Azinam starts on oil

AziNam Limited has received government approval for it to assume operatorship of petroleum exploration licence 34 offshore Namibia. AziNam also opened an office in Windhoek recently.
In recent months, AziNam has increased its working interest position in the majority of its offshore Namibia licences. During the course of 2014, AziNam increased its working interest in petroleum exploration licence 34 from 20% to 40%. The Namibian government along with AziNam’s partners on the licenses, have no

AziNam Limited has received government approval for it to assume operatorship of petroleum exploration licence 34 offshore Namibia. AziNam also opened an office in Windhoek recently.
In recent months, AziNam has increased its working interest position in the majority of its offshore Namibia licences. During the course of 2014, AziNam increased its working interest in petroleum exploration licence 34 from 20% to 40%. The Namibian government along with AziNam’s partners on the licenses, have now approved AziNam to become operator of petroleum exploration licence 34.
Commenting on the latest developments at AziNam, its Managing Director David Sturt said, “AziNam has the leading offshore Namibia G&G database. Combining the database with a holistic and comprehensive analysis of the potential petroleum systems offshore Namibia, AziNam has constructed the dominant acreage position in the Walvis and Lüderitz basins and will continue to advance its understanding of the subsurface.”
In addition, AziNam has opened its new office in the center of Windhoek’s business district. The office is already staffed by a team led by Uaapi Utjavari, formerly executive E&P manager at the Namcor. The centre will function as the in-country hub of the company’s commercial, technical, and operational functions, according to Sturt.
Bermuda registered Azimuth Limited is the holding company to AziNam Limited.

 

w approved AziNam to become operator of petroleum exploration licence 34.
Commenting on the latest developments at AziNam, its Managing Director David Sturt said, “AziNam has the leading offshore Namibia G&G database. Combining the database with a holistic and comprehensive analysis of the potential petroleum systems offshore Namibia, AziNam has constructed the dominant acreage position in the Walvis and Lüderitz basins and will continue to advance its understanding of the subsurface.”
In addition, AziNam has opened its new office in the center of Windhoek’s business district. The office is already staffed by a team led by Uaapi Utjavari, formerly executive E&P manager at the Namcor. The centre will function as the in-country hub of the company’s commercial, technical, and operational functions, according to Sturt.
Bermuda registered Azimuth Limited is the holding company to AziNam Limited.