Oil on the horizon

Galp’s Mopane strikes oil again
Sighting oil rigs off the Namibian coastline has become commonplace as exploration intensifies.
STAFF REPORTER
  • 5 Month Ago - 2024-04-23 00:00:00
A second expedition in Galp Energia’s Mopane petroleum exploration licence (PEL 83) in the Orange Basin offshore Namibia was completed by mid-March, with a "significant column of
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Namibian Sun 2024-10-14

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Katima Mulilo: 19° | 38° Rundu: 17° | 38° Eenhana: 18° | 38° Oshakati: 18° | 36° Ruacana: 19° | 37° Tsumeb: 21° | 34° Otjiwarongo: 18° | 33° Omaruru: 19° | 35° Windhoek: 19° | 32° Gobabis: 18° | 34° Henties Bay: 13° | 18° Wind speed: 21km/h, Wind direction: SW, Low tide: 06:51, High tide: 13:16, Low Tide: 19:24, High tide: 01:44 Swakopmund: 13° | 14° Wind speed: 23km/h, Wind direction: SW, Low tide: 06:49, High tide: 13:14, Low Tide: 19:22, High tide: 01:42 Walvis Bay: 13° | 18° Wind speed: 30km/h, Wind direction: SW, Low tide: 06:49, High tide: 13:13, Low Tide: 19:22, High tide: 01:41 Rehoboth: 19° | 34° Mariental: 20° | 36° Keetmanshoop: 19° | 36° Aranos: 19° | 36° Lüderitz: 11° | 20° Ariamsvlei: 18° | 35° Oranjemund: 11° | 27° Luanda: 24° | 25° Gaborone: 18° | 32° Lubumbashi: 18° | 30° Mbabane: 10° | 15° Maseru: 13° | 28° Antananarivo: 12° | 30° Lilongwe: 22° | 35° Maputo: 17° | 24° Windhoek: 19° | 32° Cape Town: 12° | 24° Durban: 15° | 19° Johannesburg: 13° | 27° Dar es Salaam: 25° | 30° Lusaka: 18° | 31° Harare: 17° | 21° Currency: GBP to NAD 22.77 | EUR to NAD 19.08 | CNY to NAD 2.46 | USD to NAD 17.45 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.27 | EGP to NAD 0.35 | KES to NAD 0.13 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.1 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 132.73 | USD to AOA 909.1 | USD to BWP 13.26 | USD to EGP 48.6 | USD to KES 128.5 | USD to NGN 1625.33 | USD to ZAR 17.46 | USD to ZMW 26.4 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1854.97 Up +1.41% | Casablanca Stock Exchange (CSE) MASI 14101.61 Down -0.01% | Egyptian Exchange (EGX) 30 Index 29954.12 Down -2.63% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 660.59/OZ UP +0.47% | Copper US$ 4.44/lb UP +0.27% | Zinc US$ 3 108.50/T DOWN -1.81% | Brent Crude Oil US$ 77.81/BBP DOWN -0.0027 | Platinum US$ 982.96/OZ UP +0.97% Sport results: Weather: Katima Mulilo: 19° | 38° Rundu: 17° | 38° Eenhana: 18° | 38° Oshakati: 18° | 36° Ruacana: 19° | 37° Tsumeb: 21° | 34° Otjiwarongo: 18° | 33° Omaruru: 19° | 35° Windhoek: 19° | 32° Gobabis: 18° | 34° Henties Bay: 13° | 18° Wind speed: 21km/h, Wind direction: SW, Low tide: 06:51, High tide: 13:16, Low Tide: 19:24, High tide: 01:44 Swakopmund: 13° | 14° Wind speed: 23km/h, Wind direction: SW, Low tide: 06:49, High tide: 13:14, Low Tide: 19:22, High tide: 01:42 Walvis Bay: 13° | 18° Wind speed: 30km/h, Wind direction: SW, Low tide: 06:49, High tide: 13:13, Low Tide: 19:22, High tide: 01:41 Rehoboth: 19° | 34° Mariental: 20° | 36° Keetmanshoop: 19° | 36° Aranos: 19° | 36° Lüderitz: 11° | 20° Ariamsvlei: 18° | 35° Oranjemund: 11° | 27° Luanda: 24° | 25° Gaborone: 18° | 32° Lubumbashi: 18° | 30° Mbabane: 10° | 15° Maseru: 13° | 28° Antananarivo: 12° | 30° Lilongwe: 22° | 35° Maputo: 17° | 24° Windhoek: 19° | 32° Cape Town: 12° | 24° Durban: 15° | 19° Johannesburg: 13° | 27° Dar es Salaam: 25° | 30° Lusaka: 18° | 31° Harare: 17° | 21° Economic Indicators: Currency: GBP to NAD 22.77 | EUR to NAD 19.08 | CNY to NAD 2.46 | USD to NAD 17.45 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.27 | EGP to NAD 0.35 | KES to NAD 0.13 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.1 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 132.73 | USD to AOA 909.1 | USD to BWP 13.26 | USD to EGP 48.6 | USD to KES 128.5 | USD to NGN 1625.33 | USD to ZAR 17.46 | USD to ZMW 26.4 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1854.97 Up +1.41% | Casablanca Stock Exchange (CSE) MASI 14101.61 Down -0.01% | Egyptian Exchange (EGX) 30 Index 29954.12 Down -2.63% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 660.59/OZ UP +0.47% | Copper US$ 4.44/lb UP +0.27% | Zinc US$ 3 108.50/T DOWN -1.81% | Brent Crude Oil US$ 77.81/BBP DOWN -0.0027 | Platinum US$ 982.96/OZ UP +0.97%


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