24/04/2026
Petrus Sindimba, Acting Executive for Upstream Development and Production, speaking at the Namibia Oil and Gas Upstream Suppliers Workshop (21–22 March), outlined NAMCOR’s dual role in upstream procurement.
He noted that as a state-owned enterprise, NAMCOR operates under the Public Procurement Act of 2015, while also playing an oversight role as a National Oil Company through Joint Operating Agreements with international partners.
This dual approach ensures procurement is conducted both locally and internationally, with a strong focus on cost, quality, safety, and local content—supporting the integration and growth of Namibian suppliers within the global oil and gas value chain.