FIRST BLOCK ACQUIRED OFF NAMIBIA

A Norwegian group has won the first exploration license under Namibia's first petroleum licensing round. Norsk Hydro AS, Den norske stats oljeselskap AS, and Saga Petroleum AS received a license on Block 1911, which covers about 11,000 sq km off northern Namibia (see map, OGJ, Apr. 8, 1991, p. 85). The agreement is to be formalized next month.

Mar 23rd, 1992
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