National Petroleum Corporation of Namibia
NAMCOR is the national oil company of Namibia, mandated to create value across the oil and gas value chain.
Last updated September 16, 2026
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Overview
The National Petroleum Corporation of Namibia (NAMCOR) is the national oil company of Namibia, with the mission of creating value to all its stakeholders across the oil and gas value chain. Its exploration and production database and oil license blocks are presented as major attractions to Namibia's hydrocarbon potential. The company reports 30 licenses issued, an 18-site retail footprint, and 2 NOSF & Depot facilities. Its corporate social responsibility policy focuses on education, environment, and community upliftment, aligned with Namibia's National Development Plan, the Harambee Prosperity Plan, the UN Sustainable Development Goals, and the African Union Agenda 2063.
History
NAMCOR's published history page describes exploration activity in Namibia's onshore and offshore basins. Namibia has four offshore and three sedimentary basins that have undergone exploration. The offshore sedimentary basins include the Orange Basin, the Lüderitz Basin, the Walvis Bain and the Namibe Basin, covering about 825,418 km² with water depths from 0-4,000m, extending from the South African maritime border in the south to the Angolan maritime border to the north. Namibia's onshore basins cover approximately 60% of the country, with exploration interest in the two Neoproterozoic/Early Cambrian Basins: the Owambo-Etosha Basin to the north and the Nama Basin in the south, covering over 470,000 km². Several operators have explored Central and South Onshore Namibia since the late 1920s; the first operator in the Nama Basin was South West Africa Petroleum Corporation, which drilled well Berseba-1 in 1928 (1,009m). In 1992 NAMCOR commissioned a detailed aeromagnetic survey of 27,000-line km in the northern part of the Nama Basin and drilled wells ND-1 and ND-2.
Products and positioning
National oil company of Namibia operating across the oil and gas value chain.
Product categories. High Efficiency Lubricants
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