This will be followed by a number of NAMCOR-branded service stations at strategic locations around the country. Key highlights and significance of this development in the broader oil and gas sector. “We can confirm that the negotiation. with 10%. Projects & Maintenance Engineer at National Petroleum Corporation of Namibia. 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. 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. 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. To get a job at National Petroleum Corporation of Namibia, browse currently open positions and apply for a job near you. The facility is currently operating at 60% of its capacity. 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. Applications for, or renewal or transfer of, licenses or for approval for granting, cession or. 1:20. The National Petroleum Corporation of Namibia and its partners, Shell Namibia Upstream B. V. 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. ACT To provide for the reconnaissance, exploration, production and disposal of, and the exercise of control over, petroleum; and to provide for matters incidental thereto. The National Petroleum Corporation of Namibia and its partners, Shell Namibia Upstream B. 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. Name: National Petroleum Corporation Of Namibia (NAMCOR) Tel: +264 61 204 5000. 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. 5 million barrels a day, which is needed for the country’s development. 1 Year Ago - 2022-10-24 01:00:00. , 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. Restrictions on grant of licences. , or Namcor, posted a loss of 700 million Namibian dollars ($37 million) and said it faces “significant cash flow challenges”. 3 billion from the National Oil Storage Facility (NOSF). Private Bag 13196, Windhoek, Namibia. 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. National Petroleum Corporation of Namibia, founded in 1967 and headquartered in Windhoek, Khomas, is a petroleum drilling company. 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. National Petroleum Corporation of Namibia (NAMCOR) Address: Private Bag 13196 Windhoek: Phone +264 6122 1699: Fax +264 6122 1785: Our Partners Namibia Partners. View Sauraya’s full profile See who you. Whereas Shell Namibia Upstream B. com. Functions of Corporation Part IV – General provisions relating to licences 9. of Namibia (Pty. 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. WINDHOEK, 23 NOV (NAMPA) - The National Petroleum Corporation of Namibia (Namcor)’s board of directors is currently studying an investigation report on the internal maladministration. Tel: +264 67 307 588 . National Petroleum Corporation of Namibia Pty Ltd 1 Aviation Road, Petroleum House, Private Bag 13196, Windhoek, Namibia. 1991 The Petroleum (Exploration and Production) Act 1991 is passed. Growing Projections For Namibia’s Petroleum Industry Amidst Covid-19. 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. (a) an Exploration Licence to be issued in accordance with the provisions of section 34 of the said 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. 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. I fully recommend Davidt for any position within his academic and professional profile!!!!!!”. and Qatar Energy – announced the discovery of. An online repository of publicly available oil, gas, and mining contracts. Import and Export Petroleum Products NAMCOR 14 years 2 months Petroleum Trader NAMCOR Mar 2014 - Present 9 years 9 months. Two major oil discoveries were made during the first. The energy that keeps Namibia moving forward. Mar 06, 2023. 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. It accounts for 25% of the country's income. 11/12/2023 8:18 PM. By. Ellanie Smit. Despite the Ministry of Energy and Mines and Shell awaiting the results on the commercial viability of the find, the discovery has. 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. THE national petroleum company has given its employees until 19 November to get their first or second dose of the Covid-19 vaccine. November 7, 2023 Cobus Theyse. Shell Namibia Upstream B. Our world-class exploration and production database, and oil license blocks form some of the major attractions to Namibia’s hydrocarbon potential. The Ministry of International Relations and Cooperation. The board chairperson, Jennifer Comalie, confirmed this. dollar. NAMCOR is the operator of PEL 79, comprising of blocks 2815 and 2915 where they. National Petroleum Corporation of Namibia is part of the Energy, Utilities & Waste industry, and located in Namibia. Siegfried Neumann. Newest African oil jackpot: Namibia must overcome a long-standing corruption curse. Source: BW 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. com. Under the agreement, the two companies will jointly pursue an ongoing petroleum exploration program in the Kavango East and Kavango West regions of Namibia, with ReconAfrica covering the full costs to. With a 10% interest in multiple international companies operating in the country, NAMCOR is ready to help Namibia become one of the leading petroleum. The three are in a joint venture; Shell Namibia B. 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. PART IV General provisions relating to licences 9. We are actively involved in sourcing and selling as well as the distribution of petroleum products. 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. Continue Reading. I am an energetic, passionate, and dedicated individual who strives for excellence in all. Sintana has 49% carried interest through its indirect. 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. - 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. Uranium deposits are situated at the Rössing mine near the Swakopmund coastline. V. According to the three entities, a light oil discovery. The National Petroleum Corporation of Namibia (Namcor) has agreed to pay its finance executive, Jennifer Hamukwaya, N$1,6 million to leave the company. National Petroleum Corporation of Namibia (Pty) Ltd. Email. V. WINDHOEK, 23 NOV (NAMPA) - The National Petroleum Corporation of Namibia (Namcor)’s board of directors is currently studying an investigation report on the internal maladministration. 3% in 2012, 13. National Petroleum Corporation of Namibia Aug 2014 - Present 9 years 4 months. THE National Petroleum Corporation of Namibia (Namcor) has partnered with several companies to build fuel service stations across the country, an arrangement that includes politically connected. 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. 5% in 2010, 9. Since Managing Director Immanuel Mulunga took charge, the corporation. Energ y and economic development: Namibia's economy consists primarily of mining and manufacturing and its economy is tied closely to South Africa’s. | 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. 14. The Government of the Republic of Namibia is its sole shareholder. 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). * It remains unclear if Shell will develop a field (Adds ministry comment, link, removes exclusive tag)(OET) Namibia’s Ministry of Mines and Energy has granted a second one-year extension for the Petroleum Exploration License 87 (PEL 87) located in the Orange Basin. By 2030, #Guyana’s hydrocarbon production could reach about 1. 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. National Petroleum Corporation of Namibia . 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;Partners are QatarEnergy (45%) and the National Petroleum Corp. Uranium is one of the most exported commodities of Namibia. The Government of Namibia seeks to engage firms to compete for multi-billion U. National Accounts for 2022 showed that the size of the economy as measured by real Gross Domestic Product (GDP) grew by 3. Engage via Email. +264 6120 45061. Use the CB Insights Platform to explore National Petroleum Corporation of. . Namcor has stored Validus Energy’s petrol at the national oil Storage facility at Walvis Bay for N$21,6 million. In the past NAMCOR did not seek a participatory interest in licenses awarded. 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. Development and Implement HR policies, procedures and systems that support efficient and effective management of. The Government of the Republic of Namibia. Aron Tjihumino is a Projects & Maintenance Engineer at National Petroleum Corporation of Namibia based in Windhoek, Khomas. com. na. Shell Namibia Upstream BV (Shell) has a 45% participating interest in Petroleum Exploration License 39 (PEL 39), located offshore Namibia, with a 45% interest held by Qatar Energy and a 10% interest held by the National Petroleum Corporation of Namibia (NAMCOR). JBS Facilities. V (45%), QatarEnergy (45%) and Namcor (10%), and are exploring for oil on their PEL0039. Orange Basin Discovery National Petroleum Corporation of Namibia Pty Ltd 1 Aviation Road, Petroleum House, Private Bag 13196, Windhoek, Namibia. 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. 11/13/2023 6:09 AM. the construction of a retail fuel station for namcor at paradise in rundu, kavango east region, namibia: omhangela construction cc: download: sc/rp/nc-10/2021: the design, supply of. Part III – National Petroleum Corporation of Namibia 8. 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 will retain the remaining 5 per cent working interest. Under the Petroleum (Exploration and Production) Act of 1991 we have the mandate to carry out. 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 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. provides exploration and production services for onshore and offshore petroleum resources in Namibia. 1 day ago · The Namibian National Petroleum Corp. It. View Contact Info for Free. +264 1129 0957. It controls the exploration activities for oil and gas upstream by. A LOOK AT WHAT’S NEXT FOR NAMCOR. “We can confirm that the negotiation was unsuccessful,” Namcor spokesperson Paulo Coelho confirmed on Tuesday. HERE IS TODAY’S BULLETIN FOR 08H00FRIDAY, 24 NOVEMBER 2023NAMIBIA PRESS AGENCY 1 (WINDHOEK, 24 NOV, NAMPA) - The National. Coupled with the Graff-1X and Venus-1X finds (made in 2022 merely. ] By. 1 Aviation Road, Petroleum House Private Bag 13196, Windhoek. 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. 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. An online repository of publicly available oil, gas, and mining contracts. Email. Unlocking Namibia’s oil and gas potential: insights from African Energy Week (AEW) 2023 presentation by Namcor. 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. The National Petroleum Corporation of Namibia (Namcor) has confirmed that Lionel Matthews is no longer in the running to become its acting managing director. NAMCOR is the operator of PEL 79, comprising of blocks 2815 and 2915 where they have 67%. 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). The National Petroleum Corporation of Namibia (Namcor) has announced a third oil discovery in the Orange Basin off Namibia's southern coast. NAMCOR Gobabis Depot. Its members ensured the balance, inclusivity and relevance of. The National Petroleum Corporation of Namib-ia (PTY) Ltd (Namcor), is a private company duly incorporated under the company laws ofThe French energy giant has allocated almost 50% of its global exploration budget, totaling N$5,5 billion (US$300 million), to Namibia this year, with the aim of confirming the multibillion-barrel. 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 head of the board of directors at Namibia’s national oil company has appeared in court to face charges of dealing drugs. The remaining 10% stake in the Orange Basin licence is held by National Petroleum Corporation of. 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. 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. 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. 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. Namibia; Core Values; Board of Directors; Executive Management; Stakeholders; National Legal Framework; Corporate Social Responsibility NDUME TRADING, RAFS RAINBOW AVIATION FUELING, SKY WAY INVESTMENTS AND ACER LOGISTICS NAMIBIA: Download: NCS/ONB/NC-08/2021: Provision of Clearing Agency Services for NAMCOR Petroleum Products Imports and Exports Via Vessel and Trucks for a Period of Three (3) Years: Hilenish Investment cc: Download: G/OIB/NC-01/2021 Namibia expects its biggest oil discoveries since independence to help double its economy by 2040, Jennifer Comalie, chairperson of National Petroleum Corp. The Government of the Republic of Namibia. V. Since 2013, the Namibian Ports Authority, the National Petroleum Corporation of Namibia and the Ministry of Agriculture have borrowed over N$21 billion. Source: AP Group Namibian national oil company Namcor is progressing plans to further develop the. , 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 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. No description available. 5% in 2011, 12. National Petroleum Corporation of Namibia 8. 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. T +264 61 204 5000 F +264. 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. NAMCOR was appointed by the Government of the. 6% in 2022 after falling by a revised. [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. na. 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. Products/Services overview. . Their world-class exploration and production database, and oil license blocks form some of the major attractions to Namibia’s hydrocarbon potential. 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. 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. Prohibition on carrying out certain operations without licence . A Commissioner for Petroleum Affairs, a Chief Inspector of Petroleum Affairs, and designation other officers shall be appointed by the Minister under section 3. ". (Bloomberg) — Namibia expects its biggest oil discoveries since independence to help double its economy by 2040, Jennifer Comalie, chairperson of National Petroleum Corp. 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. na. Shell, which has a similar stake, is the operator of the licence. Last Update. 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 PEL 39 blocks are located in. The company also acts as advisor to the Ministry of Mines and Energy and assists it in monitoring the. 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. Engage via Email. In Namibia, Shell is in the early stages of exploring offshore for oil and natural gas. Hamukwaya sued the state oil. He has worked for the National Petroleum Corporation of Namibia. The exploration license is held by a consortium comprised of QatarEnergy (45%), Shell (45%), and the National Petroleum Corporation of Namibia “NAMCOR” (10%). 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. Acting public enterprise minister Iipumbu Shiimi said this in his response in. PEL 0039 covers about 12,000 sq km in deep water, 250 km off the southern coast of Namibia. Successfully led the implementation of a terminal management system. National Petroleum Corporation of Namibia, founded in 1967 and headquartered in Windhoek, Khomas, is a petroleum drilling company. General powers of Commissioner and Chief Inspector are defined in section 4. na, Board of Directors: Ms. 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. Nestor Sheefeni is the Engineering & Technical Services Executive at National Petroleum Corporation of Namibia based in Windhoek, Khomas. Acting public enterprise minister Iipumbu Shiimi said this in his response in. The National Petroleum Corporation of Namibia (NAMCOR) – alongside partners Shell Namibia Upstream B. Mining is the biggest contributor to Namibia 's economy in terms of revenue. Our downstream strategy is to establish and secure strategically located fuels and lubricants distribution networks, as well as sales infrastructure to. Tujoromajo Kasuto The National Petroleum Corporation of Namibia (NAMCOR) has won the National Oil Company of the Year accolade for the second year running at the Africa Energies Summit, which took place from 17 to 19 May in London. Industry Oil & Gas Exploration & Services Energy, Utilities & Waste TreatmentNational Petroleum Corporation of Namibia (NAMCOR) University of KwaZulu-Natal. Windhoek Namibia Responsible for Old Mutual Namibia's investment management business, with N$30 billion in pension fund, long term insurance. Managing Director Immanuel Mulunga says that this means “our peers and the international stakeholders. Timoteus Ekandjo (Vice Chairperson) / Mr. 11. 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. 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. Gobabis Depot . 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. Contact NumberThe National Petroleum Corporation of Namibia (Namcor) board of directors has suspended the company’s managing director, Immanuel Mulunga. Walvis Bay Depot. NAMCOR is the National Petroleum Corporation of Namibia and is a legally enacted entity with limited liability under the Namibian Companies Act of 1973. The National Petroleum Corporation of Namibia (NAMCOR) – alongside partners Shell Namibia Upstream B. 6 national pEtrolEum Corporation oF namibia AnnuAl RepoRt 2015 rated by distillation or fracturing. However, at the request of the Minister. 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. Manager at National Petroleum Corporation of Namibia. The Namibian government plans to fast-track the project for production to commence by 2026. 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. Last Update. na, Board of Directors: Ms. Complimentary to this,Whereas Shell Namibia Upstream B. The Gas produced from the Kudu Gas Field will. The National Petroleum Corporation of Namibia (Namcor) is established out of Swakor. November 7, 2023 Cobus Theyse. “Namcor imports its product and distributes it inland to its customers and exports the rest to its customers in Botswana and Zambia. June 6, 2023 at 7:28 AM PDT. The Namibian National Petroleum Corp. Latoya Geingos is a Business Strategy & Performance Management Secretary at National Petroleum Corporation of Namibia based in Windhoek, Khomas. Namibia has committed to reducing its overall greenhouse gas (GHG) emissions by 92 percent by 2030 from the business-as-usual baseline level. You can see how this popup was set up in our step-by-step guide: //wppopupmaker. 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) 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. Read More. ) (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!. Windhoek, Namibia —. 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). 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. 6% in 2014) is also very important and makes it one of the largest economic sectors of the. (previously known as Shell Exploration and Production (LXVIII) B. 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. 2% in 2013, 11. Functions of Corporation . Sep 2019 - Present 4 years 3 months. 4. of Namibia, said in a. Leon Hermann is a Manager at National Petroleum Corporation of Namibia based in Windhoek, Khomas. 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. In December 2017, Pancontinental signed a Petroleum Agreement with the Ministry of Mines and Energy of Namibia (Ministry) and Namibian partners for PEL. The purpose of the enterprise is to provide and maintain an adequate, reliable, competitive, safe and efficient gas service to customers at. 11. com. Namcor imported 20 million litres of ULP (unleaded petrol) of which 3. 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. The state-owned National Petroleum Corporation of Namibia (NAMCOR) is the key organisation in the sector. The remaining 10% stake in the Orange Basin licence is held by National Petroleum Corporation of Namibia (NAMCOR). You can see how this popup was set up in our step-by-step guide: //wppopupmaker. com. LPG Liquid Petroleum Gas MME Ministry of Mines and Energy MW Mega-Watt NAMCOR National Petroleum Corporation of Namibia NamPower Namibia Power Corporation NEC National Energy Council NEF National Energy Fund NEI Namibia Energy Institute NERA Namibia Energy Regulatory Authority NIRP National Integrated Resource Plan. 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. The National Petroleum Corporation of Namibia (Namcor) was appointed by government to manage and operate the NOSF in Walvis Bay. The initial development plan for the field was a gas-to-power project, with Namibia Power Corporation (NAMPOWER) as the downstream partner. 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 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,. T +264 61 204 5000 F +264 61 204 5061/30/92 E info@namcor. V. (previously known as Shell Exploration and Production (LXVIII) B. National Petroleum Corporation of Namibia, founded in 1967 and headquartered in Windhoek, Khomas, is a petroleum drilling company. Hydrocarb Energy Corporation has announced that its subsidiary, Hydrocarb Namibia Energy Corporation Ltd. “ Davidt is a dedicated executive with wide experience in business administration and petroleum industry. 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. 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. 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. Section 8 defines the functions of the National Petroleum Corporation of Namibia. 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. 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. 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. com. Downstream activities generally refer to the marketing and distribution of petroleum products. 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. An online repository of publicly available oil, gas, and mining contracts. Hamukwaya sued the state oil company in March after it refused to extend her employment contract for another five years. 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. com/guides/auto-opening-announcement-popups/National Petroleum Corporation of Namibia (NAMCOR) Mar 2014 - Present 9 years 9 months. 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. Frequently Ask Questions. Get the latest business insights from Dun &. From January 2020 to date, the National Petroleum Corporation of Namibia (Namcor) has generated N$3. 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. TFG Donates School uniforms in partnership with SOS CV NAMIBIA. Acquire Petroleum Products from International Markets and Ensure Efficient Import of this Products into Namibia. Namcor’s executive for business strategy, Shiwana Ndeunyema,. However, at the request of the Minister. 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. 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 [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. [1] Its contribution to the gross domestic product (10. 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). Rikumbi Kandanga Street, Walvis Bay. This will be followed by a number of NAMCOR-branded service stations at strategic locations around the country. 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. Name: National Petroleum Corporation Of Namibia (NAMCOR) Tel: +264 61 204 5000. NAMCOR Otjiwarongo Depot. V. 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. Jennifer Comalie (Chairperson) / Mr. Industry Oil & Gas Exploration & Services Energy, Utilities & Waste TreatmentNATIONAL OIL STORAGE OF NAMIBIA (NOSF) John Ovenstone Road, Walvis Bay. National Fishing Corporation of Namibia Act 28 of 1999. “We are delighted to announce this third oil discovery,” state-owned oil firm National Petroleum Corporation of Namibia (NAMCOR), said in a statement. Namcor managing director Immanuel Mulunga said. Listen. National Petroleum Corporation of Namibia (NAMCOR) Address: Private Bag 13196 Windhoek: Phone +264 6122 1699: Fax +264 6122 1785: Our Partners Namibia Partners. Represented by Namibian-based law firm,. “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. V. Implement the Human Capital strategy to ensure that NAMCOR has an adequate human resources capacity to achieve business goals and objectives. 11/12/2023 4:56 AM. 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. 9. Tom. 4% in 2009, 8. l@namcor. It also recently started handling products that are imported by. View Contact Info for Free. 19 April 2023. 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. ” - ReconAfrica estimates they could extract Possibly 120 billion barrels of oil [2] - ReconAfrica holds a 90% interest in a petroleum exploration license in. 494 likes, 21 comments - thenamibian on November 20, 2023: "A joint venture has threatened the National Petroleum Corporation of Namibia (Namcor) with a liqu. 1 person has recommended Davidt Join. Last Update. Walvis Bay, Erongo Region, Namibia. 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. 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. 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. National Petroleum Corporation of Namibia (Pty) Ltd. na, Board of Directors: Ms. Source: AP Group Namibian national oil company Namcor is. The consortium partners comprising QatarEnergy (45 percent interest), Shell (operator, 45 percent interest) and National Petroleum Corporation of Namibia “NAMCOR” (10 percent interest), have. Canadian company Reconnaissance Energy Africa and its joint venture partner, the National Petroleum Corporation of Namibia (Namcor), have been granted. Shell, which has a similar stake, is the operator of the licence. Further work is needed to determine the quality and size of. NAMCOR is the National Petroleum Corporation of Namibia, established under the Petroleum (Exploration and Production) Act of 1991. na. 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. 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. of Namibia (NAMCOR) (10%).