EnergyReader · 2026-08-06 18:02

Shell's Merlin Find Revives Namibia Orange Basin as TotalEnergies Targets 2030 First Oil

By EnergyReader Newsroom · August 6, 2026

Shell has declared the Merlin-1X well offshore Namibia its "most promising" result on licence PEL 39 — the same block where the company booked a $400 million impairment in January 2025 following engineering failures at the Graff-1X and Jonker-1X wells. The turnaround matters for more than one company's balance sheet.

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