Namibia’s success boosts other frontiers
Exploration efforts are increasingly spreading into South African and even South American waters
Namibia continues to deliver fresh discoveries and attract international investment as the undoubted global hotspot for exploration. The country’s offshore is so prolific and promising that the industry’s attention is now spreading into neighbouring South African waters, despite the country’s bureaucratic and legislative hurdles. And the Orange Basin’s promise is even beginning to rub off on the southern cone of South America, where growing attention is being directed towards the conjugate margins which match those of the African nation. Namibia’s upstream remains busy, with ongoing announcements of discoveries, acquisitions and farm-in deals. Recently, Toronto-listed Sintana Energy conclude
Also in this section
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised