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Shell writes down $400 million on Namibia oil discovery Technical challenges hinder Shell’s Namibia oil development Namibia remains optimistic about future oil exploration The logo of British ...

Shell says it remains committed to offshore exploration in Namibia, as industry stakeholders raise concerns over local exclusion and long-term investment conditions. The company says it will continue ...

Shell is in the early stages of exploring for offshore oil and gas in PEL 0039. Eugene Okpere, a Shell EVP, said "these are encouraging results that add to our understanding of the Orange Basin ...

LONDON, Aug 31 (Reuters) - Shell's SHEL.L Cullinan-1X exploration well offshore Namibia did not make a commercial oil and gas discovery, the company said on Thursday. Namibia, which has yet to produce ...

Shell will write down around $400m over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country's efforts to become a crude producer. Shell ...