NAMCOR (National Petroleum Corporation of Namibia)

NAMCOR (National Petroleum Corporation of Namibia)

NAMCOR (National Petroleum Corporation of Namibia) is the national oil company of Namibia, with the mission of creating value to all its stakeholders across the oil and gas value chain. NAMCOR's world-class exploration and production database, and oil license blocks form some of the major attractions to Namibia’s hydrocarbon potential.

We deliver value in the Downstream sector, through the sale of various petroleum products to different segments of the market, among them Government, parastatals and the private sector, which includes mining, construction, transport and others.

We have recently entered the Downstream retail sector and we are currently rolling out several service stations at strategic locations around the country.

We have been designated as the operator of the National Oil Storage Facility and Jetty at Walvis Bay, which upon completion will improve Namibia’s security of supply of petroleum products.

Our employees remain our greatest asset and we remain committed to the development of human capital in the oil and gas space, having invested millions of Namibian dollars for training and development across core and support functions of the organisation.

At NAMCOR, SSHEQ is our license to operate. We, therefore, endeavour to ensure that the health and safety of our employees and the protection of the environment is prioritised at all times.

The Corporate Social Responsibility Policy has three key focus areas namely education, environment and community upliftment. These areas directly or indirectly support the National Development Plan 3, Harambee Prosperity Plan, the Sustainable Development Goals (SDGs) of the United Nations – which put an emphasis on eradicating poverty and improving lives. In addition to supporting the Sustainable Development Goals, they also support the African Union Agenda 2063 which aims to increase Africa’s levels of prosperity are incorporated in the National Development Plans of Namibia.

NAMCOR contributes to a number of social causes around the country falling within the three focus areas while prioritizing the Otjozondjupa and Erongo regions. The company has a 600 000 fuel depot at the town of Otjiwarongo where it distributes fuel to mines and its northern-based customers. As part of its environmental sustainability and corporate social responsibility, NAMCOR approached the Municipality of Otjiwarongo and initiated the NAMCOR Otjiwarongo Cleanup Campaign. Under the program, the municipal leadership from the mayor and councillors as well as its employees and members of the town’s community gather to clean sections of the town that are most dirty.