Shell Finds Oil in Highly Anticipated Offshore Namibia Field
- Extent of the discovered system is yet to be determined
- TotalEnergies also drilling well in nearby offshore area
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Royal Dutch Shell Plc has made an oil discovery in Namibia, an area where previous explorers have largely failed to find commercial resources.
Searching for oil and gas in the waters of the southwest African nation has been compared to the early days of the North Sea, where a number of wells were drilled before any significant discoveries were made. To date, there have been 15 exploratory wells drilled offshore, according to Namibia’s Ministry of Mines and Energy.