ASX-listed OAR Resources has signed a binding agreement with Bullrun Capital, Cityscape Asset and Impala Consulting to acquire a 100% interest in two exploration prospecting licences (EPLs) in the renowned Erongo region of Namibia, known for its significant active uranium deposits. The EPLs are currently in the application phase and are expected to be granted...
Twelve scientists from Southern African Development Community (SADC) countries will head to Germany in May, where they will have an opportunity to obtain more in-depth insight into green hydrogen amid the region’s unveiling of important green hydrogen projects, pilot plant initiatives and the awarding of a large number of green hydrogen scholarships. Prominent last week...
Norwegian deepwater driller Odfjell Drilling is looking to capitalise on its position in the hot-spot of Namibia where it sees rising demand from existing and new oil and gas company clients, as well as opportunities in neighbouring South Africa. The semisubs Deepsea Mira and Deepsea Bollsta drilled for Total Energies Source link
Namibia expects to produce first oil by 2030, with development plans underway for the eight discoveries made in the Orange Basin since 2022. This string of upstream success will not only create new opportunities for job creation, industrialization and long-term economic growth, but has demonstrated the lucrative potential of offshore oil in southern Africa. Namibia’s...
Namibia expects to produce the first oil by 2030, with development plans underway for the eight discoveries made in the Orange Basin since 2022. This string of upstream success will not only create new opportunities for job creation, industrialization, and long-term economic growth but has demonstrated the lucrative potential of offshore oil in southern Africa....
Niël Terblanché Namibia is set to present its abundance of mining investment opportunities to the world at the Invest in Africa Mining Indaba currently underway in Cape Town, South Africa. Tom Alweendo, the Minister of Mines and Energy in a statement stressed the significance of conveying Namibia’s dedication to enhancing the economic value of its...
Trustco, which emerged last year from a gruelling fight with the Johannesburg Stock Exchange, where it is listed, has secured a close to N$1 billion investment from an American company. Deputy Chief Executive Officer of Trustco, Quinton van Rooyen Junior, said the investment is a vote of confidence in Namibia’s future. In an interview with...
Staff Reporter Lüderitz, November 28 — Portuguese oil and gas company Galp has embarked on a significant exploration venture in Namibia’s Orange Basin, signalling a new chapter in the region’s oil and gas landscape. The company has commenced drilling operations at the Mopane 2X exploration well in license PEL 83, located offshore Namibia, near notable...
North American political scientist, David Eaton, is known for depicting politics as the authoritative allocation of values. This means politicians with state power have the authority to allocate values to people. To some degree, these values will also have to reflect the needs and wants of the people. This is also similar to development. If...