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Windhoek, Namibia
Namibia Upstream
Simon Ferrie
12 June 2023
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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
Outlook 2026: Grand plan for offshore leasing should give boost to US Gulf
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
Outlook 2026: Revitalising Syria’s oil and gas sector – A new chapter
Outlook 2026
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
Outlook 2026: LNG markets and the overhang
Outlook 2026
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
Outlook 2026: Energy realism regains the initiative from energy idealism
Outlook 2026
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away

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