Country Report

Namibia upstream summary

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Namibia emerged as a global exploration hot spot in 2022 after years of unsuccessful drilling. A major new hydrocarbon province was proven in the Orange sub-basin, with two potentially multi-billion barrel ultra-deepwater oil and gas discoveries by Shell at Graff and TotalEnergies at Venus. In 2024, Galp Energia discovered Mopane in block 2813A (PEL 83) and in 2025 Rhino Resources discovered the Capricornus field. The well results confirm the high exploration potential of the Cretaceous ...

Table of contents

  • Majors and international NOCs
  • Large and Mid-caps
  • Smaller E&Ps and independents
  • Introduction
    • Orange, Luderitz and Walvis sub-basins
    • Orange sub-basin discoveries
  • Kwanza Basin
  • Namibe Basin
  • Angola Interior and Kavango Basins
  • Kalahari Basin
  • Petroleum plays
  • Licensing
  • Historical licensing activities
  • 13 more item(s)...

Tables and charts

This report includes the following images and tables:

    Net Acreage 2026Remaining Reserves and Contingent Resources at 01/01/2026Offshore and onshore basins map
    Namibia licence mapBlocks awardedLiquid productionDrilling activity by well typeKey Fields Capital Expenditure (US$ Million) 2026-2035Operating Expenditure by Region (US$ Million) 2031-2038

What's included

This report contains:

  • Document

    Namibia upstream summary

    XLS 216.50 KB

  • Document

    Namibia upstream summary

    PDF 3.73 MB