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Offers strategic digitalisation expertise for potential oil boom
Windhoek, Namibia [September 26, 2023] – Recent Namibian oil discoveries have brought the country to the attention of major global oil companies, with implications that the country may be due for a significant oil boom in the coming years, as outlined by Energy Capital & Power, an Africa-focused global investment platform for the energy sector[1]. This optimistic outlook was reflected at the Namibia Oil and Gas Conference held at the Mercure Hotel in Windhoek in mid-August 2023. Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, was proud to join the conference as a Gold Sponsor.
Vertiv, which is placing a strategic focus on the local mining and other key industries in Africa, presented its commercial and industrial solutions offering at its booth during the conference, where a team of experts from both Vertiv and its preferred local partner, Swakop Electrical Supplies, were on hand to speak to delegates at the event.
The event was hosted by the Economic Association of Namibia, the Namibia Investment Promotion and Development Board (NIPDB) and the Hanns Seidel Foundation (HSF), with the strategic partnership of the National Petroleum Corporation of Namibia (NAMCOR), under the official endorsement of the Ministry of Mines and Energy, Republic of Namibia.
Gary Chomse, strategic segments director – Africa at Vertiv, notes: “The conference presented an excellent opportunity for Vertiv representatives to meet Namibian decision-makers as well as the local business community. This particular sector of the Namibian economy, namely oil and gas, is showing promising growth, which should ultimately bode well for the development of the Namibian economy as a whole.”
Vertiv has a strong track record in assisting oil and gas organisations at a global level. Hazardous areas such as offshore oil and gas platforms require special precautions in the installation and use of equipment, and Vertiv has vast experience in understanding the various challenges and identifying the best equipment to be installed in these areas.
“As outlined recently by global management consulting firm McKinsey & Company, oil and gas companies worldwide are leveraging technology and digitalisation in order to remain competitive as well as reduce both carbon emissions as well as costs. Following on from this valuable networking event, we at Vertiv look forward to assisting key players in the Namibian oil and gas industry moving forward,” Chomse concludes.
Vertiv’s attendees included Gary Chomse, strategic segments director – Africa; Jonathan Duncan, technical sales director, Africa; Bernd Maja, sales director, EMEA vertical segments; and Henry Myburgh, strategic key account manager; as well as Jaco Duvenhage, CEO; Johan Wagner, general manager; and Jason Meszaros, sales at Swakop Electrical.
For more information about Vertiv solutions for industrial applications, visit Vertiv.com.
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About Vertiv
Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centres, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27 of the Securities Act, and Section 21E of the Securities Exchange Act. These statements are only a prediction. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Readers are referred to Vertiv’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q for a discussion of these and other important risk factors concerning Vertiv and its operations. Vertiv is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
[1] https://energycapitalpower.com/namibia-exploration-oil-boom/#:~:text=In%20all%2C%20an%20estimated%2011,Saharan%20Africa’s%20largest%20oil%20producer