Month: April 2024

Home 2024 April
Namcor signs   farm-out agreement with Chevron 
Post

Namcor signs  farm-out agreement with Chevron 

The National Petroleum Corporation of Namibia (Namcor) has announced a significant advancement in Namibia’s energy sector through a signed farm-out agreement with Chevron Namibia Exploration Limited (CNEL), a subsidiary of Chevron Global Energy Inc. 

Rental price growth reaches 6-year high
Post

Rental price growth reaches 6-year high

The upward trend in the FNB Rent Price Index continued for three consecutive quarters after moving out of a contractionary period from March 2023, reaching a 12-month average of 7.2% in Q4-2023 from 4.7% in Q3-2023 and -2.1% in Q4-2022.