Namibia could see an oil boom thanks to several major discoveries that suggest there could be more oil yet to come. An influx of foreign investment has helped Namibia to begin exploring its oil and gas potential, and it looks like it may be quickly paying off with several new finds in recent months, with some dubbing it the “new Guyana”.
The government is welcoming external financing in the sector as well as pursuing partial ownership of operations, to ensure the country has greater input in the exploitation of its resources, following…Namibia's Oil And Gas Sector Sparks Global Investment Rush
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