Exploring & Fuelling Namibia

Our Vision


To be a world-class petroleum organisation providing sustainable benefits to all stakeholders.

 
 

Our Mission


 

  • To enter into and maintain successful and mutually beneficial partnerships;
  • To offer convenience, and quality products and services to our customers;
  • To offer a motivating, engaging, high-performing, safe and rewarding work environment;
  • To meet shareholder’s expectations by running profitable and successful operations;
  • To be a responsible corporate citizen which is mindful of the community and the environment in which it operates.
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    Who We Are


    We are a legally enacted entity under the Namibian Companies Act of 1973 with the Government of the Republic of Namibia as our sole shareholder. Under the Petroleum (Exploration and Production) Act of 1991 we have the mandate to carry out reconnaissance, exploration and production operations either on its own or in partnership with other organisations in the industry.

     
     

    What We Do


    Our upstream activities include exploration and production, promotion and maintaining an advisory and regulatory role.

    Exploration and Production


    To date, 48 exploration, one production, and two Coal Bed Methane licenses have been issued to Namibian and international oil and gas companies. Overall, a total of 15 exploratory wells, 7 appraisal wells drilled in the KUDU gas field/license area have been drilled offshore Namibia. Subsequently, 10 ODP/DSPD wells have been drilled for research studies by various universities offshore. In addition, 10 exploratory wells have been drilled onshore.

     
     

    Commercial and Marketing


    We have a variety of petroleum products from our depot network. We also offer different customer value propositions to the various market sectors such as the mining, construction, commercial road transport, manufacturing, fishing resellers and farming sectors.

    Promotion


    We play a major role in the active marketing or promotion of the hydrocarbon potential of the Namibian acreage to local and international oil exploration and production companies. Having identified prospects and leads with potential for accumulating hydrocarbons and carried out all necessary petroleum geological and geophysical work required, such acreage is offered to local and international oil companies.

     
     

    Regulatory role


    Our role as government institution is to actively promote the hydrocarbon potential of Namibia. In exercising this role the company is tasked with advising the Ministry of Mines and Energy on policy issues regarding the upstream petroleum industry and monitoring the petroleum activities of oil companies operating within Namibia. We have since independence facilitated the signing of several petroleum agreements with international oil companies.

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