By: Nghiinomenwa-vali Hangala
Final investment decisions are expected on two oil exploration wells this year, namely the Mopane and Venus Blocks, which could reshape Namibia’s economic structure and trajectory.
According to the Namibia Oil and Gas Bi-Annual Industry Report by Ardhi Namibia Energy Consultancy (July-December 2025), a number of wells have been drilled in the Namibian ocean and tested for signs of oil and gas. Released earlier this month, the report documented about 10 blocks in Namibian waters and one in the Kavango area.
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