Shell’s top executive has reiterated that the company remains on the lookout for “opportunities” in Namibia despite earlier ...

French oil major TotalEnergies expects to take a final investment decision (FID) on its Namibian offshore oil discovery in ...

Namibia’s Mines and Energy Ministry has downplayed the impact of energy company Shell recent $400-million write-down on its offshore oil discoveries, stating that the country it remains ...

LONDON, Jan 8 (Reuters) - Shell (SHEL.L), opens new tab will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern ...

Shell is still looking for further opportunities in Namibia despite writing off $400 million from exploration activities offshore of the southern African country. The company told Business Report ...

The country’s aspirations to become a crude producer have been severely hampered by Shell’s statement that it will write down ...

The newly elected board comprises distinguished industry leaders, including Klaus Endresen, Country Chair of BW Kudu; Eduardo Rodriguez, Shell Namibia Country Chair; Diogo Martins, Galp Country ...

Shell writes down $400 million on Namibia oil discovery Technical challenges hinder Shell’s Namibia oil development Namibia remains optimistic about future oil exploration The logo of British ...

Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country's efforts to become a crude producer.

Shell will write down around $400m over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country's efforts to become a crude producer.

Shell (NYSE:SHEL) said Thursday its oil and gas discoveries in Namibia's offshore Orange Basin are not commercial, causing it to write down ~$400M toward the cost of exploration wells in the PEL39 ...