On Monday morning, February 4, many of us woke to the news of the tragic passing of Namibian President Hage Geingob. The death of this great man and remarkable leader is a tremendous loss. The African Energy Chamber extends our deepest sympathies, both to President Geingob’s family and to the people of Namibia. It’s difficult...
Of all the places a nation’s destiny would be fashioned by the hand of God, one would never think to find its future under a tree. But as fate would have it, for Namibia, the story of one of its greatest political leaders and in many ways, her own story of becoming a nation, of...
The Secretary General of the Commonwealth, Patricia Scotland, visited the late President Geingob’s family. Patricia Scotland expressed the deep sense of loss felt by the entire Commonwealth family over the death of Dr. Hage Geingob. She described him as a “giant amongst men” and a key figure in the liberation movement in southern Africa. “It...
Crisis-hit Chinese property giant Evergrande has been ordered to liquidate by a court in Hong Kong. The firm has been the poster child of China’s real estate crisis with more than $300bn (£236bn) of debt. After the troubled developer repeatedly failed to come up with a plan to restructure its debts, Judge Linda Chan said...
Niël Terblanché Namibia’s main port, Walvis Bay is temporarily playing host to the specially converted oil and gas production ship, FPSO Léopold Sédar Senghor, that on Monday dropped anchor in the bay on its way to Senegal. The confirmation of the FPSO’s anchorage in Walvis Bay came from Taná Pesat, the Manager of Corporate Communication...
THE National Petroleum Corporation of Namibia (Namcor) and Portuguese energy giant Galp Energy have signed a two-year agreement to enhance the skills and competencies in both upstream and downstream sectors. Namcor spokesperson Utaara Hoveka says under the agreement senior Namcor and Galp officials will identify opportunities and initiatives in the two sectors. “Under the upstream...
President Hage Geingob says Namibia has made “giant steps” towards collective prosperity. “We are on course in our ambition to leave Namibia in better shape, come March 2025. The foundations of the Namibian house have been strengthened. Namibia is on course for a sustainable economic revival,” Geingob said in his new year address. “Many Namibians...
Portuguese energy player Galp Energia has begun drilling an exploration well at the offshore PEL 83 block in Namibia. The Mopane-1X well is being drilled by the Hercules semi-submersible rig. In May 2023, Galp Energia signed a contract with Bermuda-based vessel and chartering company SFL Corporation for the use of the rig for its two-well...