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NAMCOR intensifies search for courting partners

NAMCOR’s Exploration & Production Asset Manager, Victoria Sibeya responding to an American businessman interested in Namibia gas and oil exploration activities at the North American Prospect Expo, in Houston Texas.

NAMCOR’s Exploration & Production Asset Manager, Victoria Sibeya responding to an American businessman interested in Namibia gas and oil exploration activities at the North American Prospect Expo, in Houston Texas.

The Namibia Petroleum Corporation of Namibia will participate in the American Property and Petroleum Expo in London, England slated for March 2014. NAMCOR was a participant of the North American Prospect Expo in Houston, Texas recently. The platform provided NAMCOR with an opportunity to showcase Namibia’s hydrocarbon potential. NAMCOR’s Acting Manager Exploration and Production Uaapi Utjavari, Communications and Public Relations Specialist Utaara Hoveka, and Ministry of Mines and Energy Petroleum Geologist Maggy Shino will represent Namibia and NAMCOR at the sessions. Said Utjavari, “In the last two years, we have attracted numerous petroleum companies to Namibia partly because of our participation in these high level sessions. Namibia has become a petroleum hot spot because of big names that have come into the country especially over the last two years or so.” South Africa, Benin, Ghana, The Republic of Congo, and Morocco are among the African countries that will participate in the conference in England. Namibia will also host international oil conferences this year, namely the Western Africa Oil, Gas and Energy Conference that will run from 14-16 April, West Africa Presalt Forum from 5-7 June and The International Oil and Gas Conference from 17 to 19 September.

NAMCOR, joined numerous companies around the world at one of America’s biggest upstream exploration and production expo under the name North American Prospect Expo, held from the 4th to the 7th of February in Houston, Texas. The company’s participation in the event forms part of its tireless efforts to continuously raise Namibia’s profile as an attractive investment destination in the petroleum sector. At the same time it aims to retain existing relations, while forming new partnerships. NAMCOR show cased Namibia’s petroleum licensing process commonly known as acreage in the industry, and also explained the geology of Namibia to potential investors with a specific focus on the oil and gas opportunities also known as hydrocarbon potential. The Kudu Gas and Data Management  projects also featured prominently at the event. The Kudu Gas project is the main strategic power generation project for Namibia, while the data management project will assist NAMCOR market Namibia’s hydrocarbon exploration potential internationally, on the basis of the data at hand.
NAMCOR’s Managing Director Obeth Kandjoze described the company’s participation in the NAPE Expo as “an important oil and gas platform that offers an immense network base to NAMCOR and Namibia.” NAMCOR Kudu Gas Project Leader Manfredt Muundjua is equally upbeat about the Namibian state owned petroleum company’s participation in NAPE 2014. “It gives NAMCOR and the Namibian petroleum sector appropriate publicity, while at the same time affording a unique opportunity to interact with service providers and potential investors.”

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