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The National Petroleum Corporation of Namibia (NAMCOR), the Namibian state-owned oil company, and its partners, Shell Namibia Upstream and Qatar Energy, have announced that the Graff-1 deep-water exploration well has made a discovery of light oil in both primary and secondary targets.
IN BRIEF: Tower Resources, Global Petroleum encouraged by Graff-1 | Financial News
Light oil has been discovered off the coast of Namibia
Shell has chartered the Valaris DS-10 rig for two wells, offshore Namibia and then offshore Sao Tome, as exploration begins to return.
Here are some more selected news articles for the week ending 10 April 2021. Go here for Part 1. This is a feature at Global Economic Intersection every Monday evening or Tueday morning. Please share this article - Go to very top of page, right hand side, for social media buttons. Bakken crude to be rerouted in every direction if DAPL shuts | S&P Global Platts - Bakken Shale crude oil volumes would ship to the west, east and even up north into Canada and back into the US again as producers and pipeline operators target alternative routes if the Dakota Access Pipeline is shuttered, even tempo...