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Shell Drills On in Namibia as Investors Cluster Around Orange Basin Discoveries...
13 Apr, 2026 13:54 44 min read
Shell has begun drilling the Merlin-1X exploration well in Namibia’s Orange Basin, marking its return after a $400 million write-down in 2025. This operation is part of broader exploration efforts since 2022, testing the commercial viability of remaining prospects.... More