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

08 Apr 26
Namibia: Oregen Energy executes LOI to evaluate additional investment opportunity in the Orange Basin
Oregen Energy has signed a non-binding Letter of Intent ('LOI') to evaluate an investment opportunity in the share capital of Petrovena Energy, a local Namibian energy company. Petrovena is Oregen’s partner in Block 2712A (PEL 107) and has recently been issued an award letter to enter into a Petroleum Agreement and be granted a license on Block 2812Ab, a highly prospective exploration block in Namibia’s Orange Basin.
26 Mar 26
Namibia/Gabon: ReconAfrica commences production testing operations at Kavango West discovery and provides an operational update
Reconnaissance Energy Africa has provided an update of its operations in Namibia and Gabon. Production testing operations have commenced at the Kavango West 1X discovery well in Namibia. The Company is currently reprocessing 3D seismic data over the key areas of the Ngulu block, including the Loba discovery.
18 Mar 26
Namibia: Sintana Energy granted PEL87 extension, offshore Namibia
Sintana Energy has provided an update regarding Petroleum Exploration License 87 ('PEL 87') which governs blocks 2713A and 2713B located in the Orange Basin offshore in the Republic of Namibia. Pancontinental Energy, the JV partner and operator of PEL 87, has received notification from the Namibian Ministry of Industry, Mines and Energy (MIME) that Pancontinental's application to extend the current First Renewal Exploration Period of PEL 87 by 12 months, to January 22 2027, has been approved.
06 Feb 26
Namibia: TotalEnergies expands its exploration portfolio as operator of PEL104 license
TotalEnergies has signed agreements to acquire a 42.5% operated interest in the PEL104 Exploration license, located offshore Namibia, from Eight Offshore Investments Holdings and Maravilla Oil & Gas. Located in the Lüderitz basin, PEL104 license covers an area of around 11,000 km2 offshore Namibia.
01 Feb 26
Namibia: TotalEnergies and Galp reinforce their long-term commitment to Namibia in high-level Presidential meeting
Patrick Pouyanné, Chairman and CEO of TotalEnergies and Paula Amorim, Chairman of Galp, held a joint meeting with the President of the Republic of Namibia, Netumbo Nandi-Ndaitwah, to reiterate their long-term commitment to the country and provide an update on the progress and next steps of their recently announced partnership across key offshore licenses in the Orange Basin.

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