"The African Energy Chamber (AEC) is set to host a webinar focused on Namibia’s oil and gas exploration boom. Organised in collaboration with global energy research consultancy Wood Mackenzie and Namibia’s Ministry of Mines & Energy, the 'Exploration Hotspot: Focus on Namibia' webinar will discuss the latest discoveries and evolving upstream landscape in the country."
"The webinar will take place on March 20, with speakers including Maggy Shino, Petroleum Commissioner at Namibia’s Ministry of Mines and Energy, and Ian Thom, Research Director for Sub-Saharan Africa Upstream at Wood Mackenzie. The discussions of Namibia’s deepwater discoveries and upcoming developments will be moderated by AEC’s Senior Vice President Verner Ayukegba. According to the AEC, the agenda includes a welcome address by Ayukegba, followed by a presentation on Namibia’s upstream landscape by Thom. Commissioner Shino will then share insights from the Namibian government’s perspective for the sector’s advancement before concluding with a Q&A session."
"In 2025, exploration is expected to remain strong, with key wells currently being drilled, including Marula-1X by TotalEnergies and Capricornus-1X by Namibia-focused independent Rhino Resources. Additional prospects, such as Kharas by Bermuda-headquartered growth E&P company BW Energy, Olympe by TotalEnergies, and Saturn by Australia-based explorer Pancontinental Energy, highlight continued investment in Namibia’s upstream sector."
PCL Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)