Home Science Namibia Fuel Retailer Nasan Sees Oil Growth After Vitol Deal
Science

Namibia Fuel Retailer Nasan Sees Oil Growth After Vitol Deal

Key Points

Energy Namibia Fuel Retailer Nasan Sees Oil Growth After Vitol Deal Nasan Energies, a Namibian fuel retailer that recently bought stations from Vitol Group, plans to expand operations to service the country’s offshore oil industry that includes TotalEnergies SE and Shell Plc. The company anticipates “big growth” around the potential development of oil discoveries made by international explorers, and sees opportunities “to service these vessels, rigs, all of the activity that’s happening...

Energy Namibia Fuel Retailer Nasan Sees Oil Growth After Vitol Deal Nasan Energies, a Namibian fuel retailer that recently bought stations from Vitol Group, plans to expand operations to service the country’s offshore oil industry that includes TotalEnergies SE and Shell Plc. The company anticipates “big growth” around the potential development of oil discoveries made by international explorers, and sees opportunities “to service these vessels, rigs, all of the activity that’s happening offshore,” co-founder, Miguel Hamutenya, said in an interview.
Namibia Fuel (ORG) Nasan Sees Oil Growth (ORG) Vitol Deal Energy (ORG) Namibian (ORG) Vitol Group (ORG) TotalEnergies SE (ORG) Shell Plc (ORG) Miguel Hamutenya (PERSON)
Originally published by Bloomberg Markets Read original →