NAMIBIA: BW Energy Signs Agreement for the Acquisition of Semi-submersible Drilling rig for the Kudu Development

BW Energy is progressing a revised development plan for the Kudu gas field offshore Namibia. The new development plan for the gas to power project will use a repurposed semisubmersible … Read More

NAMIBIA: PEL0094 Prospective Resources Increase threefold in New Assessment

Global Resources has announced that the updated PEL0094 Prospective Resources (best estimate) has increased threefold increase compared with the previous estimate, and confirmed the Company’s view that the acreage is … Read More

NAMIBIA: ReconAfrica Accuses Viceroy Research of Misinformation on its Drilling Programme

Reconnaissance Energy Africa  says it has received and reviewed a report issued  by Viceroy Research which it terms as a stock-market short-seller, about the Company’s exploratory drilling program in Namibia. … Read More

Valaris Announces Floater Contract Awards With Shell

Valaris Limited has announced that it has been awarded one-well contracts with Shell Namibia Upstream B.V. and Shell Sao Tome and Principe B.V. offshore Namibia and Sao Tome and Principe, … Read More

NAMIBIA: Global Petroleum Raises £1 million to Fund PEL94 Licence Commitments

Global Petroleum has announced that it has successfully raised £1,000,000 in aggregate before costs, through the Placing of 200,000,000 Ordinary Shares at a Placing Price of 0.5 pence per share. … Read More