Tag: Namibia

88 Energy ventures into Namibia’s frontier oil and gas with PEL 93 acquisition

businessnewstoday- February 24, 2024

88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF), a prominent player in the oil and gas sector, has officially announced its successful Working Interest (WI) Transfer from ... Read More

Hage Geingob: A life of triumph, controversy, and the pursuit of independence

businessnewstoday- February 4, 2024

Namibia bids farewell to one of its most influential leaders, Hage Gottfried Geingob, who passed away at the age of 82 on Sunday, February 4, ... Read More

Dundee Precious Metals announces acquisition of Osino Resources for C$287m

businessnewstoday- December 18, 2023

Dundee Precious Metals Inc. (TSX:DPM) and Osino Resources Corp. (TSXV: OSI) have jointly announced a definitive agreement under which DPM will acquire all issued and ... Read More

88 Energy to earn up to 45% interest in Namibia’s PEL 93 with Monitor Exploration

businessnewstoday- November 14, 2023

88 Energy Limited has executed a three-stage farm-in agreement with Monitor Exploration Limited to earn up to a 45% non-operated working interest in Petroleum Exploration ... Read More

Uis Lithium Project : Askari Metals completes acquisition of remaining stake in EPL 7345

businessnewstoday- May 28, 2023

Askari Metals Limited has successfully finalized the acquisition of the remaining 10% interest in EPL 7345, which forms a crucial part of the Uis Lithium ... Read More

TotalEnergies makes Venus oil discovery in Orange Basin, Namibia

businessnewstoday- February 27, 2022

Venus oil discovery : French energy giant TotalEnergies (formerly Total) has pulled off a light oil discovery in block 2913B, Petroleum Exploration Licence 56 (PEL56) ... Read More

Qatar Petroleum to join Shell in two offshore Namibian exploration blocks

businessnewstoday- May 8, 2021

Qatar Petroleum has agreed to acquire a 45% stake in two exploration blocks in Namibian waters - Block 2913A and Block 2914B in PEL 39 ... Read More

Kosmos Energy to farm down offshore African exploration assets to Shell

oilandgasnews365- September 9, 2020

Kosmos Energy has signed a deal worth up to $200 million with Dordtsche Petroleum Maatschappij (Shell), a fully-owned subsidiary of Royal Dutch Shell, to farm ... Read More

De Beers’ Namdeb JV to sell Elizabeth Bay diamond mine in Namibia

businessnewstoday- February 11, 2018

Mining industry news : De Beers Group’s 50/50 joint venture with the Namibian government – Namdeb has put up its Elizabeth Bay diamond mine for ... Read More