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Super Basins 8: Could offshore Namibia be an Advantaged, Sustainable, Super Basin?


....given confirmed exploration success, developments need careful thought!
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FEATURED SPEAKERS
NJ Ayuk
» Executive Chairman, African Energy Chamber
» African Energy Chamber
Greg Coleman
»
» Future Energy Partners Ltd

Full Agenda

Friday, June 24, 2022
Webinar
Online

Early reports (I’m writing this on March 7th!) suggest exploration efforts offshore Namibia have finally produced a profound technical triumph requiring, perhaps above all, patience!

It would be excellent for Namibia if this turned into a hydrocarbon province to rival in scale that offshore Ghana for example or, dare one say it, Guyana!

But we need to talk about the development now rather than later!

Maybe Guyana – with all that flaring - reveals ‘an elephant in the room’ with respect to FPSOs?

Yes, they can be a way of getting to 1st Oil very quickly è early cash flow for everybody….operator, partners, host government. As in Guyana……

But that often comes as the price of having no gas plan = no export capability because a market is either not perceived or not admitted to, so produced gas either gets re-injected into the reservoir (the solution for a while in the FPSO-developed Jubilee Field, offshore Ghana) – with attendant early breakthrough risks – or flared.

Arguably then, the net result – IMHO – would be that these hydrocarbons would not qualify as Advantaged?

We will examine the technical triumphs, the flaring question, how Namibia’s offshore hydrocarbon province might become Advantaged or not, in this webinar.

 

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