Petroleum Africa
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Friday, February 21, 2014
Despite the less than stellar results from wells drilled over the past couple years offshore Namibia, the country’s petroleum industry is still generating a significant amount of interest. According to state-run Namcor, a host of potential international investors paid visits to its booth at an event in the US recently.
Namcor said numerous investors stopped at its stand at the NAPE 2014 in Houston earlier this month to enquire about the petroleum investment opportunities in the southern African country.
“It was an important oil and gas platform that offered an immense network base to Namcor and Namibia,” said Namcor’s MD Obeth Kandjoze.
Namcor used its participation at NAPE to promote its Kudu gas and data management projects. “[Participation in the expo] gives Namcor and the Namibian petroleum sector appropriate publicity, while at the same time affording a unique opportunity to interact with service providers and potential investors,” said Namcor Kudu gas project leader Manfredt Muundjua.
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