Global Petroleum Investment, Galp Discoveries, Shell Write-Down, Tower Resources, Min Alweendo Comments and Chevron News

In Episode 6, Global Petroleum again makes headlines, Galp continue making significant strides with the Saipem Santorini drillship, we explore Chevron’s announcement that its Kapana 1X well in the Orange Basin did not yield commercial hydrocarbon reserves, while Shell disclosed a $400 million write-down after deeming an offshore discovery commercially unviable. With all the ups and downs, Namibia’s Mines and Energy Minister, Tom Alweendo remains optimistic.

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Audio production by Namibia Oil and Gas, all rights reserved. Sound Effect by Vasyl Sakal from Pixabay, Music by Maksym Malko from Pixabay.