Under the deal, Itochu will pay 40% of the costs of two appraisal wells, as well as development funding depending on the extent of the reserves uncovered. Tullow said the deal had Namibian government ...

BW Energy has announced that the Kharas-1 appraisal well, drilled within the Kudu licence offshore Namibia, has reached its total planned depth, intersecting multiple geological formations. The well’s ...

BW Kudu Ltd., a wholly owned subsidiary of BW Energy Ltd. and the National Petroleum Corporation of Namibia, signed a farm-in and carry agreement to increase its working interest in the Kudu license ...

Windhoek — Efforts to develop the Kudu gas project off the southwestern coast of Namibia near Oranjemund is hampered by the failure to reach commercial agreements with gas buyers. Tullow Kudu ...

Namibia’s challenging Kudu gas field does not have an outlet for its gas, but Russian giant Gazprom, Tullow Oil’s new partner in the project appears confident that the gas-to-power scheme will ...