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

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

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

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

Shell will write down around $400 million 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 has determined that an oil discovery off the coast of Namibia is not commercially viable, leading to a projected write-down of around $400m (£325.52m), reported Reuters. This decision is a ...

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

Shell is still looking for further opportunities in Namibia despite writing off $400 million from exploration activities offshore of the southern African country. The company told Business Report ...

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

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