Namibia Could Join OPEC If Recent Oil Discoveries Fulfill Potential ...Middle East

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Namibia could consider joining OPEC if recent offshore oil discoveries prove to be large enough for commercial development, Namibian petroleum commissioner Maggy Shino told Bloomberg on Wednesday, as oil majors that have made recent discoveries prepare for appraisal drilling. TotalEnergies made in February a significant discovery of light oil with associated gas on the Venus prospect offshore southern Namibia. The initial results are “very promising” in the so-called Orange Basin, Kevin McLachlan, Senior Vice President of Exploration…

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