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 playerContinue Reading
The recently released preliminary outcomes of Namibia’s Population and Housing Census represent a milestone in country’s journey towards a more data-informed governance model. This was last week said by Prime Minister, Saara Kuugongelwa-Amadhila who noted that beyond the numerical intricacies lies a wealth of information that serves as a compass,Continue Reading
Gil Holzman, CEO and President of Eco Atlantic has said that they expect more activity in Namibia’s orange as the country continues to yield excitement after recent oil discoveries. “Namibia has witnessed some of the largest exploration discoveries in recent years, thanks to small explorers never giving up and betterContinue Reading
Uranium exploration and development company Madison Metals will pursue more traditional means of raising capital to fund its future efforts, as the company’s unique uranium tokenisation strategy has not yielded the expected returns. “It’s been slow, I have to admit, and it definitely hasn’t brought the capital that we wereContinue Reading
…Knowledge Katti’s Custos, Galp and NAMCOR are partners Sintana Energy Inc has said that an ongoing exploration campaign in Namibia’s Orange Basin has resulted in significant discoveries of light oil. The company is conducting exploration on blocks 2813A and 2814B in the Basin, a region rapidly gaining recognition as oneContinue Reading
Reconnaissance Energy Africa Ltd. (ReconAfrica), an oil and gas exploration company, has released an updated prospective resource estimate for the Damara Fold and Thrust Belt Area in Namibia. The estimate, supported by a Prospective Resource Report prepared by independent evaluator Netherland, Sewell & Associates, Inc. (NSAI), reveals an increase inContinue Reading
Shell’s chief executive Wael Sawan earned just shy of N$190 million from his work with the London-listed supermajor in 2023. Shell has made four oil discovery in the Orange Basin, offshore Namibia. With a total remuneration package of N$188 million for his work in 2023 with the boss receiving aContinue Reading
By Bank Windhoek’s Executive Officer of Credit, Eddie King Debt is not just a financial issue; it has significant psychological and sociological implications, contributing significantly to individuals’ emotional well-being and societal status. Among these psychological implications, shame is frequently associated with indebtedness. The societal stigma around debt exacerbates these feelings,Continue Reading
Pioneer Oil and Gas Consulting has appointed Reginalda Joseph as Senior Geoscientist, participating in key projects both offshore and onshore. The appointment is effective 1 March 2024. Reginalda graduated as a Geologist in 2015 and completed her MSc Degree in Petroleum Geology in 2020. Pioneer Oil and Gas Consulting (POGC)Continue Reading
The Ministry of Industrialisation and Trade (MIT) through the National Ozone Unit (NOU) with assistance from the GIZ Proklima donated 16 Green Air Conditioners (ACs) to the Windhoek Vocational Training Centre valued at N$216,775. The purpose of the donation is to promote the sustainable use of green energy-efficient appliances, asContinue Reading
