Namibia poised to become leading oil producer

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Three more oil reservoirs were discovered following the drilling for hydrocarbons in the Mopane well in the offshore Orange Basin. 

Ministry of Mines and Energy Petroleum Commissioner Maggy Shino stated that a droplet size distribution will soon be concluded, while an assessment of not less than four wells is expected to be drilled in 2025. 

Shino announced that Shell delivered a notice that the Enigma well they were drilling as an exploration well has now turned into a discovery. 

This means that the amount of fuel expected from the well has increased.

Policies aim to improve governance and reduce corruption could prevent oil curse

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Policies aimed to improve governance and reduce corruption could be the remedy to prevent the "oil curse" in Namibia.

This sentiment was expressed by the Petroleum Commissioner in the Ministry of Mines and Energy, Maggy Shino.

During her presentation, Shino said the oil industry stands to gain from undertaking a remedial effort that would reduce operating costs, increase production, and raise the standard of living for the people.