Namibia: Global Petroleum agrees work programme for Phase 3 of Licence PEL0029

Namibia: Global Petroleum agrees work programme for Phase 3 of Licence PEL0029

Global Petroleum announced (on 24 November 2017) an extension to the First Renewal Exploration Period (Phase 2) of 12 months to 3 December 2018 for Petroleum Exploration Licence 0029 and entry into the Second Renewal Period (Phase 3) effective from 3 December 2018 for a period of two years.

Read More

Global Industry: Total plans biggest exploration drive in years

Global Industry: Total plans biggest exploration drive in years

Total TOTF.PA is launching its biggest exploration campaign for years in 2019 as part of a turnaround plan that is ditching the company’s focus on risky long-shots in favour of areas known to contain commercial levels of oil or gas.

Read More

Africa Oil & Gas: “Namibia’s exploration drive goes on despite setbacks” – Petroleum Economist

Africa Oil & Gas: “Namibia’s exploration drive goes on despite setbacks” – Petroleum Economist

Namibia has no proven oil reserves, having been largely shunned by regional explorers over the years in favour of better-established hydrocarbons plays, such as its neighbour Angola. But the impact of a higher oil price and lower drilling costs means Namibia’s upstream is finally getting some serious attention from drillers.

Read More
1 2 3 5