Country Report
Namibia upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
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) confirming the high exploration potential of the Cretaceous deepwater turbidite play. The well test on Mopane-1X confirmed exceptional ...
Table of contents
- Executive summary
- Key facts
- Location maps
-
Key companies
- Majors and international NOCs
- Large and Mid-caps
- Smaller E&Ps and independents
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Geology
- Introduction
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Southwest African Coastal basin
- Orange, Luderitz and Walvis sub-basins
- Orange sub-basin discoveries
- Kwanza basin
- Namibe basin
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Angola Interior and Kavango basins
- Etosha basin and Nama basin Complex
- Kalahari basin
- Petroleum Play
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Exploration
- Licensing
- Recent licensing activities
- Historical licensing activities
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Drilling
- Drilling activity
- Success rates
- Reserves and resources
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Production
- Oil/liquids
- Gas
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Infrastructure
- Introduction
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Costs
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Capital costs
- Capital expenditure by location
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Operating costs
- Operating expenditure by location
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Capital costs
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Policy and regulation
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Key legislation
- The Model Petroleum Agreement, 2007
- Regulatory body
- State oil company
- State participation
- Licensing
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Key legislation
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Fiscal terms
- Current fiscal terms
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Concessions
- State equity participation
- Bonuses, Rentals and Fees
- Indirect Taxes
- Contractor revenue entitlement
- Product pricing
- Royalty
- Corporate (or Petroleum) Income Tax
- Additional Profits Tax (APT)
- 4 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Location maps: Image 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Net Acreage 2025
- Reserves and contingent resources at 01/01/2025
- Offshore and Onshore basins Map
- Namibia licence map
- Blocks Awarded
- Production: Table 1
- Production: Table 2
- Liquid Production
- 6 more item(s)...
What's included
This report contains:
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