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Country summary: Namibia

energy-pedia opportunities - Namibia:
Current deals: 8
Licensing articles: 32
Completed deals: 63

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Namibia - recent news

09 Jul 25
Namibia: Northern Ocean signs a contract with a subsidiary of Rhino Resources for the Deepsea Mira for operations in Namibia
Northern Ocean has announced the signing of a contract with a subsidiary of Rhino Resources for the Deepsea Mira for operations in Namibia commencing mid-July 2025. The contract includes one firm well for Rhino, one firm well for another operator and three optional wells, with an estimated firm duration of 112 days and a projected value of approx. USD 40 million.
06 Jul 25
Namibia: Pancontinental Energy provides technical update in relation to its PEL 87 project, Orange Basin, offshore Namibia
Pancontinental Energy has provided a technical update in relation to its PEL 87 project, Orange Basin, offshore Namibia. Pancontinental's Quantitative Interpretation (QI) specialist has analysed PEL 87 3D seismic data, incorporating rock physics trends from regional well data
02 Jul 25
Namibia: Licence period extension secured and new exploration program launched at PEL 93
88 Energy has provided an update on its partnered activities at Petroleum Exploration License 93 ('PEL 93') in the Owambo Basin, onshore Namibia. The Company holds a 20% working interest in PEL 93 in a Joint Venture with Monitor Exploration.
06 Jun 25
Namibia: ReconAfrica announces C$10 million overnight marketed offering to drill Prospect I in Namibia
ReconAfrica has entered into an agreement with Research Capital Corp for an overnight marketed public offering of units of the Company to raise gross proceeds to the Company of C$10,000,000 (which has subsequently been increased to C$16.5 million). Proceeds will be used to fund the drilling of Prospect I in PEL 73 in Namibia, which has been named the Kavango West 1X well.
20 May 25
Namibia: GEO Exploration reports significant resource upgrade to 4.31 billion barrels (Mean) in PEL 94 Licence, offshore Namibia
AIM-listed GEO Exploration has announced the results of an independent geoscience evaluation of Licence PEL 94 (Block 2011A), offshore Namibia. The Company reports a 23 % uplift in unrisked licence-wide prospective resources to c. 4.31 billion barrels (mean).

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