REUTERS
EXCLUSIVE Shell hits oil and gas in Namibian offshore well
- Shell made “significant” discovery in Graff-1 well
- Namibian government to hold press conference on discovery
- It remains unclear if Shell will develop a field
LONDON, Jan 25 (Reuters) – Shell (RDSa.L) has made a significant oil and gas discovery at an closely-watched offshore well in Namibia which could spark a wave of investment in the southern African country, three industry sources told Reuters.
Reporting by Ron Bousso and Wendell Roelf; editing by David Evans