[Namibian] Namibia has been advised to use oil revenue to invest in other sectors of the economy to diversify income streams.
Author Archive for: Namibian
Entries by Namibian
[Namibian] The former National Petroleum Corporation of Namibia's (Namcor) board yesterday fired its managing director Immanuel Mulunga.
[Namibian] The Oslo-listed company BW Energy has bought shares in ReconAfrica to further the search for oil in Namibia.
[Namibian] In the oild and gas industry, local content refers to the development of local industries, workforce and resources to support the operations of international oil companies (IOC) within a country.
[Namibian] Canadian-listed Sintana Energy has acquired an initial 49% stake in Giraffe Energy Investments.
[Namibian] Shell South Africa is considering its next moves regarding continued investment in offshore exploration for oil after the Supreme Court of Appeal (SCA) yesterday dismissed its appeal against an earlier court ruling that set aside exploration...
[Namibian] Engen and Vivo Energy announced the completion of a transaction combining the respective businesses, with Petronas on Tuesday selling its 74% shareholding of Engen to Vivo Energy, creating a pan-African champion.
[Namibian] Bank of Namibia governor Johannes !Gawaxab has cautioned against the phenomenon whereby the rapid development of the oil and gas and green hydrogen industries in Namibia may lead to a decline in investments in other vital sectors such as agr...
[Namibian] Organisation of Petroleum Exporting Countries (Opec) secretary general (SG) Haitham Al Ghais of Kuwait is expected to deliver an address at the Namibian International Energy Conference (NIEC) in Windhoek from 23-25 April, to share insight in...
[Namibian] TotalEnergies has signed an agreement to acquire an additional 10,5% participating interest in block 2913B, and an additional 9,39% participating interest in block 2912 offshore Namibia.
