economist.com.na1h
Shell write down not a setback, we will soldier on – Alweendo
The Minister of Mines and Energy, Hon Tom Alweendo announced that the decision for multi-national oil and gas company Shell to write down N$400 million on the Orange Basin oil discovery, will not ...
Upstream3h
Unhappy Namibia rejects Shell claims that discoveries are not commercial, as it seeks ‘right partner’ to develop them
Namibia’s government has refuted Shell’s position that its discoveries in the Orange basin are uneconomic to develop and said ...
MyJoyOnline11h
Shell writes down Namibia oil discovery in blow to country
Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a ...
Namibia: Shell Write Down Merely A Speed Bump, Not A Road Block
Energy major Shell has announced that oil discovered offshore Namibia in petroleum Exploration License (PEL) 39 cannot be currently confirmed for commercial development. As such, the company will ...
Zawya21h
Ministry of Mines and Energy Responds to Shell's Orange Basin Write-Down
The Ministry of Mines and Energy emphasizes that Shell's decision to write down the discoveries will not significantly impact ...
Shell Writes Off Namibia Oil Wells, Still Exploring in Country
Shell Plc is still seeking commercial pathways to oil production in Namibia after writing off about $400 million of wells in the southern African country, where multiple energy majors have been ...