Investing in Namibia's energy future
ExxonMobil is increasing its exploration acreage in Namibia with the addition of approximately 7 million net acres (28,000 square kilometers) following the signing of an agreement with the government of Namibia and the National Petroleum Corporation of Namibia (NAMCOR) for blocks 1710 and 1810, and farm-in agreements with the NAMCOR for blocks 1711 and 1811A.
ExxonMobil will explore for hydrocarbons using advanced technology in the frontier Namibe basin. We will employ our significant upstream experience and technical expertise and work in close collaboration with NAMCOR in exploring these blocks. Exploration activities, including acquisition of seismic data and analysis, are planned to begin in 2019.
ExxonMobil, one of the world’s largest publicly traded energy providers and chemical manufacturers, develops and applies next-generation technologies to help safely and responsibly meet the world’s growing needs for energy and high-quality chemical products.