Namibia’s petroleum commissioner stated that the country anticipates extracting its offshore oil production from significant discoveries by 2030. To facilitate the export of crude oil, Namibia is contemplating the utilization of a Floating Production Storage and Offloading (FPSO) platform.
Namibia, which has yet to produce any oil or gas, has attracted strong interest from international energy companies after Shell and TotalEnergies made discoveries off the coast of the southern African country.
Petroleum commissioner Maggy Shino told Reuters at an oil conference in Cape Town, South Africa, that the two oil companies were conducting appraisal tests to determine if they contained commercial amounts of oil that could be developed.
We are considering the use of an FPSO for the deepwater oil project and exporting the crude to the market,” she stated.
