Shell intensifies hunt for Namibian oil
About ten new exploration, appraisal wells
Should Shell's and TotalEnergies' discoveries be commercially viable, investment flows into Namibia could be around US$29 billion, the international consultancy firm Wood Mackenzie estimates.
Shell has submitted proposals to conduct drilling activities for up to ten new exploration and appraisal wells in Namibia's offshore waters after discovering light oil in three loc...
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