oil rig namibia oil and gas

The government of the Republic of Namibia represented by the Minister of Mines and Energy, Honourable Tom Alweendo signed a Memorandum of Understanding (MOU) with the State of Qatar represented by QatarEnergy, the state-owned corporation which operates all oil and gas activities in the State of Qatar, on l 6 April 2023.

The MOU is aimed at strengthening bilateral relations between the two nations, initiated by the business relations already existing between the Namibian Government and the national oil company of Qatar through their participation in the exploration of oil and gas resources and their resultant discoveries of light crude oil in the Namibia Orange basin.

Through this MOU, a consensus to cooperate further than the current petroleum exploration and production undertakings was strengthened. Taking cognisance of the advancement of the State of Qatar in deploying its oil and gas resources into the development of its country, and the effective administration of their petroleum sector by QatarEnergy as a national oil company. Creating synergies with the State of Qatar is pivotal to the development of Namibia promising petroleum industry.

Qatar Namibia Oil and Gas
Hon. Tom Alweendo, Minister of Mines and Energy and Member of Parliament, Namibia – and His Excellency Eng. Saad Sherida al–Kaabi, Minister of Energy in Qatar and President and CEO of QatarEnergy

The two States undertake to cooperate under the principles of the development of the Namibian workforce and ensuring that the Namibian people, most specially the youths, are capacitated to serve the developing Namibian oil and gas industry. Additionally, through this MOU, the two State’s agreed to cooperate through sharing industry knowledge, expertise, and technical know-how to promote the advancement of the Namibian petroleum sector. Through this MOU, the two countries further devote to work together, to enhance the deployment of strategic investments for the advancement of the Namibia oil and gas industry.

After numerous discussions on the areas of cooperation in Namibian and a reciprocal to last years’ visit to Namibia by His Excellency Eng. Saad Sherida al­ Kaabi, Minister of Energy in Qatar and President and CEO of QatarEnergy, the MOU was signed in Doha on 16 April 2023 by the two Ministers.

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