FRENCH energy company TotalEnergies has made a “major” oil discovery in its block offshore of Namibia – another block in which the National Petroleum Corporation of Namibia (Namcor) has a 10% stake.
This was confirmed by Namcor on Thursday.
Namcor’s managing director, Immanuel Mulunga, said following Shell’s recent Graff-1 well success, the second light-oil discovery by TotalEnergies has demonstrated the world-class potential of these breakthroughs in the deep waters of the Orange Basin.
“This could be a major game changer for Namibia’s economy and its people. We look forward to the upcoming appraisal programme to quantify the extent of this major discovery,” Mulunga said.
The discovery was made in Block 2913B, located approximately 290km off the coast of Namibia.
The block is owned by TotalEnergies (40%), QatarEnergy (30%), Impact Oil and Gas (20%), and Namcor (10%).
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