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

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

Fourth NOGC commences in Windhoek

2026-08-18 14:12:36

Cabinet approves petroleum local content policy

2026-08-14 15:54:42

NOGC, NYEF renew partnership to advance youth participation in energy sector

2026-08-03 16:26:15

Oshana hosts public consultations on draft Nuclear Bill

2026-07-13 17:51:46

Nkurenkuru hosts draft nuclear bill regional consultation

2026-07-08 18:31:45

Green hydrogen must create jobs and industries in Namibia: UNIDO

2026-07-08 17:57:32

Namibia launches GEF-UNIDO project to advance green hydrogen ambitions

2026-07-08 16:51:16

Latest NAMPA photos

WINDHOEK, 26 August 2026 – President Netumbo Nandi-Ndaitwah addressing the crowd during the Heroes Day commemoration in Windhoek on Wednesday. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA

WINDHOEK, 26 August 2026 – Namibian leaders (from left): Vice President Lucia Witbooi, President Netumbo Nandi-Ndaitwah, First Gentleman retired Army General Epapharas Ndenga Ndaitwah, and Prime Minister Elijah Ngurare, pictured during the Heroes Day commemoration in Windhoek on Wednesday. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA

WINDHOEK, 26 August 2026 - President Netumbo Nandi-Ndaitwah has granted national hero status to 16-year-old Cornelius Tulotokela Shimwaafeni, making him the youngest recipient in history. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA

ONGWEDIVA, 26 August 2026 - The Namibia Financial Institutions Supervisory Authority (NAMFISA) mobile office at the 25th edition of the Ongwediva Annual Trade Fair. (Photo: Ali Negumbo) NAMPA

NAMPA

WINDHOEK 26 August 2026 - Bank Windhoek Managing Director, James Chapman. (Photo: Contributed) NAMPA

NAMPA

OSHIKUNDE, 17 August 2026 - Former war veterans who were injured in the armed liberation struggle, Anna Thomas and her husband, Julius Petrus, at their home in Omutwewomunhu village, Oshikunde Constituency. (Photo: Eba Kandovazu) NAMPA

NAMPA

WINDHOEK, 25 August 2026 - Communications Regulatory Authority of Namibia (CRAN) Manager for Licensing, Standards and Regulatory Compliance, Sheleen Kavikairiua. (Photo: Contributed) NAMPA

NAMPA

ONDANGWA, 25 August 2026 - Emilia Nghikembua, Communications Regulatory Authority of Namibia's (CRAN) Chief Executive Officer (L); Silvester Wayiti, NORED’s Chief Executive Officer (R) signed a Memorandum of Understanding (MoU) to advance infrastructure developmet. (Photo: Contributed) NAMPA

NAMPA