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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
Moscow’s moves may impede Africa’s energy ambitions
Upstream projects may not benefit from Russia’s involvement, but South Africa might be seeking to become an importer of Russian molecules
Majors pull out of flagship South African gas projects
Without a pipeline of developments in place, the country’s energy crisis is poised to worsen
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
Karpowership charts unique course
The floating power station specialist discusses its plans in South Africa and elsewhere
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
Rise of Brics challenges oil world order
The five economies are shaking up global markets, and they could be on the cusp of a major break from the existing order
Can gas solve South Africa’s power crisis?
Domestic production and LNG imports are on the table as the country seeks to restore energy security
South Africa is seen as a less-welcoming environment for oil companies than Namibia
Namibia South Africa
Simon Ferrie
19 January 2023
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Venus appraisal set for first-quarter start

The Orange basin’s promising upstream looks likely to gather momentum in 2023, once again led by the flagship Venus and Graff discoveries

Developers will start appraisal drilling work at the Venus discovery in Namibia by the end of this quarter, minority stakeholder Toronto-listed Africa Oil confirms.  “We are heading into a busy operational year with the potentially transformational appraisal drilling on the Venus discovery,” says the firm’s CEO Keith Hill. Africa Oil owns a stake in Impact Oil and Gas, which in turn holds 20pc of the Venus discovery. TotalEnergies operates Venus with a 40pc share, while other partners in the project comprise state-owned QatarEnergy (30pc) and Namibian NOC Namcor (10pc). Namibian waters became a global hotspot for offshore exploration last year following back-to-back exploration successes at

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