Nedbank Namibia awarded bursaries worth N$680 000 to a total of 21 students through its bursary programme. This is one of the largest-ever investments in bursaries aimed at supporting both internal and external students pursuing higher education, with a steadfast dedication to creating pathways for personal and professional growth. AfterContinue Reading
As the scramble for Namibian oil heats up, four of world’s five largest listed oil companies -known as the super-majors- have now entered Namibia’s red hot orange basin with only ExxonMobil yet to register its interest. These super-majors – BP, Shell, Chevron, ExxonMobil and TotalEnergies – have made profits ofContinue Reading
…highest recorded total since August 2023 Atleast 34,196 cattle were marketed in March 2024—the highest monthly figure recorded since August 2023; a quarterly livestock report released by Simonis Storm has revealed. This total included 12,709 cattle slaughtered within domestic facilities and 21,487 exported live, predominantly to South Africa. Notably, inContinue Reading
Ahead of its flagship conference, the Africa Energies Summit, Frontier Energy Network has announced the finalists for the 28th edition of the Big Five Board Awards 2024. Finalists from Namibia in different categories include Executive for Upstream Exploration at National Petroleum Corporation of Namibia (NAMCOR) Victoria Sibeya, Mines and EnergyContinue Reading
Shell is looking with keen interest at Galp Energia’s huge Mopane oil discovery in Namibia’s Orange basin to see what it can learn about prospectivity on its own exploration block immediately to the south, as it continues to grapple with its “complex” discoveries. Galp reported within the last week thatContinue Reading
Walvis Bay continues to serve as Namibia’s primary border post for both imports and exports, with imported goods amounting to a value of N$5.1 billion passing through there, a report by Simonis Storm reveals. “One of Namibia’s advantages is the absence of load shedding, ensuring that our ports and borderContinue Reading
Cleanergy Solutions Namibia, a joint venture between CMB.TECH and the Ohlthaver & List (O&L) Group last week hosted the Cleanergy Green Hydrogen progress showcase at the plant’s site in Walvis Bay, Namibia noting that the hydrogen refuelling station is expected to be operational in the fourth quarter of 2024. TheContinue Reading
Namibia’s oil boom has this week moved closer to home for AIM-quoted explorer Tower Resources PLC, as US major Chevron agreed a deal to take control of an offshore block in the Walvis basin. Attentions have mainly been on the Orange basin recently as a series of large-scale, ‘world class’Continue Reading
Kraatz Engineering, a subsidiary of the Ohlthaver & List (O&L) Group has announced the signing of a Memorandum of Understanding (MoU) that is leading the way in a new venture with the University of Namibia (UNAM) and the Welding Association of Namibia. This strategic alliance is set to revolutionize theContinue Reading
Global oil super major, BP and Eni have struck a deal to take an operating stake in a highly prospective exploration licence in Namibia’s Orange basin close to Galp Energia’s huge Mopane discovery and next door to acreage where Shell has made five discoveries. Azule Energy, the 50:50 joint ventureContinue Reading
