Financial restructuring strengthens NAMCOR’s performance

Financial restructuring strengthens NAMCOR’s performance

The National Petroleum Corporation of Namibia has given an update on its efforts to become a leading energy company. According to Paulo Coelho, Manager of Marketing, Communications, and Public Relations, Namcor is focusing on financial restructuring, improving operations, and accountability to strengthen its performance.

October 2, 2024 33

Business / Economics

Public interest grows following recent offshore oil discoveries

The Namibia Petroleum Operators Association hosted a press seminar to help the public better understand the country’s oil and gas industry. Recent offshore discoveries have increased public interest, making it important to provide clear and accurate information. NAMPOA Chairperson and BW Kudu Country Chairperson, Dr. Klaus Endresen, spoke about the economic challenges that the sector is facing.

September 24, 2024 46

Business / Economics

Namcor signs deal with Chevron for offshore exploration

The National Petroleum Corporation of Namibia has signed a Farm-Out Agreement with Chevron Namibia Exploration Limited, a subsidiary of Chevron Global Energy Inc. This agreement will see CNEL acquire an 80 percent operating working interest in Petroleum Exploration License 82, that is located in the Walvis Basin, offshore Namibia. Here is NamCor Manager Of Marketing, Communications, and Public Relations, Paulo Coelho.

April 29, 2024 68