The Island Innovator rig is on its way to South Africa, where it should begin drilling the Gazania-1 well by the end of September.
Sungara Energies has signed a deal to buy a 10% stake in Block 15/06, offshore Angola, from state-owned Sonangol.
Namibia aims to reach production from its Venus and Graff discoveries by 2028, Immanuel Mulunga, managing director of Namcor has said.
QatarEnergy (QE) has signed up to support Namcor, following two high-profile discoveries in the Southern African state.
Shell and Namcor have announced a light oil discovery at the Graff-1, offshore Namibia.
Shell’s Graff-1 well has made a “significant” discovery offshore Namibia, Reuters has reported citing three industry sources.
Results from Sonangol’s farm-out plans have been a “disappointment”, Welligence Energy Analytics has reported.
Reconnaissance Energy Africa has signed a joint operating agreement (JOA) with Namcor.
Malvin Chiwanga’s Matrix Petroleum has recently set out a plan to enter Namibia, while next up is Tanzania.
BW Energy has signed a deal to increase its stake in the Kudu licence, offshore Namibia, potentially reviving the long-dormant project.
Nigeria’s Lekoil has struck a strategic alliance agreement to find producing assets with Namibia’s state-owned Namcor.
Namibia continues to expect hydrocarbons to be discovered offshore, but in the meantime is working on energy transition plans.