Caltex returns to Namibia

The Caltex brand will be returning to the country after nearly 13 years of being absent from Namibia.

Puma Energy took over all Caltex gas stations and fuel storage facilities in Namibia through a 2011 deal with Chevron.

This increased the number of Puma’s stations in the country, adding to the BP stations it had just repainted in its own green and red colours.

In a statement yesterday, Chevron Brands International LLC (Chevron), a subsidiary of Chevron Corporation, has entered into a long-term retail trademark licensing agreement with Bachmus Oil and Fuel Supplies (PTY) LTD (Bachmus), marking a return of the Caltex® brand to fuels retailing in Namibia.

Chevron has appointed Bachmus as Chevron’s licensee of the Caltex brand to sell, market and distribute fuels under the Caltex brand in Namibia, with a view to grow the Caltex-branded service station network across the country.

Caltex is a globally recognised premium brand with presence in Asia, the Middle East, and Africa.

This agreement further strengthens Chevron’s presence in Namibia, where in 2022 the company re-entered the oil and gas upstream business, becoming the operator of the PEL 90, an offshore deepwater block located in the Orange Basin. In April 2024, the company also signed an agreement to acquire an 80% operating interest in the offshore block PEL 82 in the Walvis Basin.

Commenting on the agreement, Danielle Lincoln, Chevron’s vice president of international products, says: “Re-entering the Namibian retail market is a significant milestone for Chevron.

Through a network of retail fuels sites nationwide, we plan to build the strength of the Caltex brand in close collaboration with Bachmus.

“The brand promises quality and reliable energy to motorists in Namibia. We are confident that this partnership will generate new growth opportunities and look forward to a long and successful relationship.”

Corné Schalkwyk, the managing director of Bachmus Oil and Fuel Supplies, says: “We are honoured to partner with Chevron as they return to Namibia’s retail market with its Caltex brand. Bachmus has the expertise and the infrastructure to support the growth of Caltex-branded fuel stations in Namibia.

“We believe the synergies between Bachmus and Chevron will bring great value for consumers in the form of quality products and services. We look forward to collaborating closely with them to provide energy solutions to the Namibian market.”

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