Eco (Atlantic) Oil & Gas Ltd, a prominent player in the oil and gas exploration sector focusing on the offshore Atlantic Margins, has reported significant interest in its oil blocks off the coast of Namibia. The company is now contemplating a potential farm-out of its offshore Petroleum Exploration Licences (PELs)Continue Reading
Nuclear energy’s renaissance – propelled by the need for clean, emissions free baseload energy – has also delivered a corresponding boost for uranium. However, geopolitics being what they are, the world’s largest consumer of uranium – the US – and the largest producer of enriched uranium – Russia – areContinue Reading
Students from the Namibia University of Science and Technology (NUST) dominated the recently-held 2024 Ballerina Hackathon, taking first, second and third place. A collaboration between NUST and leading software company WS02, the event challenged Namibian developers to push the boundaries of application programming interface (API) integration, microservices orchestration and event-drivenContinue Reading
The Communications Regulatory Authority of Namibia (CRAN) officially launched its WhatsApp Consumer Assistant and revamped website on 2 December 2024 in Windhoek. These initiatives aim to enhance service delivery, improve consumer engagement, and promote a more transparent and accessible communication environment in Namibia. CRAN’s Chief Executive Officer, Emilia Nghikembua, emphasisedContinue Reading
Global Petroleum Ltd has provided updates on two of its key projects, targeting a year-end agreement for its Namibian oil and gas exploration licence and advancing exploration at its gold-focused Juno project in Western Australia. The Africa and Mediterranean-focused oil and gas company aims to finalise a farm-out agreement forContinue Reading
As in previous months, most visitors to Namibia in October 2024 came from Germany, Austria, and Switzerland, collectively accounting for 43.86% of international tourists, a report by Simonis Storm reveals. Local travellers followed with the highest domestic occupancy rate of 12.93%, though this marked a decline from 14.63% in September.Continue Reading
Namibia and China are highly aligned in green transformation and there is a great potential for both sides to explore future cooperation in this field, Elia George Kaiyamo, the Namibian ambassador to China has said. Namibia, a country in southern Africa, is heavily dependent on electricity imports, with about 50Continue Reading
Shakwa Nyambe, the Managing Partner of SNC Incorporated, has been ranked as a Highly Regarded Lawyer for Oil and Gas in Namibia by the IFRL1000 rankings of 2024. He is specifically recognised for his exceptional work in the practice area of Projects: Energy, with a focus on the Oil andContinue Reading
SNC Incorporated has announced its remarkable achievement in the IFLR1000 2024 rankings. The firm has been ranked as a Recommended Firm in Namibia and awarded a Tier 3 ranking in the Financial and Corporate practice area, which affirms its status as a leader in the Namibian legal market. Since itsContinue Reading
The Namibian Competition Commission (NaCC), and Choppies Supermarket Namibia (Pty) Ltd (Choppies) entered into a N$2.2 million settlement agreement following the Commission’s investigation which found that Choppies have contravened Chapter 4 of the Competition Act 2 of 2003, for implementing a merger without the approval of the Commission. The transactionContinue Reading
