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    QatarEnergy, NAMCOR sign cooperation pact

Summary

The companies agreed to work together on investment opportunities of mutual interest in Namibia’s upstream oil and gas sector.

by: Shardul Sharma

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Complimentary, Natural Gas & LNG News, Africa, Middle East, Security of Supply, Corporate, Exploration & Production, Investments, News By Country, Namibia, Qatar

QatarEnergy, NAMCOR sign cooperation pact

QatarEnergy has signed a cooperation agreement with NAMCOR Exploration and Production (NAMCOR E&P), a subsidiary of the National Petroleum Corporation of Namibia (NAMCOR), the company said on March 2.

The agreement provides the framework for cooperation between QatarEnergy and NAMCOR E&P to support and develop a “sustainable upstream oil and gas sector” in Namibia, including the provision of opportunities for the training and development of NAMCOR employees in industry-based skills.

The companies also agreed to work together on investment opportunities of mutual interest in Namibia’s upstream oil and gas sector, QatarEnergy said.