National Petroleum Corporation of Namibia (NAMCOR)

NAMCOR (National Petroleum Corporation of Namibia) is Namibia’s state-owned national oil company, mandated to manage the state’s commercial interests across the petroleum value chain. The company participates in upstream exploration and potential production, typically through joint ventures and carried interests with international partners, and holds stakes in offshore exploration licenses across Namibia’s basins.

In the downstream segment, NAMCOR imports, stores, and distributes refined petroleum products and lubricants in the domestic market, operates a service-station network, and helps manage national strategic fuel stocks, including facilities at Walvis Bay. The company also provides petroleum data management and technical advisory services that support licensing and sector governance. Through these roles, NAMCOR contributes to Namibia’s energy supply security and the development of its emerging oil and gas industry.