Namibia’s $14 billion economy is endowed with an abundance of natural resources that could help turbo-charge its economic prospects.
New round of wildcat wells forecast as Namibia gears up for exploration revival in both offshore and onshore sectors
Namibia’s decision to grant the green light to proceed with the drilling of its proposed Osprey offshore well has been hailed as further confirmation that investor appetite for exploration in both offshore and onshore Namibia remains robust.
Our collaborative partner, Gravionic GmhH, a specialist in the development of complex sensor systems, has been awarded a €376,000 grant from the German government.
Southern Africa-focused oil and gas explorer Africa New Energies (ANE) hailed the decision by Namibia’s Ministry of Mines and Energy in June.
Africa New Energies has honoured a commitment to ensure that the indigenous peoples living on its concession in Namibia receive a material stake in its fortunes.