Shell has determined that an oil discovery off the coast of Namibia is not commercially viable, leading to a projected ...

Shell writes off $400M for failed oil and gas discoveries in Namibia's offshore Orange basin, faces technical and geological ...

SHEL deems the oil discovery located in Namibia's offshore block PEL 39 commercially infeasible for development.

Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a ...

Shell will write down around $400 million in its fourth quarter results relating mainly to an oil and gas discovery offshore ...

After drilling nine wells offshore of Namibia, the oil major said the finds are not commercially viable to develop. But it's ...

Energy Minister Tom Alweendo calls Shell's write-down 'unfortunate,' as Namcor says partners want to undertake more ...

Namibia’s Mines and Energy Ministry has downplayed the impact of energy company Shell recent $400-million write-down on its ...

Supermajor says write-off is ‘accounting process’; licence still has oil and gas potential; and looks for other Namibia ...

Shell and its partners in Namibia were now exploring other opportunities and pathways towards development of oil and gas ...

Shell is still looking for further opportunities in Namibia despite writing off US$400 million from exploration activities ...