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

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.
25 Jan 26
Namibia: Pancontinental Energy provides update in relation to its PEL 87 project, offshore Namibia
The Company reports that it has, as yet, received no notification from the the Namibian Ministry of Industry, Mines and Energy (MIME) to its application for a 12 month extension to the PEL 87 First Renewal Exploration Period.
21 Jan 26
Namibia: Sintana Energy announces potential Walvis Basin expansion, offshore Namibia
Sintana Energy has entered into a Letter of Intent providing for a period of exclusivity in relation to an investment providing for an indirect interest in PEL 37 in the Walvis Basin, offshore Namibia.
16 Dec 25
ReconAfrica has provided a Y/E operational update on the progress of its projects in Namibia, Angola and Gabon
Reconnaissance Energy Africa (ReconAfrica) has provided a year-end corporate operational update on its projects in Namibia, Angola and Gabon.

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