Oil rigs in Walvis Bay, Namibia
Namibia eyes diversifying energy mix as oil stalls
TotalEnergies’ delayed FID for its Venus project will likely set back first oil, but Windhoek has other irons in the fire
While the focus in Namibia might be on delays to its oil development, the country is aiming to diversify its energy mix by developing gas, renewables and hydrogen—goals that are likely to be reached at varying speeds and with variable results. The country’s initial plan for oil development is likely to start with TotalEnergies’ 2022 Venus discovery in the offshore Orange Basin, where the company expects to reach FID in 2026—at least a year later than previously envisaged. “Kudu gas could be part of the solution” Thom, Wood Mackenzie Portugal’s Galp is looking for partners to develop Mopane, which it said has a hydrocarbon in-place estimate of 10b boe. Developing Venus and Mopane coul
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
