BW Energy doubles down on Namibia’s Kudu gas project

摘要

London—Norway’s BW Energy is looking to almost double its stake in Namibia’s beleaguered Kudu project as it seeks to formulate a plan towards first gas, more than 45 years after the field was first discovered. BW Kudu Limited, a wholly owned subsidiary of BW Energy said Jan. 14 it will increase its interest from 56% to 95% in the Kudu project while state-owned Namcor will retain a 5% stake.