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BW Energy finds oil and gas in Namibia’s Kudu block, paving way for potential power plant and regional exports.
BW Energy has confirmed the first discovery of liquid hydrocarbons—condensate and/or light oil—in Namibia’s Kudu offshore block, following the completion of the Kharas-1 appraisal well drilled to 5,100 meters.
The well intersected a deeper fractured volcaniclastic reservoir with hydrocarbons, alongside shallow turbidite zones containing dry gas.
The results validate a functioning petroleum system and support a planned Final Investment Decision by late 2026.
The company, holding a 95% interest, will use the data to guide future appraisal of high-value targets.
The project could supply up to 60% of Namibia’s electricity via a planned 420 MW power plant, with potential for regional energy exports.
BW Energy encuentra petróleo y gas en el bloque Kudu de Namibia, allanando el camino para potenciales plantas de energía y exportaciones regionales.