Shell Namibia…. The way forward3 Nov 2023 17:35
Shell has such “belief” in the scale of its oil and gas discoveries in Namibia’s Orange basin that it will funnel a quarter of its deepwater exploration budget for 2023 and 2024 into the country, according to chief executive Wael Sawan.
Shell reported discoveries in the Graff, La Rona and Jonker wells in PEL 39, which together are estimated to hold 1.7 billion boe, according to Barclays.
Shell has made four significant discoveries in Namibia to date — Graff, La Rona, Lesedi and Jonker.