NAMCOR welcomes new oil discovery – Namibia’s confidence as an emerging global oil hotspot boosted

The National Petroleum Corporation of Namibia (NAMCOR) has welcomed the announcement of yet another oil discovery offshore Namibia. The discovery, made by partners QatarEnergy on the Merlin-1X exploration well within Petroleum Exploration License 39 (PEL 39) in the deep-water Orange Basin, marks another significant breakthrough in Namibia’s rapidly expanding upstream sector. “Together with our joint […]

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