Familiarisation trip on board Maersk Drilling Rig

Caption:  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.

 

 

The trip provided a worthwhile opportunity to NAMCOR and MME staff members to visit a drilling rig for the first time as well as familiarise themselves with oil and gas procedures on board a rig. The Maesrk drilling rig is comprised of crew from all over the world and the junior staff are always locally employed staff.

 

E&P Achieves N$20 Million Data Sales

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

 

Sales stand at a staggering N$22 537 458.27. A combination of efforts ranging from participation in carefully selected international oil and gas conferences, advertising in international oil and gas publications and specialised data promotional packages contributed to this commendable achievement.

E & P Spearheads Major block valuation project

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

 

The Prospect Inventory Project which is being implemented for the rst time in the E & P department, aims to identify blocks that demonstrate high value. It will assist Government to put value on the blocks, allowing it opportunity to devote its energies appropriately. It will also provide NAMCOR with key technical insight in order to make informed decisions when applying for new blocks.

 

The department also views the exercise as a key capacity building opportunity, as it has challenged staff to actively research on areas they have done little or no research on. Schlumberger gives Petrel software support which is used for data interpretation of this project.

Cooperative Muratori Cementisti Ravanna (CMC)/Otesa JV

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

 

As part of the customer value proposition. OTESA was recently awarded the tender (Phase 2), to upgrade the road between Windhoek and Okahandja. Eni Lubricants, manufactured in Italy, are sup- plied by NAMCOR to OTESA to compliment the fuel sales.