Spectrum, in partnership with the National Petroleum Corporation of Namibia (NAMCOR), has commenced a new project in the Luderitz basin following the successful completion of an extended 2D Multi-Client seismic survey covering the deep water Orange Basin, offshore Namibia.
There significant risks for companies operating in the Middle East including terrorism, road accidents and civil unrest but by investing in local communities and employing local nationals companies can partially insulate themselves from such risks.