QatarEnergy recently signed a Memorandum of Understanding (MoU) with the Ministry of Mines and Energy of the Republic of Namibia to strengthen cooperation in the energy sector.
The agreement was signed by Minister of State for Energy Affairs and QatarEnergy President and CEO HE Saad Sherida Al-Kaabi and Namibia’s Minister of Mines and Energy HE Tom Alweendo. The MoU was signed in a special ceremony at QatarEnergy’s headquarters in Doha.
Exploring more opportunities in Namibia
The MoU paves the way for the two parties’ continued cooperation and covers key areas such as knowledge sharing, workforce development and exploration of further investment opportunities in Namibia.
In his remarks at the signing ceremony, HE Minister Al-Kaabi said they are pleased to further enhance their cooperation with the Government of Namibia and build on recent successes. He said that the agreement further strengthens their relationship as they work jointly towards a prosperous future.
QatarEnergy recently announced a light oil discovery in the Jonker-1X well in the Orange Basin, offshore southern Namibia, adding to the previous two separate oil and associated gas discoveries in the same basin in 2022.
QatarEnergy holds interests in three Exploration Licenses offshore Namibia, PEL-39 (45%), PEL-56 (30%) and PEL-91 (28.33%), covering a total area of over 28,000 km².
For more information about the different projects of QatarEnergy, visit qatarenergy.qa.
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