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

30 Jun 26
Namibia: Rhino Resources advances appraisal of Capricornus following confirmation of connected oil-bearing reservoir at Capricornus-1A
Rhino Resources Namibia has provided an update on behalf of the PEL 85 Joint Venture regarding its drilling campaign on Block 2914, offshore Orange Basin, Namibia. The Capricornus-1A appraisal well was drilled in the eastern portion of the Capricornus fairway, which was established by the discovery at the Capricornus-1X well.
29 Jun 26
Namibia: Eco (Atlantic) Oil & Gas receives Ministerial approval for Namibia PEL 98 farm-out
Eco (Atlantic) Oil & Gas has received formal Ministerial approval from the Ministry of Industries, Mines and Energy of Namibia for the Section 11 assignment relating to the Company's previously announced farm-out of its 85% participating interest in Petroleum Exploration Licence 98 ('PEL 98'), offshore Namibia, to an arm's-length wholly Namibian-owned company, Lamda Energy.
25 Jun 26
Namibia: Tower Resources receives Letter of Approval for PEL96 farm-out
Tower Resources, the AIM-listed oil and gas company focused on Africa, has received a formal letter of approval from the Namibian Ministry of Industries, Mines and Energy ('MIME') for the farm-out of the PEL96 license, offshore Namibia, to Prime Global Energies.
09 Jun 26
Namibia: Shell advances exploration in Namibia’s Orange Basin with latest well results
Shell, alongside its partners QatarEnergy and NAMCOR, has reported encouraging exploration results from its Merlin-1X exploration well in Petroleum Exploration Licence No. 0039 (PEL 0039), offshore Namibia, further advancing its evaluation of this Orange Basin block.
08 Jun 26
Namibia: ReconAfrica commences production testing at the Kavango West 1X discovery
Reconnaissance Energy Africa, along with partners NAMCOR and BW Energy, have commenced production testing operations at Kavango West 1X ('KW1X'), onshore Namibia.

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