international oil extract machine production line in namibia

   
international oil extract machine production line in namibia
                                               
                                               
                                               
                                               
  • international oil extract machine production line in namibia
Will Namibia become a leading oil-producing country?

With a 10% interest in multiple international companies operating in the country, NAMCOR is ready to help Namibia become one of the leading petroleum-producing countries on the continent. Maggy Shino, Petroleum Commissioner for Namibia says that Namibia¡¯s growing oil and gas sector is likely to transform the country¡¯s economy.

Which companies have confirmed oil discoveries off the coast of Namibia?

Galp Energia, leading a consortium with Namcor and Custos, has also confirmed oil discoveries off the coast of Namibia. Oil supermajor, Shell has successfully completed its latest deepwater drilling effort offshore Namibia, confirming the presence of hydrocarbons.

Is Namibia a good oil market?

Namibia has quickly become a highly attractive Exploration & Production market following oil discoveries made in 2022 and 2023 by oil majors TotalEnergies (Venus) and Shell (Graff and Jonker-1X) off the coast of Namibia. Galp Energia, leading a consortium with Namcor and Custos, has also confirmed oil discoveries off the coast of Namibia.

Is Namibia on the verge of a historic oil boom?

Recent discoveries in the offshore Orange Basin suggest that Namibia is on the verge of a historic oil boom. The Government of Namibia is encouraging continued exploration, which could lead to the development of oil and gas fields, transportation, and storage of petroleum products, and eventually refinery construction and associated infrastructure.