BW Energy is presenting at the Pareto Securities' E&P Independents Conference in London today. Please see the attached presentation. For further information, please contact: Brice Morlot, CFO BW ...

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Energy major Shell has announced that oil discovered offshore Namibia in Petroleum Exploration License (PEL) 39 cannot be ...

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 ...

This decision, while significant, does not dampen the overall optimism surrounding Namibia’s oil and gas sector ... is actively drilling in PEL 85. Chevron, after acquiring a majority stake in PEL 82, ...

UK-based energy major Shell (LON:SHEL) has dampened expectations about Namibia’s oil bounty after writing off almost $400 million on wells drilled in its PEL-39 in the South African country ...

The Ministry of Mines and Energy emphasizes that Shell's decision to write down the discoveries will not significantly impact Namibia's oil and gas development. It is not a setback. We are positive ...

Namibia still offers significant potential in ... Meanwhile, Rhino Resources will begin drilling activities at PEL 85 in Q1, 2025, with plans to drill two high-impact wells. The Orange Basin ...

In an emailed statement, Shell said it has drilled six exploration and three appraisal wells across PEL 39, “more than in any other exploration block in Namibia,” stressing that it continues ...