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antenahum

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antenahum

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Friday, 06/05/2015 6:33:41 PM

Friday, June 05, 2015 6:33:41 PM

Post# of 5825
BUSINESS - | 2015-06-04

Shell acquires more interest in exploration licence
By Staff Reporter

SHELL Namibia Upstream BV has acquired an interest in Petroleum Exploration Licence 39 located offshore Namibia.

“We have subsequently conducted seismic tests and the results are being analysed. Shell opened a Windhoek-based office and has been hard at work getting to know the Namibian people. We have also investments in a number of community programmes and initiatives, oil, gas skills development, marine conservation and science education,” the company said.

Shell said on its website that it has acquired a 90% controlling interest in petroleum exploration licence 39 with the additional 10% interest held by the National Petroleum Corporation of Namibia.
- See more at: http://www.namibian.com.na/indexx.php?id=27421#sthash.wdPabS2y.dpuf

http://www.namibian.com.na/indexx.php?id=27421#
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