Namibia’s Oil Riches May Require Large Developments, CEO says
Fri, Apr 26, 2024 11:50 AM

Namibia’s Oil Riches May Require Large Developments, CEO says

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Namibia’s oil potential could one day match Guyana, where big discoveries have sparked an economic transformation and set the world’s biggest companies jostling for position. There’s a “big chunk of oil” in waters off Namibia, said Patrick Pouyanne, chief executive officer of TotalEnergies SE, which alongside several other companies has made significant discoveries in the African country.

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