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As part of NAMCOR’s tireless efforts to promote Namibia as an attractive destination for petroleum potential, the company is in the process of setting up a Data Center. Costs of putting up the building and equipping will be between N$6 and N$7 million.

The Exploration & Production (E&P) and the Information, Communication and Technology (ICT) departments are working closely on the project, which is scheduled to be finalized by June 2015.

Exploration & Production Executive Uaapi Utjavari described the project as crucial, for enhancing data safety. “We acquire this data offshore at a cost of N$1000 per square kilo metre. There is no chance of acquiring the data again when you loose it. As such, one has to keep it very safe”.

Utjavari remarked that the data was also critical in “marketing Namibia’s hydrocarbon potential internationally”. “Potential investors make prospects on the basis of the data,” said Utjavari.