Namibia, a burgeoning gem in Southern Africa, has rapidly emerged as a key focus for E&P players following its basin-opening discoveries. The discoveries made by Galp Energia (now TotalEnergies operated) and TotalEnergies – Mopane and Venus – have elevated the country to a leading position on the global exploration stage. Subsequent exploration activities in the Orange Basin have yielded further promising results, including Capricornus-1X, and Mangetti-1X. These assets have sparked a new wave of industry interest, with international energy companies such as Shell, TotalEnergies, QatarEnergy, ExxonMobil, Galp Energia, and others increasing their exploration efforts. Thanks to the high success rate on Namibia’s side of the prolific Orange Basin, global operators are now paying even greater attention. This surge in activity will require significant investment to bring these ambitions to fruition.
Onshore E&P activity in Namibia is also gaining momentum. Alongside its hydrocarbon developments, Namibia is positioning itself at the forefront of the green energy sector. The country is emerging as a leader in green hydrogen, capitalising on its exceptional solar and wind potential. Companies seeking to expand their presence and tap into emerging markets should consider the strong opportunities Namibia has to offer.