Our Assets

Azinam_Licences[3] (1)

Our Assets

Offshore Namibia is an exciting new exploration province which has been largely overlooked in recent decades following the drilling of 18 wells in the shallower water shelfal regions using old 2D seismic data. Nine of these wells were drilled to appraise the Kudu field discovery.

Industry attention has increasingly been refocusing on the South Atlantic region following successful exploration offshore Brazil the Falklands and southern Angola. These regions are seen as analogues to the offshore Namibian Basins. The recent success of the Uruguay offshore licensing round which resulted in blocks being licensed to major independents and super-majors provides further confirmation of the emergence of the whole of the South Atlantic region as an exciting new exploration region.