QatarEnergy announces second oil discovery in Namibia
Date
2/24/2022 5:41:47 AM
(MENAFN- The Peninsula) The Peninsula
Doha: QatarEnergy announced a significant light oil and associated gas discovery in the Venus-1X prospect located in block 2913B in the Orange Basin, offshore southern Namibia.
Commenting on this discovery, His Excellency Saad Sherida Al-Kaabi, the Minister of State for energy Affairs, the President and CEO of QatarEnergy, said:“We are pleased with this new discovery, which is our second in Namibia in a month, and we are encouraged by the promising results of the discovery well. I would like to congratulate our partners TotalEnergies, Impact Oil and Gas, and NAMCOR, as well as the government of Namibia.”
Covering an area of about 8,215 km², Block 2913B lies in deep waters some 290 kilometers off the coast of Namibia and is held by a consortium comprising QatarEnergy (30%), TotalEnergies (operator - 40%), Impact Oil and Gas (20%) and NAMCOR (10%).
QatarEnergy holds interests in 4 blocks offshore Namibia, namely blocks: 2912, 2913B, 2914B, and 2913A, covering a total area of approximately 28,000 km².
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