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Shell declares discovery unviable

The country’s aspirations to become a crude producer have been severely hampered by Shell’s statement that it will write down almost $400 million related to an oil discovery offshore Namibia that was determined to be financially unviable. The ruling emphasizes Namibia’s offshore hydrocarbon deposits’ enormous potential as well as their …

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Trigon Metals identifies increased ore-body along Kombat

Trigon Metals latest results from its recent underground drilling efforts at Shaft 1 of the Kombat Mine has highlighted the potential for additional mineable tonnes. The latest findings, conducted across Levels 1, 3, and 4, have extended the known mineralization in areas adjacent to historic workings, highlighting the potential for …

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NAMCOR announces significant progress in offshore Namibia Exploration.

The National Petroleum Corporation of Namibia (NAMCOR) has announced significant updates on offshore exploration, appraisal, and development activities in the Orange Basin, one of the world’s most promising oil and gas regions. These developments span several blocks, with joint ventures and operators advancing exploration and appraisal campaigns to unlock the …

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