Chevron grows Namibian interest with farm-in on PEL 82

Last week, US oil major Chevron, completed a farm-in agreement with Custos Energy for PEL 82 in the Walvis Basin offshore Namibia. Under this transaction, Chevron acquired an 80% participating interest and operatorship, while Custos and the National Petroleum Company of Namibia each retained a 10% interest. The transaction marks a significant step in the […]

Chevron takes 80% stake in Namibian offshore exploration license

economist.com.na - 10/Feb 09:18

Custos Energy announced last week the completion of Chevron Namibia Exploration II Limited’s farm-in to Petroleum Exploration License (PEL) 82....

Namibia: Custos Energy announces the completion of the previously announced farm-in by Chevron into PEL 82

energy pedia.com - 09/Feb 21:26

Custos Energy has announced the completion of the previously announced farm-in by Chevron into PEL 82. The transaction provides for an 80%...

Chevron expands footprint in Namibia with PEL 82 acquisition

observer24.com.na - 10/Feb 18:48

Custos Energy has announced the completion of Chevron Namibia Exploration II Limited's farm-in into Petroleum Exploration License 82 (PEL 82), marking...

NAMCOR strikes more hydrocarbons offshore

observer24.com.na - 18/Feb 17:00

The National Petroleum Corporation of Namibia (NAMCOR) announced the presence of hydrocarbons in the Sagittarius-1X exploration well, drilled offshore...

Franklin Templeton launches Solana Trust in Delaware: A strategic step towards an ETF on Solana

cryptonomist.ch - 12/Feb 09:49

The institutional interest in Solana grows with Franklin Templeton

Australia: TGS and deepC Store partner on carbon storage assessment in Australia’s Browse Basin

energy pedia.com - 13/Feb 07:44

TGS has entered into an agreement with deepC Store to carry out subsurface well location planning, storage resource verification and evaluation for...

NAMCOR announces successful drilling of Sagittarius-1X exploration well

economist.com.na - 18/Feb 12:48

The National Petroleum Corporation of Namibia (NAMCOR), representing the PEL 85 joint venture partners, has announced the successful completion of...

Walvis Bay mayor praises late Namibian founding president for excellent leadership

namibian.com.na - 09/Feb 13:49

Walvis Bay mayor Trevino Forbes sent a message of condolence to the family of the late Namibian founding president, Sam Nujoma, on behalf of Walvis...

Walvis Bay group raises funds, set to pay off N$2m debt

namibian.com.na - 19/Feb 17:00

Members of the Walvis Bay Backyard Tenants group have managed to pay off most of their N$2.3 million debt to the Walvis Bay municipality after being...

Namibian Stock Exchange rebrands to Namibia Securities Exchange

economist.com.na - 19/Feb 09:16

The Namibian Stock Exchange has announced its rebranding to the Namibia Securities Exchange (NSX), effective as of November 2024. This change reflects...

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