Galp Energia SGPS SA has spudded the Mopane 2X exploration well in petroleum exploration license (PEL) 83 in Namibia’s Orange basin, said partner Custos Energy (Pty) Ltd. in a Nov. 27 release. Mopane is the first of two wells which are scheduled to be drilled by the Hercules semi-submersible rigContinue Reading
Nafasi Water, Manager for New Business, Brendan Petschel has said that Namibia’s coastal regions which hold the key to future prosperity of Namibia is expected to require 36,500 Ml p.a. (megalitres per annum) of water by 2030 for public and private use. This provides an evident challenge as only 12,000Continue Reading
Kaoko Green Energy Solutions and AW-Energy have appointed I.N.K Enviro Consultants to conduct the environmental and social impact assessment (ESIA) for the WaveRoller wave energy pilot project. The news follows the signing of memorandum of understanding (MoU) between Kaoko Green Energy Solutions and Finnish company AW-Energy, to extract renewable energyContinue Reading
National Housing Enterprise (NHE) recently finalised mapping its strategic road map for the next five years and as a start in the 2023 – 2024 Financial Year, the enterprise has committed to raise enough capital to build over 1400 housing units around the country with a projected investment of overContinue Reading
The majority of guests at hospitality establishments nationwide predominantly hail from Europe, with Germany, Switzerland, and Austria collectively constituting the largest share of international tourist arrivals at 42.3%. This is revealed in a tourism and hospitality report released by Simonis Storm which also notes that these countries contribute significantly toContinue Reading
…partnerships with Namibia among others could benefit from purse The President of the European Commission (EC) Ursula von der Leyen has announced new investments into the hydrogen industry, including €2.2 billion (about N$45 billion) worth of funding reserved for the spring of 2024. During a speech at the European HydrogenContinue Reading
Osino Resources Corp. has provided an update on the infill drill program at the Twin Hills Gold Project. The objective of the program is to convert the first 2 years of mining from Indicated to Measured mineral resource category and to confirm and upgrade the Twin Hills Mineral Resource Estimate.Continue Reading
Fisheries and marine resources minister, Derek Klazen has said that his ministry has received alarming reports of an increase in incidences linked or with potential links to Illegal, Unreported and Unregulated (IUU) at the northern coastal border. In a fishing industry address last week, Klazen said that to curb this,Continue Reading
Erastus Uutoni the Minister of Urban and Rural Development has called on various stakeholders involved in the delivery of affordable housing to Namibians, to unite in purpose in order to enhance chances of succeeding in this endeavour. He noted that chances for greater success in this quest require unity ofContinue Reading
Completed projects for the month of October for both Windhoek and Swakopmund reached 180, making it the year’s second-highest monthly total and signifying an 89.5% y/y increase from the same month last year, a latest building statistics report released by Simonis Storm reveals. Subsequently, in October 2023, Windhoek and SwakopmundContinue Reading
