Wednesday, December 25, 2024
Namibia’s oil company aims to triple its stake in future oil and gas projects-oil and gas 360

Namibia’s oil company aims to triple its stake in future oil and gas projects

(World Oil) – The National Petroleum Corp. of Namibia aims to triple its stake in future oil and gas projects to 30% as the southern African nation is set for a surge in activity following multiple offshore discoveries. Namcor is “committed to actively participating in future oil and gas projects and generally aims to secure a minimum stake ranging between 20%