Namibia | Egypt Oil & Gas - Part 2
Impact to Invest $12.3m in Namibian Offshore Survies
Impact Oil and Gas has raised $12.3m for subsurface technical work and 3D seismic surveys offshore Namibia.
Pancontinental Contests Tullow’s Cash Call
Pancontinental Namibia has received a cash call claim in the amount of $552,897 from Tullow Oil without any prior consultation.
Namibia Mulls Solar Power Export
Namibia's Karas Governor, Lucia Basson, said the region has the potential to supply electricity to the entire country and produce surplus power to export.
Africa Energy Acquired Interest in Namibia’s Offshore Block
Africa Energy has signed a farm-out agreement with a subsidiary of Pancontinental Oil & Gas to buy a 10% participating interest in Petroleum Exploration License 37 offshore Namibia (PEL 37).
Tullow to Explore S. Lokichar field
Tullow Oil will restart exploration and appraisal drilling at Kenya's prolific South Lokichar field in December where it saw an upside potential of over 1b barrels of recoverable oil.
Arandis Secured Land for Solar Plant
Arandis Solar Energy, a Namibian independent power producer, has secured land for its solar project following the successful conclusion of a power purchase agreement (PPA) with Erongo Red.
Lekoil to Produce 10,000b/d from Oil in Nigeria’s OML 11
Lekoil Limited has declared the successful well tests of C5 and C6 zones in the Otakikpo Marginal Field in Oil Mining Lease (OML) 11 in Nigeria.
Namibia Dropped Pump Prices for Fuel
Namibian Minister of Mines and Energy, Obeth Kandjoze , announced that petrol and diesel prices will decrease by $0.036 and $0.02 per liter, respectively.
