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 will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a ...

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

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

With Shell writing down a $400m investment, and Chevron backing out, questions arise about Namibia’s hopes to become a ...

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

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

Strong contender comes to the fore in fight to provide a big production vessel for ultra-deepwater Venus development in ...

Shell, facing technical and geological challenges in extracting resources from its PEL39 block, determined that the ...

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 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 ...