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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
New petroleum exploration licence in Namibia
Global Petroleum is to acquire block 2011A in the northern Walvis Basin offshore Namibia, taking an 85% interest in the new block as operator.
State oil company, Namcor, and a local private company, Aloe, will have carried interests of 10% and 5% respectively. The block lies immediately to the east of the company’s current licence, PEL0029, which comprises blocks 1910B and 2010A, making Global one of the largest net acreage holders in the region.
News Item details
Journal title: Petroleum Review
Keywords: Energy
Countries: Namibia -
Subjects: Exploration and production
