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Namibia eyes diversifying energy mix as oil stalls
TotalEnergies’ delayed FID for its Venus project will likely set back first oil, but Windhoek has other irons in the fire
Mopane offers Namibia learning curve
IOCs are focused on the next wave of exploration activity in Namibia and are keen to learn from one another’s results
Namibia’s success boosts other frontiers
Exploration efforts are increasingly spreading into South African and even South American waters
Namibia continues to yield exploration success
TotalEnergies explains it is seeking the ‘sweet spots’ to develop fields with unevenly distributed resources
Letter from Paris: Africa eyes future fuelled by oil and gas
A recent industry forum highlights how developing nations see hydrocarbons very differently from some in the West
Letter from Africa: Investors should look beyond region’s challenges
Opportunities abound as hydrocarbons remain crucial to growing energy needs
Namibia keen on active role as it firms up energy ambitions
The southern African country’s plans include NOC portfolio diversification and boosting domestic gas consumption
Eco Atlantic sees promise on the frontiers
The independent tells Petroleum Economist it sees further opportunities in Guyana, South Africa and Namibia
Fresh oil find stokes Namibian interest
The southern African nation continues to deliver exploration success
Rising costs threaten Mozambique LNG
As security improves, TotalEnergies has other concerns
Venus 1 is seen as paving the way for further projects
Namibia Equinor Shell TotalEnergies Tullow Oil
Simon Ferrie
19 April 2021
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Namibia's upstream defies downturn

Large-scale, deepwater prospects continue to draw deep-pocketed investors

Namibia continues to attract fresh E&P activity, particularly from oil majors, in contrast to much of the rest of sub-Saharan Africa. But the recent withdrawal of UK-based producer Serica Energy shows the country has not been entirely shielded from the recent decline in investor appetite. Total continues to advance its sizeable Venus 1 (Block 2913B) prospect off the Namibian coast, where exploratory drilling is due to start in the third quarter of this year, according to minority stakeholder Africa-focused Impact Oil & Gas. Q3 2021 – Venus 1 due to spud Venus 1 is seen as a field which—if successful—could clear the path to development for other Namibian blocks. Canadian firm

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