Defining the African Energy Narrative.
The three-month fuel supply deal is expected to save Namibia about US $13.6 million as the government shifts to competitive procurement after ending Vitol’s exclusive arrangement.
While Afentra pivots away from the asset sale, major international oil companies are expanding their presence in Angola’s offshore sector.
International oil majors continue to double down on exploration activities in Namibia but commercial production timelines remain uncertain and regulatory risks abound. Petrobras is the latest entrant in Namibia, joining a growing list of international oil majors seeking to benefit from Namibia’s oil potential. The Brazilian state-owned company, through a partnership with TotalEnergies, will acquire […]
