Nabirm focuses on offshore Namibia
31 August, 2022 – Nabirm identified six petroleum leads within the 2D seismic survey area of Block 2113A. The preliminary opinion is that the six leads identified in Block 2113A hold total prospective un-risked recovered resources of 522 million barrels of oil (MMBO). Read More
Market dynamics warrant bigger stake in discoveries…Namibia can avoid resource curse by learning from others
15 July, 2022 – Current oil market dynamics, where demand and supply are out of sync and an oil price super-cycle lasts for the short- to medium-term, place the Namibian government in a better bargaining position to increase its take of 10% in resource projects to a higher level. This is a recommendation from a report released this week by local stock brokerage Simonis Storm Securities (SSS). Read More
Global Petroleum updates on operations in Namibia, Italy
23 June, 2022 – Global Petroleum updated the market on its operations in Namibia and Italy on Wednesday, after the granting of a one-year extension to the initial exploration period of PEL 94 In Namibia until September 2023.“The company believes that the Walvis Basin, where PEL 94 is situated, also has the potential to be extremely successful, but has the advantage of much shallower water depths generally than the discoveries in the south.” Read More
Fresh exploration well on the cards for Namibia’s deep waters
Oil discoveries could transform economy…meaningful jobs, significant revenue envisaged
Windhoek, March 18 2022 – Once the commercial viability of Namibia’s first-ever noteworthy oil discoveries off the coast by Shell and TotalEnergies have been verified, these hydrocarbon detections have the potential to benefit the country’s economy by billions of dollars in revenue. Read More
Namibia: TotalEnergies makes a significant discovery in offshore Block 2913B
Paris, February 24, 2022 – TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia. Read More
Shell hits oil in Orange Basin Namibia
2022-01-13: Hydrocarbon exploration in Namibia was given a massive boost, with word spreading fast within the industry that Shell’s high impact Graff-1 exploration well offshore Namibia has discovered light oil. Read More
Wildcat sets Out Angola, Namibia focus
2021-06-30: London-listed Wildcat Petroleum has set out plans to focus on Angola initially, with a secondary exploration drive in Namibia. Read More
Wildcat Petroleum signs up Namibia explorer for blockchain project
2021-04-22: Wildcat Petroleum PLC (LON:WCAT) has signed an agreement with Nabirm, a licence holder in Namibia, for a future blockchain project. Wildcat is working on blockchain technology for oil industry transactions, eyeing a possible launch by the end of this year. Read More
Nabirm ups the ante on offshore exploration with CSEM survey
2019-08-09: Nabirm contracts Electromagnetic Geoservices (EMGS) to conduct a 3D controlled source electromagnetic (CSEM) survey offshore Namibia. Read More
EMGS secures Namibia Survey
2020-03-02: Offshore survey service provider Electromagnetic Geoservices has received a letter of intent, with a minimum value of $3.6m, from an undisclosed customer on behalf of a JV block consortium, offshore Namibia. Read More
EMGS: Proprietary acquisition for Nabirm Global LLC
Electromagnetic Geoservices ASA (“EMGS” or the “Company”) announces award of contract from Nabirm Global LLC. Read More
ION Geophysical finishes data interpretation of Namibia block
2015-11-20: ION Geophysical has completed the interpretation of a 2D seismic survey on block 2113A in the Walvis basin offshore Namibia. Read More
Nabirm plans 2D seismic survey offshore Namibia
2015-01-13: Nabirm executes a 2D seismic survey for block 2113A in the Walvis basin offshore Namibia. Read More