16 Aug 2023 - 17 Aug 2023
Namibia is fast emerging as one of the world’s final frontiers for oil exploration with the recent sizeable oil discoveries. The country’s vast natural resources are estimated at 11 billion barrels of oil and 2.2 trillion cubic feet of natural gas reserves (Wood Mackenzie 2023). This represents sufficient quantities of hydrocarbon reserves to turn the country into a hub of upstream oil and gas exploration activities and a significant player in the oil and gas world markets.
Against this backdrop, the Namibia Oil and Gas Conference will bring together key role players in Namibia and the international oil and gas value chain, to exchange views on the potential opportunities and challenges in establishing the oil and gas sector in Namibia, with the aim of forming a strategic roadmap for both the public and private sectors on how the country can best benefit from these investments.
The shape, scope and outcome of the event’s programme, which is expected to attract over 700 delegates, will be guided by the support of the Ministry of Mines and Energy, Republic of Namibia, alongside hosts; the Economic Association of Namibia (EAN), Namibia Investment Promotion and Development Board (NIPDB), and the Hanns Seidel Foundation (HSF) plus strategic partners, the National Petroleum Corporation of Namibia (NAMCOR).
It will explore the issues around investment opportunities, financing, value chains, and infrastructure, identify the required skills, employment creation as well as economic participation of local communities.