Immanuel Mulunga

Namcor acquires oil blocks in Angola

Namcor acquires oil blocks in Angola

Namcor has realised one of its strategic objectives of acquiring commercially viable producing assets outside the Namibia. Namcor announced on its Twitter page that it was one of the successful bidders for exploration and producing blocks in Angola, after going through an extensive tender process, adding that ‘’Namcor has reached its target of acquiring producing assets’’. In an Agencia Lusa news report on social media, Sonangol, Angola’s government-owned oil company, says it has sold eight Angolan oil concessions, ‘’in a limited public tender without mentioning the value of the deal’’. The eight blocks in a partial sale of Sonangol’s participating…
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Oil industry skills critical for Namibia

Oil industry skills critical for Namibia

Staff writer Namibia should strengthen and develop its financial sector and fiscal management capacities in preparation for the expansion of the economy on the back of the recent discoveries of oil in the offshore continental shelve. The managing director of Namcor, Immanuel Mulunga says Namibia should not only bolster its financial sector, but should also build its human resources that is knowledge, skills, creativity and wellbeing and institutional capacity to manage the petroleum sector in parallel with the process of expanding the productive activities of the economy. ‘’Such conditions namely human capital and institutional capacity are essential for Namibia to…
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Namcor attains a vaccination rate of 82 percent

Namcor attains a vaccination rate of 82 percent

Tujoromajo Kasuto The National Petroleum Corporation of Namibia (Namcor) has overall vaccination status has reached 82 percent. The company has implemented a number of initiatives to combat and contain the spread of COVID-19. Immanuel Mulunga, Managing Director (MD) states: “Namcor continues to relentlessly implement its vaccination directive throughout the company to have as many Namcor staff members vaccinated to maintain a healthy and productive workforce.“ The current vaccination status of Namcor is as follows: 84 percent at the Head Office in Windhoek, 80 percent at the National Oil Storage Facility in Walvis Bay, and 55 percent at its depots in…
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Namcor’s  unvaccinated employees pushed in tight corner

Namcor’s unvaccinated employees pushed in tight corner

Tujoromajo Kasuto From Monday of this week the National Petroleum Corporation of Namibia (Namcor)’s unvaccinated employees are expected to provide a negative PCR test results weekly at their own cost. In addition disciplinary measures will be taken against those absent (forced leave) for more than two days. This was revealed in a letter addressed to an employee by Human Capital Executive, Maryke Krohne, as per the Managing Director Immanuel Mulunga directive. By it employees were given until 19 November, 2021 to get vaccinated. Mulunga stated that employees who do not want to be vaccinated against Covid-19, may be obliged to…
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