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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: Opportunities and Risks of Becoming an International Oil and Gas Player

Historically overlooked by independent oil companies (IOCs) and considered something of an oil and gas frontier state, Namibia is establishing itself more prominently on the international oil and gas map. … Read More

OPINION: Oil Discovery Will Lead to Huge Benefits for Namibia if Exploited Sustainably

By NJ Ayuk Six months ago, Canadian oil and gas company Reconnaissance Energy Africa Ltd. (ReconAfrica) began exploratory drilling in the deep Kavango Basin of northeast Namibia and into northwest … Read More

NAMIBIA: ReconAfrica, NAMCOR Provide Additional Drilling Results and Plans for Next Exploration Phase in the Kavango Basin

Reconnaissance Energy Africa and its joint venture partner NAMCOR have provided n the mud logging report and geochemical analysis, more comprehensive data confirming a working conventional petroleum system. The Company … Read More

NAMIBIA: ReconAfrica & NAMCOR Granted 2D Seismic Permit for the Kavango Basin

Reconnaissance Energy Africa has announced that the Republic of Namibia’s Ministry of Environment, Forestry and Tourism has issued on Friday July 2, 2021 the Environmental Clearance Certificate (“ECC”) for the … Read More

NAMIBIA: NAMCOR, ReconAfrica Sign JOA that Seeks to Unlock Oil & Gas Potential

The National Petroleum Corporation of Namibia (NAMCOR) and Reconnaissance Energy Africa Ltd. have announce the execution of a Joint Operating Agreement (JOA) to develop the resource potential of the Kavango … Read More

Africa Oil Announces 2020 Fourth Quarter Results

Highlights Africa Oil fourth quarter net income of $79.8 million and full-year net income of $198.0 million, excluding a $215.6 million non-cash impairment of Kenya exploration assets posted in the first quarter 2020. Strong quarterly profit contribution … Read More

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