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 is still looking for further opportunities in Namibia despite writing off US$400 million from exploration activities ...
After drilling nine wells offshore of Namibia, the oil major said the finds are not commercially viable to develop. But it's ...
With Shell writing down a $400m investment, and Chevron backing out, questions arise about Namibia’s hopes to become a ...
Chevron said it did not find commercial hydrocarbon reserves in an exploration well in Namibia's Orange Basin. The US oil ...
Shell’s decision to write down about $400 million for an offshore oil discovery in Namibia, which it deemed commercially ...
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 writes off $400M for failed oil and gas discoveries in Namibia's offshore Orange basin, faces technical and geological challenges.
Energy Minister Tom Alweendo calls Shell's write-down 'unfortunate,' as Namcor says partners want to undertake more ...
Chevron said on Wednesday it did not find commercial hydrocarbon reserves in an exploration well in Namibia's Orange Basin.