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Oil & Gas

Namcor reports major advancements in oil exploration

by reporter
August 14, 2025
in Oil & Gas
Reading Time: 1 min read
1.7k 131
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The National Petroleum Corporation of Namibia (Namcor) says significant progress is being made in oil and gas exploration across the country, with the Kharas appraisal well in the Kudu Field (PPL 003) set for drilling in the third quarter of 2025 in partnership with BW Energy.

Acting Managing Director Victoria Sibeya said the well will be used to gather detailed data on reservoir quality, recoverable volumes and future production potential.

“Across our PELs, work programmes are advancing, for example: PPL 003 (Kudu) – preparing to drill Kharas appraisal well in Q3 2025,” she said at the Namibia Oil and Gas Conference.

The Kudu gas discovery, made in April 1974, is operated by BW Kudu with a 95% interest, while Namcor holds 5% on a free carry basis until the final investment decision and retains a 5% back-in right. The development strategy is aimed at supplying gas for power generation.

Sibeya said exploration activity is also advancing in other offshore basins, including Lüderitz, Walvis and Namibe, where oil recovery from the Wingat-1 well has confirmed key petroleum system elements.

“Our focus now is to address uncertainties around charge and reservoir quality, integrating lessons from Orange Basin to de-risk new prospects in the northern basins,” she said.

Onshore operations include the drilling of the Kavango West-1 well in the Okavango sub-basin (PEL 73) and expanded seismic surveys in the Owambo Basin (PEL 93).

Sibeya stressed that all activities will be conducted responsibly and sustainably, with the goal of building “a fully integrated oil and gas value chain that delivers upstream success, midstream infrastructure, downstream growth, and domestic energy security.”

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