Namibia is at a critical stage in its emerging oil and gas sector, with billions of dollars in potential investment and job creation opportunities at stake.
This was the view of officials at the inaugural National Upstream Oil and Gas Local Suppliers Workshop hosted by Petrofund.
The Upstream Petroleum Unit has clarified that positioning the Unit under the Presidency is a deliberate and strategic decision aimed at enhancing governance within Namibia's emerging oil and gas sector.
Special advisor and Head of the Upstream Petroleum Unit in the Office of the President, Kornelia Shilunga, acknowledged the media's role in spotlighting Namibia's emerging oil and gas sector.
The Executive Chairman of the African Energy Chamber, NJ Ayuk, has called on Namibia to take bold, decisive steps toward energy independence and economic transformation.
The Chief Executive Officer of Rhino Resources, Travis Smithard, said that Namibia's decision to elevate the petroleum sector within government structures has strengthened investor confidence.
President Netumbo Nandi-Ndaitwah has outlined Namibia's bold vision and commitment to a resilient and globally competitive energy sector, driven by strong institutions, strategic reforms, and inclusive growth.
President Netumbo Nandi-Ndaitwah has outlined a comprehensive vision for Namibia’s energy future, emphasising strong institutions, policy reforms, and sustainable development during her address at the Namibia International Energy Conference.
Namibia and Brazil are set to explore new areas of cooperation, with an emphasis on agriculture and manufacturing, as well as oil and gas.
Namibia Petroleum Operators Association representative Eduardo Rodriguez says Namibia has done a commendable job in terms of attracting investors.
Rodriguez, however, stated production could take up to 15 years after final investment decision is made.
The NAMCOR Board of Directors has appointed the Executive Upstream Development and Production, Mtundeni Ndafyaalako as Acting Managing Director effective from today after the conclusion of the ongoing recruitment process for a substantive Managing Director.
