Namibia Announces Third Offshore Oil Discovery

The National Petroleum Corporation of Namibia (Namcor) has announced a third oil discovery in the Orange Basin off Namibia’s southern coast.

The discovery in the Jonker-1X deep-water exploration well, located anout 270 kilometres off the coast of Namibia, was made by a joint venture of Shell, QatarEnergy and Namcor, the company announced on Monday.

Namcor managing director Immanuel Mulunga said: “We are delighted to announce this third oil discovery after the success of the Graff-1X and Venus-1X…