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    O&G Journal: OMV, Murphy acquire blocks offshore Namibia

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Summary

OMV AG and Murphy Luderitz Oil Co. Ltd. have acquired 65% interest in Blocks 2613A and 2613B offshore Namibia from Brazil’s Cowan Petroleum.

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Press Notes, Africa

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O&G Journal: OMV, Murphy acquire blocks offshore Namibia

OMV AG and Murphy Luderitz Oil Co. Ltd. have acquired 65% interest in Blocks 2613A and 2613B offshore Namibia from Brazil’s Cowan Petroleum.

Murphy will operate the joint venture with 40% interest, OMV will hold 25% interest, Cowan will retain 20%, and the remaining 15% will be held by Namibian national oil company Namcor.

The joint venture partners will conduct an extensive 3D seismic program starting in the second quarter.

 

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