Adolf Kaure 

Local energy company Nasan Energies has reached the final stages of acquiring 52 service stations operated by Vivo Energy and Engen Namibia. 

During a recent Namibia Competition Commission (NaCC) stakeholders’ conference held in Windhoek, the public, including rival companies, was given the opportunity to provide input on the proposed acquisition. 

Nasan Energies is a Namibian Energy company specialising in the marketing, supply and trading of refined petroleum products. It is one of the first privately owned major local oil marketing companies in Namibia. 

In September 2025, Nasan Energies and Vivo Energy Namibia underwent an evaluation process that assessed technical expertise and financial proposals, resulting in Nasan Energies being selected as the preferred bidder.Speaking at the gathering, NaCC’s CEO and company secretary Vitalis Ndalikokule stated that the event was held to restore and maintain the company’s competitive advantage in the market. 

“It, therefore, calls on us to assess whether the intended outcome and safeguarding of competition in the market will in fact be achieved. 

“In doing so, we must remain mindful that they are strategic instruments within the marketplace and their legitimacy lies not in commercial rationale but in their alignment with broader objectives, mainly the protection of consumer welfare,” he said. 

Nasan Energies’ managing director Jean-Blaise Ollomo provided a status update on developments since the public announcement and signing of the initial sales agreement. 

“Since its last engagement with dealers in 2025, Nasan has achieved several significant milestones in advancing its retail and operational strategy. The company has finalised its new retail visual identity and commenced production of Nasan-branded materials across its network. In parallel, Nasan successfully implemented and completed the Go-Live of its new enterprise resource planning platform, SAP S/4HANA Cloud, strengthening its operational efficiency, financial controls and reporting capabilities,” he said. 

Nasan has successfully concluded contract negotiations with its main fuel supplier, securing a key partnership to support the stability and growth of its retail operations. 

“These developments mark important progress in Na san’s transformation journey and reinforce its commitment to building a strong, modern and competitive retail network,” Ollomo added. 

Delivering the preliminary findings of the transaction, NaCC’s director of mergers and acquisitions Johannes Ashipala noted the good response in attendance by competitors, dealers and members of the public. 

He said “it was found on the basis of information shared by interested parties”. 

Interested parties still have 30 days to share data before a final decision on the acquisition is made. Nasan Energies will be the third-largest player in Namibia’s retail fuel market by number of sites, behind Vivo Energy and Puma Energy, reshaping the industry traditionally dominated by foreign multinational operators. 

-akaure@nepc.com.na