Namibia: Galp Spuds Mopane Appraisal Well
The Mopane structure is estimated to hold at least 10 billion barrels of oil and gas equivalent.
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The Mopane structure is estimated to hold at least 10 billion barrels of oil and gas equivalent.
The terminal will facilitate the export of green hydrogen to international markets.
Andrada Mining will use the results of the drilling program to guide its second-phase exploration campaign at the Brandberg West project.
The company sold nearly nine million shares in the first tranche of a private placement to fund the Haib Copper Project in Namibia and the Luanshya West Project in Zambia.
Brazil’s Petrobras is exploring a 40% stake in Namibia’s Mopane oil and gas block, with opportunities for partnerships and acquisitions in Africa’s frontier acreage set to be showcased at the Invest in African Energy Forum in Paris next May.
Petrobras previously submitted a non-binding offer to acquire Galp’s 40% stake in the Mopane oil and gas exploration block.
Madison Metals and Star Minerals have signed an agreement for the development of the Cobra Uranium Project in Namibia
The pilot falls under efforts by TransNamib to support Namibia’s Green Hydrogen Strategy.
Global chemicals producer Sociedad Química y Minera de Chile will provide Andrada Mining with phased funding for Namibia’s Lithium Ridge Project, supporting exploration drilling in exchange for a stake of up to 50%.
NamPower has signed a $78-million EPC contract with two Chinese firms, as well as secured a $73-million loan from the German Development Cooperation.