This feature will explore Namibia’s rapid emergence as a key oil and gas hotspot, driven by groundbreaking offshore discoveries and an accelerated roadmap toward final investment decisions (FIDs). It will highlight major milestones including the landmark Venus discovery, the transition of gas fields into production, recent light oil findsand the country’s first hydrocarbon output, just to mention a few.
Additionally, it will also examine the structural and socio-economic frameworks shaping this ambition such as Namibia’s efforts to embed stronger local content through draft upstream policies, NAMCOR’s growing technical role and the national drive toward a sovereign wealth fund to safeguard revenue .
Critical commentary will highlight how legal, fiscal and governance processes such as streamlined petroleum licensing, local participation mandates and revenue transparency will determine whether the upcoming oil and gas boom translates into broad-based economic transformation.
Insights from Ministry of Mines and Energy leaders, NAMCOR experts, international operators and local advocates will frame a story of cautious optimism, balancing growth potential with sustainability and equitable benefit sharing.