Africa Oil Corp. T.AOI

Reuters September 4th.

[radcat]

4 years will go fast. Its like waiting for the next olympics. Can't wait to win the black gold metal :)

Namibia Sees TotalEnergies and Shell Oil Projects Starting Production in 4 years

Reuters September 2, 2022

Maersk Drilling's Maersk Voyager drillship was used to make TotalEnergies' Venus discovery offshore Namibia. Photo from Maersk Drilling.

 Oil discoveries by TotalEnergies and Shell off the coast of Namibia could start production in four years, Namibia Energy Minister Tom Alweendo said at a conference in Dakar on Thursday.

Alweendo said Namibia had agreed with the companies that they should start production as fast as possible.

 (Reuters - Reporting by Bate Felix/Writing by Alessandra Prentice; Editing by Kirsten Donovan

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[Suppe11]

You don't need, to wait so long. With 99.9% probability neither Impact, nor Aoi will be a producer of the Venus project. The development would cost Impact more than $2b...

[hikari]

I would vote that Aoi keeps and finances at least or better a bigger part of its share of Venus if possible. It is very seldom that you discover a second gas or oil field with the same potential as Venus during your lifetime. Venus has got all ingredients to become a lucrative cash cow. And because it is offshore it has a much lower political risk than any onshore field in Africa because only

[toptiger]

well they could, but only a small portion, and 3b/4b is prob as good if not better potentially

[firstworld]

By that time RU will have half the world locked into 10-20 year oil & petchem supply deals and the NATO and Nazi supporters will be full on Soviet style states with price caps on everything, elites living high life, with everyone taking public transit only they wont have endless cheap hot water and showers and electricity like Soviet union LOL. 4 years is eternity when the NATO and Nazi