oil sector

3 Results / Page 1 of 1

Namibia

Mulunga, Ex-Namcor Execs Nabbed in ACC Crackdown

The Anti-Corruption Commission has arrested former Namcor MD Immanuel Mulunga, ex-supply and logistics manager Cornelius ‘Cedric’ Willemse, and former CFO Jennifer Hamukwaya, along with another unnamed person. The arrests, confirmed late yesterday, are linked to a major corruption probe, NewsOnOne’s Willem Snyman.  Meanwhile, Public Relations and Communications Specialist Utaara Hoveka gave the update saying NAMCOR has distanced itself from the case, stressing that none of those involved are current employees […]

today9 July, 2025

Business / Economics

World-class Agogo FPSO vessel to make technical stop at Walvis Bay

Port of Walvis Bay, Namibia One of the world’s most advanced offshore oil production vessels, the Agogo Floating Production Storage and Offloading unit, will make a brief but noteworthy stop at Walvis Bay on Thursday, 8 May 2025. The vessel is scheduled to arrive at 7 am local time, though this may change slightly depending on operational conditions. The Agogo FPSO, built and operated by Yinson Production for Azule Energy, […]

today2 May, 2025

Business / Economics

S.A’s Ramaphosa Urges Stronger Trade and Investment with Angola

  S.A President Cyril Ramaphosa has called for stronger trade and investment ties between South Africa and Angola. Speaking during the state visit of Angolan president João Lourenço, Ramaphosa said both countries must explore new economic opportunities beyond the oil sector, particularly in areas such as infrastructure, agriculture, and renewable energy:  

today13 December, 2024