Namibia is advancing Africa’s energy transition with its first fully integrated green hydrogen facility in Walvis Bay, combining solar power, hydrogen production and energy storage to support industrial decarbonisation and strengthen long-term energy resilience.
Equinor has signed an agreement with Harmattan Energy, a Chevron subsidiary in Namibia, to acquire a 17.4 per cent participating interest in Petroleum Exploration Licence 90 (PEL 90) in the Orange Basin offshore Namibia.
QatarEnergy announced an oil discovery with encouraging results from the Merlin-1X exploration well in the Petroleum Exploration License 39 (PEL 0039), offshore Namibia.
bp has agreed to acquire a 60 per cent interest in three offshore exploration blocks in Namibia from Eco Atlantic Oil & Gas as part of bp’s strategy to grow its upstream portfolio.
TotalEnergies has signed agreements to acquire a 42.5 per cent operated interest in PEL104 Exploration license, located offshore Namibia, from Eight Offshore Investments Holdings (“Eight”) and Maravilla Oil & Gas. Located in the Lüderitz basin, PEL104 license covers an area of around 11,000 km2 offshore Namibia.
bp confirmed preliminary results from the Volans-1X well in Namibia's Orange Basin, operated by Rhino Resources (42.5 per cent interest). Co-venturers include Azule Energy (42.5 per cent), NAMCOR (10 per cent), and Korres Investments (5 per cent). bp also holds a 50 per cent interest in Azule Energy.
