Middle East / Africa
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 Oct 24 |
Namibia: ReconAfrica announces an operations update and executive appointment Reconnaissance Energy Africa ('ReconAfrica') has announced an operations update with respect to activities on Petroleum Exploration Licence 073 ('PEL 73'). The Naingopo exploration well on PEL 73 continues to make progress and will be followed by the Kambundu exploration well, |
| 02 Oct 24 |
Tower Resources announces interim results to 30 June 2024 AIM-listed Tower Resources, the Africa-focused energy company, has announced its Interim Results for the six months ended 30 June 2024. The Company is reviewing a proposal to finance the NJOM-3 well, located in the Thali licence, offshore Namibia, via farm-out of a minority interest in the PSC to a substantial upstream company with existing production. Tower is targeting to spud the well early in 2025. |
| 01 Sep 24 |
Namibia: ReconAfrica announces an operations update and first Sustainability Report Reconnaissance Energy Africa (ReconAfrica) has announced an operational update, the filing of its financial results for the quarter ended June 30, 2024 and the release of the Company's first Sustainability Report. |
| 14 Aug 24 |
Namibia: Global Petroleum provides update on PEL 94 license and strategic expansion Global Petroleum has seen increased interest in the data room for PEL94 from various parties. As a result, Global has entered into early commercial discussions with a potential operating partner for a Farm-In agreement for its licence PEL94. |
| 06 Aug 24 |
Namibia: ReconAfrica enters into definitive strategic farm down agreement with BW Energy Reconnaissance Energy Africa ('ReconAfrica') has announced that, further to its announcement on July 16, 2024, it has entered into a definitive farm down agreement with BW Energy dated July 30, 2024, for the sale of a 20% working interest in Petroleum Exploration Licence 73 ('PEL 73'), in northeast Namibia. |
Namibia - more news
Other countries in this region
- Algeria,
- Angola,
- Bahrain,
- Benin,
- Botswana,
- Burundi,
- Cameroon,
- Central Africa Republic,
- Chad,
- Comoros,
- Congo (Brazzaville),
- Congo (Democratic Rep.),
- Cote d'Ivoire,
- Djibouti,
- Egypt,
- Equatorial Guinea,
- Eritrea,
- Ethiopia,
- Gabon,
- Gambia,
- Ghana,
- Guinea (Republic),
- Guinea Bissau,
- Iran,
- Iraq,
- Israel,
- Jordan,
- Kenya,
- Kuwait,
- Lebanon,
- Liberia,
- Libya,
- Madagascar,
- Malawi,
- Mali,
- Mauritania,
- Mauritius,
- Morocco,
- Mozambique,
- Niger,
- Nigeria,
- Oman,
- Palestine,
- Qatar,
- Rwanda,
- Sao Tome,
- Saudi Arabia,
- Senegal,
- Seychelles,
- Sierra Leone,
- Somalia,
- Somaliland,
- South Africa,
- South Sudan,
- Sudan,
- Syria,
- Tanzania,
- Togo,
- Tunisia,
- Uganda,
- United Arab Emirates,
- Western Sahara,
- Yemen,
- Zambia,
- Zanzibar,
- Zimbabwe
