Murphy, OMV take charge of blocks offshore Namibia

April 3, 2014
Murphy Oil and OMV have agreed to farm into 65% of two exploration blocks offshore Namibia from current operator Cowan Petroleum.

Offshore staff

VIENNA, Austria – Murphy Oil and OMV have agreed to farm into 65% of two exploration blocks offshore Namibia from current operator Cowan Petroleum.

Blocks 2613A and 2613B are in the 11,000-sq km (4,247-sq mi) PEL 046 permit.

Murphy Luderitz Oil will operate with 40% with OMV assigned 25%. Brazilian company Cowan will retain 20%, with the remaining 15% held by Namibia’s national oil company NAMCOR.

The partners plan an extensive3D seismic campaign starting in the current quarter.

04/03/2014