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Namibia is not a fossil fuel producer, although northern neighbour Angola is a major oil and gas producer and a member of the Organization of the Petroleum Exporting Countries.Will shell's Namibia oil and gas discovery spark wave of investment?
LONDON, Jan 25 (Reuters) - Shell (RDSa.L)has made a significant oil and gas discovery at an closely-watched offshore well in Namibia which could spark a wave of investment in the southern African country, three industry sources told Reuters.What is the latest on Shell’s graff-1 oil discovery in Namibia?
The Namibian government is planning to make an announcement next week on the details of the discovery at the Graff-1 well which Shell started drilling last month, according to two of the sources.