First oil in 2028, while plausible, would be impressive and for that to happen, some really good results from the current Namibia appraisal program are required, Justin Cochrane, Africa Upstream Regional Research Director for S&P Global Commodity Insights has said. Cochrane who spoke to ECP on what the pathway to first oil looks like for...
Shell has started drilling a second appraisal probe on its multibillion-barrel Jonker oil discovery in Namibia’s Orange basin, a staggering 23 kilometres from the discovery well. The Jonker-2A well is to test the limit of the 2.5 billion barrel Orange basin field after the ‘successful’ Jonker-1A probe. According to Upstream marine intelligence provider VesselValue, the...
Speaking during a third quarter 2023 results Q&A, executives at Shell said that the company expects to drill another exploration well and appraisal well and carry out another flow test offshore Namibia over the next six to nine months, as the company moves towards understanding a development pathway for its Namibia assets. Shell is currently...
By Clifton Movirongo. With all the hype around the recent discoveries of substantial oil sources in Namibia’s offshore acreage, the Namibia Investment Promotion and Development Board’s (NIPDB) Chief Executive, M. Nangula Uaandja recently pointed out that it is “still a long way to go” before the production phase begins. Ms Uaandja walked participants at the...