Shell 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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Oil giant, Shell has dealt a severe blow to Namibia’s aspirations of becoming a crude oil producer by announcing plans to write off approximately US$400 million tied to its offshore oil discovery in block PEL39.
Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern...
Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern...
Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern...
Shell will write down around $400-million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern...
The Ministry of Mines and Energy says Shell’s US$400-million oil exploration write-off will not derail Namibia’s oil aspirations. According to the...
SHEL deems the oil discovery located in Namibia's offshore block PEL 39 commercially infeasible for development.
Petroleum giant, Shell, is treading carefully on their Orange Basin discovery, saying they have written down N$400 million, since it is not possible...