Fresh oil find stokes Namibian interest
The southern African nation continues to deliver exploration success
Namibia is starting to deliver on its immense promise and reigniting hope around oil exploration. The latest find has been made by joint venture partners Shell, state-owned QatarEnergy and Namibian NOC Namcor, which have discovered light oil at their Jonker-1X exploration well. Jonker is located in deep water, around 270km off the coast in blocks 2913A and 2914B of the Orange basin’s PEL39 licence area. Drilling started in December and ended in early March. PEL39 is the same block in which the Shell-led JV also made the Graff discovery, which helped spark the current wave of interest in Namibian prospects. “The encouraging results from the well are a geological testimony of the significant

Also in this section
24 July 2025
The reaction to proposed sanctions on Russian oil buyers has been muted, suggesting trader fatigue with Trump’s frequent bold and erratic threats
24 July 2025
Trump energy policies and changing consumer trends to upend oil supply and demand
24 July 2025
Despite significant crude projections over the next five years, Latin America’s largest economy could be forced to start importing unless action is taken
23 July 2025
The country’s energy minister explains in an exclusive interview how the country is taking a pragmatic and far-sighted approach to energy security and why he has great confidence in its oil sector