Thursday , July 16 2026

Namibia Puts the Presidency at the Centre of Its First Oil Push

As Namibia moves from exploration success to execution, the government is tightening coordination around its upstream oil and gas ambitions, with the Upstream Petroleum Unit (UPU) set to engage investors and industry leaders at the Namibia International Energy Conference (NIEC) 2026 in Windhoek from 14–16 April.

Housed within the Presidency, the UPU’s participation signals a deliberate effort to centralise oversight, accelerate decision-making and provide clearer policy signals to investors as Namibia advances toward first oil. The Unit’s presence at NIEC reflects a broader shift from discovery-led momentum to institutional readiness and delivery.

 

Led by Special Advisor and Head Kornelia Shilunga and Deputy Head Carlo McLeod, the UPU is responsible for shaping upstream petroleum policy, strengthening regulatory frameworks and ensuring alignment across government as project activity intensifies. At NIEC 2026, the Unit is expected to engage stakeholders on how Namibia is building a predictable, transparent and investor-ready upstream environment.

“Namibia is entering a decisive phase where governance and execution matter as much as geology. The active involvement of the Upstream Petroleum Unit at NIEC 2026 shows a clear intent to anchor first oil ambitions in strong institutions and coordinated leadership,” said Selma Shimutwikeni, Founder and CEO of RichAfrica Consultancy.

The move comes at a critical point for the sector. TotalEnergies is preparing a final investment decision on the Venus project in 2026, while discoveries by Rhino Resources and Galp Energia have reinforced Namibia’s offshore potential. At the same time, portfolio moves by companies such as Oregen Energy, Eco (Atlantic) and Stamper Oil & Gas Corp highlight growing confidence in the country’s regulatory and investment landscape.

By participating in NIEC 2026, the UPU will also position upstream petroleum development within Namibia’s wider energy strategy. Alongside oil and gas, the country continues to invest in renewables, green hydrogen, nuclear energy and grid expansion, reinforcing a balanced approach to energy security and economic growth as it targets first oil by 2029.

Now in its eighth edition, NIEC has become a key platform for engagement between governments and the global energy community. With more than 2,500 delegates expected from over 45 countries, the conference provides the UPU with a high-level forum to communicate policy direction, engage investors and strengthen partnerships across the energy value chain.

Through its participation, the UPU reinforces the government’s focus on building a credible, centrally coordinated upstream sector, one capable of delivering first oil while supporting long-term, sustainable energy development.

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