sierra oil extractor in Namibia

Are the oil fields of Namibia wet enough? The Extractor

  • sierra oil extractor in Namibia
  • sierra oil extractor in Namibia
  • sierra oil extractor in Namibia
  • sierra oil extractor in Namibia

Namibia: Interest grows in Africa’s oil-and-gas hot-spot

Big Oil’s success in Namibia will push others to

Namibia accelerates development towards first

Transparency in the Namibian Extractives Sector

  • What is Namibia doing to support oil & gas drilling?
  • Namibia is starting to invest in the infrastructure to support drilling. State-owned Namport is drawing up plans to service both the oil industry as well as planned green hydrogen projects, with over $2.1 billion in upgrades at its ports.
  • 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.
  • Will Namibia's offshore oil play turn into another large source of oil?
  • It is too early to tell whether the Namibian offshore oil play will turn into another large source of oil. But early indications suggest large finds in the hundreds of millions of barrels of recoverable oil, at least. Inevitably, the successes of Total, Shell and Galp will encourage large oil companies to direct more investment into exploration.
  • Is Namcor a potential oil & gas player in Namibia?
  • “With four major discoveries already under our belt, Namibia holds great potential for further developments in oil and gas, attracting other international oil companies (IOCs) like Shell and Total. Sibeya concluded that Namcor’s would remain an active player in the industry.

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