Country report
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17 Pages

Namibia upstream summary

Namibia upstream summary

Report summary

Namibia's upstream industry is in its early stages. Only 28 exploration and appraisal wells have been drilled to date and only one sub-commercial discovery has been made. The Kudu gas field was found by Chevron in 1974. No operator has been able to develop the field, largely because they have been unable to identify a suitable market. In late 2016, the Namibian government decided to put the project on hold once more until economic conditions become more favourable.At the start of the ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 580.11 KB 17 Pages, 2 Tables, 8 Figures
  • Country Overview XLS - 92.50 KB


Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
  • Geology
    • Introduction
    • Southwest African Coastal Basin
      • Orange, Luderitz and Walvis sub-basins
    • Kwanza Basin
    • Kwanza Basin
      • Namibe Sub-basin
    • Angola Interior and Okavango Basins
      • Etosha Basin and Nama Basin Complex
    • Kalahari Basin
    • Petroleum Play
  • Exploration
    • Licensing
    • Recent Licensing Activities
    • Drilling
      • Drilling activity
      • Future drilling
  • Reserves and resources
  • Production
    • Oil/liquids
    • Gas
  • Infrastructure
    • Introduction
  • Policy and regulation
    • Key legislation
      • The Model Petroleum Agreement, 2007
    • Regulatory body
    • State oil company
    • State participation
    • Licensing
  • Fiscal terms
    • Overview
    • Current fiscal terms
    • Concessions
      • State Equity Participation
      • Bonuses, Rentals and Fees
      • Indirect Taxes
      • Contractor Revenue Entitlement
      • Product Pricing
      • Royalty and Other Production Taxes
      • Corporate (or Petroleum) Income Tax
      • Additional Profits Tax (APT)
      • Decommissioning Fund
      • Dividend Withholding Tax
      • Other Taxes
      • Fiscal/Contractual Ring-Fences
    • GEM models

In this report there are 10 tables or charts, including:

  • Executive summary
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Location maps: Image 1
  • Key companies
    • Net Acreage 2017
  • Geology
    • Offshore and Onshore Basins Map
    • East Graben Province Stratigraphic Column
  • Exploration
    • Active Blocks by Region
    • Blocks Awarded
    • Current Licences in Namibia
    • Drilling Activity by Well Type
  • Reserves and resources
  • Production
  • Infrastructure
  • Policy and regulation
  • Fiscal terms
    • Fiscal terms: Table 1
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