Namibia’s Petroleum Commissioner, Maggy Shino, outlined the country’s strategy for the coming years, emphasizing the drive for increased investment in exploration activities and the utilization of technological advancements to enhance data analysis and partnerships.
Shino affirmed Namibia’s commitment to maintaining an open licensing regime to attract a diverse range of oil and gas companies to explore the Namibian continental shelf.
She highlighted imminent final investment decisions on discoveries by major players like Total Energies, Shell, Galp, and ongoing operations at the Kudu Gas Field operated by BW Energies.
Shino emphasized the vast potential of Namibia’s basins, particularly in the Orange Basin, where exploration and appraisal drilling campaigns are currently underway by Shell, Total, and Galp.
Anticipating appraisal reports by April, Shino expressed readiness to communicate results and initiate preparations for the next phase of industry development.
She noted ongoing data reprocessing and interpretation efforts, indicating potential exploration areas extending across the Luderitz, Walvis, and Namibe basins.
Looking ahead, Shino mentioned plans for continued appraisal drilling, multiple well campaigns, and exploration of new plays identified by companies like ReconAfrica, Rhino Resources, and Chevron, alongside their joint venture partners.
