I am an energetic, passionate, and dedicated individual who strives for excellence in all. This is an average of over N$620 000 per. V (45%), QatarEnergy (45%) and Namcor (10%), and are exploring for oil on their PEL0039. Namibia; Core Values; Board of Directors; Executive Management; Stakeholders; National Legal Framework; Corporate Social ResponsibilityNational Petroleum Corporation of Namibia Pty Ltd 1 Aviation Road, Petroleum House, Private Bag 13196, Windhoek, Namibia. Shell will hold a 45 percent operated interest in the asset and the National Petroleum Corporation of Namibia (NAMCOR) will hold the remaining 10 percent stake. (previously known as Shell Exploration and Production (LXVIII) B. HERE IS TODAY’S BULLETIN FOR 08H00FRIDAY, 24 NOVEMBER 2023NAMIBIA PRESS AGENCY 1 (WINDHOEK, 24 NOV, NAMPA) - The National Petroleum Corporation of Namibia (Namcor)’s board of directors is. The purpose of the enterprise is to provide and maintain an adequate, reliable, competitive, safe and efficient gas service to customers at. You can see how this popup was set up in our step-by-step guide: //wppopupmaker. 10. Coupled with the Graff-1X and Venus-1X finds (made in 2022 merely. 7 June 2023. 1 Year Ago - 2022-10-24 01:00:00. Timoteus Ekandjo (Vice Chairperson) / Mr. You can see how this popup was set up in our step-by-step guide: //wppopupmaker. Cengas Windhoek. NAMCOR's main business is to ensure the optimum exploitation of Namibia's petroleum resources and meaningful Namibian participation in resulting business developments in petroleum related exploration activities. The construction of the multi-billion-dollar National Oil Storage Facility (NOSF) commenced in January 2015 under the Ministry of Mines and Energy and consists of a tanker jetty, multiple product pipelines and a terminal with a capacity of 75 million litres of combined petroleum products. Get the latest business insights from Dun &. Petroleum (Exploration and Production) Act, 1991 Namibia “Corporation” means the National Petroleum Corporation of Namibia (Proprietary) Limited incorporated and registered as a company in terms of the provisions of the Companies Act, 1973 (Act 61 of 1973); [The Companies Act 61 of 1973 has been replaced by the Companies Act 28 of. Previously, Diana was a Part-Time Tutor at The Hong Kong Polytechnic University and also held positions at Polytechnic of Namibia, Silnam IT Solutions, Silnam IT Solutions, Polytechnic of Namibia, Bank of Ann. Engage via Email. The discovery in the Jonker-1X deep-water exploration well, located anout 270 kilometres off the coast of , was made by a joint venture of , QatarEnergy and Namcor, the company announced on Monday. The Qatari national oil company has a stake of 45% in the PEL-39 licence. November 7, 2023 Cobus Theyse. Galp is operator of PEL 83 (80%) with partners the National Petroleum Corporation of Namibia (NAMCOR) (10%), and Custos Energy (10%). Complimentary to this,Whereas Shell Namibia Upstream B. Successfully led the implementation of a terminal management system. The recent allegations of impropriety and controversies surrounding the leadership of the National Petroleum Corporation of Namibia (Namcor) have sparked widespread concern. , or Namcor, posted a loss of 700 million Namibian dollars ($37 million) and said it faces “significant cash flow challenges” due to the lack of working. Namibia’s recent discovery of 11 billion barrels of crude oil is a potential game-changer for the nation, promising economic growth and regional energy supply. View Sauraya’s full profile See who you. Read More. Namibia is in the process of creating an overarching National Adaptation Plan, which will supply further detail for national adaptation priorities and implementation of long-term strategies. Once you get a positive response, make sure to find out about the interview process at National Petroleum Corporation of Namibia and prepare for tough questions. Source: AP Group Namibian national oil company Namcor is progressing plans to further develop the. V (45%), QatarEnergy (45%) and Namcor (10%), and are exploring for oil on their PEL0039. Petroleum products are mainly used in the transport sector which accounts for 44 % of the total final consumption. The Namibian government plans to fast-track the project for production to commence by 2026. The three are in a joint venture; Shell Namibia B. View Contact Info for Free. Under the helm of MD Immanuel Mulunga, indigenous petroleum corporation, NAMCOR, is intent on consolidating and growing its upstream and downstream activities while extending its reach across a variety of market sectors. The board chairperson, Jennifer Comalie, confirmed this. Since Managing Director Immanuel Mulunga took charge, the corporation. With a 10% interest in multiple international companies operating in the country, NAMCOR is ready to help Namibia become one of the leading petroleum-producing. 22 June 2023. National Petrolium Corporation of Namibia(NAMCOR) National Petroleum Corp. It offers various petroleum products and. Hercules oil rig arrives at Walvis Bay: The National Petroleum Corporation of Namibia (Namcor) welcomed the arrival of the Hercules semi-submersible… Liked by Immanuel Mulunga By 2030, #Guyana’s hydrocarbon production could reach about 1. com. The Namibian National Petroleum Corp. Namcor has stored Validus Energy’s petrol at the national oil Storage facility at Walvis Bay for N$21,6 million. In line with this goal, the National Petroleum Corporation of Namibia (NAMCOR) has joined Africa’s biggest energy event, the African Energy. The National Petroleum Corporation (NPC) is a statutory body set up with responsibility for the management of the distribution of natural gas supply in Barbados for domestic, commercial and industrial use. Managing Director Immanuel Mulunga says that this means “our peers and the international stakeholders. NAMCOR Annual Report 2012 1 Glossary of terms 2-3 Directors’ Responsibility for Financial Reporting 4 Directors’ Approval of the Annual Financial Statements 4 Managing Director’s and Chairman’s Report 5-15 Report of the Independent Auditors 18-19 Directors’ Report 20-22 Whereas Shell Namibia Upstream B. Last Update. V. Immanuel Mulunga (Managing Director) / Without a doubt, Article 100 of the Namibian Constitution states that ownership of all resources, including oil and gas within the borders of Namibia, belong to the Namibian people. Windhoek, Namibia —. Frequently Ask Questions. By Shelleygan Petersen. This is in stark contrast with the recent vaccination policy instituted by the National Petroleum Corporation of Namibia (Namcor), which required all staff to be. An online repository of publicly available oil, gas, and mining contracts. Extensive geologic field studies were completed over the last four years supporting the existence of excellent high-porosity reservoir rocks as well as soil sampling indicating the presence of crude oil derived from a carbonate source. Jennifer Comalie (Chairperson) / Mr. Prohibition on carrying out certain operations without licence 10. and Qatar Energy – announced the discovery of sizeable quantities of light oil in both primary and secondary targets at the Graff-1 well offshore Namibia late February 2022, ushering in a new era of hydrocarbon exploration and production. NAMCOR is the National Petroleum Corporation of Namibia and is a legally enacted entity with limited liability under the Namibian Companies Act of 1973. Jennifer Comalie was arrested at the company. Aron Tjihumino's Phone Number and Email. However, the government faces challenges in avoiding the resource curse that has. Two opposition parties. The National Petroleum Corporation of Namibia (Pty) Ltd “NAMCOR” and its subsidiaries are governed by a Board of Directors appointed by the Minister of Mines and Energy and it recognizes that good Corporate Governance is vital to the Organisation to ensure compliance with laws and legislative frameworks, and for accountability The National Petroleum Corporation of Namibia (NAMCOR) led a strategic workshop on Tuesday at the Namibia International Energy Conference (NIEC) 2023 in Windhoek, under the theme, “Understanding Namibia’s Onshore and Offshore Hydrocarbon Potential. On June 11, 2021 the National Petroleum Corporation of Namibia (NAMCOR) and ReconAfrica executed a Joint Operating Agreement (JOA). Walvis Bay, Erongo Region, Namibia. Gobabis Depot . The company also acts as advisor to the Ministry of Mines and Energy and assists it in monitoring the. This decision was made by the Namcor board during a sitting on 27 January. We are actively involved in sourcing and selling as well as the distribution of petroleum products. In a press statement, QatarEnergy noted that the light oil discovery in the Jonker-1X deep-water exploration well was made after drilling in the PEL-39 exploration license, offshore Namibia. 1 Year Ago - 2022-10-24 01:00:00. T +264 61 204 5000 F +264. Multinational oil and gas company, Shell, has been actively exploring Namibia’s offshore basins since 2014. com. Namibia is the fourth largest exporter of nonNamibia’s competitive petroleum exploration scene has also helped the state-owned National Petroleum Corporation of Namibia (NAMCOR) to take a stand in shaping the country’s prospects. Continue Reading. The Ministry of International Relations and Cooperation. . products made from refined crude include gasoline, diesel, kerosene, petroleum coke, Kandjemuni Kamuiiri The National Petroleum Corporation of Namibia (Namcor) is in fix after importing fuel worth N$600 million despite its service stations only able to consume eight percent of the order. Source: AP Group Namibian national oil company Namcor is. Latoya Geingos's Phone Number and Email. The National Petroleum Corporation of Namibia (Namcor) was appointed by government to manage and operate the NOSF in Walvis Bay. V. The three are in a joint venture; Shell Namibia B. , or Namcor, posted a loss of 700 million Namibian dollars ($37 million) and said it faces “significant cash flow challenges”. The PEL 39 blocks are located in. NAMIBIA PEL 87 Orange Basin PANCONTINENTAL 75%. dollar. According to the three entities, a light oil discovery. 5 million barrels a day, which is needed for the country’s development. NAMCOR (National Petroleum Corporation of Namibia) is the national oil company of Namibia, with the mission of creating value to all its stakeholders across the oil and gas. National Petroleum Corporation of Namibia Pty Ltd 1 Aviation Road, Petroleum House, Private Bag 13196, Windhoek, Namibia. Prohibition on carrying out certain operations without licence . In the past NAMCOR did not seek a participatory interest in licenses awarded. com. NAMCOR is the operator of PEL 79, comprising of blocks 2815 and 2915 where they have 67%. Namcor has no regulatory authority nor statutory right to participate in petroleum development. Namibia aims to fast track the development of its first oilfield to have production by 2026 following a significant offshore discovery by Shell , a senior energy official told Reuters on Monday. Timoteus Ekandjo (Vice Chairperson) / Mr. The initial development plan for the field was a gas-to-power project, with Namibia Power Corporation (NAMPOWER) as the downstream partner. The National Petroleum Corporation of Namibia (Namcor) is established out of Swakor. na. Angolan national oil company Sonangol has refunded N$524 million to Sungara Energies, a London-based joint venture entity co-owned by the National Petroleum Corporation of Namibia (Namcor). the resulting hydrocarbon molecules (fractions) often are further treated to change their size or structure, which makes them more usable. 4 national pEtrolEum Corporation oF namibia AnnuAl RepoRt 2015 GloSSARY oF teRMS the oil and gas industry is typically divided into two major compo-nents: upstream and downstream operations. 5% in 2021 and 4. The National Petroleum Corporation of Namibia (PTY) Ltd (Namcor) is a private company duly incorporated under the company laws of Namibia, and is wholly owned by the government of the Republic of Namibia. Having completed three seismic surveys of the Petroleum Exploration License (PEL) 39 – of which Shell has a 45% participating interest – between 2014 and 2019, the company went on to safely drill the. na. The National Petroleum Corporation of Namibia (Namcor) has agreed to pay its finance executive, Jennifer Hamukwaya, N$1,6 million to leave the company. Notice of receipt of application for exemption in respect of certain restrictive practices, Competition Act, 2003 (Section 27 (3), Rule 21 (2)) concerning: National Petroleum Corporation of Namibia (PTY) LTD (“NAMCOR”) Case no: 2018DEC0005EXEMP. View Contact Info for Free. Website Address: Shell holds a 45% stake in the offshore Petroleum Exploration License 39 (PEL 39) with a 45% interest held by Qatar Petroleum and a 10% held by the National Petroleum Corporation of Namibia (NAMCOR). Industry Oil & Gas Exploration & Services Energy, Utilities & Waste Treatment The National Petroleum Corporation of Namibia (Namcor) is investigating transactions totalling about N$300 million involving a private company that supplies fuel and infrastructure to the military. Namibia’s Jonker-1X light oil discovery – made last month by partners Shell, QatarEnergy and the National Petroleum Corporation of Namibia (NAMCOR) – represents the third discovery in a string of Orange Basin exploration successes announced in the past year. Industry Oil & Gas Exploration & Services Energy, Utilities & Waste TreatmentNational Petroleum Corporation of Namibia (NAMCOR) University of KwaZulu-Natal. com/guides/auto-opening-announcement-popups/ NAMCOR is the National Petroleum Corporation of Namibia and is a legally enacted entity with limited liability under the Namibian Companies Act of 1973. Hercules Oil Rig Makes arrives in Walvis Bay Last week, the National Petroleum Corporation of Namibia (Namcor) welcomed the arrival of the Hercules semi-submersible rig at Walvis Bay. l@namcor. BW Energy said on Thursday that the agreement increases BW Kudu’s working interest in the Kudu license offshore Namibia from 56 per cent to 95 per cent. The National Petroleum Corporation of Namibia (Namcor) has offered Lionel Matthews N$230 000 per month to lead the national oil company, but the former banker allegedly informed. V and Qatar Energy announced that the Graff-1 deep-water exploration well has made a discovery of light oil in both primary and secondary targets. na. Restrictions on grant of licences 11. An online repository of publicly available oil, gas, and mining contracts. 11. Contact NumberElizabeth N Shimwafeni Telephone: +264 61 400 443 Fax Number: 0886510721 Email: [email protected] National Petroleum Corporation of Namibia (Namcor) spent more than N$118 million on salaries for its 189 employees in the 2021/2022 financial year. com. This is an average of over N$620 000 per. “We can confirm that the negotiation was unsuccessful,” Namcor spokesperson Paulo Coelho confirmed on Tuesday. Our downstream strategy is to establish and secure strategically located fuels and lubricants distribution networks, as well as sales infrastructure to. Represented by Namibian-based law firm,. Key highlights and significance of this development in the broader oil and gas sector. NATIONAL PETROLEUM CORPORATION OF NAMIBIA ANNUAL REPORT 2018 / 2019 11 GOVERNANCE, LEGAL, RISK AND COMPLIANCE The Governance Department, guided by its growth focus, service areas, departmental and strategic projects, provides the following on-going services to the Board of Directors and the business with its different departments: Windhoek: Namibia announced on Monday the discovery of light oil off the country’s southern coast, the third such find in a year. Listen. The state-owned National Petroleum Corporation of Namibia (NAMCOR) is the key organisation in the sector. Functions of Corporation Part IV – General provisions relating to licences 9. 6% in 2014) is also very important and makes it one of the largest economic sectors of the. The National Petroleum Corporation of Namibia (Namcor) has confirmed that Lionel Matthews is no longer in the running to become its acting managing director. Read More. Whereas Shell Namibia Upstream B. V. The 4 th edition of the Namibia’s International Energy Conference will be held from 20 th – 22 nd April 2022 in Windhoek. Read More. Gazetted Notice on NAMCOR's Exemption request 14February 2019. com/guides/auto-opening-announcement-popups/The National Petroleum Corporation of Namibia (Namcor) was appointed by government to manage and operate the national oil storage facility (NOSF) in Walvis Bay. The remaining 10% stake in the Orange Basin licence is held by National Petroleum Corporation of. na, Board of Directors: Ms. Otjiwarongo Depot. Their world-class exploration and production database, and oil license blocks form some of the major attractions to Namibia’s hydrocarbon potential. NAMCOR is the National Petroleum Corporation of Namibia, established under the Petroleum (Exploration and Production) Act of 1991. The Kudu Development Project has as its purpose the development of the Kudu Gas Field located offshore Republic of Namibia. The National Petroleum Corporation of Namibia (Namcor) has announced a third oil discovery in the. He is Namibia's director-general of the National Planning Commission and Minister of Economic Planning. V. Tel: +264 64 285 918 . Namcor will co-own the oil blocks with Angola’s state-owned oil entity, Sonangol, and two other partners in a joint venture known as Sungara Energies. The repository features plain language summaries of each contract’s key social, environmental, human rights, fiscal, and operational terms, and tools for searching and comparing contracts. 11. June 6, 2023 at 7:28 AM PDT. The remaining 10% stake in the Orange Basin licence is held by National Petroleum Corporation of Namibia (NAMCOR). The Government of the Republic of Namibia is its sole shareholder. ) Ltd. By 2030, #Guyana’s hydrocarbon production could reach about 1. Hamukwaya sued the state oil. Energ y and economic development: Namibia's economy consists primarily of mining and manufacturing and its economy is tied closely to South Africa’s. Applications for, or renewal or transfer of, licenses or for approval for granting, cession or. From January 2020 to date, the National Petroleum Corporation of Namibia (Namcor) has generated N$3. These areas directly or indirectly support the National Development Plan 3, Harambee Prosperity Plan, the Sustainable Development Goals (SDGs) of the United Nations – which put an emphasis on eradicating poverty and. of Namibia (NAMCOR) (10%). The agreement provides the framework for cooperation between QatarEnergy and NAMCOR E&P to support and develop a sustainable upstream oil and gas sector in Namibia,. 6 national pEtrolEum Corporation oF namibia AnnuAl RepoRt 2015 rated by distillation or fracturing. ” - ReconAfrica estimates they could extract Possibly 120 billion barrels of oil [2] - ReconAfrica holds a 90% interest in a petroleum exploration license in. 7 June 2023. 4. “We are delighted to announce this third oil discovery,” state-owned oil firm National Petroleum Corporation of Namibia (NAMCOR), said in a statement. Tom. com. He has worked for the National Petroleum Corporation of Namibia. The National Petroleum Corporation of Namibia (Namcor) has agreed to pay its finance executive, Jennifer Hamukwaya, N$1,6 million to leave the company. Immanuel Mulunga. +264 6120 45061. 494 likes, 21 comments - thenamibian on November 20, 2023: "A joint venture has threatened the National Petroleum Corporation of Namibia (Namcor) with a liqu. Canadian company Reconnaissance Energy Africa and its joint venture partner, the National Petroleum Corporation of Namibia (Namcor), have been granted. Functions of Corporation . The National Petroleum Corporation of Namibia (Namcor) has announced a third oil discovery in the Orange Basin off Namibia's southern coast. ) (hereinafter referred to as “Shell”) on 19 December 2013 took transfer of and assumed all the interests, rights and obligations of Signet and Cricket in petroleum exploration licence PEL 0039 and the Agreement;NATIONAL PETROLEUM CORPORATION OF NAMIBIA (PTY) LTD Company Profile | WINDHOEK, Namibia | Competitors, Financials & Contacts - Dun & Bradstreet Find company research, competitor information, contact details & financial data for !company_name! of !company_city_state!. Jennifer Comalie (Chairperson) / Mr. Industry Oil & Gas Exploration & Services Energy, Utilities & Waste TreatmentNAMIBIA GAME CHANGER For Namibia, situated on the western coast of southern Africa and best known for its wildlife reserves and the Namib desert, the initial oil finds alone are likely to double. These provisions, inter alia, provide that the holder of a production licence is under an obligation to establish a trust fund after 50% of the estimated recoverable. Please don’t…Canadian company Reconnaissance Energy Africa and its joint venture partner, the National Petroleum Corporation of Namibia (Namcor), have been granted approval to resume exploration in the. ) (hereinafter referred to as “Shell”) on 19 December 2013 took transfer of and assumed all the interests, rights and obligations of Signet and Cricket in petroleum exploration licence PEL 0039 and the Agreement;Partners are QatarEnergy (45%) and the National Petroleum Corp. Growing Projections For Namibia’s Petroleum Industry Amidst Covid-19. The National Petroleum Corporation of Namibia's (NAMCOR's) main tasks up to 1998 have been the acquisition of data and the promotion of Namibia's petroleum potential. Mar 06, 2023. Leon Hermann's Phone Number and Email. Acquire Petroleum Products from International Markets and Ensure Efficient Import of this Products into Namibia. However, at the request of the Minister. Acting public enterprise minister Iipumbu Shiimi said this in his response in. [email protected] National Petroleum Corporation of Namibia (PTY) Ltd (Namcor) is a private company duly incorporated under the company laws of Namibia, and is wholly owned by the government of the Republic of Namibia. An online repository of publicly available oil, gas, and mining contracts. T +264 61 204 5000 F +264 61 204 5061/30/92 E info@namcor. 5% in 2011, 12. Nestor Sheefeni is the Engineering & Technical Services Executive at National Petroleum Corporation of Namibia based in Windhoek, Khomas. National Fishing Corporation of Namibia Act 28 of 1999. The National Petroleum Corporation of Namibia plans to enter the fuel retail sector are at an advanced stage, with our first retail site expected to become fully operational before the end of 2017. The Petroleum Laws Amendment Act 1998 sets out provisions regulating the decommissioning of facilities used in petroleum exploration and production operations in Namibia . Applications for, or renewal or transfer of, licences or for approval for granting, cessionNational Petroleum Corporation of Namibia Sep 2013 - Sep 2016 3 years 1 month. THE National Petroleum Corporation of Namibia (Namcor) has increased its revenue inflows from N$600 million six years ago to N$2,6 billion currently. You can see how this popup was set up in our step-by-step guide: //wppopupmaker. NATIONAL PETROLEUM CORPORATION OF NAMIBIA (PTY) LTD Company Profile | WINDHOEK, Namibia | Competitors, Financials & Contacts - Dun & BradstreetJennifer Comalie, chair of the National Petroleum Corporation of Namibia, says new oil discoveries off the country’s coast are a game-changer, and she wants. Industry Oil & Gas Exploration & Services Energy, Utilities & Waste TreatmentThe National Petroleum Corporation of Namibia, NAMCOR, is a legally enacted entity with limited liability under the Namibian Companies Act of 1973. 3 billion from the National Oil Storage Facility (NOSF). V. View Contact Info for Free. Corporation Of Namibia (Proprietary)Limited. Shell Namibia Upstream B. It also assists the Ministry with the administration of the Petroleum (Exploration and Production) Act. NAMCOR and the Government of the Republic of Namibia have identified the Kudu Gas Project as one of its key and ultimate responses to the looming energy crisis in the country. Shell, which has a similar stake, is the operator of the licence. 2014 - 2018. 11/13/2023 6:09 AM. Restrictions on grant of licences . This is in stark contrast with the recent vaccination policy instituted by the National Petroleum Corporation of Namibia (Namcor), which required all staff to be vaccinated or to bear the cost of. and Qatar Energy – announced the discovery of. The High Court of Namibia recently issued a judgement that allows Canadian oil and gas company, Reconnaissance Africa (ReconAfrica), along with its joint venture partner, the National Petroleum Corporation of Namibia (NAMCOR), to continue with its oil and gas exploration campaign in Namibia. Namibia has committed to reducing its overall greenhouse gas (GHG) emissions by 92 percent by 2030 from the business-as-usual baseline level. BW got hold of the initial 56 per cent in the licence back in February 2017, also through an. Government constructed the facility to increase Namibia’s security of supply of fuel and petroleum products from a concerning seven to 10 days to a more manageable 30 days. Industry Oil & Gas Exploration & Services Energy, Utilities & Waste Treatment In early February 2022, a sizeable discovery of light oil at the Graff-1 well offshore Namibia was made by the National Petroleum Corporation of Namibia (Namcor) in partnership with Shell Namibia Upstream B. Two major oil discoveries were made during the first. com/guides/auto-opening-announcement-popups/ The Anti-Corruption Commission (ACC) is expected to finish interviewing individual board members of the National Petroleum Corporation of Namibia (Namcor) today over their role in an Angolan oil joint venture in which the company has a stake. His trustworthy with people and company's property is something anyone will admire. In line with this goal, the National Petroleum Corporation of Namibia (NAMCOR) has joined Africa’s biggest energy event, the African Energy Week (AEW) (conference and exhibition — taking place from October 18-21, 2022, in Cape Town — as a platinum sponsor, with a delegation coming to the Cape Town event to discuss. Tel: +264 67 307 588 . To get a job at National Petroleum Corporation of Namibia, browse currently open positions and apply for a job near you. The company is tasked with the primary mandate to carry out reconnaissance, exploration, and production operations either on its own or in partnership with other organisations in the industry. question whether the Cabinet of the Government of the Republic of Namibia acted lawfully in October 2010 when it revoked the mandate of the National Petroleum Corporation of Namibia (Pty) Ltd (“Namcor”) to import 50% of Namibia‟s annual requirement of petroleum products. The PEL 39 blocks are located offshore Namibia in ultra-deep-water depths of about 2,500 metres, covering an area of approximately 12,300 square kilometres. The National Petroleum Corporation of Namibia's (NAMCOR's) main tasks up to 1998 have been the acquisition of data and the promotion of Namibia's petroleum potential. National Petroleum Corporation of Namibia, founded in 1967 and headquartered in Windhoek, Khomas, is a petroleum drilling company. Downstream activities generally refer to the marketing and distribution of petroleum products. The National Petroleum Corporation of Namibia (Namcor) has undergone an evolution over the last 30 years after starting off as an advisory entity to the Ministry of Mines and Energy in matters regarding exploration and production matters. 10. The National Petroleum Corporation of Namibia (NAMCOR) – alongside partners Shell Namibia Upstream B. “Corporation” means the National Petroleum Corporation of Namibia (Proprietary) Limited incorporated and registered as a company in terms of the provisions of the Companies Act, 1973 (Act 61 of 1973); [The Companies Act 61 of 1973 has been replaced by the Companies Act 28 of 2004. Use the CB Insights Platform to explore National Petroleum Corporation of. Control Board of Namibia (ECB), Namibia Power Corporation (NamPower), National Petroleum Corporation of Namibia (NAMCOR), the Namibia Energy Institute (NEI), the National Planning Commission (NPC), the Ministry of Finance, and the Ministry of Environment and Tourism. Promoting Namibia’s national interests internationally. In December 2017, Pancontinental signed a Petroleum Agreement with the Ministry of Mines and Energy of Namibia (Ministry) and Namibian partners for PEL. THE National Petroleum Corporation of Namibia (Namcor) spent more than N$118 million on salaries for its 189 employees in the 2021/2022 financial year. ) (hereinafter referred to as “Shell”) on 19 December 2013 took transfer of and assumed all the interests, rights and obligations of Signet and Cricket in petroleum exploration licence PEL 0039 and the Agreement; NATIONAL PETROLEUM CORPORATION OF NAMIBIA (PTY) LTD Company Profile | WINDHOEK, Namibia | Competitors, Financials & Contacts - Dun & Bradstreet Find company research, competitor information, contact details & financial data for !company_name! of !company_city_state!. State of Namibian Energy: National Petroleum Corporation of Namibia (NAMCOR) Outlines Project Progress Address Ahead of African Energy Week (AEW) 23 Jun 2, 2023 Africa Press Release Following a series of upstream success, Namibia has emerged as a highly attractive E&P play, with a series of investors and project developers turning their. Namibia’s oil and gas sector is still in the exploration stage. and Qatar Energy. Industry Oil & Gas Exploration & Services Energy, Utilities & Waste TreatmentNATIONAL OIL STORAGE OF NAMIBIA (NOSF) John Ovenstone Road, Walvis Bay. Mining is the biggest contributor to Namibia 's economy in terms of revenue. na Website: Kudu gas field operated by state-owned National Petroleum Corporation of Namibia and OAO Gazprom of Russia is another well-known offshore oil and gas exploration field. The National Petroleum Corporation of Namibia (Namcor) has urged the media and the public to be patient as it will not disclose additional information concerning a N$100-million. Import and Export Petroleum Products NAMCOR 14 years 2 months Petroleum Trader NAMCOR Mar 2014 - Present 9 years 9 months. T +264 61 204 5000 F +264 61 204 5061/30/92 E info@namcor. National Accounts for 2022 showed that the size of the economy as measured by real Gross Domestic Product (GDP) grew by 3. Canadian company Reconnaissance Energy Africa and its joint venture partner, the National Petroleum Corporation of Namibia (Namcor), have been granted approval to resume exploration in the. Read More. The discovery in the Jonker-1X deep-water exploration well, located anout 270 kilometres off the coast of , was made by a joint venture of , QatarEnergy and Namcor, the company announced on Monday. NAMCOR (National Petroleum Corporation of Namibia) is the national oil company of Namibia, with the mission of creating value to all its stakeholders across the oil and gas value chain. NAMCOR is the operator of PEL 79, comprising of blocks 2815 and 2915 where they. Ellanie Smit. PART IV General provisions relating to licences 9. Leon Hermann is a Manager at National Petroleum Corporation of Namibia based in Windhoek, Khomas. THE National Petroleum Corporation of Namibia (Namcor) board is investigating its managing director, Immanuel Mulunga, over his involvement in a payment of N$100 million for two Angolan oil blocks. (Bloomberg) — Namibia expects its biggest oil discoveries since independence to help double its economy by 2040, Jennifer Comalie, chairperson of National Petroleum Corp. 6% in 2022 after falling by a revised. National Petroleum Corporation of Namibia. National Petroleum Corporation of Namibia, founded in 1967 and headquartered in Windhoek, Khomas, is a petroleum drilling company. Windhoek Namibia Chief Executive Officer Old Mutual Investment Group Namibia Apr 2014 - Jun 2016 2 years 3 months. Moderated by ReconAfrica’s Head of Communication and Stakeholder Relations, Mwanyengwa. Shell, which has a similar stake, is the operator of the licence. In Namibia, Shell is in the early stages of exploring offshore for oil and natural gas. Partners include the National Petroleum Corp. +264 61204 5000, +264 6120 5060. na, Board of Directors: Ms. Section 8 defines the functions of the National Petroleum Corporation of Namibia. the Upstream oil sector refers to the search for and the recovery and production of crude oil and natural gas, also known as the exploration and. procurement policy. Tel: +264 64 200 265 . Hercules oil rig arrives at Walvis Bay: The National Petroleum Corporation of Namibia (Namcor) welcomed the arrival of the Hercules semi-submersible… Liked by Immanuel Mulunga. Nestor r eceived a Bachelors of Technology in Civil Engineering degree from Tshwane University of Technology and a Master of Industrial Engineering from Namibia University of Science. Following two sizeable oil and gas discoveries made this year as well as the launch of a large-scale green hydrogen project, Namibia is looking at. NAMCOR is the national oil company of Namibia, with the mission of creating value to all its stakeholders across the oil and gas value chain. Namcor’s executive for business strategy, Shiwana Ndeunyema,. Email: info@namcor. Factual background Aron Tjihumino has been working as a Projects & Maintenance Engineer at National Petroleum Corporation of Namibia for 7 years. From January 2020 to date, the National Petroleum Corporation of Namibia (Namcor) has generated N$3. The National Petroleum Corporation of Namibia holds the remaining 10 per cent. Applications for, or renewal or transfer of, licenses or for approval for granting, cession or You can see how this popup was set up in our step-by-step guide: //wppopupmaker. Namibia’s competitive petroleum exploration scene has helped the state-owned National Petroleum Corporation of Namibia (NAMCOR) to take a stand in shaping the country’s prospects. Petroleum (Exploration and Production) Act 1991, to Signet Petroleum Limited, Cricket Investments (Pty) Ltd and National Petroleum Corporation of Namibia upon signature of this Agreement and delivery by same to the Minister of Mines and Energy of the Bank guarantee and the performance guarantee referred to in clauses 4 and 30 of the. (previously known as Shell Exploration and Production (LXVIII) B. ] By. Source: BW Energy. of Namibia, said in a Bloomberg TV. Our world-class exploration and production database, and oil license blocks form some of the major attractions to Namibia’s hydrocarbon potential. The National Petroleum Corporation of Namibia (Namcor) has announced a third oil discovery in the Orange Basin off Namibia's southern coast. Since 2013, the Namibian Ports Authority, the National Petroleum Corporation of Namibia and the Ministry of Agriculture have borrowed over N$21 billion. com. The repository features plain language summaries of each contract’s key social, environmental, human rights, fiscal, and operational terms, and tools for searching and comparing contracts. By. The National Petroleum Corporation of Namibia and its partners, Shell Namibia Upstream B. Vitol also wants special treatment from government if the state gives the National Petroleum Corporation of Namibia (Namcor) the right to exclusively import 50% of Namibia's petroleum needs. “ Davidt is a dedicated executive with wide experience in business administration and petroleum industry. Two major oil discoveries were made during the first. Acting public enterprise minister Iipumbu Shiimi said this in his response in. Prohibition on carrying out certain operations without licence. The facility is currently operating at 60% of its capacity. NAMCOR National Petroleum Corporation of Namibia NAPA National Adaptation Plan of Action NAMAs national appropriate mitigation actions NDP national development plans NEP National Energy Policy NO nitrous oxide OPPPI Office for the promotion of private power investment. Projects & Maintenance Engineer at National Petroleum Corporation of Namibia. Restrictions on grant of licences. Aron Tjihumino is a Projects & Maintenance Engineer at National Petroleum Corporation of Namibia based in Windhoek, Khomas. National Petroleum Corporation Of Namibia. Walvis Bay Depot. Ellanie Smit. - Canada's ReconAfrica is a junior oil and gas company engaged in the exploration and development of oil and gas in Northeast Namibia and Northwest Botswana—the “Kavango Basin. According to the three entities, a light oil discovery. Kandjoze holds a Master of Science degree in geology from the University of Helsinki, Finland, a Bachelor of Science degree, also in geology, from the University of Cape Town. The Petroleum Laws Amendment Act 1998 sets out provisions regulating the decommissioning of facilities used in petroleum exploration and production operations in Namibia . However, at the request of the Minister. 11/12/2023 4:56 AM. Manager at National Petroleum Corporation of Namibia. National Petroleum Corporation of Namibia, founded in 1967 and headquartered in Windhoek, Khomas, is a petroleum drilling company. In the meantime, the company has failed to appoint banker Lionel Matthews as its acting managing. This will be followed by a number of NAMCOR-branded service stations at strategic locations around the country. The Government of Namibia seeks to engage firms to compete for multi-billion U. National Petroleum Corporation Of Namibia (PTY) Ltd Address: 1 Aviation Rd, Airport, Windhoek, Namibia City of Namibia Private Bag 13196, Windhoek, Namibia Phone number: 061 204 5000, 061 221 699,, Fax: 061 221 785 Categories: Petroleum Products, 5 Reviews (5 / 5) Petroleum Products. The National Petroleum Corporation of Namibia led a strategic workshop at NIEC 2023 on Tuesday, highlighting Namibia’s. The Namibian National Petroleum Corp. 5 million barrels a day, which is needed for the country’s development. National Petroleum Corporation of Namibia (Pty) Ltd. As an oil and gas exploration company focused on the acquisition and development of unique upstream petroleum opportunities, Eco Atlantic has been keen. Further work is needed to determine the quality and size of. 5% in 2010, 9. V. 8. . Report this profile About My objective is to be able to apply my knowledge of Human Resource Disaster Recovery, and contribute in the achievement of organisational goals.