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 Aug 20
Namibia: ReconAfrica provides Kavango Basin operations update
Reconnaissance Energy Africa (ReconAfrica) has provided an operations update in opening the deep Kavango Basin in northeastern Namibia. The Company is now funded to initiate and complete a three well drilling program in the most opportune parts of the Kavango Basin, with the initial goal of establishing an active Permian aged petroleum system.
28 Jul 20
Namibia: Tower Resources provides Namibia update
Tower Resources has provided an update on activity in respect of license PEL 96 in Namibia, covering Blocks 1910A, 1911 and 1912B. A recent announcement by Global Petroleum of updated prospective resource estimates in respect of its license PEL 94, covering Block 2011A which is immediately to the South of Tower's Block 1911 indicates that approx. 25% of Global's Welwitschia structure lies in Block 1911.
20 Jul 20
Namibia: Global Petroleum announces new Prospective Resources estimate for PEL0094 offshore Namibia
AIM-listed Global Petroleum has announced an updated estimate of Prospective Resources for PEL0094 (Block 2011A), offshore Namibia, after interpretation of the 3D seismic data survey recently licensed from the Namibian State Oil Company, NAMCOR.
07 Jul 20
Namibia/Botswana: ReconAfrica completes technical evaluation of the conventional structures in the Kavango Basin
Reconnaissance Energy Africa (ReconAfrica) has completed a comprehensive subsurface evaluation delineating large scale, prospective conventional hydrocarbon bearing structures, throughout the entire Kavango Basin. The primary objective of ReconAfrica‘s initial three well drilling program, scheduled for Q4 of 2020, is to confirm a thick, active, petroleum system throughout the deep Kavango basin.
26 May 20
Namibia: ReconAfrica planning to drill its first well in Namibia in the fourth quarter of 2020
ReconAfrica has announced that, with the Namibian government's further easing of COVID-19 restrictions and the anticipation that Namibian and international restrictions will be lifted during the summer, it is continuing its planning for the drilling of its first well in Namibia's Kavango Basin in the fourth quarter of 2020.

Namibia - more news

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