NamEnergy Resources (Pty) Ltd is a licensed petroleum wholesale trading company, which has been supplying bunker fuel / HFO to key clients in the Namibian petroleum sector, namely DeBeers Marine Diamond company (since 2011), Namcor (national oil company, since 2013), fishing companies (since 2012), CHEC (Chinese habour and engineering company, since 2014), etc.
NamEnergy has also entered in several strategic partnerships with several international companies in pursuing various opportunities in the Namibian petroleum sector, namely:
Petroleum Trading
i. World Marine (SA) - Providing bunker fuel in Namibia (since 2011)
ii. SK Shipping (Korea) - Bulk supplier of bunker fuel and marine lubricants (since 2011)
iii. ADAX - Bulk supplier of HFO since 2015
iv. LukOil (Russia) - Bulk petroleum trading opportunities
v. ENOC (Dubai) - Bulk petroleum trading opportunities
Power Sector
a. Power generation projects
i. SunTech (China) - signed a Joint Development Agreement in 2011 for a 30MW Solar PV at Arandis in Namibia.
ii. Ansaldo (Italy) - participated jointly in the 800MW EPC tender for the Kudu Gas to Power Project in Namibia in 2013. The Ansaldo/NE JV was one of the top 3 shortlisted company out of 45 companies & consortia that participated in this EPC tender. SEC in partnership with Siemens AG was eventually selected as the successful bidder.
Other Services
As an emerging local empowerment group, NamEnergy has pioneered cementing and promoting strong strategic partnerships between international partners and major State-Owned Enterprises (SOE’s) in key economic sectors through a transparent PPP framework. NamEnergy through its shareholders, it has a strong networking and relations with several blue-chip companies particularly in the mining, consulting, procurement and financial sectors.
Through such partnership, NamEnergy can offer its strategic partners wishing to invest in Namibia valuable assistance and business solutions in structuring and packaging commercially attractive business propositions and ventures.
Amongst key elements of the services and values that NamEnergy can provide is:
• logistic value chain advisory and management,
• projects management,
• land acquisition processing and evaluations,
• investment risk identification and mitigation,
• identification of other commercially viable investment opportunities,
• stakeholder management and Government liaison,
• screening of local sub-contractors and other services providers, etc.
In addition to the above, NamEnergy as an investment entity, has established verifiable references as a preferred local empowerment company worth partnering with through mutually beneficial joint venture structures.
