QatarEnergy boss in Namibia for talks on development of oil discoveries

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QatarEnergy boss in Namibia for talks on development of oil discoveries
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Saad al-Kaabi wants to speed up development of two oil wells, but says deep offshore development is complicated

Minister of state for energy affairs and QatarEnergy CEO, Saad al-Kaabi, speaks in Doha, Qatar, March 26 2022. Picture: IBRAHIM AL-OMAR/REUTERS

Saad al-Kaabi said drilling work is expected for 2023 to get a better understanding of deliverability and capacity, but did not indicate when the two oil finds will be brought into production. The discoveries could make Namibia, a neighbour of Opec member Angola, another oil producer along the African Atlantic coast.

“We are trying to expedite that as fast as possible to ensure we can get the development finalised,” Al-Kaabi told reporters in Windhoek during a visit.

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