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

Namibia’s promising oil story was dealt a hapless blow last week when Shell wrote off some R7.6 billion it invested in exploration off the coast of the neighbouring ...

Galp Energia appoints board members Maria Joao Carioca and Joao Diogo Marques Da Silva as interim co-CEOs after CEO Filipe ...

Galp, Chevron, Rhino Resources and Azule Energy, a joint venture between Italy’s Eni and BP, are all planning to drill exploration wells in Namibia this year. TotalEnergies plans to make a ...

Namibia’s Mines and Energy Ministry has downplayed the impact of energy company Shell recent $400-million write-down on its offshore oil discoveries, stating that the country it remains ...

Energy major Shell has announced that oil discovered offshore Namibia in Petroleum Exploration License (PEL) 39 cannot be ...

There have been several oil explorations by major oil conglomerates in the Southern African country of Namibia in recent years. Shell has announced a $400 million write-down related to an offshore oil ...

Shell seeks commericality after roughly $400 million write off Shell, TotalEnergies, Galp, Chevron vie to produce in Namibia Shell Plc is still seeking commercial pathways to oil production in Namibia ...

Overview: Galp Energia SGPS operates as an integrated energy company in Portugal and internationally, with a market cap of €11.18 billion. Operations: Galp Energia SGPS generates revenue through its ...

including recent success by Portuguese firm Galp in a different offshore license. The company’s retreat from Namibia coincides with additional write-offs, including $300 million related to exploration ...