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Home Companies

NAMCOR partners with SLB to enhance energy sector 

by editor
October 3, 2024
in Companies
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The National Petroleum Corporation of Namibia (NAMCOR) has announced a new partnership with global energy technology firm SLB, aimed at boosting operational efficiency and sustainability in the country’s energy sector.

NAMCOR Interim Managing Director Ebson Uanguta said by leveraging SLB’s advanced technology and digital expertise, NAMCOR plans to enhance its environmental performance, focusing on decarbonisation, carbon capture and green hydrogen production.

The partnership was formalised through the signing of a multi-year memorandum of understanding (MoU), highlighting both companies’ commitment to innovative solutions that support Namibia’s energy transition and sustainability goals.

“We are thrilled to enter into this MoU with SLB. This allows us to leverage their global expertise and cutting-edge technology in driving sustainable growth within the energy industry. Together, we will focus on achieving key sustainability outcomes while continuing to develop Namibia’s energy sector safely and responsibly,” said Uanguta.

He added that the collaboration also includes SLB’s support in consulting and advisory services, innovation projects, and capacity building within NAMCOR’s workforce, ensuring that the collaboration will contribute to Namibia’s long-term energy transition.

The multi-year MoU covers a broad scope of collaboration leveraging SLB’s advanced technology portfolio and unique digital expertise, aimed at enhancing NAMCOR’s operational efficiencies and environmental performance.

According to NAMCOR, key focus areas include carbon footprint measurement, decarbonisation planning, carbon capture and storage, and the promotion of green hydrogen production.

This MoU will not only bolster NAMCOR’s sustainability efforts but also contribute to Namibia’s goals of reducing carbon emissions through accurate measurement, reporting, and verification of operational and product-specific emissions. 

Signing on behalf of NAMCOR was the Senior Manager of Sustainable Energies, Frans Kalenga, who noted that the MoU marks a greater step in the firms’ relationship towards building strong partnerships with international players.

“We’re excited to see the fruits of the seeds planted today. Our collaboration with SLB will play a key role in the sustainable development of Namibia’s energy resources, including recent oil discoveries, which marks an exciting era for our upstream sector,” he said.

The MoU was signed at the recent SLB Digital Forum 2024 in Monaco, where key industry players from global technology and energy companies gathered to set a vision with a focus on digital as a solution for the future of the energy industry.

“Together, we will leverage our combined expertise and resources to implement digital technology that will expedite the transition from experiment to scalable solutions, advancing digital and sustainable energy initiatives that meet today’s energy demands while preparing for tomorrow’s challenges,” said Miguel Baptista, SLB Managing Director for Central, East and Southern Africa.

The National Petroleum Corporation of Namibia is the national oil company established to participate in the country’s petroleum exploration and production.

NAMCOR also engages in fuel supply and distribution, playing a pivotal role in the Namibian energy landscape.

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