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

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

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

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 ...

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 ...

Shell has determined that an oil discovery off the coast of Namibia is not commercially viable, leading to a projected write-down of around $400m (£325.52m), reported Reuters. This decision is a ...

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 ...

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 ...

With Shell writing down a $400m investment, and Chevron backing out, questions arise about Namibia’s hopes to become a frontier oil producer.

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