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.
How many barrels of oil has shell found in Namibia?
According to miningandenergy.com, petroleum commissioner Maggy Shino says Shell Namibia has found 200 million barrels at Graf-1 and another 300 million barrels at Jonker-1X. She also estimated that TotalEnergies holds two billion barrels of recoverable oil at its Venus discovery.
Did totalenergies find light oil in Namibia?
TotalEnergies has announced a discovery of light oil offshore of Namibia with "very promising initial results". The so-called Venus discovery well was drilled by TotalEnergies, as the operator, on behalf of a joint venture group comprising TotalEnergies QatarEnergy Impact Oil and Gas Namibia and Namcor, Namibia’s national petroleum corporation.
What will Namibia expect from oil drilling in 2024?
While Namibia expects the announcement of concrete outcomes from the ongoing oil drilling off the country’s coast during 2024, a number of discoveries have been announced already this year.