Oil rigs offshore Namibia

Suspensions and drug seizures point to power struggle at Namibia’s national oil company

In depth
Issue 490 - 06 Sep 2023 | 5 minute read

Namcor’s glitzy headquarters are an indication of its growing influence, following major offshore finds, but there are also signs of an increasingly bitter power struggle, with the suspension of the national oil company’s managing director and the arrest of its chair, writes Our Namibia Correspondent.

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