Patrick Pouyanne says Tamboti’s permeability is ’not good’, although exploration sources say fracking and horizontal drilling ...

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PEL 82 governs blocks 2112B AND 2212A located in the Walvis Basin, offshore Namibia. PEL 82 is one of the Walvis Basin's most ...

Namibia’s Mines and Energy Ministry has downplayed the impact of energy company Shell recent $400-million write-down on its offshore oil discoveries, stating that the country it remains ...

Ltd. ("Custos" or the "Company") is pleased to announce the completion of the previously announced farm-in by Chevron Namibia ...

LONDON - Shell will write down around $400-million overan oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country's efforts to become a crude ...

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 ...

REUTERS/Toby Melville/File Photo LONDON, Jan 8 (Reuters) – Shell SHEL.L will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in ...