national petroleum corporation of namibia. NAMCOR Exploration and Production Pty Ltd (NAMCOR) is seeking potential partners or investors for 3 permits, PEL 67, 72 and 79 they operate in the Orange Basin, offshore Namibia and has applied a closing date of 31st July 2021 to bids for these permits. national petroleum corporation of namibia

 
NAMCOR Exploration and Production Pty Ltd (NAMCOR) is seeking potential partners or investors for 3 permits, PEL 67, 72 and 79 they operate in the Orange Basin, offshore Namibia and has applied a closing date of 31st July 2021 to bids for these permitsnational petroleum corporation of namibia The state-owned National Petroleum Corporation of Namibia (NAMCOR) is the key organisation in the sector

Hydrocarb Energy Corporation has announced that its subsidiary, Hydrocarb Namibia Energy Corporation Ltd. 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. I am an energetic, passionate, and dedicated individual who strives for excellence in all. “Namcor imports its product and distributes it inland to its customers and exports the rest to its customers in Botswana and Zambia. The Graff-1 well has proved a working petroleum system for light oil in the Orange Basin,. 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. A Commissioner for Petroleum Affairs, a Chief Inspector of Petroleum Affairs, and designation other officers shall be appointed by the Minister under section 3. Read More. A: National Petroleum Corporation of Namibia is located at: Petroleum House, Private Bag 13196, Windhoek, 1 Aviation Road, Windhoek, Namibia Q: What are the coordinates of the National Petroleum Corporation of Namibia?NAMCOR NAMIBIA | 49,915 followers on LinkedIn. National Petroleum Corporation of Namibia . 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. QatarEnergy has signed a Cooperation Agreement with NAMCOR Exploration and Production, a subsidiary of the National Petroleum Corporation of Namibia. 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. 14. Prohibition on carrying out certain operations without licence . This joint venture. Multinational oil and gas company, Shell, has been actively exploring Namibia’s offshore basins since 2014. The head of the board of directors at Namibia’s national oil company has appeared in court to face charges of dealing drugs. The discovery was made on the Petroleum Exploration License 39 – owned by Shell (45%), Qatar Petroleum (45%) and the National Petroleum Corporation of Namibia (10%) – with Shell as the operator. V. It. National Petroleum Corporation of Namibia (NAMCOR) is a national oil company. NAMCOR will retain the remaining 5 per cent working interest. 8. V. BE IT ENACTED by the National Assembly of the Republic of Namibia, as follows:-1. The three are in a joint venture; Shell Namibia B. Its members ensured the balance, inclusivity and relevance of. Email. 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. and Qatar Energy. The National Petroleum Corporation of Namibia (Namcor) has announced a third oil discovery in the Orange Basin off Namibia's southern coast. The National Petroleum Corporation of Namibia (Namcor) has announced a third oil discovery in the. Aron Tjihumino is a Projects & Maintenance Engineer at National Petroleum Corporation of Namibia based in Windhoek, Khomas. Walvis Bay, Erongo Region, Namibia. National Petroleum Corporation of Namibia. This will be followed by a number of NAMCOR-branded service stations at strategic locations around the country. As a constitutional democracy of processes, systems and institutions, changes, including additional shares to the State/National Petroleum Corporation of Namibia must only be done in accordance. 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. Mining is the biggest contributor to Namibia 's economy in terms of revenue. (Bloomberg) — Namibia expects its biggest oil discoveries since independence to help double its economy by 2040, Jennifer Comalie, chairperson of National Petroleum Corp. Namibia’s competitive petroleum exploration scene has helped the state-owned National Petroleum Corporation of Namibia (NAMCOR) to take a stand in. V. The consortium partners comprising QatarEnergy (45 percent interest), Shell (operator, 45 percent interest) and National Petroleum Corporation of Namibia “NAMCOR” (10 percent interest), have. Coupled with the Graff-1X and Venus-1X finds (made in 2022 merely. ". 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$118 million on salaries for its 189 employees in the 2021/2022 financial year. NAMCOR Gobabis Depot. 1 day ago · The Namibian National Petroleum Corp. com. NAMCOR is the National Petroleum Corporation of Namibia, established under the Petroleum (Exploration and Production) Act of 1991. HERE IS TODAY’S BULLETIN FOR 08H00FRIDAY, 24 NOVEMBER 2023NAMIBIA PRESS AGENCY 1 (WINDHOEK, 24 NOV, NAMPA) - The National. Last April, Namcor, Sequa Petroleum from Britain, and Petrolog Group formed a group called Sungara Energies. na Website: Kudu gas field operated by state-owned National Petroleum Corporation of Namibia and OAO Gazprom of Russia is another well-known offshore oil and gas exploration field. Prohibition on carrying out certain operations without licence 10. of Namibia (NAMCOR) (10%). The company is tasked with the primary mandate to carry out reconnaissance, exploration, and production operations either on its own or in partnership with other organisations in the industry. The National Petroleum Corporation of Namibia led a strategic workshop at NIEC 2023 on Tuesday, highlighting Namibia’s. Hercules Oil Rig Makes arrives in Walvis Bay Last week, the National Petroleum Corporation of Namibia (Namcor) welcomed the arrival of the Hercules semi-submersible rig at Walvis Bay. with 10%. 6% in 2022 after falling by a revised. NAMCOR Annual Report 2012 5 ManaGinG diRecToR’s and chaiRMan’s RepoRT T he 2012 financial figures has certainly abetted in this recovery action, with the group grossing a net income of N$ 47 118 156 before taxation. Namcor has no regulatory authority nor statutory right to participate in petroleum development. In Namibia, Shell is in the early stages of exploring offshore for oil and natural gas. Galp is operator of PEL 83 (80%) with partners the National Petroleum Corporation of Namibia (NAMCOR) (10%), and Custos Energy (10%). Otjiwarongo Depot. Opportunities. 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. THE National Petroleum Corporation of Namibia (Namcor) is embroiled in a dirty power struggle between its board chairperson Jennifer Comalie and managing director Immanuel Mulunga over the control of the state-owned oil company. According to the three entities, a light oil discovery. , has received a one year license extension and an environmental clearance to complete the 2D data acquisition portion of the Initial Exploration Period of its' 2011 Petroleum Agreement with the Republic of Namibia. . Frequently Ask Questions. 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. Applications for, or renewal or transfer of, licenses or for approval for granting, cession or. Namibia’s Ministry of Mines and Energy (MME) has given its official endorsement to the premier Namibia Oil and Gas Conference which will take place this August (16-17) in Windhoek, with the confirmed participation from the Right Honourable Saara Kuugongelwa-Amadhila, Prime Minister of the Republic of Namibia and Hon. [1] Its contribution to the gross domestic product (10. 6 million litres still remain, 37 million litres of ADO (diesel) of. ) (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!. Sep 2019 - Present 4 years 3 months. Industry Oil & Gas Exploration & Services Energy, Utilities & Waste TreatmentNATIONAL OIL STORAGE OF NAMIBIA (NOSF) John Ovenstone Road, Walvis Bay. Nestor Sheefeni is the Engineering & Technical Services Executive at National Petroleum Corporation of Namibia based in Windhoek, Khomas. Timoteus Ekandjo (Vice Chairperson) / Mr. However, at the request of the Minister. June 6, 2023 at 7:28 AM PDT. 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 increasing investment in its burgeoning energy sector. On June 11, 2021 the National Petroleum Corporation of Namibia (NAMCOR) and ReconAfrica executed a Joint Operating Agreement (JOA). 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. Late last year, NAMCOR entered. Energ y and economic development: Namibia's economy consists primarily of mining and manufacturing and its economy is tied closely to South Africa’s. V. Sintana has 49% carried interest through its indirect. Jennifer Comalie (Chairperson) / Mr. Factual background Aron Tjihumino has been working as a Projects & Maintenance Engineer at National Petroleum Corporation of Namibia for 7 years. of Namibia, said in a Bloomberg TV. National Petroleum Corporation Of Namibia. National Petrolium Corporation of Namibia(NAMCOR) National Petroleum Corp. The Petroleum Laws Amendment Act 1998 sets out provisions regulating the decommissioning of facilities used in petroleum exploration and production operations in Namibia . This is an average of over N$620 000 per. During the 2004 Namibia National Science Awards, organised by the Namibian Ministry of Education, and held in Windhoek, Dr Sindila Mwiya was awarded the Geologist of the Year forThe multi-billion-dollar facility was constructed 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 or more. 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. Namcor. Canadian company Reconnaissance Energy Africa and its joint venture partner, the National Petroleum Corporation of Namibia (Namcor), have been granted. “We can confirm that the negotiation. The board chairperson, Jennifer Comalie, confirmed this. Windhoek Namibia Responsible for Old Mutual Namibia's investment management business, with N$30 billion in pension fund, long term insurance. , 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. 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. . 5% in 2021 and 4. National Petroleum Corporation of Namibia, founded in 1967 and headquartered in Windhoek, Khomas, is a petroleum drilling company. TFG Donates School uniforms in partnership with SOS CV NAMIBIA. The National Petroleum Corporation of Namibia (Namcor) has confirmed that Lionel Matthews is no longer in the running to become its acting managing director. THE managing director of the National Petroleum Corporation of Namibia (Namcor), Obeth Kandjoze, could be at the centre of a corruption probe, should the Anti-Corruption Commission (ACC) decide to. The National Petroleum Corporation of Namibia (Namcor) board was divided this week on whether to suspend managing director Imms Mulunga, but a powerful faction gunning for his head emerged victorious when it pushed through his suspension for, among other things, allegedly leaking confidential information to the media. 3% in 2012, 13. The National Petroleum Corporation of Namibia and its partners, Shell Namibia Upstream B. 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). “We are delighted to announce this third oil discovery,” state-owned oil firm National Petroleum Corporation of Namibia (NAMCOR), said in a statement. QatarEnergy said that it has found oil offshore Namibia making it the third offshore oil discovery made in the African country. In the meantime, the company has failed to appoint banker Lionel Matthews as its acting managing. General powers of Commissioner and Chief Inspector are defined in section 4. 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. Under the Petroleum (Exploration and Production) Act of 1991 we have the mandate to carry out. 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. Education Namibia University of Science and Technology Bachelor's degree Economics. The PEL 39 blocks are located in. The Gas produced from the Kudu Gas Field will. The remaining 10% stake in the Orange Basin licence is held by National Petroleum Corporation of. com. 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. T +264 61 204 5000 F +264 61 204 5061/30/92 E [email protected] 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. 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. Jennifer Comalie (Chairperson) / Mr. We are actively involved in sourcing and selling as well as the distribution of petroleum products. The Government of the Republic of Namibia. T +264 61 204 5000 F +264. National Accounts for 2022 showed that the size of the economy as measured by real Gross Domestic Product (GDP) grew by 3. 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. Tel: +264 64 200 265 . You can see how this popup was set up in our step-by-step guide: //wppopupmaker. 5% in 2011, 12. Tom. Shell, which has a similar stake, is the operator of the licence. 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. 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. 7 June 2023. 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. 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. The National Petroleum Corporation of Namibia (NAMCOR) – alongside partners Shell Namibia Upstream B. NAMCOR was appointed by the Government of the. The Corporate Social Responsibility Policy has three key focus areas namely education, environment and community upliftment. The Qatari energy giant announced two similar discoveries in February 2022 in the Graff-1 well and in the Venus-1X prospect, both located in the Orange Basin offshore Namibia. T +264 61 204 5000 F +264 61 204 5061/30/92 E info@namcor. Shell will hold a 45 interest as the operator while the National Petroleum Corporation of Namibia (NAMCOR) will hold the remaining 10 per cent interest. ) Ltd. 19 April 2023. The Government of Namibia seeks to engage firms to compete for multi-billion U. The National Petroleum Corporation of Namibia (Namcor) has agreed to pay its finance executive, Jennifer Hamukwaya, N$1,6 million to leave the company. 6 national pEtrolEum Corporation oF namibia AnnuAl RepoRt 2015 rated by distillation or fracturing. Email: info@namcor. The Qatari national oil company has a stake of 45% in the PEL-39 licence. 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. From January 2020 to date, the National Petroleum Corporation of Namibia (Namcor) has generated N$3. V. Jennifer Comalie, the Chairperson of the National Petroleum Corporation Company (Namcor) Board, has attributed the N$700 million losses incurred by the company during. 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. 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. Source: AP Group Namibian national oil company Namcor is progressing plans to further develop the. Since Managing Director Immanuel Mulunga took charge, the corporation. Read More. National Petroleum Corporation of Namibia Contact Info: Phone number: +264 612045000 Website: What does National Petroleum Corporation of Namibia do? National Petroleum Corporation of Namibia, founded in 1967 and headquartered in Windhoek, Khomas, is a petroleum drilling company. 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. THE national petroleum company has given its employees until 19 November to get their first or second dose of the Covid-19 vaccine. The Government of the Republic of Namibia is its sole shareholder. Shell Namibia Upstream B. Last Update. No description available. National Petroleum Corporation of Namibia Aug 2014 - Present 9 years 4 months. “ Davidt is a dedicated executive with wide experience in business administration and petroleum industry. The Government of the Republic of Namibia. 2014 - 2018. 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. na, Board of Directors: Ms. Further work is needed to determine the quality and size of. 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. A LOOK AT WHAT’S NEXT FOR NAMCOR. . ) (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!. 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). The Namibian National Petroleum Corp. 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. Get the latest business insights from Dun &. Uranium deposits are situated at the Rössing mine near the Swakopmund coastline. 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. The Namibian National Petroleum Corp. Namcor’s executive for business strategy, Shiwana Ndeunyema,. Timoteus Ekandjo (Vice Chairperson) / Mr. Products/Services overview. Prohibition on carrying out certain operations without licence. 11/12/2023 8:18 PM. 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. Private Bag 13196, Windhoek, Namibia. 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. Our world-class exploration and production database, and oil license blocks form some of the major attractions to Namibia’s hydrocarbon potential. 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. 3 billion from the National Oil Storage Facility (NOSF). Source: AP Group Namibian national oil company Namcor is. It controls the exploration activities for oil and gas upstream by. 4% in 2009, 8. +264 1129 0957. 5 million barrels a day, which is needed for the country’s development. Listen. 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. 11. Mar 06, 2023. 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. With a 10% interest in multiple international companies operating in the country, NAMCOR is ready to help Namibia become one of the leading petroleum. 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. Import and Export Petroleum Products NAMCOR 14 years 2 months Petroleum Trader NAMCOR Mar 2014 - Present 9 years 9 months. 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 increased its revenue inflows from N$600 million six years ago to N$2,6 billion currently. 10. S. National Petroleum Corporation of Namibia Pty Ltd 1 Aviation Road, Petroleum House, Private Bag 13196, Windhoek, Namibia. PEL 0039 covers about 12,000 sq km in deep water, 250 km off the southern coast of Namibia. The National Petroleum Corporation of Namibia (Namcor) has announced a third oil discovery in the Orange Basin off Namibia's southern coast. Restrictions on grant of licences . 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. National Petroleum Corporation of Namibia (NAMCOR) donated 20 desktop computers including Microsoft Office 2016 Professional and Kaspersky antivirus software towards our youth empowerment strategic initiative. According to the three entities, a light oil discovery. 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. Read More. Siegfried Neumann. You can see how this popup was set up in our step-by-step guide: //wppopupmaker. View Sauraya’s full profile See who you. Despite the Ministry of Energy and Mines and Shell awaiting the results on the commercial viability of the find, the discovery has. The energy that keeps Namibia moving forward. Moderated by ReconAfrica’s Head of Communication and Stakeholder Relations, Mwanyengwa. The National Petroleum Corporation of Namibia (Namcor) is established out of Swakor. the resulting hydrocarbon molecules (fractions) often are further treated to change their size or structure, which makes them more usable. The exploration license is held by a consortium comprised of QatarEnergy (45%), Shell (45%), and the National Petroleum Corporation of Namibia “NAMCOR” (10%). V. 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. Namcor managing director Immanuel Mulunga said. NAMCOR is the operator of PEL 79, comprising of blocks 2815 and 2915 where they have 67%. . - 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. procurement policy. From January 2020 to date, the National Petroleum Corporation of Namibia (Namcor) has generated N$3. PART IV . Orange Basin Discovery National Petroleum Corporation of Namibia Pty Ltd 1 Aviation Road, Petroleum House, Private Bag 13196, Windhoek, Namibia. This decision was made by the Namcor board during a sitting on 27 January. V. V. Email: info@namcor. ) (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. 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. To get a job at National Petroleum Corporation of Namibia, browse currently open positions and apply for a job near you. However, at the request of the Minister. You can see how this popup was set up in our step-by-step guide: //wppopupmaker. View Contact Info for Free. Their world-class exploration and production database, and oil license blocks form some of the major attractions to Namibia’s hydrocarbon potential. 3 billion from the National Oil Storage Facility (NOSF). 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. National Petroleum Corporation of Namibia is part of the Energy, Utilities & Waste industry, and located 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. 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. Namibia’s status as an oil exploration hot-spot was bolstered by the arrival of a third rig, following discoveries last year by TotalEnergies SE and. (previously known as Shell Exploration and Production (LXVIII) B. 4. na. The National Petroleum Corporation of Namibia (Namcor) has announced a third oil discovery in the. +264 6120 45061. 5% in 2010, 9. RECONAFRICA’s First of Three Wells Confirms a Working Petroleum System in the Kavango Basin, Namibia - 16 April 2021 Delayed Publication of the 2019/2020 Annual Report - 01 April 2021 Successful Handover of National Oil Storage Facility - 29 March 2021 The upstream partners in the Kudu Gas Field, Block 2814A are the National Petroleum Corporation of Namibia (NAMCOR) with 95% and BW Offshore with 5% as the operator. Namcor has no regulatory authority nor statutory right to participate in petroleum development. com. 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. Industry Oil & Gas Exploration & Services Energy, Utilities & Waste TreatmentNational Petroleum Corporation of Namibia (NAMCOR) University of KwaZulu-Natal. NAMIBIA PEL 87 Orange Basin PANCONTINENTAL 75%. Latoya Geingos's Phone Number and Email. Namibia, an emerging exploration frontier in Africa, is filled with abundant opportunities for discovery, propelled by the influential role of its national oil company, the National Petroleum Corporation of Namibia (Namcor). His trustworthy with people and company's property is something anyone will admire. Key highlights and significance of this development in the broader oil and gas sector. 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. 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. Gobabis Depot . NAMCOR Otjiwarongo Depot. 1 Year Ago - 2022-10-24 01:00:00. By 2030, #Guyana’s hydrocarbon production could reach about 1. The facility is currently operating at 60% of its capacity. The company also acts as advisor to the Ministry of Mines and Energy and assists it in monitoring the. na, Board of Directors: Ms. The National Petroleum Corporation of Namibia will attend AEW 2022 as a platinum sponsor, shaping discussions around making energy poverty history on the back of oil, gas and green hydrogen. 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. com. He has worked for the National Petroleum Corporation of Namibia. I fully recommend Davidt for any position within his academic and professional profile!!!!!!”. 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. NAMCOR Exploration and Production Pty Ltd (NAMCOR) is seeking potential partners or investors for 3 permits, PEL 67, 72 and 79 they operate in the Orange Basin, offshore Namibia and has applied a closing date of 31st July 2021 to bids for these permits. Engage via Email. 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. | We are a legally enacted entity under the Namibian Companies Act 28 of 2004 with the Government of the Republic of Namibia as our sole shareholder. Latoya Geingos is a Business Strategy & Performance Management Secretary at National Petroleum Corporation of Namibia based in Windhoek, Khomas. 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. (previously known as Shell Exploration and Production (LXVIII) B. 1:20. Implement the Human Capital strategy to ensure that NAMCOR has an adequate human resources capacity to achieve business goals and objectives. The Petroleum Laws Amendment Act 1998 sets out provisions regulating the decommissioning of facilities used in petroleum exploration and production operations in Namibia . 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. PART IV General provisions relating to licences 9. 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. THE National Petroleum Corporation of Namibia (Namcor) wants to have three additional bulk fuel storage facilities at Ondangwa, Gobabis and in Windhoek, and is now looking for someone to construct and finance them. 11/12/2023 4:56 AM. The National Petroleum Corporation of Namibia and its partners, Shell Namibia Upstream B. (previously known as Shell Exploration and Production (LXVIII) B. The upstream petroleum industry in Namibia is primarily regulated by the Petroleum (Exploration and Production) Act 1991 (Act 2 of 1991) – the. +264 61204 5000, +264 6120 5060. About Us: We are a legally enacted entity under the Namibian Companies Act of 1973 with the. Name: National Petroleum Corporation Of Namibia (NAMCOR) Tel: +264 61 204 5000. 1 person has recommended Davidt Join. Fax: +264 61 204 5061 /30 / 92. Windhoek, Namibia —. It accounts for 25% of the country's income. National Petroleum Corporation of Namibia, founded in 1967 and headquartered in Windhoek, Khomas, is a petroleum drilling company. 7 June 2023. 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. V (45%), QatarEnergy (45%) and Namcor (10%), and are exploring for oil on their PEL0039. na. 5 million barrels a day, which is needed for the country’s development. BW got hold of the initial 56 per cent in the licence back in February 2017, also through an. Gazetted Notice on NAMCOR's Exemption request 14February 2019. , 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. The state-owned National Petroleum Corporation of Namibia (NAMCOR) is the key organisation in the sector. Fax: +264 61 204 5061 /30 / 92. In line with this goal, the National Petroleum Corporation of Namibia (NAMCOR) has joined Africa’s biggest energy event, the African Energy. V (45%), QatarEnergy (45%) and Namcor (10%), and are exploring for oil on their PEL0039. 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. “We can confirm that the negotiation was unsuccessful,” Namcor spokesperson Paulo Coelho confirmed on Tuesday. JBS Facilities. 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. 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 reserves. Functions of corporation. Represented by Namibian-based law firm,. 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. This marks a significant step forward in Namibia's oil exploration journey. Tel: +264 67 307 588 . Two opposition parties. 2% in 2013, 11. 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.