Shell’s Namibia Exploration Well Fails to Discover Oil, Gas

Emmanuel Addeh in Abuja

Shell’s exploration well offshore Namibia did not make a commercial oil and gas discovery, the company has said.

Namibia, which has yet to produce any oil and gas, has attracted strong interest from international companies after Shell and TotalEnergies recently made discoveries off the coast of the southern African country, a Reuters report said.

“The well did not make a discovery, however we are encouraged to have found indications of a working petroleum system in this previously untested area of our licence,” Shell said in a statement.

The well was plugged and abandoned and Shell will now analyse the data gathered before deciding on any follow-up activity, it said.