Shell has made a fourth hydrocarbon discovery offshore Namibia, one of the hot spots in offshore exploration right now.
The UK-based supermajor said on Wednesday that it had confirmed the presence of hydrocarbons in the fourth exploration well, Lesedi-1X, it completed drilling offshore the African country.
“Further evaluation is required to determine development potential,” Shell said in a statement carried by Reuters.
Last month, Zoë Yujnovich, Integrated Gas and Upstream Director at Shell, said on Shell’s Capital Markets Day that the supermajor would continue with its exploration efforts after making three discoveries in the Orange Basin offshore Namibia in the past two years.
“What we’re most pleased about in Namibia is that we have so far out of the three exploration wells and the one appraisal well that we have drilled, we have had top-quartile well-performance in every single one of our activities in Namibia,” Yujnovich said.
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Shell and another supermajor, France’s TotalEnergies, have recently made some large discoveries in the Orange Basin offshore Namibia.
