Shell to resume exploration on Namibia’s PEL 39 with five new wells planned for 2026
Shell will restart offshore exploration on Namibia’s PEL 39 block in April 2026 with a five-well drilling programme targeting previously discovered zones, despite a recent $400mn impairment.
| Sector | Pétrole, Gaz, Exploration production, Exploration production |
|---|---|
| Theme | Investissements & Transactions, Partenariats commerciaux |
Shell plans to resume exploration on the PEL 39 oil block in the Orange Basin, offshore Namibia, with a new drilling campaign scheduled to begin in April 2026. The operation will include five additional exploration wells aimed at collecting more data on the block’s commercial potential, which had generated significant interest following several discoveries.
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