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Namibia South Africa Upstream IOCs
Simon Ferrie
26 June 2024
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Namibia’s success boosts other frontiers

Exploration efforts are increasingly spreading into South African and even South American waters

Namibia continues to deliver fresh discoveries and attract international investment as the undoubted global hotspot for exploration. The country’s offshore is so prolific and promising that the industry’s attention is now spreading into neighbouring South African waters, despite the country’s bureaucratic and legislative hurdles. And the Orange Basin’s promise is even beginning to rub off on the southern cone of South America, where growing attention is being directed towards the conjugate margins which match those of the African nation. Namibia’s upstream remains busy, with ongoing announcements of discoveries, acquisitions and farm-in deals. Recently, Toronto-listed Sintana Energy conclude

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