Oslo-listed player BW Energy has concluded a deal to boost its stake in the 47-year old Kudu gas discovery off Namibia, a move it hopes will help pave the way to finally exploit the field's 1.3 trillion cubic feet of resources.

For years, Kudu's base case development plan has involved subsea wells feeding gas to a floating production system — provided by BW Energy's sister company BW Offshore — where the condensate would be stripped out for export, leaving the gas to be piped 170 kilometres to shore to a newbuild 440-megawatt power plant.