Namibia: BW Offshore postpones Kudu FID
In depth
Issue 361
- 18 Jan 2018
| 4 minute read
Norway’s BW Offshore has postponed the target date for a final investment decision (FID) on the Kudu gas development to mid-year, as the project continues to seek financing in the face of Namibia’s reluctance to provide bank guarantees. In its present configuration, the offshore gas field will be developed to supply a 442MW power plant, half the size previously planned.
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