Middle East / Africa
Country summary: Namibia
Current deals: | 8 |
Licensing articles: | 32 |
Completed deals: | 63 |
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Namibia - recent news
30 Apr 25 |
Namibia: Pancontinental initiates farmout process to secure a JV partner to fund exploration drilling within PEL 87, offshore Namibia Pancontinental has initiated a farmout process to secure a joint venture partner to fund exploration drilling within PEL 87, offshore Namibia, at the earliest opportunity. The licence contains The Saturn Complex, comprising two main prospects and six additional leads. |
28 Apr 25 |
Namibia: Africa Oil announces Namibia operational update Africa Oil representatives on the Impact Oil & Gas Board have received an update on the Marula-1X drilling operation on Block 2913B (PEL 56), offshore Namibia. |
24 Apr 25 |
Namibia: Azule Energy announces successful light-oil discovery at Capricornus 1-X, offshore Namibia Azule Energy, a partner in the PEL85 Joint Venture, has announced the successful testing of the Capricornus 1-X exploration well, in Block 2914A, located in the Orange Basin, offshore Namibia. The well achieved a surface-constrained flow rate in excess of 11,000 stb/d on a 40/64” choke. |
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. |
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