Staff Reporter WALVIS BAY, Sept. 28 — TotalEnergies, the global energy giant, has outlined an ambitious strategy during its recent investor day, providing key updates on its offshore activities in Namibia. The company has confirmed positive appraisal results from the Venus-1A well and a successful “positive flow test” at the Venus-1X well, signalling significant progress...
French company TotalEnergies announced on Wednesday some positive results at an exploration well in Namibia and added it would increase its returns to shareholders, as part of an investor day. Analysts had said they were particularly keen to hear more about the French energy group’s recent exploration activity offshore Namibia – which has no oil...
By Freeman Ya Ngulu. The Namibian Mines and Energy ministry has approved an extension to the First Renewal Exploration Period for Petroleum Exploration License 83 (“PEL 83”) for the drilling of an exploration well currently expected in late 2023. Sintana Energy Inc President Robert Bose said that the company expects regular news apprises in the...
Staff Reporter CAPE TOWN, Sept. 14 — South Africa’s Minister of Mineral Resources and Energy, Gwede Mantashe, has underscored the significance of substantial offshore oil and gas discoveries in Namibia over the past two years, emphasizing their importance not only for South Africa but also for the broader region and the continent as a whole....
By Clifton Movirongo. With all the hype around the recent discoveries of substantial oil sources in Namibia’s offshore acreage, the Namibia Investment Promotion and Development Board’s (NIPDB) Chief Executive, M. Nangula Uaandja recently pointed out that it is “still a long way to go” before the production phase begins. Ms Uaandja walked participants at the...
Shell has racked up a fourth successive discovery offshore Namibia after hitting pay dirt with a just-completed exploration probe in the Orange basin. Fresh from this latest success, the supermajor has now started drilling a fifth exploration probe, targeting a major prospect some distance north of its quartet of discoveries in Block 2913A. A Shell...
Staff Writer Namibia’s privately owned telecommunications and network company, Paratus and wireless communications company Ceragon Networks have signed a multi-year agreement to provide high-capacity wireless offshore communication solutions to the oil and gas industry in Namibia, Angola, and Mozambique. The agreement effectively combines Ceragon’s world-class stabilising technology for offshore assets, including rigs and or floating...