Namibia: Lekoil teams up with Namcor E&P

Issue 426 - 05 Nov 2020

Nigeria’s Lekoil has announced a strategic alliance agreement with National Petroleum Corporation of Namibia’s exploration and production subsidiary. Lekoil said Namcor E&P was seeking to invest in the acquisition of interests in oil producing assets as a means of securing long-term sustainability. The agreement aims to bring together the two parties’ technical capabilities for the joint evaluation and acquisition of low-risk quick-to-production oil and gas assets across Africa, Lekoil said.

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