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. 5% in 2021 and 4. Tel: +264 64 200 265 . This is an average of over N$620 000 per. 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. 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. 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. na, Board of Directors: Ms. 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. Sintana holds a 49% indirect interest in Custos. 6% in 2022 after falling by a revised. Siegfried Neumann. I fully recommend Davidt for any position within his academic and professional profile!!!!!!”. Opportunities. Leon Hermann's Phone Number and Email. 2% in 2013, 11. 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. The National Petroleum Corporation of Namibia (NAMCOR) – alongside partners Shell Namibia Upstream B. 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. 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. 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. ” - ReconAfrica estimates they could extract Possibly 120 billion barrels of oil [2] - ReconAfrica holds a 90% interest in a petroleum exploration license in. 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. QatarEnergy said that it has found oil offshore Namibia making it the third offshore oil discovery made in the African country. The energy that keeps Namibia moving forward. Sep 2019 - Present 4 years 3 months. PART IV . with 10%. 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 Namibian government plans to fast-track the project for production to commence by 2026. The National Petroleum Corporation of Namibia and its partners, Shell Namibia Upstream B. No description available. 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. 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. V. Import and Export Petroleum Products NAMCOR 14 years 2 months Petroleum Trader NAMCOR Mar 2014 - Present 9 years 9 months. Jennifer Comalie (Chairperson) / Mr. provides exploration and production services for onshore and offshore petroleum resources in Namibia. View Contact Info for Free. “We can confirm that the negotiation was unsuccessful,” Namcor spokesperson Paulo Coelho confirmed on Tuesday. He has worked for the National Petroleum Corporation of Namibia. 1 day ago · The Namibian National Petroleum Corp. the resulting hydrocarbon molecules (fractions) often are further treated to change their size or structure, which makes them more usable. Shell, which has a similar stake, is the operator of the licence. 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. l@namcor. By. His trustworthy with people and company's property is something anyone will admire. 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. You can see how this popup was set up in our step-by-step guide: //wppopupmaker. 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. By. We are actively involved in sourcing and selling as well as the distribution of petroleum products. Projects & Maintenance Engineer at National Petroleum Corporation of Namibia. An online repository of publicly available oil, gas, and mining contracts. 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. It also assists the Ministry with the administration of the Petroleum (Exploration and Production) Act. 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. 5% in 2011, 12. 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. The National Petroleum Corporation of Namibia (Namcor) has announced a third oil discovery in the. 10. The National Petroleum Corporation of Namibia (Namcor) was appointed by government to manage and operate the NOSF in Walvis Bay. The Kudu Development Project has as its purpose the development of the Kudu Gas Field located offshore Republic of Namibia. 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. Diana Vekarapi is a Business Systems Analyst at National Petroleum Corporation of Namibia based in Windhoek, Khomas. 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. The National Petroleum Corporation of Namibia (NAMCOR) – alongside partners Shell Namibia Upstream B. of Namibia (NAMCOR) (10%). 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. QatarEnergy has signed a Cooperation Agreement with NAMCOR Exploration and Production, a subsidiary of the National Petroleum Corporation of 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). 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. Multinational oil and gas company, Shell, has been actively exploring Namibia’s offshore basins since 2014. 1 Year Ago - 2022-10-24 01:00:00. Two opposition parties. 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. The National Petroleum Corporation of Namibia (Namcor) has announced a third oil discovery in the. and Qatar Energy. 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. 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. Source: AP Group Namibian national oil company Namcor is progressing plans to further develop the. com. Read More. 5% in 2010, 9. The National Petroleum Corporation of Namibia (Namcor) has confirmed that Lionel Matthews is no longer in the running to become its acting managing director. Rikumbi Kandanga Street, Walvis Bay. ) (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!. 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 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. Their world-class exploration and production database, and oil license blocks form some of the major attractions to Namibia’s hydrocarbon potential. The PEL 39 blocks are located in. 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. 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. . Name: National Petroleum Corporation Of Namibia (NAMCOR) Tel: +264 61 204 5000. V. 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. 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. 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. 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. The state-owned National Petroleum Corporation of Namibia (NAMCOR) is the key organisation in the sector. dollar. * 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. T +264 61 204 5000 F +264 61 204 5061/30/92 E info@namcor. Namcor has no regulatory authority nor statutory right to participate in petroleum development. Under the Petroleum (Exploration and Production) Act of 1991 NAMCOR (Pty) Ltd has the right to carry out reconnaissance. 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. V. National Petroleum Corporation of Namibia (NAMCOR) Aug 2014 - Present 9 years 4 months. The Government of the Republic of Namibia. 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. 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. The remaining 10% stake in the Orange Basin licence is held by National Petroleum Corporation of Namibia (NAMCOR). Section 8 defines the functions of the National Petroleum Corporation of Namibia. 6% in 2014) is also very important and makes it one of the largest economic sectors of the. Contact NumberThe National Petroleum Corporation of Namibia (Namcor) board of directors has suspended the company’s managing director, Immanuel Mulunga. In December 2017, Pancontinental signed a Petroleum Agreement with the Ministry of Mines and Energy of Namibia (Ministry) and Namibian partners for PEL. 4% in 2009, 8. 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. of Namibia (Pty. 4. Read More. BW got hold of the initial 56 per cent in the licence back in February 2017, also through an. It accounts for 25% of the country's income. Downstream activities generally refer to the marketing and distribution of petroleum products. V. Manager at National Petroleum Corporation of Namibia. 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. . 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. com. Email. Tel: +264 64 285 918 . 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. 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. Its members ensured the balance, inclusivity and relevance of. 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. 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. This is an average of over N$620 000 per. National Petroleum Corporation of Namibia is part of the Energy, Utilities & Waste industry, and located in Namibia. 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. 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 (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. 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. 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. From January 2020 to date, the National Petroleum Corporation of Namibia (Namcor) has generated N$3. These areas directly or indirectly support the National Development Plan 3, Harambee Prosperity Plan, the Sustainable Development Goals (SDGs) of the United Nations – which put an emphasis on eradicating poverty and. National Petroleum Corporation of Namibia Pty Ltd 1 Aviation Road, Petroleum House, Private Bag 13196, Windhoek, Namibia. Coupled with the Graff-1X and Venus-1X finds (made in 2022 merely. Source: BW Energy. Restrictions on grant of licences 11. Mar 06, 2023. Fax: +264 61 204 5061 /30 / 92. 6 million litres still remain, 37 million litres of ADO (diesel) of. NAMCOR Annual Report 2012 5 ManaGinG diRecToR’s and chaiRMan’s RepoRT T he 2012 financial figures has certainly abetted in this recovery action, with the group grossing a net income of N$ 47 118 156 before taxation. You can see how this popup was set up in our step-by-step guide: //wppopupmaker. 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. V. Immanuel Mulunga. The three are in a joint venture; Shell Namibia B. In the meantime, the company has failed to appoint banker Lionel Matthews as its acting managing. na, Board of Directors: Ms. 5 million barrels a day, which is needed for the country’s development. PART IV General provisions relating to licences 9. Uranium is one of the most exported commodities of Namibia. The remaining 10% stake in the Orange Basin licence is held by National Petroleum Corporation of. Since 2013, the Namibian Ports Authority, the National Petroleum Corporation of Namibia and the Ministry of Agriculture have borrowed over N$21 billion. Acquire Petroleum Products from International Markets and Ensure Efficient Import of this Products into Namibia. com. Sintana has 49% carried interest through its indirect. The Qatari national oil company has a stake of 45% in the PEL-39 licence. com. 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 will be followed by a number of NAMCOR-branded service stations at strategic locations around the country. Functions of Corporation Part IV – General provisions relating to licences 9. Namibia has committed to reducing its overall greenhouse gas (GHG) emissions by 92 percent by 2030 from the business-as-usual baseline level. Complimentary to this,Whereas Shell Namibia Upstream B. Namcor imported 20 million litres of ULP (unleaded petrol) of which 3. An online repository of publicly available oil, gas, and mining contracts. The National Petroleum Corporation of Namibia (Namcor) has confirmed that Lionel Matthews is no longer in the running to become its acting managing director. JBS Facilities. Cengas Windhoek. View Contact Info for Free. 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 (Namcor) (A State-Owned Company) 10% with costs carried to the development stage. The Petroleum Laws Amendment Act 1998 sets out provisions regulating the decommissioning of facilities used in petroleum exploration and production operations in Namibia . 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). National Petroleum Corporation of Namibia Aug 2014 - Present 9 years 4 months. 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. Managing Director Immanuel Mulunga says that this means “our peers and the international stakeholders. Email: info@namcor. 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. NAMCOR Otjiwarongo Depot. (previously known as Shell Exploration and Production (LXVIII) B. View Contact Info for Free. NAMCOR will retain the remaining 5 per cent working interest. Namibia’s competitive petroleum exploration scene has helped the state-owned National Petroleum Corporation of Namibia (NAMCOR) to take a stand in. “We can confirm that the negotiation. Orange Basin Discovery National Petroleum Corporation of Namibia Pty Ltd 1 Aviation Road, Petroleum House, Private Bag 13196, Windhoek, Namibia. Namcor has no regulatory authority nor statutory right to participate in petroleum development. Since Managing Director Immanuel Mulunga took charge, the corporation. 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 Namibian National Petroleum Corp. 11. 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. 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. The consortium partners comprising QatarEnergy (45 percent interest), Shell (operator, 45 percent interest) and National Petroleum Corporation of Namibia “NAMCOR” (10 percent interest), have. NAMIBIA PEL 87 Orange Basin PANCONTINENTAL 75%. National Petroleum Corporation of Namibia Pty Ltd 1 Aviation Road, Petroleum House, Private Bag 13196, Windhoek, Namibia. 1:20. 14. The Government of Namibia seeks to engage firms to compete for multi-billion U. procurement policy. The National Petroleum Corporation of Namibia (Namcor) has announced a third oil discovery in the Orange Basin off Namibia's southern coast. In the past NAMCOR did not seek a participatory interest in licenses awarded. . “We are delighted to announce this third oil discovery,” state-owned oil firm National Petroleum Corporation of Namibia (NAMCOR), said in a statement. Canadian company Reconnaissance Energy Africa and its joint venture partner, the National Petroleum Corporation of Namibia (Namcor), have been granted. 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. The recent allegations of impropriety and controversies surrounding the leadership of the National Petroleum Corporation of Namibia (Namcor) have sparked widespread concern. Energ y and economic development: Namibia's economy consists primarily of mining and manufacturing and its economy is tied closely to South Africa’s. Last Update. 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. Email. Read More. ". The National Petroleum Corporation of Namibia (Namcor) has announced a third oil discovery in the Orange Basin off Namibia's southern coast. About Us: We are a legally enacted entity under the Namibian Companies Act of 1973 with the. 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. Latoya Geingos's Phone Number and Email. A Commissioner for Petroleum Affairs, a Chief Inspector of Petroleum Affairs, and designation other officers shall be appointed by the Minister under section 3. 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 purpose of the enterprise is to provide and maintain an adequate, reliable, competitive, safe and efficient gas service to customers at. Aron Tjihumino's Phone Number and Email. V. Last Update. 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 led a strategic workshop at NIEC 2023 on Tuesday, highlighting Namibia’s. According to the three entities, a light oil discovery. Gobabis Depot . Ellanie Smit. 5 million barrels a day, which is needed for the country’s development. 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. But the Constitution goes on further to say that such ownership must be exercised within the limits and confines of the law, including duly signed agreements. 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. Ellanie Smit. V. National Petroleum Corporation of Namibia, founded in 1967 and headquartered in Windhoek, Khomas, is a petroleum drilling company. 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. By 2030, #Guyana’s hydrocarbon production could reach about 1. 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 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. Development and Implement HR policies, procedures and systems that support efficient and effective management of. Get the latest business insights from Dun &. 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. ) (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!. November 7, 2023 Cobus Theyse. Acting public enterprise minister Iipumbu Shiimi said this in his response in. TFG Donates School uniforms in partnership with SOS CV NAMIBIA. S. 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. 9. The board chairperson, Jennifer Comalie, confirmed this. 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. [1] Its contribution to the gross domestic product (10. , or Namcor, posted a loss of 700 million Namibian dollars ($37 million) and said it faces “significant cash flow challenges”. The facility is currently operating at 60% of its capacity. Fax: +264 61 204 5061 /30 / 92. Restrictions on grant of licences . An online repository of publicly available oil, gas, and mining contracts. I am an energetic, passionate, and dedicated individual who strives for excellence in all. Industry Oil & Gas Exploration & Services Energy, Utilities & Waste TreatmentNational Petroleum Corporation of Namibia (NAMCOR) University of KwaZulu-Natal. THE national petroleum company has given its employees until 19 November to get their first or second dose of the Covid-19 vaccine. Timoteus Ekandjo (Vice Chairperson) / Mr. The National Petroleum Corporation of Namibia (Namcor) has agreed to pay its finance executive, Jennifer Hamukwaya, N$1,6 million to leave the company. T +264 61 204 5000 F +264. The Qatari national oil company has a stake of 45% in the PEL-39 licence. V. 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. 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. Prohibition on carrying out certain operations without licence . Despite the Ministry of Energy and Mines and Shell awaiting the results on the commercial viability of the find, the discovery has. Prohibition on carrying out certain operations without licence. 2014 - 2018. 3 billion from the National Oil Storage Facility (NOSF). •Facilitated the procurement of goods and services in line with the public. With a 10% interest in multiple international companies operating in the country, NAMCOR is ready to help Namibia become one of the leading petroleum. 11/12/2023 8:18 PM. Namcor managing director Immanuel. National Petroleum Corporation of Namibia (Pty) Ltd. . com. 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,. 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. , 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. V. 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. However, at the request of the Minister. Unlocking Namibia’s oil and gas potential: insights from African Energy Week (AEW) 2023 presentation by Namcor. Industry Oil & Gas Exploration & Services Energy, Utilities & Waste TreatmentNATIONAL OIL STORAGE OF NAMIBIA (NOSF) John Ovenstone Road, Walvis Bay. 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 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. com/guides/auto-opening-announcement-popups/National Petroleum Corporation of Namibia (NAMCOR) Mar 2014 - Present 9 years 9 months. The three are in a joint venture; Shell Namibia B. - 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. 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. +264 1129 0957. 3 billion from the National Oil Storage Facility (NOSF). 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. 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. Namcor. 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. However, the government faces challenges in avoiding the resource curse that has. Functions of corporation. 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. na. 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. National Petroleum Corporation of Namibia. Email: info@namcor. 3% in 2012, 13. Use the CB Insights Platform to explore National Petroleum Corporation of. National Petroleum Corporation of Namibia (Pty) Ltd. 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). Products/Services overview. Timoteus Ekandjo (Vice Chairperson) / Mr. National Petroleum Corporation of Namibia 8. 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. T +264 61 204 5000 F +264 61 204 5061/30/92 E info@namcor. 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. NAMCOR is the operator of PEL 79, comprising of blocks 2815 and 2915 where they have 67%. However, at the request of the Minister. National Accounts for 2022 showed that the size of the economy as measured by real Gross Domestic Product (GDP) grew by 3. 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. You can see how this popup was set up in our step-by-step guide: //wppopupmaker. Hydrocarb Energy Corporation has announced that its subsidiary, Hydrocarb Namibia Energy Corporation Ltd. 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. A LOOK AT WHAT’S NEXT FOR NAMCOR. Two major oil discoveries were made during the first. 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 holds the remaining 10 per cent. Education Namibia University of Science and Technology Bachelor's degree Economics. 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. In Namibia, Shell is in the early stages of exploring offshore for oil and natural gas. com. 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 managing director Immanuel Mulunga said. Name: National Petroleum Corporation Of Namibia (NAMCOR) Tel: +264 61 204 5000. 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. 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. National Petroleum Corporation of Namibia, founded in 1967 and headquartered in Windhoek, Khomas, is a petroleum drilling company. Mining is the biggest contributor to Namibia 's economy in terms of revenue. Restrictions on grant of licences. 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. com. 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. 1 person has recommended Davidt Join. 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. Applications for, or renewal or transfer of, licenses or for approval for granting, cession or. 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. The government can cancel or reduce some fuel levies such as the National Petroleum Corporation of Namibia (Namcor) and the Road Fund Administration, as fuel drives the prosperity of the economy. Frequently Ask Questions. This decision was made by the Namcor board during a sitting on 27 January. na, Board of Directors: Ms. 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.