Local energy company specializing in the marketing, supply, and trading of refined petroleum products, Nasan Energies Namibia Nasan Energiesa, announced on Wednesday that it has agreed to a landmark deal to acquire 53 Engen and Shell-branded fuel service stations from Vivo Energy Namibia. The acquisition, which will significantly reshape the country’s energy sector, is subject to approval by the Namibian Competition Commission. Nasan Energies was chosen as the preferred bidder after a thorough evaluation process that was initiated by a regulatory requirement for Vivo Energy to sell some of its service stations to ensure market competition following its purchase of Engen Limited in May 2024. Nasan Energies will emerge as one of the first locally-owned major oil marketing companies in Namibia. The transaction will elevate Nasan Energies to become a leading player in Namibia’s retail fuel market, reshaping an industry traditionally dominated by multinational operators,” he added.