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Tag: NAMCOR

Companies

Woodside Energy Declines Farm-In Opportunity for PEL 87 Offshore Namibia

March 19, 2025March 19, 2025 - by Carmen Mendez - Leave a Comment

Woodside Energy has declined to farm into petroleum exploration license 87 offshore Namibia, allowing Pancontinental Orange Pty Ltd. to continue as operator with existing partners. The consortium seeks a new …

Woodside Energy Declines Farm-In Opportunity for PEL 87 Offshore Namibia Read More
Business / Companies

Understanding Namibia’s Oil Resources: Challenges and Strategic Management

March 11, 2025March 11, 2025 - by Carmen Mendez - Leave a Comment

Namibia’s oil exploration is a high-risk investment, with potential geological and financial challenges highlighted by Shell and Chevron’s recent struggles. The government plays a crucial role, asserting ownership of resources …

Understanding Namibia’s Oil Resources: Challenges and Strategic Management Read More
Companies

Tower Resources Expands Stake in Namibia and Prepares for Drilling in Cameroon

March 9, 2025March 9, 2025 - by Sofia Nawab - Leave a Comment

Tower Resources PLC is increasing its stake in Namibia’s PEL96 offshore licence to 60% by acquiring an additional 5%. The company is also preparing to drill the NJOM-3 well in …

Tower Resources Expands Stake in Namibia and Prepares for Drilling in Cameroon Read More
Companies

Tower Resources Expands Stake in Namibia and Prepares for Drilling in Cameroon

March 9, 2025March 9, 2025 - by Liam Nguyen - Leave a Comment

Tower Resources PLC is acquiring a 5% stake in the Namibian PEL96 licence to boost its holding to 60%. In Cameroon, the company seeks a one-year extension for its Thali …

Tower Resources Expands Stake in Namibia and Prepares for Drilling in Cameroon Read More
Companies

Tower Resources Expands Namibia Stake and Prepares for Cameroon Drilling

March 7, 2025March 7, 2025 - by Allegra Nguyen - Leave a Comment

Tower Resources PLC has agreed to increase its stake in the PEL96 offshore licence in Namibia to 60% by acquiring an additional 5% from ZM Fourteen Investment. The company is …

Tower Resources Expands Namibia Stake and Prepares for Cameroon Drilling Read More
Companies

Tower Resources Expands Its Stake in Namibia and Advances Cameron Drilling Preparation

March 7, 2025March 7, 2025 - by Allegra Nguyen - Leave a Comment

Tower Resources PLC is increasing its stake in the PEL96 offshore license in Namibia to 60% and preparing to drill the NJOM-3 well in Cameroon. The company plans to acquire …

Tower Resources Expands Its Stake in Namibia and Advances Cameron Drilling Preparation Read More
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