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  • new designed big palm oil refinery for big in namibia
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  • Which oil company has drilled graff-1x in the Orange Basin?
  • exploration well in the deepwater of Namibia’s Orange Basin. Graff-1X was drilled in Petroleum License (PEL) 39. Shell is operator with a 45% working interest and partners include Qatar Energy with 45% and NAMCOR, the national oil company of Namibia with 10%.
  • What is the plan for the Namibian government & international oil companies?
  • The plan for the Namibian government, the International Oil Companies and our partners is to accelerate development of these discoveries and to see first oil in Namibia. We have commenced appraisal work on the Graff-1 and Venus-1 discoveries and the initial results have been very encouraging.
  • How can Namibia contribute to the oil and gas value chain?
  • There are significant opportunities along the oil and gas value chain for Namibians to participate, especially in servicing the exploration sector. First, we need to build the capacity, both in the local workforce and in the institutions that will help oversee, develop, and regulate Namibia’s oil and gas industry.
  • Is Namibia ready for the offshore hydrocarbon market?
  • We have only scratched the surface of the hydrocarbon basin in Namibia. The offshore market is ready – and not just the Orange Basin. In terms of deep-water potential, the Lüderitz, Walvis, and Namib Basins are highly prospective and share many characteristics of the Orange basin yet remain highly underexplored.
  • What is Namibia doing to support oil & gas drilling?
  • Namibia is starting to invest in the infrastructure to support drilling. State-owned Namport is drawing up plans to service both the oil industry as well as planned green hydrogen projects, with over $2.1 billion in upgrades at its ports.
  • Could Namibia be a multibillion-dollar oil deal?
  • Namibia’s rapidly rising oil potential is starting to draw serious international interest, and potentially some multibillion-dollar deals. Namibia was mentioned even more than Guyana by executives on oil company earnings calls last quarter, according to data compiled by Bloomberg.