associated with Blocks 2713A and 2713B, (PEL 87), located in Namibia’s Orange Basin. PEL 87 is operated by a subsidiary of Pancontinental Energy. Pancontinental has received notification from Woodside that it has elected not to exercise its option to farm-in to the PEL 87 project. A process is underway to secure an alternate farm-in partner to fund exploration drilling within PEL 87 at the earliest opportunity. |
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