The Namibian government on Tuesday announced the first discovery of oil off it's coast around the Walvis Basin.
Namibia has commissioned a Rio de Janeiro-based energy and exploration firm HRT to assist in looking for the possibilities that the waters of it's coast may bear oil and gas.
The recent findings from an exploratory well, though commercially viable in terms of volume, are promising.
The company discovered "two well-developed source rocks" and "several thin-bedded sandy
No comments:
Post a Comment