Botswana Oil Limited
Prince Nakedi, EMBA MEng MIMMM, is an experienced professional in the field of chemical, materials, and metallurgical engineering. Currently serving as an Industry Advisory Board Member at Botswana International University of Science & Technology since July 2024 and as Projects Manager at Botswana Oil Limited since October 2023, Prince has a robust background that includes significant roles at Morupule Coal Mine from October 2016 to September 2023, where responsibilities spanned process engineering for production and quality, laboratory coordination, and graduate training. Prior experience includes a role as an Associate Researcher at Botswana Institute for Technology Research and Innovation, contributing to innovative building materials research. Internships at Alcoa and Firth Rixson involved contributions to process engineering and design experiments for aerospace applications. Prince holds an Executive MBA, a Postgraduate Advanced Diploma in Management, an MEng in Metallurgical Engineering, and a B.Sc. from reputable institutions, underscoring a strong educational foundation.
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Botswana Oil Limited
1. Company Profile – Botswana Oil Limited Botswana Oil Limited (BOL), serves as the Government of Botswana’s transformation agent in the oil industry and is mandated to ensure security and efficiency of supply of petroleum products for Botswana, manage state owned strategic fuel reserve facilities, strategic stocks as well as bulk storage and distribution. The entity is also responsible for facilitating participation of citizen companies in the petroleum sector. Wholly owned by the Government of Botswana, represented by Ministry of Mineral Resources, Green Technology and Energy Security; the company functions under defined governance and operating principles to inform and guide its operations. Botswana Oil Limited is registered under the Company’s Act and started operating in July 2013. 2. Mandate Botswana Oil Limited is the National Oil Company (NOC) of Botswana responsible for ensuring security of fuel supply for the benefit of all Batswana. The company is mandated to: - Ensure security and efficiency of supply of petroleum products for Botswana. - Manage state-owned strategic fuel reserve facilities, strategic stocks as well as bulk storage and distribution; and - Facilitate participation of citizen emerging companies in the petroleum sector. 3. Botswana Oil Limited - Vision Statement The vision statement below captures what Botswana Oil Limited aspires to be in the future. To be a significant player in the Oil & Gas Industry. 4. Botswana Oil Limited - Mission Statement The mission statement defines why the company exists. Botswana Oil Limited’s mission is: Ensuring security and efficiency of supply of petroleum products for Botswana and facilitation of Citizen Emerging Companies.