Namibia International Energy Conference next month...Exploring...

Namibia International Energy Conference next month...

Exploring Namibia’s diverse energy potential

"The Namibia International Energy Conference (NIEC) is scheduled to take place from 23 to 25 April 2024 at Droombos Estate, Windhoek, in Namibia. It will bring together government officials, private companies, investors, and thought leaders from around the globe to unlock the potential of Namibia’s diverse energy industry.

Under the theme ‘Reimagine resource-rich Namibia: Turning possibilities into prosperity’, this year's conference will look at the significant opportunities that Namibia's recent oil discoveries and growing developments in renewable energy have brought to the country. Speakers will share strategies on how to transform the country into a regional energy and investment hub, with project showcases, presentations and industry insights connecting future players to emerging Namibian opportunities.

In recent years, international energy companies and their joint venture partners have discovered valuable oil reserves, setting the stage for a transformative period in Namibia's economy. Industry giants Shell, TotalEnergies and Qatar Energy – in partnership with state-owned NAMCOR – opened the Orange Basin with their 2022 discoveries, and just two years later, an additional four discoveries have been made. This year, Galp Energia announced two finds in PEL 83. On the back of these discoveries new players have entered the market, with E&P (exploration and production) companies such as Chevron, Pancontinental, Woodside and ExxonMobil continuing the exploration of Namibia’s deep waters."