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.
Namibia, one of the world’s largest uranium producers, is seeking investment from China in nuclear power to boost its role in the global push to clean energy. “We want to add value to our ...
Galp Energia, SGPS, S.A. GLPEY, a Portuguese integrated energy firm, recently announced a remarkable discovery of oil and gas in Namibia's Orange Basin under its Petroleum Exploration License 83 ...
Shell will write down around $400m 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.
Welcome to the Namibian Dollar exchange rate & live currency converter page. The Namibian Dollar (NAD) exchange rates represented on this page are live, updated every minute within the forex ...
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 ...