Tag: Shell

Namibia to pocket oil billions only after 2031 despite its new light oil discovery

March 9, 2023

Namibia has made its third light oil discovery 270 km off its coast in the Orange Basin, though experts say the southern African country will ... Read More

Shell to pay 15m euros in compensation to Nigerian farmers over oil spills

December 28, 2022

Shell will pay 15 million euros in compensation to Nigerian farmers for oil spills that severely polluted three villages in the Niger Delta, the oil ... Read More

Shell acquires Nigeria’s Daystar to enter African renewable energy market

September 29, 2022

The acquisition of Nigeria-based Daystar Power by Shell is significant for the UK-headquartered oil giant, which has long been active in the continent’s hydrocarbons market, ... Read More

Namibia’s dilemma: green energy champion or oil-producing nation

September 21, 2022

Namibia’s first 'green hydrogen' power plant — and also first one being built in Africa — which is expected to begin producing electricity in 2024, ... Read More

TotalEnergies eyes production license for its offshore South Africa block

September 12, 2022

The French energy giant TotalEnergies has submitted an application to convert its exploration right offshore South Africa into a production right and the country’s authorities ... Read More

Namibia: Oil discoveries by Shell and Total are likely in billions of barrels

September 6, 2022

Namibian offshore oil and gas discoveries by the energy giants TotalEnergies and Shell are of commercial quantities, likely in the billions of barrels, the southern ... Read More

Oil: Shell, NNPC launch $10bn deep-water project in Nigeria

February 15, 2019

The Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCo) have invited bidders to tender for a $10 billion deep-water project ... Read More

Algeria to conclude oil deal with Exxon Mobile

January 17, 2019

The government Algeria will conclude its deal with Exxon Mobil Corp and set up a trade joint venture with an international company before the first ... Read More

Egypt Inks $1 bln Oil & Gas Deal with Shell, Petronas

September 17, 2018

The government of Egypt last weekend signed a deep-water oil and gas exploration deal with Royal Dutch Shell and Malaysia’s Petronas worth around $1 billion ... Read More

Shell to Explore Oil & Gas offshore Mauritania

July 29, 2018

Shell will set up an office in Nouakchott to begin exploring hydrocarbons off shore the West African country. Under an agreement reached between the two ... Read More