RE: Huge risk being out25 Jan 2021 21:24
Galp Energia, BP and Repsol have also bought into offshore licences. “There will be others before the end of this year,” says Immanuel Mulunga, petroleum commissioner at Namibia’s ministry of mines and energy. The deal follows similar farm-in agreements by Royal Dutch Shell in December and Tullow Oil in September. “Recently there is clearly an uptick in activity. You see some of the bigger players moving in,” says Huijskes.
Plenty of other Majors will want acerage as want to be in on the 'new frontier' as progressive at the same time - exciting times guys