Namibia: Shell Still Has Hopes for Namibia

Shell says it remains committed to offshore exploration in Namibia, as industry stakeholders raise concerns over local exclusion and long-term investment conditions.

The company says it will continue exploring in Namibia through PEL 39 in 2026.

“This activity reflects Shell’s continued commitment to responsibly exploring Namibia’s offshore potential in close partnership with QatarEnergy and the National Petroleum Corporation of Namibia (Namcor),” Shell says.

Shell chief executive Wael Sawan says…