The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Geingob confirms Namibia's recent oil discovery

Contributed by NAMPA.

SWAKOPMUND, 16 MAR (NAMPA) - President Hage Geingob has confirmed the recent discovery of light oil made within the Orange Basin offshore south of Namibia.
President Hage Geingob in his State of the Nation Address on Thursday revealed that, as suggested by recent reports, Shell Namibia Upstream BV, in joint venture with Qatar Energy, have further drilled a second well, which is termed an appraisal well, to establish the quality and the extent of the reservoir.
“We also confirm that a further d ...