Tribune News Network
Doha
QatarEnergy has signed a Memorandum of Understanding (MoU) with the Ministry of Mines and Energy of Namibia to strengthen cooperation in the energy sector.
The agreement was signed by the Minister of State for Energy Affairs andPresident and CEO of QatarEnerg HE Saad Sherida Al Kaabi and Minister of Mines and Energy of Namibia Tom Alweendo in a special signing ceremony held at QatarEnergy’s headquarters in Doha.
The MoU paves the way for continued cooperation and covers key areas such as knowledge sharing, workforce development and exploring further investment opportunities in Namibia.
In his remarks at the signing ceremony, Kaabi said, “We are pleased to further enhance our cooperation with the Government of Namibia and build on our recent successes. This agreement further strengthens our relationship as we 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 3 Exploration Licenses offshore Namibia, PEL-39 (45 percent), PEL-56 (30 percent) and PEL-91 (28.33 percent), covering a total area of over 28,000 km².
