Yahoo Finance

Shell Balances Namibia Oil Find With Major Raízen Restructuring Bet

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Shell’s $400 million write-down dashes Namibia’s oil industry hopes

Shell’s $400 million write-down and departure from Namibia’s offshore oil and gas exploration blocks has dented the southern African country’s hopes for an economic boost from investment inflows and ...
Reuters

Shell writes down Namibia oil discovery in blow to country

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 ...
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Shell-led partnership finds oil at Namibia’s PEL 0039 with Merlin-1X

Shell and its partners QatarEnergy and NAMCOR have made an oil discovery at Petroleum Exploration Licence 0039 (PEL 0039) offshore Namibia following the drilling of the Merlin-1X exploration well. The ...