31
Mar
Niël Terblanché Over the past year, Namibia has rapidly emerged as one of the most attractive investment destinations in the oil and gas industry worldwide. The accelerated focus on Namibia was brought about by two major oil discoveries made - the Venus and Graff-1 wells - in 2022 by Shell, Total Energies and Qatar Energy. The discoveries were rated as some of the highest value finds globally. Earlier this year, Shell announced a third discovery at its Jonker-1X well which revealed the substantial potential that still lies in Namibia’s offshore oil exploration fields also known as basins. These discoveries have…