Namibia News

Shell to Appeal South African Court Ruling Blocking Exploration

Oct 22, 2025

Shell has applied to gain the right to appeal against the decision of a South African court to block exploration in the offshore block 5/6/7, a Shell spokesperson said on Wednesday.'Shell has filed an application for leave to appeal alongside…

Deepsea Mira Semi-Sub Spuds Appraisal Well for BW Energy off Namibia

Sep 19, 2025

BW Energy, together with NAMCOR E&P, has started drilling the Kharas well in the Orange Basin, offshore Namibia, with Northern Ocean’s Deepsea Mira semi-submersible drilling rig.The drilling of the appraisal well is taking place in the Kudu license (PPL003) operated by BW Energy…

Sintana-Challenger Merger to Boost Exploration in Southern Atlantic

Oct 09, 2025

Oil and gas company Sintana Energy has agreed to acquire Challenger Energy, which holds interest in two blocks offshore Uruguay as well as other assets in broader region.The all-share transaction, valued at about $60 million, will create a combined…

Rhino Resources Makes ‘High Liquid-Yield’ Gas Discovery off Namibia

Oct 02, 2025

Oil and gas firm Rhino Resources has made a gas condensate discovery off the coast of Namibia in a well spudded by Deepsea Mira semi-submersible drilling rig.The discovery was made as part of a drilling campaign in Block 2914A, in the Orange Basin…

TotalEnergies Names Senior Vice-President for Oil and Gas Exploration

Oct 06, 2025

TotalEnergies has appointed Nicola Mavilla as Senior Vice President Exploration.Effective November 1, 2025, Nicola Mavilla is replacing Kevin McLachlan, who held this position since 2015.Mavilla has 25 years of experience in the oil and gas…

QatarEnergy Acquires Interest in Egypt Block

Oct 05, 2025

QatarEnergy agreed with Shell to acquire a 27% participating interest in a block offshore Egypt from the oil and gas major, it said in a statement on Sunday.QatarEnergy has in recent years acquired stakes in oil and gas basins including in Guyana…

Eco Atlantic Extends Namibia Licenses, Farms Out Sharon Block

Sep 16, 2025

Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has signed amendments and secured license extensions across all four of its petroleum exploration licenses in Namibia and agreed to farm out its 85% stake in PEL 98 to Namibian-owned Lamda Energy…

BP’s Giant Brazil Oil Discovery Eases Transition-Stranded Asset Concerns

Sep 15, 2025

BP's recent discovery of a giant oilfield offshore Brazil has reignited investor enthusiasm, echoing the aggressive exploration era two decades ago when companies were thirsty for resources amid fears the world was running out of oil.The announcement of the Bumerangue discovery…

Rhino Resources To Drill New Well Offshore Namibia

Jun 17, 2025

African energy explorer Rhino Resources and its partner Azule Energy will drill the new Volans-1X exploration well offshore Namibia in late July or early August, a company spokesperson said on Tuesday.The Volans prospect is being investigated…

Deepsea Mira Spuds Third Well in Orange Basin License off Nambia

Aug 01, 2025

Oil and gas firm Rhino Resources and its partners have spudded the Volans-1X exploration well in PEL85 license, offshore Namibia, using Odfjell Drilling-managed Deepsea Mira semi-submersible rig.Drilled by the Deepsea Mira in water depths of around 1…

BW Energy Hires Deepsea Mira Rig for Drilling Ops off Namibia

Jul 28, 2025

BW Energy, together with NAMCOR E&P, has contracted the Deepsea Mira semi-submersible rig for the drilling of the Kharas appraisal well on the Kudu license, offshore Namibia.The drilling operation in the Orange Basin is scheduled for the second half of 2025…

Court Quashes TotalEnergies Oil Exploration Permit

Aug 14, 2025

A South African court has rescinded an environmental authorisation granted to TotalEnergies and its joint venture partner Shell to explore for oil in a block off the Cape coast, a court judgment seen by Reuters showed.However, the court said…

Northern Ocean’s DeepSea Mira Semi-Sub Gets Drilling Job off Namibia

Jul 09, 2025

Offshore drilling contractor Northern Ocean has signed a contract with a subsidiary of Rhino Resources for the DeepSea Mira semi-submersible drilling rig, which has been hired for operations off Namibia, starting mid-July 2025.The contract includes one firm well for Rhino…

Galp Ups Profit Target as it Eyes Oil and Gas Partner for Namibia

Jul 21, 2025

Portugal's Galp Energia on Monday raised its core profit target for the full year after a better-than-expected performance in the second quarter and said it expects to find a partner to develop a promising oil discovery offshore Namibia.Shares were up 2…

BP’s Second Quarter Profit Beats Expectations

Aug 05, 2025

BP will launch a review of how best to develop and monetise its oil and gas production assets and consider more cost cuts to boost shareholder returns, the oil major said on Tuesday, as it beat second-quarter profit expectations.BP, under pressure…

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