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

26 Feb 24
Namibia: ReconAfrica provides an operations update and change in the Board of Directors
ReconAfrica continues to pursue activities as it prepares to start a multi-well drilling campaign in 2024. To date, all surveying activity has been completed, with demining activities complete on the Damara Fold Belt Prospect L, which is expected to be the Company’s first drilling location with an expected spud date in June 2024.
22 Feb 24
Namibia: 88 Energy announces successful WI transfer by Monitor Exploration regarding PEL93 farm-in
88 Energy has announced the successful WI Transfer by Monitor Exploration to 88 Energy in relation to Petroleum Exploration Licence 93 (PEL 93), located in the Owambo Basin, Republic of Namibia following receipt of the approval of the Ministry of Mines and Energy.
12 Feb 24
Namibia/Nigeria: Africa Oil provides Namibia and Nigeria operational update
Africa Oil has provided an update regarding the ongoing exploration and appraisal activities on Block 2913B, offshore Namibia, and the start-up of production from Akpo West in PML 2, offshore Nigeria.
27 Jan 24
Namibia: Sintana Energy provides PEL 83 exploration campaign update – second significant light oil discovery at Mopane-1X
Sintana Energy has provided an update regarding the ongoing exploration campaign on Blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin, emerging as the one of the world’s most prospective oil and gas regions.
26 Jan 24
Namibia: Galp provides update on Namibia exploration
Galp (80%, operator), together with its partners NAMCOR and Custos (10% each), has successfully drilled, cored, and logged a deeper target (AVO-2) of the Mopane-1X well in block PEL83, offshore Namibia. In AVO-2, Galp has also discovered a significant column of light oil in reservoir-bearing sands of high quality.

Namibia - more news

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