Report summaryNamibia's upstream industry is in its early stages. Less than 40 wells have been drilled to date and only one sub-commercial discovery has been made. The Kudu gas field was found by Chevron in 1974. No operator has been able to develop the field because they have not been able to identify a suitable market for the gas.That said, interest in deepwater Namibia had revived in the last five years. BP acquired acreage in 2011 and significantly increased its position during 2012, while Repsol ...
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