Page 13 - AfrOil Week 10 2023
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AfrOil                                PROJECTS & COMPANIES                                            AfrOil



                         “FFS has been built with a strong R&D focus   liquefaction options.”
                         and the company successfully completed a pilot   Canning said FFS aims to produce LNG
                         project in 2020 when it imported multiple LNG   from other local gas sources in 2024 and to com-
                         iso-containers for internal use and testing at   mence the proof-of-concept trial with Kinetiko
                         its Cape Town terminal facility,” he continued.   soon thereafter.
                         “We have partnered with Galileo Technologies,   The agreement provides the opportunity
                         a pioneer in the decarbonisation of the energy   for FFS Refiners to purchase natural gas. At the
                         value chain, developing modular solutions for   same time, Kinetiko believes that its reserves
                         LNG, biogas, gydrogen and smart compression   have the potential to grow with the interest and
                         sectors, to offer the local market small-scale   investment of off-take partners for its gas. ™



       Shell strikes oil once again with



       Jonker-1X well offshore Namibia






            NAMIBIA      SHELL (UK) has reportedly struck oil again at
                         the PEL 39 deepwater licence area in the Orange
                         basin offshore Namibia, as its partners in the
                         project revealed on March 6 that a discovery had
                         been made in the Jonker-1X exploration well.
                           The company announced its first find at the
                         Graff field in early 2022, and now its partners
                         QatarEnergy and National Petroleum Corp. of
                         Namibia (NAMCOR) are reporting positive
                         results from the Jonker field.
                           According to statements from QatarEnergy
                         and NAMCOR, Shell spudded the Jonker-1X
                         well in 2,210-metre-deep water at a site about
                         270 km from shore in December 2022. It drilled
                         the well to a total depth of 6,168 metres using
                         the Deepsea Bollsta semi-submersible drilling
                         rig and finished drilling in March of this year.
                         The company is currently evaluating the data it
                         has collected and plans further appraisal drilling
                         to determine the size and recoverable potential
                         of the discovery.
                           Jonker-1X is the third well drilled at the PEL
                         39 block within the last year, NAMCOR noted.
                           Equity in the PEL-39 project is held by a con-
                         sortium consisting of Shell, the operator, with   Jonker is the third discovery made thus far at PEL 39 (Image: QatarEnergy)
                         45%; QatarEnergy, with 45%; and NAMCOR,
                         with 10%.                            was the third oil discovery made in the Orange
                           Saad Sherida Al-Kaabi, Qatar’s minister of   basin offshore Namibia, following the Graff-1
                         state for energy affairs and the president and   and Venus-1X finds by Shell and TotalEnergies
                         CEO of QatarEnergy, expressed satisfaction   respectively. He also stressed the vast potential
                         with the latest discovery, the third oil find made   of the deepwater portions of the Orange basin.
                         in Namibia’s offshore zone to date. Al-Kaabi   Shell was the first to make a major find in
                         congratulated QatarEnergy’s partners, Shell   Namibia last year. NAMCOR confirmed the
                         and NAMCOR, as well as the government of   discovery of hydrocarbons in the Graff-1 well at
                         Namibia, for their support of the project.  the PEL 39 block in February, and TotalEnergies
                           Meanwhile, NAMCOR’s upstream explo-  (France) announced later in the same month
                         ration executive Victoria Sibeya congratulated   that it had made another find in the Venus-1X
                         Shell and QatarEnergy for safely completing   well at the PEL 56 block.
                         Jonker-1X, stating that the results demon-  Venus was initially thought to hold 300-
                         strated the significant hydrocarbon potential of   500mn barrels of light crude, but the figure now
                         deepwater fields in the Namibian section of the   looks to be at least 3bn barrels, high enough to
                         Orange basin.                        make Venus the biggest discovery in sub-Saha-
                           For his part, NAMCOR managing direc-  ran Africa in several decades. Graff, meanwhile,
                         tor Immanuel Mulunga noted that Jonker-1X   may hold 1bn barrels or more of oil. ™



       Week 10   09•March•2023                 www. NEWSBASE .com                                              P13
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