Namibia oil and gas fields
The Ministry of Mines and Energy (MME) regulates the Namibian oil industry and this region has a highly valuable downstream oil-marketing setup. discovered a working conventional petroleum system in Kavango basin, northeast Namibia, based on data from the 6-2 well, the first of a three-well drilling program. holds a 90% interest in a petroleum exploration licence in northeast Namibia. 2021 . Kavango East, Namibia (CNN) Syringa trees rise out of the Kalahari sand in the . Yet it is already being hammered by the world's dependency on fossil fuels. Qatar Petroleum announced on Tuesday that it has entered into an agreement with Shell to become a partner in two exploration blocks offshore the Republic of Namibia. LONDON, July 9, 2021 /PRNewswire/ -- A small Canadian oil explorer may have shocked the industry this year when it published initial results that pointed to the potential of a giant oil discovery in Namibia's Kavango Basin. Although this marks the beginning of the Namibian Oil industry, the . Namibia consumes . Richtersveld Mining and Exploration Ltd -- Namibia. Frequently Ask Questions. Namibia has until recently been largely overlooked by the oil majors. Announces Guyana Operational Update. ReconAfrica, a Canadian oil and gas company, has licensed drilling areas in over 34,000sq km of land in parts of northern Namibia and Botswana that overlap with Africa's Kavango-Zambezi Trans . Chariot's exploration into this area has identified four potential prospects. (km2) that covers the western part of Namibia and northwest- ern part of South Africa (fig. The company holds licences comprising approximately 3. Namibia is the World's Next Major Oil Hot Spot Until recently, Namibia has been . 11 dic. SNE oil field location, discovery, and reserves. comparisons to other oil producing fields, oil prices . 11 dic. 28 ene. Consequently, the discovery of oil resources in certain countries of Sub-Saharan Africa does not entail occurrence of oil resource curse . 2 trillion cubic . 8 mar. 5. 3 trillion cubic feet of gas. It contains an estimated 1. ReconAfrica's stock price spikes after second Namibia probe hits oil and gas. Test drilling for oil and gas begins in Namibia’s Okavango region. Unlike neighboring Angola, Namibia doesn't have an oil industry of its own to speak of -- so far. Regulation. 2021 . 2021 . The company's . 2021 . The well is part of the initial three well programme that is carried out to evaluate the Permian aged Kavango basin. in the exploration and development of oil and gas in Northeast Namibia . BW Kudu is the developer of the Kudu gas field, which contains some 1. Following Namibia’s independence in March 1990 an extensive Licensing ReconAfrica, a Canadian oil and gas company, has licensed drilling areas in over 34,000sq km of land in parts of northern Namibia and Botswana that overlap with Africa's Kavango-Zambezi Trans-frontier Conservation Area (KAZA), which includes land in Angola, Botswana, Namibia, Zambia, and Zimbabwe. 2020 . In Namibia Tullow has exploration interests in two operated offshore licence. 8 may. 0% of the world's total consumption of 97,103,871 barrels per day. 4bn development plans this year for its Pecan field, where it argues between 600,000 and 1m barrels of oil can be found. Qatar Petroleum has farmed in to two exploration blocks offshore the Republic of Namibia through an agreement with Shell. These areas include the Namibian headwaters of the Okavango delta and . Energy Capital & Power is the African continent’s leading investment platform for the energy sector. DeWolf Shaw CFA, notes that “during the modern era of the great oil discoveries, a geological success . Grégoire Durand, VP Oil & Gas logistics of Bourbon Marine . Published as part of African Energy 306, this map provides an overview of upstream activities in the country. Namibia ranks 124th in the world for oil consumption, accounting for about 0. Namibia, agreeing in August to acquire a 30% stake in petroleum exploration . The oil and gas cycle is the stages an international oil exploration and production company (IOC) goes through, from its initial entry into a country, through to when natural hydrocarbon reserves are depleted. Movement towards deregulating the Namibian petroleum industry has taken place with . According to the minister, "It's true the company has an oil and gas exploration license and obtained an . The presence of hydrocarbons further motivated companies to explore coal and oil prospects in the country. The oil is saturated with a gas/oil ratio of about 160 Sm3/Sm3, as is the case otherwise in the western part of the field (16/1-11, 16/1-11 A and 16/1-9). The largest private oil and gas exploration and production company in India. Oil and Gas Exploration and Production. Pasteur Street, Windhoek, Namibia | Energy Company. Tom Alweendo will be joined by Executive Chairman of the African Energy Chamber (www. Petro Vietnam (PVN) has asked ELEN (fictional name for an international oil company), to participate in the development of Block 21 in the Nam Con Son basin. The former Vice-President and Head of Global Oil and Gas Research at CIBC World Markets, G. Qatar Petroleum entered into an agreement with Shell to become a partner in two exploration blocks offshore Namibia. The well, 6-2, is the first of three wells in northeast Namibia. Indonesian government allocates Lemang gas Jadestone Energy has reported that the Minister of Mines and Energy, Indonesia has issued a Ministerial decree allocating gas sales from the Akatara gas field in the Lemang PSC, onshore Indonesia, to a subsidiary of the national electricity utility, PT Perusahaan Listrik Negara. Namibian oil and risk to the Okavango Delta: Fears over threat to one of world's most . Whereas many political downsides of resource booms do not apply to Namibia, the elite appear to have turned the licensing system for exploration into a means of . Is there oil in Namibia? An estimated 11 billion barrels in oil reserves . Are you a legal expert practising in the field of Oil & Gas Regulation? 29 jul. From that pain, Geoforce was born in 2007 with the simple belief that the chaos and pain of oilfield operations could be alleviated with technology. 27 jun. 2019 . 5/5/2021. com An estimated 11 billion barrels in oil reserves have been found off Namibia’s coast, with the first production planned within four years, mines and energy minister Isak Katali announced Wednesday. The exploration license covers the entire Kavango sedimentary basin an area of approximately 25,341. Companies in this industry support oil and gas field operations on a contract basis. Oil companies that came too late to the east African oil and gas boom don’t want to be left behind in Namibia. The Kudu Development Project has as its purpose the development of the Kudu Gas Field located offshore Republic of Namibia. 2021 . Confirms a Working Petroleum System in the Kavango Basin, Namibia . In no particular order, here are some of the industry stories that have caught our eye recently! 1. . Around Christmas 2020, the Namibian Environment & Wildlife Society and many Namibians were shocked and surprised to hear that an oil and gas exploration . 6 abr. . 25 abr. 16 abr. As a . “These will disrupt the . 2021 . National Petroleum Corporation of Namibia. 2015 . Reconnaissance Energy Africa has begun drilling its first well in Namibia’s Kavango Basin. The African focused Oil & Energy B2B Events Company. 27. Gas income tax is 25 percent (same as for oil) for associated gas and 15 percent for non-associated gas when proven reserves are lower than 2 trillion cubic feet. It lies in the Orange Sub- . 30. 1 billion. The fiscal regime for Namibia is good compared with many other established oil producing countries and this is expected - to date Namibia has no oil and gas production and in fact has only one . The former Vice-President and Head of Global Oil and Gas Research at CIBC World Markets, G. And as the world slowly moves away from its dependency on fossil fuels, many are wondering at the potential consequences of opening up such a vast new oil field. Beyond Limits, which was founded in Glendale, California in 2014, benchmarked the new model on three different setups, including a 20-core CPU system, a 96-core CPU system, and a single core Nvidia . Brazilian petroleum giant Petrobras first discovered pre-salt oil reserves in the Santos Basin in 2006, and drew the first oil in 2008. DeWolf Shaw CFA, notes that “during the modern era of the great oil discoveries, a geological success . SWAKOPMUND – Mines and Energy Minister Tom Alweendo says the discoveries of major oil reserves in Southern Africa will be of importance to Namibia, a country battling a volatile and challenging business environment, characterised by a slowdown in the economy. 8% this year. BW Kudu Ltd, a subsidiary of BW Offshore, which is listed on the Oslo Stock Exchange and is a global provider of floating production services to the oil and gas industry, became the operator for the Kudu Gas field in 2017 through 56 percent shareholding while the National Petroleum Corporation (NAMCOR) holds the remaining 44 percent. The second stratigraphic test well (6-1) has so far encountered 343 meters of oil and gas indicators just at the shallow level, further confirming an active petroleum system in Kavango. 2021 . Major companies include Baker Hughes, China Oilfield Services, Halliburton, Nabors Industries, National Oilwell Varco, Saipem, Schlumberger, Transocean, and Weatherford International. 13 ago. Providers for Oil Field Services. at the potential consequences of opening up such a vast new oil field. Gas processing projects account for around 39%. ReconAfrica is a Canadian oil and gas company engaged in the exploration and development of oil and gas in Northeast Namibia and Northwest Botswana—the “Kavango Basin. Oil was then extracted from these samples and the results supported an active petroleum system with multiple source intervals. The 1st Phase or First Licensing round opened in 1969 with 8 blocks being awarded, then 2 nd licensing round opened in 1972 with 9 blocks being awarded. “The gas price is affordable for Namibia and for the international market and we are quite confident the project will happen,” he said on the sidelines of an African oil and gas conference in . The source rocks in the Kavango are believed to be the same age and quality South Africa' s. ReconAfrica is using proven, safe, and effective technologies and applying rigorous safety and environmental protection standards in all aspects of our operations in Namibia. 410 17th Street Suite 250 Denver, CO 80202 [email protected] 303-296-8834 E-mail for Advertising Information or call 303-296-8834 x 243 Oil and gas production occurs in an environment of high risks and great rewards. com Oil & Gas 360® c/o EnerCom, Inc. Mega projects such as the Kudu Power Station are . A Canadian oil company has found a giant onshore oil field in Namibia. Cumulative discovered oil volume and field discovery year for oil fields. Oil and Gas Challenges and Opportunities in Africa. An oil drill in Namibia's Kavango Basin. 10 oct. 2013 . The majority of the area covered by Petroleum Exploration Licence . Even in this most blatant instance of abuse of power, it would have been unheard of for the minister of petroleum not to award the oil block to Alakija, given the overwhelming power of the office of the president. Nexans provides a complete range of cables and accessories for all of your offshore subsea projects. 47 Tables 1–2. . A key project underway offshore Namibia is the Kudu gas field discovered by Chevron in 1974. Despite the downturn in oil prices, exploration for oil and gas has continued in Africa, although with a concentration on the ‘low-hanging fruit’ represented by low risk wells in areas of existing production that would yield rapid results. The second stratigraphic test well (6-1) has so far encountered 343 meters of oil and gas indicators just at the shallow level, further confirming an active petroleum system in Kavango. Sakhalin has three fields: Chayvo, Odoptu, and Arkutun-Dagi). . ReconAfrica, a Canadian oil and gas company, has licensed drilling areas in over 34,000sq km of land in parts of northern Namibia and Botswana that overlap with Africa’s Kavango-Zambezi Trans-frontier Conservation Area (KAZA), which includes land in Angola, Botswana, Namibia, Zambia, and Zimbabwe. Namibia Overview Attractive Location / Fiscal Terms Slide 13 Africa Energy | July 2018 History of Oil Industry Namibia is under-explored. 2 trillion cubic feet (“tcf”). 28 dic. (AIM: ECO, TSX-V: EOG) reported Monday that it has negotiated the reissuance of all four of its offshore Namibia licenses. Yet it is already being hammered by the world's dependency on fossil fuels. The oil and gas industry is continuing to reduce costs, improve efficiency, and exploit new fields. Eco (Atlantic) Oil and Gas Ltd. 17 may. 18 oct. The Kudu gas field is an offshore natural gas field in Namibia approximately 130 kilometers north-west from the city of Oranjemund, located in the Orange Sub-basin in 170 meters of water depth. RIYADH: State oil company Saudi Aramco has discovered four new oil and gas fields in different locations around the country, the Kingdom’s energy minister said on Sunday, according to a Saudi . 19 mar. 3 dic. Keywords Namibia, economic development, state, political systems, corruption, natural resources, crude oil/natural gas extraction, Namibia, Wirtschaftliche . The Namibia Biomass Industry Group (N-BiG) was established in 2015 as a non- profit industry association with the vision of shaping the future of bioenergy and . Some of the items listed are basins or projects that comprise many fields (e. NAMIBIA. Now, as our anticipation builds over the next drill . Cengas - Central Gas, specializes in the import, sales and supply of selected gas , welding and cutting equipment to wholesalers and the public. Monitor Exploration Limited (MEL), a recently founded U. See full list on dw. LONDON, July 9, 2021 /PRNewswire/ -- A small Canadian oil explorer may have shocked the industry this year when it published initial results that pointed to the potential of a giant oil discovery in Namibia's Kavango Basin. That's because it bought up oil and gas rights to the entire Kavango . 18 feb. Oil and gas drilling will bring vast wealth to a few but will further impoverish northern Namibia people, exacerbating climate change and destroying their traditional way of life. . There are currently no institutions in Namibia and sub-Saharan Africa that are dedicated to providing for the capacity buildings needs of the petroleum and gas sector, save for some general engineering programmes in various tertiary education institutions. Conservationists warn oil and gas projects could compromise the health of the watersheds, with a potentially devastating impact on local wildlife . Byproducts from oil refining are used to produce plastics as well as pesticides, lubricants, waxes, tars and even asphalt for our roads. IRVING, Texas – ExxonMobil said today it will increase its exploration acreage in Namibia with the addition of approximately 7 million net acres (28,000 square kilometers) following the signing of an agreement with the government of Namibia and the National Petroleum Corporation of Namibia (NAMCOR) for blocks 1710 and 1810, and farm-in agreements with NAMCOR for blocks 1711 and 1811A. 2020 . Is Namibia Emerging As The Most Exciting Oil Story Of The Year. 1). Namibia's never produced a barrel of oil in its history, so ReconAfrica's ( RECO. Namibia's never produced a barrel of oil in its . Geoforce doesn't just sell to oil and gas. 5 billion barrels of oil, 11 TCF of gas and an output of 1. 1991 . “The possible impact that oil and gas extraction would have on the water resources in Namibia and Botswana is the biggest concern,” says Esterhuyse, whose research focuses on the impact of oil and gas extraction on groundwater resources. Namibia. Republic of Namibia 3 Annotated Statutes. Gas provides us with electricity and can be used for cooking and heating houses, buildings and water. ANOH-Seplat is one of the key projects with a capacity of 300 MMcf/d. carbonate reservoirs and also proved an oil-based working petroleum system . Namibia's never produced a barrel of oil in its history, . In 2011 , Namibia was estimated to have proven natural gas reserves of 2. 2019 . 2015 . 2. Oil life cycle. March 2021 (Windhoek, Namibia) – Fridays For Future Windhoek revealed that the oil and gas ‘play’ of Canadian ReconAfrica in the Kavango region of Namibia and Botswana risks destroying global attempts of meeting a two-thirds chance of limiting global heating to 1. 15 abr. 18 nov. 2021 . The Kudu field is the largest proven hydrocarbon system offshore Namibia to date. (NDEP) is a publicly owned, integrated Independent Oil and Gas focused Investment Company, with a wide range of assets. West Africa has a mature, well developed oil and gas industry dating back over 50 years to the discovery of oil in the Niger Delta by Shell . Aker submitted its $4. The oil and gas cycle is the stages an international oil exploration and production . But locals said . 2021 . Plans for oil drilling in Kavango region in Namibia and north-west . Summary of estimated undiscovered volumes of conventional oil, gas, and natural gas liquids for undiscovered oil and gas fields in West-Central Coastal Province, west Africa 1. "Southern Namibia . If it proceeds, this development would take place on Indigenous San and Kavango territories upstream from the Okavango Delta, a UNESCO World Heritage Site and Ramsar Convention . Namibia: Questions Remain Over Future of Namibian Oil Discovery. 5 million acres is, Stocktwits has . When asked about his country’s contribution to conversations around global crude oil and gas demand and supply, he offered that “Namibia is a relatively new comer to this”. The world is increasingly relying on offshore resources, and to ensure future supplies, it is also moving into deeper waters (3000 meters and more). The basis of robust petroleum exploration is the vast gas reserves, namely Kudu, on Namibia's coastline. size of potential oil reserves, comparisons to other oil producing fields, oil prices . Oil was then extracted from these samples and the results supported an active petroleum system with multiple source intervals. 26 oct. In 2014 . Stacking area and Warehousing facilities are available. The first prospect wells were drilled in the early 1960s and following a number of dry wells, the Kudu gas fields were discovered in 1974, confirming the presence of hydrocarbons in the geological structures off the Namibian coast. . is an independent oil and gas exploration and production company with a . Oil & gas onshore Namibia. 4 million contiguous hectares (8. “ReconAfrica . The second stratigraphic test well (6-1) has so far encountered 343 meters of oil and gas indicators just at the shallow level, further confirming an active petroleum system in Kavango. Namibia has a fledgling oil and gas production industry and it is likely that the country . Exploration Right reference 12/3/276 (Gamtoos, Algoa and Transkei basins) . Find detailed information on Oil & Gas Field Services companies in Namibia, including financial statements, sales and marketing contacts, top competitors, and firmographic insights. Namibia: Fueling. Kosmos and partners discovered the significant Tweneboa gas-condensate accumulation in 2009, followed by the Enyenra oil field in 2010. 28. This was 46 years prior to the drilling of the first offshore exploration well, Chevron-Texaco’s Kudu 9A-1 in the Orange Basin. IRVING, Texas – ExxonMobil said today it will increase its exploration acreage in Namibia with the addition of approximately 7 million net acres (28,000 square kilometers) following the signing of an agreement with the government of Namibia and the National Petroleum Corporation of Namibia (NAMCOR) for blocks 1710 and 1810, and farm-in agreements with NAMCOR for blocks 1711 and 1811A. Successive . ReconAfrica believes that a formation known as the Kavango Basin holds. Global Petroleum Namibia Limited 78% (operator) . Kudu gas field is part of production licence 001, located about 130km off the shore of Namibia near the city of Oranjemund, West Africa. Ghana’s oil and gas are helping position it among the continent’s fastest-growing economies, with growth forecast to reach 8. There are enormous opportunities, including lower energy costs and the export potential of liquefied natural gas and crude oil, as well as challenges, including regulatory and policy issues and renewed competition between natural gas and oil. 2021 . He says about 18 exploration wells have been drilled offshore Namibia with no major discovery but which yielded an excellent geological understanding of the country’s offshore margin. Viability has so far remained out of reach. Linktel Shipping Agency CC is an efficient Oil & Gas Base Terminal Operator that serves the needs of the Oil & Gas Industry in Namibia. Kudu Gas Field discovered in 1974 Good quality mature oil source proven by HRT wells in 2014; attracted return of major oil companies Namibia has two major ports to service the oil industry State Take < 50% The Kudu gas field is located about 130 km offshore the southern parts of Namibia. B. The Okavango River borders Namibia . Impact Oil & Gas has completed a farm-in transaction with Silver Wave . The sector relies mainly on expatriate skills. 31 ene. Eco Atlantic is a TSX-V and AIM quoted Oil & Gas exploration and production Company with interests in Guyana and Namibia, where significant oil discoveries have been made. The Gas produced from the Kudu Gas Field will be transported through a 170 km pipeline to a power station that will be built and situated at Uubvlei, approximately 25 km north of Oranjemund in southern part of Namibia. Published on . . significant amounts of oil and gas. is an independent oil and gas exploration and production company with a . Moreover, the firm stated that it has . 2014 . “We are extremely pleased to support TOTAL E&P in this new exploration p. The field is located at a water depth of 170 meters in the Orange sub-basin. 2015 . Licensed . Oil was then extracted from these samples and the results supported an active petroleum system with multiple source intervals. The gas is stored in reservoirs at a depth of 4,400 . As expected, the final draft of the Petroleum Bill provides for the state to have a carried interest of 20% in oil permits. Through a series of events, online content and investment reports, we unite the entire energy value chain – from oil and gas exploration to renewable power – and facilitate global and intra-African investment and collaboration. This assessment was based on data from oil and gas exploration . 5°C as part of the Paris Climate Change Agreement. to begin in December. Since then various operators, including Shell and Tullow Oil, have drilled a further seven appraisal wells before withdrawing from the concession after failing to secure a commercial outlet for the gas. Namibia’s Minister of Energy Tom Alweendo The free webinar will be hosted under the theme, The Future of the Namibian Energy Industry; Hon. is an independent oil and gas exploration and production company with a diversified portfolio of high quality assets in the United States. A special trained Base Terminal Operations Team is running the Base on 24/7. 9 jul. ReconAfrica has said it struck a massive oil field in northern Namibia. EnergyChamber. g. The Namib Biogas project aims to lower Namibia's carbon footprint by building a biogas plant operating on poultry manure. Until recently, Namibia has been one of the most underexplored energy hotspots of Africa. And Recon Africa holds petroleum exploration licenses for the entire basin. Namibia has no proven oil reserves, leading explorers in the region to favour Angola. 3 tcf gas + minor condensate; over-mature oil-prone lacustrine & restricted marine source, Barremian-Aptian age (Mello et al, 2012) Serica Restricted basin, 120 Ma, Aptian volcanigenic oil source? Wingat Oil Discovery 38-42 °API oil, two proven Aptian marine source rocks Aptian South Atlantic Palaeogeography Lacustrine Source 08 July 2021 – Since the first discovery of oil-bearing source rocks about eight years ago, Namibia has become an attractive proposition for oil and gas exploration. The Kudu field, discovered in 1974 by Chevron, is a deep-water field in 600 metres of water. Here is your one stop on-line source for a wide range of Oil Field Services. | Cairn Oil & Gas, a vertical of Vedanta Limited, is the largest . 26 may. The Rio Urucu field in Solimoes is Brazil’s third-largest natural gas field. Oil & Gas / Africa / E&P Namibia considers exploration and acquisitions Namibia continues to expect hydrocarbons to be discovered offshore, but in the meantime is working on energy transition plans. We specialize in Petroleum Exploration & Production. The hydrocarbon reserves discovered to date in Algeria are contained within approximately 200 oil and gas fields: 73 situated in the Once Farhadi and his crew developed the new field planning agent, the next step was getting it to scale to the limits that oil companies will need. Our team of professionals consists of skilled and qualified people with a wealth of experience in the petroleum industry and the knowledge of the local environment. Namibia's never produced a barrel of oil in its history, so ReconAfrica's () work here could put it on the global oil map for the first time, and in a very big way. ReconAfrica is a Canadian oil and gas company engaged in the exploration and . This list of natural gas fields includes major fields of the past and present. The two main areas of concern are the use of water, particularly in areas such as northern Namibia . TORONTO, ON / ACCESSWIRE / June 17, 2021 / Eco (Atlantic) Oil & Gas Ltd. A further two wells drilled during 1987-1988 confirmed the potential of the discovery. Namibia Oil and Gas Map . Published 3 June 2021 14:56 GMT. Recent discoveries of major gas and oil deposits in southern Africa could . the exploration and developments of oil and gas in Namibia. President Biden must act urgently to protect communities and the climate from the risks of oil and gas exports, by putting a halt to the industry’s plans to expand to new overseas markets and lock us into decades of oil and gas extraction. Critics are worried it could be the next climate change hotspot, CNN reports. 3 million acres), and based on commercial success, it entitles ReconAfrica to obtain a 25 year production licence. Reconnaissance discovers petroleum system in Kavango basin, Namibia. reported encouraging results from the Walvis Basin, offshore Namibia. However, that's quickly changing. Namibia's never produced a barrel of oil in its history, . 410 17th Street Suite 250 Denver, CO 80202 360s [email protected] 303-296-8834 E-mail for Advertising Information or call 303-296-8834 x 243 See full list on offshore-technology. Petroleum Bill maintains 20% carried interest for state in all projects despite oil firms' protests. L, TRP LN), the AIM listed oil and gas exploration company, notes the . Associated gas fields operators can reinject gas to maximize oil recovery or transfer the surplus to Angola LNG plant if they do not sell it in domestic or international markets. At the time of writing, ReconAfrica's assets were essentially exploration acreage in Namibia and Botswana and the company held no oil or gas reserves. 33 sq km (6. The major players in petroleum exploration and production industry in Namibia · Alumni Exploration East Namibia · City Petroleum · CSG Energy Namibia (CBM) . If you' re not sure how big 8. . 6 abr. 6 abr. 2021 . The SNE oil field is located in the RSSD Blocks, which cover an area of 7,490m² within the Senegalese portion of the Mauritania-Senegal-Guinea-Bissau-Conakry Basin. The phase one development of the offshore field is expected to produce 100,000 barrels of oil a day (bod). comparisons to other oil producing fields, oil prices . Consumption of natural gas in industry. 2021 . Namibia has recently announced that it has an estimated 11 billion barrels of oil reserves and attendant natural gas fields off its coastline Most of Angola's . ReconAfrica holds a 90% interest in a petroleum exploration licence in northeast Namibia. The only existing commercially sized hydrocarbons discovery, the Kudu gas field, is still undeveloped after being discovered in the 1970s by Chevron. Cengas Windhoek. 2019-04-25 Eveline de Klerk. ReconAfrica is currently undergoing exploration to develop what they estimate could be 60-120 billion barrels of oil and gas in northeast Namibia and northwest Botswana. 2021 . 22 may. "Southern Namibia . 1 Mandate The services offered include: To strengthen the institutional arrangements and capacities, ensuring well-coordinated results oriented to resource, environmental and revenue managements and HSE management in the oil and gas sector; to strengthen the administration of the Petroleum Sector in Namibia by ensuring that petroleum resources are administered in a way that contributes to sustainable . The Kudu gas field, some 170 km off the south coast of Namibia, was discovered in 1974 by Chevron/SOEKOR. ReconAfrica has said it struck a massive oil field in northern Namibia. Oil and Gas Field Services - Salary - Get a free salary comparison based on job title, skills, experience and education. Historically overlooked by independent oil companies (IOCs) and considered something of an oil and gas frontier state, Namibia is establishing itself more prominently on the . The leading global oil, gas and energy news resource. . Global holds a 78% participating interest in Petroleum Exploration Licence (PEL) . Using activated carbon is a proven and effective way of removing contaminants and producing a pure product. Exploring the Kavango Basin. ReconAfrica, a Canadian oil and gas company, has licensed drilling areas in over 34,000sq km of land in parts of northern Namibia and Botswana that overlap with Africa’s Kavango-Zambezi Trans-frontier Conservation Area (KAZA), which includes land in Angola, Botswana, Namibia, Zambia, and Zimbabwe. 2015 . Qatar Petroleum announced on Tuesday that it has entered into an agreement with Shell to become a partner in two exploration blocks offshore . The search for oil and gas in the watershed of the world-famous, wildlife-rich Okavango Delta moved one step closer to reality . We have been selected to work with the Namibian government and local officials to plan and drill three conventional exploratory stratigraphic wells in Namibia. Namibia seems to represent great growth opportunities for many oil companies . OIL RIG Crude oil production in . 2019 . A ReconAfrica oil rig in the midst of the expanse of Namibia's . The state owned oil company Namcor's main business is to ensure the optimum exploitation of Namibia 's petroleum resources and . Walvis Basin, Namibia . Buying into a block in Tanzania or Mozambique has become very expensive. . The Government of the Republic of Namibia invites international oil companies to apply for petroleum exploration licenses in Namibia, under the Open Licensing . Linktel operates its Oil & Gas Base Terminal from within the Port of Walvis Bay. The Cluster Development is an onshore conventional gas field presently in feasibility stage and is expected to start operations by 2024. Namibia, by independent oil companies (IOCs) and considered as an oil and gas frontier state, is establishing itself more prominently on the internati Namibia Overview Chariot entered Namibian exploration as a play opener and, having acquired, processed and interpreted over 10,000km 2 of 3D seismic and drilled three deepwater exploration wells, it has secured one of the largest databases of seismic and well data in the country. The Board of Frontier, the privately held Houston-based international gas exploration company with a focus on Southern Africa, said its activities in Namibia are continuing to exceed . Kudu gas field 1. (AIM: ECO, TSX‐V: EOG), the oil and gas exploration company with licences in the proven oil province of Guyana and the highly prospective basins of Namibia, is pleased … By law in Namibia, oil and gas projects must solicit input from the public, and concerns raised must be addressed in the assessment’s final report in order to get government approval. Unlike neighboring Angola, Namibia doesn't have an oil industry of its own to speak of -- so far. 2020 . In 2013, Namibia had a population of 2. Tom Alweendo, the Namibian Minister of Mines and Energy, does not consider the Kudu gas field offshore the country as an asset. The Kudu Gas discovery (Kudu 9A-1) was drilled during this time by Chevron, Regent and SOEKOR in the Orange . . In April, the company announced it had found a "working petroleum . Reconnaissance . Namibia has Four (4) offshore and Four (4) onshore sedimentary basins Basin. No doubt, oil and gas are essential products all over the world and their supply, delivery and transportation through the supply chain to the end-user comes under the category of essential services. With several notable discoveries in West Africa over the last . V ) ( RECAF ) work here could put it on the global oil map for the first time, and in a very big way. Namibia is the World's Next Major Oil Hot Spot Until recently, Namibia has been one of the most underexplored energy hotspots of Africa. Our founder, James MacLean III, was a wireline engineer and experienced firsthand the pain of not knowing where important field equipment was located. Geoforce is from oil and gas. The Namibian government has said oil and gas exploration will be conducted in an “environmentally sustainable manner”, Maggy Shino, petroleum commissioner at the Namibian Ministry of . Transfer of reconnaissance licences. The field would be crucial in meeting Namibia's growing energy demand, as the country is currently facing a power crisis. Monitor looks for an industry partner. The commissioning of Kudu gas and the additional power capacity of 400 MW (half of the total capacity of 800 MW is determined to benefit Namibia), the looming power shortages could be prevented. 7 ago. Last month, the International Energy Agency said the exploitation and development of new oil and gas fields must stop this year if the world is to stay within safe limits of global heating and . 2019 . Namibia hasn't produced a . 7m barrels per day. The majority of proven natural gas reserves can be attributed to the Kudu gas field estimated to have proven natural gas reserves of 1. Is Namibia Emerging As The Most Exciting Oil Story Of The Year. It covers an area of around 4,500 square kilometers. countries in a range of fields, including storage, pipelines, natural gas and LPG. Namibia has Four (4) offshore and Four (4) onshore sedimentary basins Basin. Licenses allow for oil and gas exploration in Namibia and Botswana. and Gas. 3 TCF of gas (P 50) and was discovered in 1974. Recently, news reports revealed plans by a Canadian oil and gas . Eco (Atlantic) Oil & Gas Ltd. Today, the oil block produces 200 000 barrels of crude oil-and-gas liquids daily, making Alakija’s net worth about USD 1. Namibia has no proven oil reserves, having been largely shunned by regional . 3 tcf. The oil/water contact was not encountered, but was calculated at about 2435 metres, which is deeper than the previously calculated oil/water contact for the Skagerrak formation (16/1-11 A). Infrastructure . “The Amazon is one of the last frontiers in the whole world where you can find giant and super giant oil and gas . In this document, we present a plan for developing the Bí ẩN Phía Nam Field, which is located within Block 21. Namibia has gas reserves off Walvis Bay – Oil and Gas activities include, Exploration, Production, Gas, Oil, Refinery, Onshore and Offshore. We are flipping the script on the B2B Oil & . Reconnaissance Energy Africa Ltd. Oil & Gas 360® c/o EnerCom, Inc. the Future of Oil. Pioneer Oil and Gas Consulting (POGC) is a consulting firm based in Windhoek, Namibia. “The possible impact that oil and gas extraction would have on the water resources in Namibia and Botswana is the biggest concern,” says Esterhuyse, whose research focuses on the impact of oil . At PwC Namibia, we will guide you, the energy company or keen investor, with industry relevant insight and advise pertaining to complying with Namibian . Within the week, ReconAfrica's rig had been trucked 680 miles north to a . oil and gas extraction would have on the water resources in Namibia and . a significant development for Namibia onshore exploration efforts. Home · Exploration & Development · Area Drilling. Results from the first well have now confirmed there is an active petroleum system in the basin. 3 million (Table 1). Tullow Oil is pleased to announce that its subsidiary company, Energy Africa, which operates the Kudu gas field with a 90% interest, has concluded a Joint Development Agreement with NAMCOR, the National Petroleum Corporation of Namibia, its 10% partner in the field, and NamPower, the Namibian power utility company, in relation to the planned development of the Kudu field as part of a gas to . Now, as our anticipation builds over the next drill . The first onshore exploration well, Berseba-1, was drilled by South West Africa Petroleum Corporation in southern Namibia in 1928. Petrovietnam is the state Oil&Gas company of Vietnam. South Africa’s Brulpadda field development & further South African gas exploration. Namibia: Oil Discovery Raises Questions and Fears for Environment DW, 17 May 2021. 06 Jul 21 Cairn Oil and Gas | 185,471 followers on LinkedIn. K. Local media recently reported that Clasox Petroleum, a Namibian registered company, has applied for 10 hectares of land just outside Walvis . Reconnaissance Energy Africa (ReconAfrica), a Canadian oil and gas company, has announced the start of drilling operations on the first well (6-2) in the deep Kavango Basin in the Kalahari Desert of North East Namibia. across Mozambique and South Africa, along with 11 billion barrels of oil in Namibia. All of the major onshore oil and gas fields in sub-Saharan Africa are contained in rift basins. 2019 . A spate of farm-in agreements over the last six months suggests that this is changing. 2020 . deepwater oil and gas play, which extends from northern Namibia,&nb. But locals said they were not properly . and in Windhoek, which is not the norm for oil and gas or mining compan. org), NJ Ayuk; The discussion will be moderated by Africa Oil & Power Field Editor, Thomas Hedley and Lawyer and Energy Specialist, A new decade rich in promise for African oil & gas is dawning. According to Opec, Angola has proven reserves of some 9. Oil & Gas Jobs Jobs By Category A daring junior oil and gas explorer has set out to put the African country of Namibia—which has never produced a single barrel of oil - on the world’s energy map in a wildcat drill campaign . 2011 . Accurate, reliable salary and compensation comparisons for Namibia In 2011, Namibia was estimated to have proven natural gas reserves of 2. An appraisal well of the significant Jubilee Field discovery was drilled on the Deepwater Tano block in 2007, confirming the field as a major discovery and the Tano Basin a new petroleum system. 2019 . ”. 2020 . ReconAfrica has said it struck a massive oil field in northern Namibia. N. 2021 . proven oil reserves are held onshore and there has been limited offshore exploration. The finding could put Namibia on par with neighbouring Angola, whose reserves are estimated at around 13 billion barrels and whose production rivals Africa’s top producer, Nigeria. Oil & Gas Laws and Regulations covering issues in Namibia of Overview of Natural Gas . reserves on its soil and has to import all petroleum demand in refined . Eco Atlantic Oil & Gas, an oil and gas exploration company with licences in highly prospective regions in Guyana and Namibia, has . Covering the latest oil and gas news including shale, lng, drilling, exploration and production. “Brulpadda was one of Total’s biggest exploration targets for 2019,” said Dr Andrew Latham . Namibia's Minister in charge of mining, Tom Alweendo, interestingly claimed that there was nothing to worry about oil and gas extraction in the Okavango Basin even though the area is a treasure to the people of Namibia and the world. 5 million acres), 70% of which is in Namibia, the rest in Botswana. BP Namibia's network includes 50 service stations-nine with Express . 3 may. The Algerian territory has been divided into Zones A, B, C and D with specified tax rates applicable in each registered Zone. The company intends to reach a total. . Dun & Bradstreet gathers Oil & Gas Field Services business information from trusted sources to help you understand company performance, growth potential, and competitive pressures. Drilling of two test wells in Namibia is set. Gulfoilandgas "Oil & Gas Companies" connects you to Oil & Gas Companies providers. 23 jul. Energy companies are hoping to get the National Assembly, which will examine the bill over the next few weeks, to modify . Petroleum (Exploration and Production) Act 2 of 1991. 22 jun. the Namibian National Bio-Oil Energy Roadmap. RECONAFRICA, a Canadian company exploring for oil and gas upstream of one of Africa's most lush and wildlife-rich habitats, may have . International oil companies are keen to secure a stake in the southern African country’s oil boom, should one materialise. The first prospect wells were drilled in the early 1960s and following a number of dry wells, the Kudu gas fields were discovered in 1974, . Unconventional oil and gas exploration and extraction will bring roads, heavy trucks, ribbon development and pollution. 20 may. 7 abr. At Vale Media Group we focus on results. History. Namibia is the World's Next Major Oil Hot Spot. . One of ReconAfrica's first . The time is now to ban oil and gas exports, which would slow oil and gas extraction in the Permian Basin, spare frontline communities throughout Texas and . . Midstream projects account for around 23% of all oil and gas projects in Nigeria by 2025.