
Shell, the international oil and petroleum company, has drilled 25 exploration wells in Namibia's Orange Basin over four years, marking a company record for the region. Eugen Okpere, Shell's vice president for exploration, strategy and portfolio, and integrated gas and upstream, highlighted this achievement during a visit to State House in Windhoek. Okpere noted that since President Netumbo Nandi-Ndaitwah took office last year, no operator has reported systemic issues, despite the complexities of the oil and gas industry. He commended the president for her leadership and ongoing support. Shell began exploration drilling in Namibia in December 2021, leading to the discovery of oil in the Graff-1X well in the Orange Basin in early 2022. Approximately N$1 billion has been invested by all partners involved in the exploration efforts.
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This summary was AI-generated from a story originally published by The Namibian.