… The recently approved National Upstream Petroleum Local Content Policy is an important step towards greater clarity on how Namibians can participate across the petroleum value chain. …
… He further highlighted Namibia’s recently approved National Upstream Petroleum Local Content Policy, saying it provides a pathway for job creation, local procurement, enterprise development, skills transfer, technology development and increased Namibian participation in the secto …
… Policy certainty: the National Upstream Petroleum Local Content Policy now gives this industry its rules of engagement, developed through genuine consultation with the very operators, financiers and communities represented in this room. …
The Cabinet has approved Namibia’s National Upstream Petroleum Local Content Policy as the framework to promote local participation and development in the country’s upstream petroleum sector. …
… Let me start with honesty about what is already in place: The National Upstream Petroleum Local Content Policy, finalised in March 2025, is a genuine landmark. …
As Namibia's energy sector shifts focus from exploration to production readiness, businesses must begin preparing now to participate in the industry, understanding technical standards, complex contracts, and procurement requirements of international operators rather than waiting until production begins.
As Namibia's energy sector shifts focus from exploration to production readiness, businesses must begin preparing now to participate in the industry, understanding technical standards, complex contracts, and procurement requirements of international operators rather than waiting until production begins.
The Minister of Industries, Mines and Energy, speaking at the Offshore Northern Seas Summit in Norway, urged international investors to explore Namibia's emerging oil and gas opportunities, noting that the country has moved beyond exploration to the development phase with recent discoveries in the Orange Basin including Venus, where partners plan a floating production system with approximately 160,000 barrels per day capacity.
An editorial reflects on Heroes Day and Namibia's economic prospects from oil, critical minerals, and green hydrogen, with the IMF projecting nominal GDP could reach N$400.8 billion by 2031, but warns that benefits risk remaining concentrated unless local content principles ensure broad-based prosperity.
At the Namibia Oil and Gas Conference 2026, Honourable Modestus Amutse, Minister of Industries, Mines and Energy, called on Namibia to be ready for first oil and to maximise local benefits from the industry, addressing discoveries in the Orange Basin.
Namibia's Cabinet has approved the National Upstream Petroleum Local Content Policy to promote local participation and development in the upstream petroleum sector, focusing on employment creation, local procurement, enterprise development, technology and skills transfer, and increased Namibian ownership and participation.
As Namibia prepares for offshore oil production, the government must formalize and gazette the National Upstream Petroleum Local Content Policy (finalized in March 2025) to ensure Namibian businesses and workers benefit from the sector. The article uses a kitchen analogy to argue that formal rules—modeled on lessons from Brazil and Norway—are essential for Namibia to build generational wealth from its oil resources.