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flag BW Energy finds oil and gas in Namibia’s Kudu block, paving way for potential power plant and regional exports.

flag 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. flag The well intersected a deeper fractured volcaniclastic reservoir with hydrocarbons, alongside shallow turbidite zones containing dry gas. flag The results validate a functioning petroleum system and support a planned Final Investment Decision by late 2026. flag The company, holding a 95% interest, will use the data to guide future appraisal of high-value targets. flag The project could supply up to 60% of Namibia’s electricity via a planned 420 MW power plant, with potential for regional energy exports.

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