Exploring & Fuelling Namibia

News

The Ministry of Mines and Energy announces that fuel pump prices will increase on the 6th September 2017 at 00h01.

The Ministry of Mines and Energy has to announce that petrol and diesel pump prices for July will decrease on the 5th of July 2017, at 00h01.

 

 

The Commercial Business Unit landed OTESA as a new customer and has supplied the company with 2 × 26,000 litres of self-bunded tanks.

 

 

 

UNIK Construction Engineering Namibia is another client the CBU team was successful in attracting.

 

 

A high level team headed by the Managing Director Immanuel Mulunga, visited the Otjiwarongo Depot recently.

 

 

 

NAMCOR in conjunction with SASOL Oil Ltd presented a lubricant product awareness campaign to create brand awareness and information sharing session on the products on offer in the southern part of Namibia, as well as some of the technical specifications and the application thereof.

 

 

 

This is the annual Nedbank cycle challenge which took place on the 9 – 10 December 2016.

 

 

The Swakopmund Municipality arranged a Charity Ball which is hosted every 2nd year to raise funds which provides assistance to families, individuals and organisations in Swakopmund where a real need exists.

 

 

 

NAMCOR in partnership with Shared Petroleum sponsored medical supplies to the value of N$ 10,000.00 to the Otavi People with Disabilities Association as part of a joint social responsibility.

 

 

 

The Commercial Business Unit has acquired a new client Zhongmei Engineering Group.

 

 

The Exploration & Production reached its WIG of N$20 400 million data sales.

 

 

 

NAMCOR’s Managing Director Immanuel Mulunga was recently honoured with a Life Time Achievement Award, by organisers of Africa Oil Week in Cape Town, South Africa.

 

 

 

On the 29 June 2016 to 1 July 2016 NAMCOR staff members together with the Directorate of Petroleum Affairs in the Ministry of Mines and Energy undertook a trip on board the Maersk Drilling Rig.

 

 

NAMCOR’s bid to regain Langerheinrich Uranium (LHU) mine’s heavy fuel tender for another 5 years was successful.

 

 

NAMCOR participated in the just ended Ongwediva Trade Fair that took place on the 26 August 2016 – 3 September 2016.

 

 

The Managing Director Mr. Immanuel Mulunga hosted a business dinner on the side lines of the annual Ongwediva Trade Fair on 31 August 2016.

 

 

 

The Exploration & Production Department is involved in a project that will see more value being placed on high hydro- carbon potential blocks.

 

 

 

They are (from left) Barbara Omoregie (Director), Patrick Kauta (Chairman), Minister of Mines and Energy, Obeth Kandjoze, Anna Libana (Deputy Chairperson), Lorentha Harases (Director) and Dr Roger Swart (Director).

 

 

 

 

The National Petroleum Corporation of Namibia (NAMCOR) donated beds and mattresses worth over N$400, 000.00 to the Orotjitombo Primary School in the Kunene Region.

 

 

 

 

Namibia's success story in capacitating its local petroleum industry came under the spotlight at the 12th Annual Getenergy conference in London, England which took from the 16-17 March 2016.

 

Ranked number one in Africa for investment by the Global Petroleum Survey’s Policy Perceptions Index in 2015, Namibia presents an easy and business-friendly environment. With royalties set across the board at 5% and a number of investment incentives in place, including a VAT waiver and other tax advantages for oil and gas companies, Namibia has been able to attract a number of international players in recent years, including Repsol, Shell and Tullow Oil. As the country’s basins remain mostly unexplored, Namibia represents a great mixture of investor-friendly regulations and large untapped potential. So far, however, the exploration campaigns have revealed nothing but a string of dry wells.

Source (www.howwemadeitinafrica.com)

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