TaTe has since 2012 been developing a presence in the diamond value chain through our subsidiary, TaTe Diamonds. TaTe Diamonds holds both a Diamond Cutting & Polishing License (Namibia) as well as a Diamond Dealers License (South Africa). This creates greater options for us as we are able to source rough from multiple SADC based countries.
We are excited to have been selected to join the elite list of NAMDIA ( www.namdia.com ) clients through the year 2022. Our Windhoek, Namibia premises boasts the latest in security technology and all the comforts of a 1st world diamond establishment.
Thanks to our supply relationship with NAMDIA, all our diamonds are gem quality. We are continuously identifying and evaluating new strategic partners and clients globally. TaTe Diamonds also holds a Diamond Exclusive Prospecting Licences (EPL) 6712 which gives exclusive exploration rights.
TaTe Oil & Gas holds a total of 6 offshore petroleum blocks in multiple basins offshore Namibia. These blocks are all currently in exploration phase with one surrounding the only active production field in Namibia. TaTe has partnered up with Lekoil Limited (www.lekoil.com) – a leading Africa focused oil and gas Exploration & Production company, to develop blocks 2514A & 2514B (PEL 59). Lekoil (LEK) an AIMS listed company is the lead development partner and operator on these blocks.
Korres Investments is a fully owned subsidiary of TaTe, which owns a total of 4 blocks in the Orange and Luderitz basin offshore Namibia. TaTe has partnered with Rhino Resources LTD, based out of Dallas, Texas, USA as operator on these blocks. These blocks include blocks 2914A (PEL 085), block 2715B (PEL 084), block 2814A (PEL 76), and block 2214B (PEL 077). Block 2814A is also referred to as the Kudu Relinquished area. This is the area that surrounds the Kudu gas field in Namibia.
In line with our strategy to participate in the entire value chain of the petroleum industry, our subsidiary TaTe Energy focuses on the downstream segment. TaTe Energy provides transportation and distribution of lubricants and other petroleum products throughout Namibia and the SADC region.
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TaTe Oil & Gas holds a total of 6 offshore petroleum blocks in multiple basins offshore Namibia.These blocks include blocks 2914A (PEL 085), block 2715B (PEL 084), block 2814A (PEL 76), 2514A & 2514B (PEL 59) and block 2214B (PEL 077). Block 2814A is also referred to as the Kudu Relinquished area. This is the area that surrounds the Kudu gas field in Namibia.