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 ...

HighlightsLarge-scale, C$20M technical program to be completed during 2025.Transforming Haib into a top-tier, high quality, low risk copper ...

Shell made headlines in 2022 with the discovery ... Block 2913B, following the expansion of its interests in both blocks in 2024. First oil is targeted for 2029. Other players, including Woodside ...

Shell told Reuters that discovered oil and gas resources in offshore block PEL39 in Namibia ... several other discoveries. More recently, Portuguese oil company Galp also made a major discovery ...

Shell told Reuters that discovered oil and gas resources in offshore block PEL39 in Namibia "cannot ... making several other discoveries. More recently, Portuguese oil company Galp also made ...

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 deepwater block.

Shell made headlines in 2022 with the discovery ... blocks in 2024. First oil is targeted for 2029. Other players, including Woodside Energy, Galp and Rhino Resources continue to explore ...

The Ministry of Mines and energy of the Republic of Namibia ... oil targeted for 2029. Concurrently, Galp seeks to bring in another partner on the Mopane complex, following two discoveries ...

Shell told Reuters that discovered oil and gas resources in offshore block PEL39 in Namibia "cannot currently ... making several other discoveries. More recently, Portuguese oil company Galp also made ...