ExxonMobil Expands Its Offshore Exploration Area in Namibia

Written by Paulo Nogueira

Published on 25/04/2019 at 06:39

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ExxonMobil Is Expanding Its Exploration Area In Namibia, Adding Approximately 7 Million Net Acres (28,000 Square Kilometers)

Exxon has signed an agreement with the government of Namibia and the National Petroleum Corporation of Namibia (NAMCOR) for blocks 1710 and 1810, and farm-in agreements with NAMCOR for blocks 1711 and 1811A. The blocks extend from the coastline to about 215 miles (215 kilometers) off the coast of Namibia, at depths of up to 13,000 feet (4,000 meters). ExxonMobil plans to begin exploration activities in 2019, including data acquisition and seismic analyses.

Mike Cousins, Senior Vice President of Exploration and New Ventures at ExxonMobil: “These agreements provide ExxonMobil the opportunity to explore hydrocarbons using advanced technology at the frontier of the Namibe basin. We will leverage our significant upstream experience and technological knowledge and work closely with NAMCOR in the exploration of these blocks.”

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ExxonMobil Expands Its Offshore Exploration Area in Namibia

ExxonMobil Is Expanding Its Exploration Area In Namibia, Adding Approximately 7 Million Net Acres (28,000 Square Kilometers)

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ExxonMobil Expands Its Offshore Exploration Area in Namibia

ExxonMobil Is Expanding Its Exploration Area In Namibia, Adding Approximately 7 Million Net Acres (28,000 Square Kilometers)

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