Also known as: Petroleum Training and Education Fund
Petrofund — Namibia's Petroleum Training and Education Fund facilitating oil sector employment and MSME participation through partnerships with international operators.
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Windhoek Observer
PETROFUND has signed more than 10 strategic memoranda of understanding with upstream operators and service companies
“PETROFUND said it has signed more than 10 strategic memoranda of understanding with upstream operators and service companies, creating opportunities for internships, workplace training and employment pathways for young Namibians.”
YOUNG OBSERVER | Oil boom opens global career pathways for Namibian youthWindhoek Observer
PETROFUND has invested more than N$250 million in educating and training approximately 500 Namibians through its scholarship programme
“Waggie said PETROFUND has invested more than N$250 million in educating and training approximately 500 Namibians through its scholarship programme.”
YOUNG OBSERVER | Oil boom opens global career pathways for Namibian youthThe Namibian
Petrofund has been quietly building enterprise capacity in the petroleum sector for years
“The Petrofund has been quietly building enterprise capacity in the petroleum sector for years.”
Energy Explainer Part 4: Govt Must Gazette Local Content RulesThe Namibian
Petrofund has instruments designed for businesses entering energy value chain
“the Development Bank of Namibia and Petrofund both have instruments designed for businesses entering the energy value chain.”
The Energy Explainer Part 2: The Readiness Gap – Why Most SMEs Aren’t Ready YetInformanté
Petrofund has commenced a two-day workshop at the Hilton Hotel
“Petrofund, Namibia's Petroleum Training and Education Fund, has commenced a two-day workshop at the Hilton Hotel in the capital.”
Race to get slice of oil and gas cake kicks off as Petrofund hosts workshop for MSMEsThe Namibian
Petrofund supports scholarships and bursaries under Namibia's draft local content policy
“Namibia's draft local content policy rightly supports training and development, including Petrofund scholarships and bursaries.”
Local Content Must Mean Real Work for Young NamibiansInformanté
Petrofund signed Memorandum of Understanding with Yinson Production in November 2025
“The company has reinforced its long-term commitment by signing a Memorandum of Understanding with the Petroleum Training and Education Fund (Petrofund) in November 2025.”
Yinson Production eyes Namibia as emerging offshore hub amid robust FPSO outlookThe Namibian
Petrofund has invested over N$115 million in training more than 400 Namibians since 1992
“Since its inception in 1992, Petrofund has invested over N$115 million in training more than 400 Namibians, including over 70 who benefited from highly specialised programmes essential across the exploration, development and decommissioning stages of the upstream oil and gas value chain.”
Keynote by Modestus Amutse at Petrofund Head Office Inauguration and Brand LaunchThe Namibian
Petrofund unveiled new brand identity and website with PetroConnect digital database
“It is my distinct honour to officially unveil the revitalised Petrofund brand identity, together with the new Petrofund website and the PetroConnect digital database.”
Keynote by Modestus Amutse at Petrofund Head Office Inauguration and Brand LaunchThe Namibian
Petrofund is the statutory body responsible for upstream petroleum skills development
“Yinson Production says it has signed an agreement with the Petroleum Training and Education Fund (Petrofund), the statutory body responsible for upstream petroleum skills development through scholarships and specialised training.”
Yinson enters Namibian market in January 2026More than 60 young Namibians have secured internships and employment with international oil and gas companies as the country develops its petroleum sector. PETROFUND has signed over 10 memoranda of understanding with upstream operators and service companies to create training and employment pathways for Namibian youth.
24 July 2026 · Windhoek Observer →
More than 60 young Namibians have secured internships and employment with international oil and gas companies as the country develops its petroleum sector. PETROFUND has signed over 10 memoranda of understanding with upstream operators and service companies to create training and employment pathways for Namibian youth.
24 July 2026 · Windhoek Observer →
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.
24 June 2026 · The Namibian →
As TotalEnergies and other companies approach final investment decisions on Orange Basin projects before 2026, the oil and gas sector will begin broad procurement across raw materials, infrastructure, and services. However, most Namibian small and medium enterprises are not yet positioned to compete for these opportunities.
3 June 2026 · The Namibian →
Petrofund, Namibia's Petroleum Training and Education Fund, has commenced a two-day workshop to help Micro, Small, and Medium Enterprises understand opportunities and global standards required by International Oil Companies in the oil and gas sector. Minister Modestus Amutse emphasised that the initiative aligns with the government's strategy to increase MSME contribution to the national economy from 16% and noted that local capacity development is critical as Namibia approaches its first Final Investment Decision.
22 April 2026 · Informanté →
A US government delegation led by Ambassador John Giordano visited Baker Hughes' integrated facility at Walvis Bay Port to observe Namibia's energy sector development. The company operates major infrastructure including liquid mud and cement facilities that support offshore operations and local employment and training initiatives.
17 February 2026 · New Era →
An opinion piece argues that Namibia's local content policy in oil and gas should be measured by actual skilled employment, apprenticeships linked to real job demand, and technology transfer—not merely spending figures or scholarships—to prevent fronting and ensure young Namibians gain lasting capability and productive livelihoods.
8 February 2026 · The Namibian →
Malaysia-based Yinson Production has identified Namibia as a key emerging market for offshore oil and gas development, anticipating strong global demand for floating production and storage units. The company has signed a memorandum with Petrofund to develop local content through training and scholarships, and plans to open a Namibia office in January 2026.
8 January 2026 · Informanté →