Namibia : Stamper Oil & Gas acquires BISP Exploration, boosting offshore sector

On September 11, 2025, Stamper Oil & Gas completed the acquisition of BISP Exploration, gaining control of five offshore blocks in the Orange, Walvis, and Lüderitz basins. Supported by the African Energy Chamber, the deal signals rising investor confidence in Namibia’s oil potential. It is expected to generate local jobs, skills transfer, supply chain development, and increased government revenues, positioning Namibia as an emerging African energy frontier.