FT – S Africa oil: time to look offshore?

To date, South Africa has done little to explore its offshore oil. Geological data is old and out of date, existing oilfields are ageing, and few new ones are being discovered. Even the Orange Basin, near Namibia, is believed to hold substantial reserves, but there has been little drilling since Shell acquired rights in 2009. (Read more… http://blogs.ft.com/beyond-brics/2014/01/09/s-africa-oil-time-to-look-offshore/#axzz2pybV6qHy)


(English, Article, 2014)

FacebooktwitterlinkedinmailFacebooktwitterlinkedinmailby feather