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Country summary: Namibia

energy-pedia opportunities - Namibia:
Current deals: 11
Licensing articles: 32
Completed deals: 61

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Namibia - recent news

14 Jun 24
Namibia: ReconAfrica announces an operations and joint venture update
Reconnaissance Energy Africa has announced an operations update with respect to activity relating to Petroleum Exploration Licence 73 ('PEL 73'), onshore northeast Namibia, and an update on the joint venture process. The Company is finalising the preparations to spud the upcoming Naingopo exploration well. ReconAfrica continues to progress its farm out joint venture process which it expects to conclude in the next few weeks.
10 Jun 24
Namibia: Sintana Energy completes acquisition of interest in Giraffe Energy
Sintana Energy has closed its previously announced acquisition of an initial 49% interest in Giraffe Energy Investments, pursuant to a definitive agreement dated effective April 24, 2024 with Crown Energy and Giraffe. Giraffe is the owner of a 33% interest in Petroleum Exploration License 79 ('PEL 79') which governs blocks 2815 and 2915 located inboard of blocks operated by BW Energy, Rhino Resources and Shell.
23 May 24
Namibia: ReconAfrica announces an operations update, JV update and termination of FTB Capital contract
Reconnaissance Energy Africa has announced an operations update with respect to activity relating to Petroleum Exploration Licence 73 ('PEL 73'), onshore northeast Namibia, an update on the joint venture process and the termination of the marketing agreement with FTB Capital Inc.
10 May 24
Namibia: 2D seismic acquisition program awarded for Namibian PEL 93 acreage
88 Energy has announced the awarding of the 2D seismic data acquisition program for PEL 93 to Polaris. This program is set to acquire a minimum of ~200-line km of low-impact 2D seismic.
06 May 24
Namibia: Azule Energy and Rhino Resources announce strategic farm-in agreement for Block 2914A (PEL 85), offshore Namibia
Azule Energy, an independent joint venture created in 2022 by combining bp and Eni assets in Angola, and Rhino Resources Namibia have announced the execution of a farm-in agreement which, on completion, will grant Azule a 42.5% interest in Block 2914A located in the offshore Namibian Orange basin, the location of several major oil discoveries since 2022.

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