Pressdia Ad

Shell Prepares to Launch New Drilling Campaign Offshore Namibia

Shell is moving ahead with preparations for a new offshore drilling campaign in Namibia’s Orange Basin, reinforcing its long-term interest in one of Africa’s most closely watched exploration frontiers. The company is targeting April 2026 for the start of operations in Petroleum Exploration Licence PEL 39, according to Reuters.

Shell’s Namibia country chair, Eduardo Rodriguez, confirmed that the Deepsea Mira semi-submersible rig has been contracted for the programme. The rig, owned by Northern Ocean Ltd and managed by Odfjell Drilling, will undertake the first well with the possibility of additional drilling as the campaign progresses, as highlighted by Mining & Energy Namibia.

The renewed activity follows a four hundred million dollar write down earlier in 2025 after some discoveries in the licence were assessed as not yet commercially viable. Industry analysts noted that despite the setback, Shell’s decision to return to the basin reflects its confidence in the region’s longer term potential. This view was reiterated in technical commentary published by The Extractor Magazine.

Namibia has not yet recorded commercial oil production, but authorities have stated that the first output is expected before the end of the decade as interest from global players continues to rise. According to Namibia’s mining and energy publications, Shell’s campaign forms part of a wider wave of exploration activity by international majors seeking to unlock the basin’s deepwater prospects.

Pressdia Ad

Subscribe to Newsletter

Get the latest in luxury, business, and elite trends—subscribe now!

Pressdia Ad

Subscribe

Latest Posts

Uganda Opens Dangote Refinery IPO to Domestic Investors

Uganda has approved the marketing and distribution of shares in Dangote...

Nigeria Opens 2026 Licensing Round With 40 Oil and Gas Blocks

Nigeria has launched its 2026 oil and gas licensing round, putting...

South Africa Prioritises 9.6GW Battery Storage and Gas to Power Projects

South Africa is set to prioritise 9.6 gigawatts of battery energy...

JAMB Plans Ottawa UTME Centre for Nigerians in North America From 2027

The Joint Admissions and Matriculation Board is working towards establishing a...

Femi Adebayo Unveils Euphoria 360 Hub to Strengthen Lagos Film and Media Industry

Nollywood actor and filmmaker Femi Adebayo has unveiled Euphoria 360 Hub,...

Amazon Secures Six Year Global Emmy Deal as Awards Show Moves to Free Streaming

Amazon’s Prime Video will become the exclusive global home of the...

Tems and Tyla Earn Soul Train Awards Nominations as African R&B Gains Global Recognition

Nigerian singer Tems and South African star Tyla have earned nominations...

Meet Adejoké Bakare The Self Taught Chef Taking West African Cuisine to the World

Adejoké “Joké” Bakare has transformed a passion for West African food...

Crimson Bar & Grill Cairo: Elevated Dining by the Nile

Crimson Bar & Grill brings together rooftop dining, contemporary interiors and...

5 Nigerian Digital Movie Review Creators Changing How We Watch Films

The way audiences discover, discuss and judge films is changing. Across...

Related Posts

Uganda Opens Dangote Refinery IPO to Domestic Investors

Uganda has approved the marketing and distribution of shares...

Nigeria Opens 2026 Licensing Round With 40 Oil and Gas Blocks

Nigeria has launched its 2026 oil and gas licensing...

JAMB Plans Ottawa UTME Centre for Nigerians in North America From 2027

The Joint Admissions and Matriculation Board is working towards...

LEAVE A REPLY

Please enter your comment!
Please enter your name here