Shell's write-down not impacting Namibia's development for oil: Alweendo

NAMPA

2025-01-10

20 August 2024 - Mines and Energy Minister Tom Alweendo pictured during his stakeholder engagement in the Zambezi Region (Photo: Contributed)

WINDHOEK, 10 JAN (NAMPA) –Mines and Energy Minister Tom Alweendo on Friday said Shell’s write-down for an offshore oil discovery will not significantly impact Namibia’s development of oil and gas.
This follows Shell’s announcement that it will write down around US.dollars 400 million (approximately N.dollars 7.5 billion) over an oil discovery offshore Namibia that it deemed commercially unviable.
The company said oil and gas resources discovered...

Restricted content

Namibia development resources

Oil & Gas

Uanguta calls for stronger institutions ahead of Namibia’s oil production

2026-09-24 15:30:53

Amutse urges Namibia to turn pre-oil preparation into tangible benefits

2026-09-24 12:39:05

Namibia urged to strengthen public participation in critical minerals development

2026-09-22 17:01:10

Petrofund, SAIPEM sign MoU to boost local talent in oil and gas

2026-09-22 10:47:16

Kenya, DRC urge infrastructure planning for African industrialisation

2026-09-10 16:43:30

Dâures fertiliser project secures N$60 million funding

2026-09-10 14:10:53

Namibia shifts green hydrogen agenda towards green industrialisation

2026-09-09 16:36:09

EAN calls for strong foundations to prevent resource curse

2026-08-21 07:22:52

Shilunga calls for oil wealth to drive lasting economic transformation

2026-08-20 14:16:11

Amutse reaffirms local content as key to oil and gas benefits

2026-08-19 16:02:33

Nandi-Ndaitwah calls on oil and gas operators to prioritise local content

2026-08-19 14:48:13

Latest NAMPA photos

OKONDJATU, 30 September 2026 - The Government has allocated N$305 million under the Medium-Term Expenditure Framework to upgrade the extensive 224-kilometre Okondjatu-Hochfeld-Otjozondu-Okahandja road corridor. (Photo: Contributed) NAMPA

NAMPA

WINDHOEK, 30 September 2026 - NamPower Managing Director Kahenge Haulofu speaking at the launch of NamPower's Integrated Strategic Business Plan (ISBP) on Tuesday. (Photo by: Chelva Wells) NAMPA

NAMPA

WINDHOEK, 30 September 2026 - NamPower board deputy chairperson Paulina Elago speaking at the launch of NamPower's Integrated Strategic Business Plan (ISBP) 2026-2030 on Tuesday. (Photo by: Chelva Wells) NAMPA

NAMPA

SWAKOPMUND, 29 September 2026 - Erongo Governor Natalia /Goagoses (r) and Erongo Education Deputy Director Natalia Guriras attending the region’s first ever Education Infrastructure Investment Conference in Swakopmund on Tuesday. (Photo by: Isabel Bento) NAMPA

NAMPA

OPUWO, 30 September 2026 - Kunene Governor Vipuakuje Muharukua delivers his remarks during the Namibia-Germany Development Cooperation Consultations on Tuesday. (Photo: Kaviveterue Virere) NAMPA

NAMPA

UTUSEB, 24 May 2024 - The matron’s accommodation and storeroom at the JP Brand Primary school had burnt down in 2024. The School Principal Anna Josti stands by the fire ruins and had called on stakeholders to come onboard and repair the damages. MTC Namibia donated to the course by constructing a block of two classrooms, storerooms and renovations to existing structures through the MTC Rural Schools Project. (Photo by: Isabel Bento) NAMPA

NAMPA

ONDANGWA, 29 September 2026 - Member of Parliament Willem Amutenya. (Photo: Contributed)

NAMPA

SHARUKWE, 28 September 2026 - Kavango West Governor Verna Sinimbo and Sharukwe Combined School principal Alberth Mutesi pictured during a school visit by the governor on Monday. (Photo: Lylie Joel) NAMPA

NAMPA