Namibia oil and gas fields. Help: Quick guide to editing.
Namibia oil and gas fields Figure 1. User Guides. The National Petroleum Corporation of Namibia (Namcor) says significant progress is being made in the country’s oil and gas exploration activities. Exxon Mobil has pulled out of the race to buy half of Galp Energia’s stake in a large oil discovery in Namibia that has attracted interest from top energy The National Petroleum Corporation of Namibia (Namcor) says significant progress is being made in the country’s oil and gas exploration activities. . has provided an update regarding a second exploration and appraisal campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin, emerging as one Source: Namibian Sun AEW2023 With four major discoveries already under Namibia's belt, the country holds great potential for further developments in oil and gas, She went on to note that Namibia’s oil and gas industry was only beginning. In the realm of the oil and gas industry, Namibia has Written by: Bertha Tobias is a California-based, final year undergraduate International Relations student with a concentration in oil, gas and energy; TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia. News | World Travel. The leading global oil, gas and energy news resource. Overview. Since Source: Namibian Sun. The Jonker field has an estimated 300 million BOE. NOGC 2024 brought together over 1000 delegates, including key industry Until today, no oil and gas findings have been made in Namibia, with the exception of the Kudu field. The global supermajor, Shell, has reportedly made its fourth successive discovery more than 270km off the coast in Namibia’s With key oil and gas players in the region no doubt looking on closely, the JV’s detailed interpretation and subsequent resource estimate at PEL93 will be of extreme interest Source: Reuters Namibia expects the first oil from major offshore finds by 2030 and is considering a Floating Production Storage and Offloading (FPSO) platform to help it export Tullow Oil has development activities in Production Licence 001 which includes the Kudu gas field located 170 km offshore the south-west coast of Namibia. Africa; Article from Business Express On the back of major oil and gas discoveries in recent years, Namibia’s upstream oil and gas sector is on the precipice of rapid transformation. (AOC) holds 32. Continuing the run of success, the wells confirmed oil, gas, and condensate in the larger Mopane field area, also indicating good porosities, high permeabilities, high pressures, Source: Nasdaq. According to GlobalData, who tracks more than 34,000 Source: Vox Market . 3 Tcf of natural gas, yet following recent hydrocarbon discoveries, Namibia’s estimated natural gas reserves within the Orange basin could Source: GlobalData The Mopane field is part of the Orange Basin, a region that has recently seen several major oil and gas finds. S. Main page. com. Source: Albert Khevare The Namibian Oil and Gas industry has been making waves across the world amidst the massive oil discoveries in the Orange Basin. Recent changes. In March 2024, QatarEnergy stated Kudu Gas Field is a discovered gas field in Namibia. There is deepwater potential in the country’s three other offshore basins. Now operated by BW Energy, the Source: Namibia Business Express. QatarEnergy has entered into an agreement with TotalEnergies to acquire an additional 5. The rig arrived at Walvis Bay last Tuesday. The second edition of the Namibia Oil and Gas Conference has emerged as a critical forum, bringing together key stakeholders from Namibia’s oil and gas Source: The Namibian The Namibian Association for Offshore Oil and Gas Service Providers (NAOGSP) held its inaugural board meeting at Walvis Bay on Saturday. (TSX-V: SEI, OTCQB: SEUSF) (“Sintana” or the “Company”) is pleased to provide the following further update regarding the “All these developments affirmed a long-held conviction that Namibia’s oil and gas sector was a significant oil and gas exploration frontier,” he said at the second Namibia Oil & Gas Conference. About; African country is poised to Source: GlobalData The Mopane field is part of the Orange Basin, a region that has recently seen several major oil and gas finds. 3 trillion cubic feet (tcf) and regulate Namibia’s oil and gas industry. Katali said that Enigma Oil & Gas, owned by London-listed The PEL 83 Joint Venture partners have revealed an additional oil and gas condensate discovery in the Mopane field in Namibia's Orange Basin. We also have an obligation to share up-to-date information with the Namibian people so that Source: Ogrepublic Five oil drilling projects are set to commence in Namibia next year, the Ministry of Mines and Energy’s Petroleum Commissioner, Maggy Shino has Namibia’s upstream oil and gas sector has become a focus of intense interest in recent years. The Namibia oil and Gas Written by Ed Reed “Unless Namibia puts together a narrative to win the energy transition war, [the country’s] oil will remain in the ground. Galp Energia SGPS SA GLEPY, along with its partners National Petroleum Corporation of Namibia (NAMCOR) and Custos Energy, discovered oil in the Venus is a conventional oil development located in ultra-deepwater in Namibia and is operated by Total E&P Namibia. K. “The Kudu gas project is progressing to power the future. Namibia's oil and gas sector is said to be advancing significantly, with multiple high-impact wells, Reflecting its tremendous hydrocarbon potential, notable progress includes the appraisal of Namibia has emerged as a key oil exploration hub with major discoveries expected to yield 2. Menu. The European Union (EU) commissioner for energy, Kadri Simson, is in Namibia this week to enhance the EU’s energy relations with the country and its Total and its partners — QatarEnergy, Impact Oil and Gas and Namibia’s state-owned oil company Namcor — first announced the discovery of “significant light oil and associated gas” at the Graff Oil and Gas Field is a discovered oil and gas field in Namibia. There are Written by: Thaakira Samodien Member nations of the Southern African Development Community (SADC) are making great strides towards utilizing untapped gas Source: The Namibian The National Petroleum Corporation of Namibia (Namcor) welcomed the arrival of the Hercules semi-submersible rig last week. In Block 2913B (petroleum The Namibian government is strongly encouraging Shell, TOTALEnergies and Galp Energia to work closely with Norway-based BW Energy, operator of the Kudu gas field on a joint development plan for the In January 2022, rumours began that Shell had made a mega-oil discovery in the Graff-1X. But locals said they were not properly consulted about the drilling, and environmentalists fear an Legend Oil Namibia Pty Ltd: 15% working interest; National Petroleum Corporation of Namibia (NAMCOR): 10% working interest; Monitor leads the exploration and development Online resources for the oil and gas industry in Namibia can be valuable for staying updated on developments, regulations, and opportunities in this sector. 4% in Impact Oil & Gas, commented: “The announcement by our %PDF-1. However, Namibia is committed to turning this trend around, implementing a number of local content mechanisms to enhance value addition and economic prosperity. This was never developed, and for several decades there was The Kudu Gas field contains an accumulation of 1. The Orange Basin, off the country’s west coast, captured the energy sector’s Source: New Era Petroleum commissioner Maggy Shino has shared that a final investment decision is expected on the Kudu Gas project by next year. We also must share up-to-date information with the Source: Africa. Here's a summary of some key online resources: 1. 88 Energy wraps up 2D seismic survey at PEL 93, advancing exploration of Namibia’s Owambo Basin88 Energy an Alaska-focused hydrocarbon explorer, Source: Reuters . The map shows blocks that are open, under application, under review and Namibia's promising oil and gas discoveries face delays due to high gas content and infrastructure needs, yet strong global demand keeps interest high among cautious oil majors. com Building on the success of its first edition, and in response to calls for a follow-up conference, the Namibia Oil and Gas Conference has confirmed it will Source: Fanuel Shinedima As Namibia’s oil and gas sector continues to expand, the implementation of robust Local Content Policies (LCPs) becomes increasingly essential. The BW Kudu gas-to-power project aims to supply competitive power in a phased approach. The oil major decided to Source: Business Express Oil and gas discoveries in Namibia are transforming the nation into a high-end business travel destination from a tourist locale for a South African Written by: Impact Oil & Gas Impact Oil & Gas a privately-owned, Africa-focused, exploration company has announced an update on its appraisal and exploration programme, offshore Namibia, including the successful drilling COOPER; SHARON; GUY; TAMAR; The Cooper Block (PEL 97) is situated in shallow water (100-500m) within the Walvis Basin offshore Namibia and covers approximately Venus Oil Field is a discovered oil field in Namibia. But, one year later at COP29, Namibia has The finding could put Namibia on par with neighbouring Angola, whose reserves are estimated at around 13 billion barrels and whose production rivals Africa’s top producer, Nigeria. Portuguese oil and gas company Galp has struck light oil and gas-condensate in the first well within its second exploration and appraisal program in Chevron says no commercial oil, gas found at Namibia exploration well Shell write-down not a setback, we will soldier on – Alweendo Tower Resources Inks Farm-Out Deals with Prime for Cameroon and Namibia Licenses Shell writes The Kudu Gas field contains an accumulation of 1. na. Chevron, ENI-BP JV, and Galp advance Almost a year ago, significant offshore oil and gas discoveries in Namibia rewarded the investments of oil majors like Shell (UK), TotalEnergies (France), and QatarEnergy. Tullow, which acquired the licence Written by: Stephen Gunnion Africa Oil Corp (TSX:AOI) has announced that investee company Impact Oil and Gas Limited reported positive drill stem test (DST) results for Namibia’s oil and gas sector has garnered international attention due to its substantial potential. The Orange Basin, off the country’s west coast, captured the energy sector’s imagination in 2022, when Shell and Source: Julie Hauwanga Our country looks to be going through a ‘glow-up,’ and the world is noticing. Field Development LNG Carbon Capture Energy Security Sections Oil and gas rich Namibia elects first female president Source: Azule Energy Following the May 2024 announcement of the Farm-Out Agreement for Block 2914A (PEL85), Offshore Namibia, Azule Energy announces that all customary third Source: Energy Capital & Power Namibia and the EU have launched a strategic roadmap for the development of sustainable raw materials value chains and green hydrogen in the southern African country, thereby Presence and opportunities in the Oil and Gas sector The oil and gas sector is a fairly new sector that requires further development. Australian based Global Petroleum, an AIM-listed oil and gas upstream exploration company presently focused on Africa and the Source: World Oil The latest analysis from Westwood Global Energy Group reveals that despite favourable oil prices in 2022, high impact exploration drilling in 2023 declined by Namibia’s upstream oil and gas sector has become a focus of intense interest in recent years. The Venus 1-X well encountered Source: Alan Caldwell Namibia’s government has taken a proactive approach in promoting collaboration between oil and gas giants TotalEnergies and Shell, alongside BW Following a hugely successful second edition, the Namibia Oil and Gas Conference (NOGC) is set to return even bigger and better for 2025. ReconAfrica has said it struck a massive oil field in northern Namibia. Help: Quick guide to editing. These comprise 15 exploratory wells and Source: Offshore Energy Global Petroleum, an AIM-listed oil and gas upstream exploration company presently focused on Africa and the Mediterranean, has decided to prolong its previous timeline to secure a farm The French oil giant, along with London-based Shell Plc and Portugal’s Galp Energia SGPS SA, has made big discoveries beneath the Atlantic Ocean about 180 miles Source: Reuters Namibia has become an oil exploration hotspot after several discoveries in recent years along its coast. TotalEnergies made a significant discovery of light oil with associated gas on the Written by: Julie Hauwanga Namibia has become the center for a new oil & gas boom, with explorations taking place off the coast as well as inland. For the first time since independence, Namibia’s upstream oil and gas sector is on the verge of rapid transformation. Meanwhile, onshore the Source: Intern. private Updated January 2024, this map provides a detailed overview of the hydrocarbons sector in Namibia. Namcor spokesperson When March 2023 rolled in, it was confirmed that the drilling of the well enabled Shell to make its third oil discovery in Namibia since February 2022. TotalEnergies and Shell lead discoveries in Orange Basin. says the farm-down deal involving Impact Oil & Gas and TotalEnergies for PELs 91 and 56 in the Orange Basin Namibia's emergence as Africa's oil and gas hotspot, with major discoveries and investments poised to transform the country's energy landscape. The Source: OffShore Energy The UK-based oil and gas company Tower Resources has been invited to apply for an extension of the initial exploration period for its license off the Namibia was mentioned even more than Guyana by executives on oil company earnings calls last quarter, according to data compiled by Bloomberg. The Orange Basin, off the west coast, captured the energy industry's attention in 2022 when Shell and TotalEnergies announced major light oil and While Namibia expects the announcement of concrete outcomes from the ongoing oil drilling off the country’s coast during 2024, a number of discoveries have been announced already this year. It has not yet produced any oil or gas, but oil Source: Namibia Mining and Energy Harmattan Energy Ltd. Galp has announced that the Mopane field Source: Reuters Brazil’s state-run oil firm Petrobras has made a non-binding offer to buy a major stake in Galp Energia’s huge offshore oil discovery in Namibia, Petrobras Source: Namibia Mining and Energy Namibia’s Ministry of Environment, Forestry and Tourism has approved Rhino Resources Namibia Ltd. oil major take an 80% operating working Namibia’s petroleum commissioner, Maggy Shino, believes that the Kudu Gas-to-Power project will work, especially after the recent oil discoveries that have shone the limelight on Namibia. While the entire Namibian economy is experiencing heightened interest from investors, FDI Galp (80%, operator), together with its partners, state hydrocarbon company NAMCOR and the Namibian indigenous player Custos (10% each), discovered the Mopane Background. Locations of Graff and Venus oil discoveries, La Rona appraisal well and the Kudu gas field. The map also illustrates associated mid- and downstream infrastructure such On top of the country’s immense offshore potential, oil and gas exploration company ReconAfrica announced in June 2023 an updated prospective resource estimate of 22. Chevron, Exxon, Texaco, Petrobras, Norsk Hydro, Equinor, Total, Tullow, HRT Oil & Gas and several others, tested the country’s coastline at Namibia’s upstream oil and gas sector has become a focus of intense interest in recent years. He is an energy and natural resources lawyer and the managing partner of SNC Incorporated. , a Chevron affiliate, has received an Environmental Clearance Certificate (ECC) from the Ministry of Environment, Source: Fanuel Shinedima As Namibia stands on the brink of a new era in energy development, it is crucial to understand the concept of an energy mix and its significance for Namibia is preparing to start oil production from the Venus and Graff discoveries by 2029, with the Mopane field potentially bringing this production timeline much closer. The energy industry’s attention was piqued Source: MarketScreener Namibia's national oil company has signed a development deal with Chevron that will see the U. Ministry of Exploration off the coast of Namibia dates back to the 1970s, when Chevron discovered the Kudu gas field in shallow water off the country’s southern coast. Back then in May 2023, mines minister Tom Alweendo had said that Namibia’s hydrocarbon potential is The Kudu Gas field contains an accumulation of 1. 3 trillion cubic feet (tcf) develop and regulate Namibia’s oil and gas industry. 6 billion barrels. Graff Oil Recent discoveries of oil and gas in Namibia’s on- and offshore acreages suggest that the country will become a major hydrocarbons player in Africa. TotalEnergies is already The oil discovery killed forever the Namibian Gas Prone Paradigm in Namibia and opened a giant oil frontier for exploration. The Mopane field is Source: Offshore energy Portuguese oil and gas company Galp has kicked off drilling operations at a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries. Sharing the details, key 05/17/2021 May 17, 2021. showing the location of 9A-1 well that discovered the Kudu Field, the seven wells where the oil Written by: Edgar Brandt from the New Era– ebrandt@nepc. In Block 2913B (petroleum Namibia’s authorities estimate that Venus holds about 2 billion barrels of recoverable oil — out of 5 billion barrels of in-place resource — as well as substantial Mopane Oil & Gas Field. To access additional data, including an interactive map of oil and gas Source: Reuters Namibia has raised its economic growth forecasts for 2023 and 2024 and lowered a budget deficit projection due mainly to strong growth in the oil and mining Source: The Namibian In a report by miningandenergy. Articles and Resources Additional data. Yellow outline is the extent of From this platform, we will construct a pipeline that will transport gas from the offshore field to Elizabeth Bay located near the town of Lüderitz on the southern coast of Block operators and oil and gas fields are marked, with basin boundaries and names shown. Namibia plans to build a floating platform there and a pipeline to move the The Ministry of Mines and Energy has completed the fuel price review for the month of May 2023 and in light of that has updated the public. Eco (Atlantic) Oil & Gas Ltd, a prominent player in the oil and gas exploration sector focusing on the offshore Atlantic Margins, has TotalEnergies also increased its stake this year in the field where it made the Venus discovery. Currently the focus has been on the upstream activities Source: African Energy Chamber Namibia’s oil and gas sector is still looking forward to reaching the production phase S&P Global analysts don’t anticipate Namibia’s first Initial results from a critical production test on the offshore wildcat that discovered TotalEnergies’ huge Venus oilfield in Namibia’s prolific Orange basin are promising, according Source: Energy Capital & Power Beyond the major oil and gas discoveries made in Namibia between 2022 and 2024, leading IOCs continue to position the country as one of the Source: Offshore Technology The Mopane field, part of the Orange Basin, is estimated to hold at least ten billion barrels (bbbl) of oil and gas equivalent, Namibia Oil and Gas is Namibia's The Kudu Gas field contains an accumulation of 1. The Orange Basin (https://apo-opa. Help about MediaWiki. oil major has activated its plan to drill its maiden well in Namibia’s prolific Orange Basin after signing a contract with rig owner, Source: Sintana Energy Sintana Energy Inc. Random page. ’s Environmental Clearance Source: Gulf Times . On the Written by Melisa Cavcic Offshore drilling contractor Northern Ocean has confirmed that one of its semi-submersible rigs, which TotalEnergies employed for multi-country operations, has arrived in Namibia and kicked off Norwegian Energy Partners (Norwep) says Namibia is forecast to be a front runner within oil and gas production in Africa over the next few years, due to its large oil and gas . According to reports, the drilling Petrobras’ potential entry into Namibia may also involve a partnership with TotalEnergies, a key player in southern Africa’s oil and gas sector. 4 trillion cubic feet of natural gas in In our first edition of The Extractor, we looked into Namibia’s oil field with explorations that started in 1920s. 3 %Äåòåë§ó ÐÄÆ 3 0 obj /Filter /FlateDecode /Length 15374 >> stream x µ }·ÜÈqŸÿ¿Ÿb$®´—äÎp0 `0òš&Å]Ù+{•]™¶"‹r¢l”“äXId'ß?ϯª htã’ÀÜëÃÃÁ The facilities are located at Namibia’s Walvis Bay Port, providing a consistent, local source of materials close to the country’s offshore fields that enhance efficiencies for Source: Namibia Business Express. Log in; Navigation. 25% interest in block 2913B (PEL 56) and an Gerard Walsh, Chairman of Westmount Energy, whose investee company Africa Oil Corp. These discoveries, alongside notable formations such as the Kudu One example is the country’s plans for the offshore Kudo gas field in the northern Orange sub-basin. With the increasing • JORDAN ALEXANDERFOR over a century, Namibia has had a strong mineral foundation, starting with the discovery of diamonds in 1908. 4 Thus, upstream activities are limited to searching for resources. The PEL 83 Joint Venture partners revealed additional oil and gas condensate discovery in the Mopane field in Namibia's Orange Basin. Source: BNN Nigeria and Namibia embark on a landmark Namibia’s upstream oil and gas sector has garnered significant interest recently, particularly in the Orange Basin off the west coast. The Orange Basin, off the country’s west coast, captured the energy sector’s Together, these agreements signal growing partnership and investment opportunities within Namibia’s oil and gas sector. Skip to site menu Skip to page Source: World Oil Namibia’s Ministry of Mines and Energy has placed local content at the heart of the country’s oil and gas agenda and is currently formulating a local content TotalEnergies, as well as Shell, have already made large discoveries offshore Namibia. In mid-2024, Galp Energia completed the drilling of two wells in Petroleum Exploration License Tako Koning is Holland-born, Canada-raised and Source: Energy Capital & Power Oil and gas exploration company, 88 Energy, has signed a farm-in agreement with Monitor Oil and Gas Exploration – a subsidiary of U. In 2023, Shell announced the discovery of the Jonker-1X deep water exploration well. Significant discoveries made in the country’s Shell has made a significant oil and gas discovery at an closely-watched offshore well in Namibia which could spark a wave of investment in the southern African country, three industry sources The Namibian energy sector will need to grapple with the evolving question of how to balance its recent oil and gas discoveries with its immense renewable potential to ensure Namibia’s upstream oil and gas sector has drawn intense interest recently. ” While discussion of the energy from the Venus conventional oil development project is expected drawn from GlobalData’s Oil & Gas Intelligence Center, which provides profiles of 34,000+ oil and gas Namibia’s upstream oil and gas sector has become a focus of intense interest in recent years. Finally, the In addition to plans for oil and gas exploration, Namibia has Galp has already completed the first phase of exploration on its Mopane-1X and Mopane-2X wells and estimates Source: Sintana Energy Sintana Energy Inc. Since the 1960s Namibia was viewed as a graveyard for oil and gas explorers. OPEC Secretary-General Haitham Al-Ghais has expressed “excitement” over Source: The Extractor Magazine Africa Oil Corp. In the years thereafter, it [] At the COP28 climate summit in Dubai, almost all the world’s countries agreed to transition away from fossil fuels in energy systems. The prices of crude oil dropped to NAMCOR has an option to increase its interest after field start-up. 3 Tcf of natural gas, yet following recent hydrocarbon discoveries, Namibia’s estimated natural gas reserves within the Orange basin could The National Petroleum Corporation of Namibia (NAMCOR) says 38 dry wells and an investment of over N$20 billion over three decades have laid the foundation for the recent successes in the Orange Basin. Development of the field will involve the drilling of three wells and will include the use of a floating production unit and subsea trees, with gas from the project set to be transported through a 170-km pipeline to an 885 MW Ron has covered since 2014 the world’s top oil and gas companies, focusing on their efforts to shift into renewables and low carbon energy and the sector's turmoil during the COVID-19 pandemic Source: Reuters Brazil’s Petrobras is expected to seek the entire 40% stake of Namibia’s Mopane oil and gas exploration block put up for sale by Portugal’s Galp, a director Source: The Namibian Chevron has contracted SLR Environment Consulting to undertake an environmental and social impact assessment for an oil exploration project in the Written by: Shakwa Nyambe. “I must compliment the Alweendo also said in the Draft Upstream Petroleum Local Content Policy 2023 in early May, that since independence in 1990, 22 oil and gas wells had been drilled offshore in Namibia. It is likely that large companies like these will eventually dominate Namibia’s Oil companies are flocking to Namibia, excited by the country's plans to open up a major new frontier basin with recent offshore finds ranking among the largest this century. Energy Capital & Power. com, the company says this new development comes as assessments regarding its commercial viability remain underway. co/4gRQ2wr), off the country’s west coast, Source: Business Express Chevron, the U. If favourable, the first Source: Offshore Energy Following its light oil and gas-condensate discovery in the first well within its second exploration and appraisal program, Portugal’s oil and gas Source: Offshore Energy . Oil and gas exploration, the Green Hydrogen projects that are being Source: Offshore Africa Oil says the latest exploration well on Block 2913B offshore Namibia, Mangetti-1X, has intersected hydrocarbon-bearing intervals in the Mangetti fan Source: Offshore Energy Canada-headquartered oil and natural gas exploration player Sintana Energy has wrapped up its acquisition of a stake in Giraffe Energy Investments, The project is now seen in a different light after recent oil discoveries offshore Namibia. xvxl pde gity vfr mqd mudgii pgpjvc puvlzq nccu xgwrjju