TTE - Orange Subbasin Offshore Namibia: Persistence Pays Off As Dedicated Explorers Deliver A New Hydrocarbon Province
- The vast and—in many areas, remote—Southwest African Coastal Basin has drawn global exploration companies to its offshore waters for decades.
- Like a large majority of African countries, Namibia currently is a net fuel importer. Namibia will be looking to become a new global fuel and energy exporter, as well as a regional supplier to surrounding countries.
- Notwithstanding, the new hydrocarbon resource additions will allow Namibia to finally revolutionize its energy sector and welcome the influx of substantial new investment.
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Orange Subbasin, Offshore Namibia: Persistence Pays Off As Dedicated Explorers Deliver A New Hydrocarbon Province