Ndeunyema: Offshore oil discovery marks pivotal point for Namibia

Ndeunyema: Offshore oil discovery marks pivotal point for Namibia

WINDHOEK, 11 JAN (NAMPA) – The National Petroleum Corporation of Namibia (Namcor) on Wednesday announced the discovery of oil on its Mopane-1X well in the Orange Basin, offshore Namibia. The partners, Galp Energia Holding an 80 per cent operating interest, Custos Energy with 10 per cent, and Namcor maintaining a 10 per cent carried interest,…

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