Galp Energia’s share price surged almost 7% on Friday following news it has drilled a successful appraisal and exploration probe on its significant Mopane light oil find in Namibia’s Orange basin and is now set to return to the discovery well to carry out crucial production tests. The Lisbon-based player has not yet revealed the...
Mines and Energy Minister, Tom Alweendo has shared key lesson from the recently held Nigerian Energy Summit in Abuja. Nigeria, being the largest oil producer in Africa, Alweendo said that they took the opportunity to discuss their local content journey in the oil and gas sector, and thus Namibia learnt two important lessons. Highlighting these...
Shares of Forsys Metals surged last week after the uranium developer secured a renewal for its exclusive prospecting licence (EPL-3638) on the Namibplaas deposit, part of the company’s flagship Norasa project in Namibia. This licence has been renewed for a further two years until February 2026, it said in a press release Thursday. In September...
