Namibia is reigniting hope around oil exploration
Fresh oil find stokes Namibian interest
The southern African nation continues to deliver exploration success
Namibia is starting to deliver on its immense promise and reigniting hope around oil exploration. The latest find has been made by joint venture partners Shell, state-owned QatarEnergy and Namibian NOC Namcor, which have discovered light oil at their Jonker-1X exploration well. Jonker is located in deep water, around 270km off the coast in blocks 2913A and 2914B of the Orange basin’s PEL39 licence area. Drilling started in December and ended in early March. PEL39 is the same block in which the Shell-led JV also made the Graff discovery, which helped spark the current wave of interest in Namibian prospects. “The encouraging results from the well are a geological testimony of the significant
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026
