cocoa bean sesame oil refinery plant in namibia

   
cocoa bean sesame oil refinery plant in namibia
                                               
                                               
                                               
                                               
  • cocoa bean sesame oil refinery plant in namibia
Is Namibia ready for the offshore hydrocarbon market?

We have only scratched the surface of the hydrocarbon basin in Namibia. The offshore market is ready ¨C and not just the Orange basin. In terms of deep-water potential, the L¨¹deritz, Walvis and Namib Basins are highly prospective and share many characteristics of the Orange basin yet remain highly underexplored.

What is the plan for the Namibian government & international oil companies?

The plan for the Namibian government, the International Oil Companies and our partners is to accelerate development of these discoveries and to see first oil in Namibia. We have commenced appraisal work on the Graff-1 and Venus-1 discoveries and the initial results have been very encouraging.

Does Namibia have hydrocarbons?

Namibia has been on a roll since 2022, in that nearly every hole that has been drilled in the subsurface has yielded a positive indication of hydrocarbons.

Is there oil in Owambo & Nama?

Onshore, the Owambo and Nama basins are also underexplored, while exploratory drilling in the Kavango sub-basin has indicated the presence of an active petroleum system that could hold up to 30 billion barrels of oil.