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Equinor Enters Namibia’s Orange Basin | Business and Finance News
Published 2 weeks, 1 day ago
Description
Equinor makes its debut in Namibia, securing a 17.4% stake in the hotly anticipated PEL 90 block in the Orange Basin — set for drilling in 2026 — joining Chevron, QatarEnergy, Trago Energy, and NAMCOR in a high-stakes exploration play that could turn this Atlantic Margin hotspot into a major oil producer.
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