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
Namibian NOC Namcor has set its sights on being more than just a passive partner in its burgeoning upstream sector. The state company is seeking to buy into assets beyond Namibia and intends to start operating its own fields in the near future. Namcor is looking to farm into Angola’s offshore Block 15/06, Shiwana Ndeunyema, Namcor executive for business strategy and performance, confirms. The offshore block is one of the eight licences operated by Azule Energy, the standalone joint venture formed last year when BP and Italy’s Eni combined their upstream Angolan assets. Block 15/06 already has fields in production, including Ndungu, Cuica and Cabaca North, as well as the 100,000bl/d Ngoma flo

Also in this section
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference