India's ONGC Videsh has signed definitive binding agreements with Tullow Oil to acquire a 30% stake in a license offshore Namibia, marking its entry into the Namibian offshore. Namibia Petroleum Exploration License 0037 covers Blocks 2112A…
Global Petroleum has contracted Seabird Exploration to acquire 834km of full fold 2D seismic data covering block (PEL 0029) offshore Namibia. The survey has been designed as an infill program with the aim of providing better delineation of an extremely large…
Tullow Oil is delaying plans to drill PEL-37 offshore northern Namibia, suggesting that further work is required to identify a drillable prospect. The drilling of the first exploration well was to start no later than 27 March, provided…
BW Offshore signed a farm-out deal to become operator of the Kudu license offshore Namibia with 56% stake. The company’s subsidiary BW Kudu will take over the license, with Namibian state-owned oil company National Petroleum Corp. of Namibia (NAMCOR) holding the remaining 44% interest…
Africa-focused independent explorer Impact Oil and Gas has raised US$12.3 million, which is plans to spend on subsurface work, including 3D seismic survey covering approximately 1900sq km, offshore Namibia. In Namibia, Impact Oil and Gas operates Blocks 2913B…
Africa Energy Corp. has entered into a farmout agreement with a subsidiary of Pancontinental Oil & Gas pursuant to which Africa Energy will acquire a 10% participating interest in Petroleum Exploration License 37 offshore, Republic of Namibia (PEL 37)…
Two Namibia focused explorers have been granted permission to move into their next phases of exploration on blocks offshore Namibia by the country's authorities. Eco Atlantic has been allowed to move forward on licenses PEL 030 (Cooper Block)…
Chariot Oil & Gas completed its 3D seismic survey in Blocks 2312 & 2412A offshore Namibia, in conjunction with its partners AziNam (20%), NAMCOR (10%) and Ignitus (5%). The survey comprised approximately 2600sq km of data and was conducted by PGS Exploration…
AziNam, the offshore Namibia focused exploration company, has announced that it has completed a 3D seismic survey on PEL 34, the Guy Block, offshore Namibia. The survey is located in the Walvis basin and was conducted by PGS Geophysical…
Atlantic margin focused explorer Chariot Oil & Gas has started a 3D seismic acquisition survey of approximately 2600sq km in Blocks 2312 & 2412A (the “Central Blocks”) offshore Namibia. The survey is being conducted by PGS Exploration…
Global Petroleum subsidiary Jupiter Petroleum has had its first license renewal period for offshore Namibia agreed. The First Renewal Period is for two-years, starting 3 December 2015, covering Petroleum Exploration License 29 covering blocks 1910B and 2010A in the Walvis Basin…
Polarcus and the National Petroleum Corp. of Namibia (NAMCOR) signed a memorandum of understanding (MOU) over exploration and development offshore Namibia. Under the terms of the MOU, Polarcus and NAMCOR will work together to identify…
AziNam, an offshore, Namibia-based exploration company, received government approval to assume operatorship of Petroleum Exploration License (PEL) 34 offshore Namibia. During 2014, AziNam increased its working interest in PEL 34 from 20% to 40%…
Spectrum began a 3500km multi-client 2D seismic survey offshore Namibia. The BGP Pioneer. From BGP. The survey is being conducted in the Orange basin to complete the 6000km survey over the Namibia and South Africa border…
Atlantic margin focussed exploration firm Chariot Oil & Gas has, with partners AziNam (20%), NAMCOR (10%) and Ignitus (5%), started a 2D seismic acquisition survey over about 1700km in the Central Blocks 2312 & 2412A offshore Namibia. SeaBird Exploration will carry out the survey…