Namibia's oil rush: Following in Guyana's economic footsteps
Namibia's burgeoning oil potential mirrors Guyana's transformative boom, drawing comparisons from industry leaders.
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Namibia's burgeoning oil potential mirrors Guyana's transformative boom, drawing comparisons from industry leaders.
In the past two years, TotalEnergies, Shell Plc and Galp Energia SGPS SA have made finds off the southwest coast of Africa that turned sparsely populated Namibia into a hotspot for exploration. While no field has yet been given the green light for development, hopes are high in the country that an economic boom similar to that seen in Guyana could be on the cards.
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
MidOcean Energy MidOcean or the Company a liquefied natural gas LNG company formed and managed by EIG a leading institutional investor in the global energy and infrastructure sectors today announced the completion of its previously announced agreement to acquire SK earthons SK 20 percent interest in Peru LNG PLNG owner and operator of the first LNG export facility in South America.