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

US to boost investment and energy cooperation with Namibia

2026-04-03 12:41:30

Mines minister orders fuel companies to not withhold supplies

2026-03-31 20:51:34

Fuel prices go up in April

2026-03-27 15:00:56

Transnamib welcomes pilot hydrogen-powered locomotives

2026-03-27 10:53:44

Fuel supplies stable, ministry says

2026-03-21 00:58:07

Oil and gas boom places pressure on Namibia’s legal sector : Kauta

2026-03-06 09:43:08

ReconNamibia hosts send-off for STEM scholarship graduates

2026-02-20 15:16:49

Nasan Energies finalising strategic divestiture acquisition

2026-02-18 10:52:08

Amutse to deliver keynote address at NIEC

2026-02-17 13:40:43

State’s attempt to appeal Willemse’s bail fails

2026-02-16 11:02:48

American officials tour Walvis Bay energy facility

2026-02-13 07:41:35

Latest NAMPA photos

KEETMANSHOOP, 06 April 2026 - The Erongo Region's Under-20 football team and Kavango East netball team pictured after being crowned winners of the 2026 Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. Erongo won the match 2-1 against Kunene while Kavango defeated Khomas 35-28. (Photo by: Hesron Kapanga) NAMPA

NAMPA

KEETMANSHOOP, 06 April 2026 - The Erongo Region's football team pictured after being crowned winners of the 2026 Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. Erongo won the match 2-1 against Kunene. (Photo by: Hesron Kapanga) NAMPA

NAMPA

KEETMANSHOOP, 06 April 2026 - Erongo's Under-20 football team poses for a picture for after being crowned winners of the 2026 Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. Erongo won the match 2-1 against Kunene. (Photo by: Hesron Kapanga) NAMPA

NAMPA

KEETMANSHOOP, 06 April 2026 - The Kavango East Region was crowned the winner of the 2026 Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. (Photo by: Hesron Kapanga) NAMPA

NAMPA

KEETMANSHOOP, 06 April 2026 - The Kavango East Region was crowned the winner of the 2026 Nedbank Namibian Newspaper Cup at the Westdene Stadium in Keetmanshoop. (Photo by: Hesron Kapanga) NAMPA

NAMPA