Middle East / Africa

Namibia flag
Summary | Profile

Country profile: Namibia

Location: Southern Africa, bordering the South Atlantic Ocean, between Angola and South Africa
Climate: desert; hot, dry; rainfall sparse and erratic
Terrain: mostly high plateau; Namib Desert along coast; Kalahari Desert in east
Size: 825418 sq. km total (Land area: 825418 sq. km )
Population: 2,088,669
Languages: English 7% (official), Afrikaans common language of most of the population and about 60% of the white population, German 32%, indigenous languages 1% (includes Oshivambo, Herero, Nama)
Government: republic
Capital city: Windhoek
Legal system: based on Roman-Dutch law and 1990 constitution; has not accepted compulsory ICJ jurisdiction
Currency: Namibian dollar (NAD); South African rand (ZAR)
Licensing:

Country profile

The Southern African Development Coordination Conference (SADCC), which evolved into the Southern African Development Community (SADC) , has been in existence since 1980. The original nine member-countries were Angola , Botswana, Lesotho, Malawi, Mozambique, Swaziland, Tanzania, Zambia, and Zimbabwe. South Africa joined SADC in 1994 followed by Mauritius (1995), and the Democratic Republic of Congo (DRC, 1997). In 2005, SADC granted Madagascar membership. In addition to belonging to SADC, Angola, DRC, Madagascar, Malawi, Mauritius, Swaziland, Zambia and Zimbabwe are members of the Common Market for Eastern and Southern Africa (COMESA).

South Africa occupied the German colony of South-West Africa during World War I and administered it as a mandate until after World War II, when it annexed the territory. In 1966 the Marxist South-West Africa People's Organization (SWAPO) guerrilla group launched a war of independence for the area that was soon named Namibia, but it was not until 1988 that South Africa agreed to end its administration in accordance with a UN peace plan for the entire region. Namibia has been governed by SWAPO since the country won independence in 1990. Hifikepunye POHAMBA was elected president in November 2004 in a landslide victory replacing Sam NUJOMA who led the country during its first 14 years of self rule.

Energy production and consumption


Oil Gas
Production:    
Consumption: 18,400 bbl/day (2005 est.)  
Exports:    
Imports: 17,580 bbl/day (2005 est.)  
Reserves:   59 billion cu m (1 January 2006 est.)
Major fields:



Namibia - recent news

03 Sep 26
Namibia: TotalEnergies completes its entry as Operator into PEL83 license, holding the giant Mopane discovery
TotalEnergies has announced the completion of the transaction concluded with Galp in December 2025, whereby: TotalEnergies acquires from Galp a 40% operated interest in the PEL83 license, holding the Mopane discovery, and Galp acquires from TotalEnergies a 10% participating interest in the PEL56 license, holding the Venus discovery and a 9.39% participating interest in the PEL91 license.
01 Sep 26
Namibia: PEL 93 advances to next exploration phase as positive regional results support Basin potential
88 Energy has provided an update on Petroleum Exploration Licence 93 (PEL 93) in Namibia’s onshore Owambo Basin, where the Company holds a fully earned 20% non-operated working interest. The PEL 93 Joint Venture has formally applied to enter the Second Renewal Exploration Period, commencing 3 October 2026, with a proposed work programme that includes preparation for, and drilling of, at least one exploration well during the two-year renewal period.
21 Aug 26
Namibia: Sintana Energy announces update on strategic investment in Maravilla Oil and Gas
Sintana Energy has announced, further to a previous announcement dated 20 January, 2026, the entry into definitive documentation providing for the acquisition of a 44% interest in Maravilla Oil and Gas, a privately held, Namibian company focused on high-impact opportunities in West Africa.
18 Aug 26
Namibia: Equinor joins Chevron in Namibia exploration licence
Equinor has signed an agreement with Harmattan Energy, a Chevron subsidiary in Namibia, to acquire a 17.4% participating interest in Petroleum Exploration Licence 90 (PEL 90) in the Orange Basin offshore Namibia. The transaction marks Equinor’s entry into Namibia and the licence provides access to a drill-ready prospect scheduled for testing in 2026.
18 Aug 26
Namibia: ReconAfrica announces hydrocarbon flow to surface from the Huttenberg formation at Kavango West 1X
Reconnaissance Energy Africa, along with its partners BW Energy (20% WI) and the National Petroleum Corporation of Namibia ('NAMCOR', 10% carried WI), have announced preliminary production testing results from the three zones in the Huttenberg formation on the Kavango West 1X ('KW1X') discovery well, along with plans to advance to open-hole horizontal production testing.

Namibia - more news

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