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Shell’s $400 million write-down dashes Namibia’s oil industry hopes

Shell’s $400 million write-down and departure from Namibia’s offshore oil and gas exploration blocks has dented the southern African country’s hopes for an economic boost from investment inflows and ...
Reuters

Shell writes down Namibia oil discovery in blow to country

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 needs big discovery or deals as oil, gas reserves dwindle

By Shadia Nasralla and Stephanie Kelly LONDON, Feb 9 (Reuters) - Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 barrels of oil ...
Reuters

Shell prepares to launch new drilling campaign offshore Namibia

CAPE TOWN, Dec 11 (Reuters) - Shell (SHEL.L), opens new tab is preparing to launch a new drilling campaign in the PEL 39 exploration block offshore Namibia from April 2026 with its partners ...