Search results for: Namibia

539 results

A list of search results

  • 16 June 2017
    Business & Finance

    The world’s largest and most advanced diamond exploration and sampling vessel, the mv SS Nujoma, is set to start exploring for diamond deposits in Namibian waters, following its official inauguration. The $157-million vessel will enable Debmarine Namibia, a 50/50 joint venture between the Government of the Republic of Namibia and De Beers Group, to explore diamond […]

  • 25 October 2013
    Business & Finance

    Elgin Brown & Hamer (EBH) Namibia today celebrates a watershed event in the company’s history with the inauguration of its third Panamax floating dock. The 195 metre floating dock, which represents the largest infrastructural investment that EBH Namibia has made to date, will increase the company’s dry docking capacity by 15 000 tons. This also […]

  • 28 November 2016
    Operations & Maintenance

    Debmarine Namibia’s new diamond exploration and sampling vessel, the mv SS Nujoma, has left the Port of Cape Town to start two week sea trials. The NAD 2.3 billion (USD 139 million) ship arrived in Cape Town from the Kleven Verft AS shipyard in Ulsteinvik in Norway in August and has been fitted out with the sampling […]

  • 12 May 2015

    AziNam Ltd., the offshore Namibia focused exploration company, has received government approval for it to assume operatorship of Petroleum Exploration Licence (PEL) 34, offshore Namibia. Azinam also informed that it has opened its office in Windhoek, the capital of Namibia. Government approval of operator status In recent months AziNam has increased its working interest position […]

  • 26 April 2012
    Business & Finance

    Eco (Atlantic) Oil & Gas Ltd. has entered into five separate Joint Operating Agreements (JOA’s) with NAMCOR, the National Petroleum Corporation of Namibia, with respect to its five license blocks onshore and offshore Namibia. Through the Company’s wholly-owned subsidiary, Eco Oil and Gas (Namibia) (Pty) Limited, the Company has entered into the Agreements with NAMCOR […]

  • 29 November 2013
    Business & Finance

    On November 8, CHEC held the signing ceremony of Walvis Bay container terminal EPC contract in Windhoek, capital of Namibia. Li Yi, general manager of CHEC Angola Management Center and Bisey Uirab, CEO of the Namibian Port Authority signed the contract on behalf of respective sides. With a contract value of 300 million US dollars […]

  • 21 November 2012

    Petroleum Geo-Services (PGS) has signed an agreement with the National Petroleum Corporation of Namibia Limited (NAMCOR),  for the acquisition of both 2D and 3D MultiClient seismic offshore Namibia. Under the 10 year agreement, PGS will begin its operations with the acquisition of a large 2D regional survey during Q1 2013 over the open deep-water blocks. […]

  • 11 November 2013

    The African Development Bank Group (AfDB) and Namibia on Friday, November 8, 2013 signed a ZAR 2.9 billion (US $338 million) sovereign guaranteed loan to Nambia Ports Authority (Namport) to finance the construction of a container terminal at Walvis Bay New Port. In line with its Ten Year Strategy and focus on infrastructure development and […]

  • 29 May 2015
    Operations & Maintenance, Project & Tenders

    Polarcus and the National Petroleum Corporation of Namibia (NAMCOR) have signed a Memorandum of Understanding (MoU) that aims to assist with the exploration and development of Namibia’s offshore petroleum resources. Under the terms of the MOU, Polarcus will provide 3D/4D marine seismic acquisition and processing services together with its geoscience expertise to help promote industry […]

  • 29 May 2015
    Business & Finance

    Polarcus Limited and the National Petroleum Corporation of Namibia (NAMCOR) have signed a Memorandum of Understanding (MOU) that aims to assist with the responsible exploration and development of Namibia’s offshore petroleum resources. According to the press release, this will be done through a collaboration comprising various geoscience initiatives and the provision of specialist business support […]

  • 25 March 2015
    Operations & Maintenance

    ION Geophysical Corporation announced completion of the seismic acquisition of the company’s NamibiaSPAN™ program, which extends the full length of Namibia’s offshore continental margin. Acquisition was conducted in cooperation with BGP (China National Petroleum Corporation). With an estimated 100 billion barrels of oil remaining to be discovered and produced in Africa’s offshore waters, NamibiaSPAN plays […]

  • 11 November 2013
    Business & Finance

    The African Development Bank Group (AfDB) and Namibia on Friday, November 8, 2013 signed a ZAR 2.9 billion (US $338 million) sovereign guaranteed loan to Nambia Ports Authority (Namport) to finance the construction of a container terminal at Walvis Bay New Port. In line with its Ten Year Strategy and focus on infrastructure development and […]

  • 21 November 2012
    Business & Finance, Operations & Maintenance

    Petroleum Geo-Services (PGS) has signed an agreement with the National Petroleum Corporation of Namibia Limited (NAMCOR), with the full support of the Ministry of Mines and Energy, for the acquisition of both 2D and 3D MultiClient seismic offshore Namibia. Under the 10 year agreement, PGS will begin its operations with the acquisition of a large […]

  • 7 February 2017
    Business & Finance

    FPSO specialist BW Offshore has entered into a farm-out agreement with the National Petroleum Corporation of Namibia (NAMCOR) for a 56 percent stake in the Kudu license, offshore Namibia. BW said on Tuesday that the state-owned NAMCOR would hold the remaining 44 percent of the license. As a result of the transaction, BW Kudu, a wholly […]

  • 25 April 2019

    ExxonMobil plans to begin exploration activities in 2019, including the acquisition of seismic data and analysis.

  • 6 January 2016

    Debmarine Namibia’s diamond sampling and exploration vessel will be launched from the slipway at Kleven Verft in Ulsteinvik on Saturday January 09, 2016. Specialised for deep water mineral exploration, the vessel, of MT 6022 design, is scheduled to be delivered from the yard in June 2016. Upon delivery from Kleven the vessel will sail to South […]

  • 3 October 2019

    Africa-focused Tower Resources has engaged in talks with a “major international oil company” with regards to its blocks offshore Namibia.

  • 4 July 2017

    India’s ONGC Videsh is set to buy a share in an exploration licence offshore Namibia. The company on Tuesday said it had reached a binding agreement with Tullow Oil to buy 30 percent interest in Namibia Petroleum Exploration License 0037 for Blocks 2112A, 2012B and 2113B out of Tullow’s existing participating interest of 65% in […]

  • 22 August 2018
    Equipment, Project & Tenders

    Wärtsilä and De Beers Marine have signed an agreement for the replacement of generating sets aboard De Beers’ diamond mining ship Debmar Pacific. The vessel, originally built in the 1970s, will be outfitted with new Wärtsilä gensets to extend their lifetime and improve reliability, the company said. Debmar Pacific is engaged in diamond mining operations […]

  • 25 March 2015
    Project & Tenders

    ION Geophysical Corporation today announced completion of the seismic acquisition stage of the company’s NamibiaSPAN™ program, which extends the full length of Namibia’s offshore continental margin. Acquisition was conducted in cooperation with BGP (China National Petroleum Corporation). With an estimated 100 billion barrels of oil remaining to be discovered and produced in Africa’s offshore waters, […]

  • 20 September 2018

    Oil firm Eco Atlantic has acquired the remaining 10% of the shares of Pan Africa Oil Namibia Ltd (“PAO Namibia”) from Amis Oil and Gas Ltd (“Amis”). Following completion of the acquisition, PAO Namibia will be a wholly owned subsidiary of Eco Atlantic

  • 14 August 2018

    Namibia-focused offshore explorer Azinam has farmed out a 30 percent share in its Petroleum exploration license (“PEL”) 44, offshore Namibia.