Azinam bids farewell to continent after long and slow decline
A lack of fresh money and the departure of its co-founder has dealt the final blow to Azinam, which was founded in 2012 to explore the waters of southern Africa.
Joined millions of years ago, the African and South American continents present geological similarities that stir the curiosity of oil companies. Recent discoveries on the South American side of the Atlantic have spurred demand for exploration licences on the opposite
Still largely unknown and barely explored, Namibia's offshore may shortly acquire star billing. For some months, a number of majors, convinced Namibia could present geological features close to those of Brazil's offshore, are seeking to join forces with a Brazilian