Qatar, Namibia sign MoU on energy cooperation

State-owned QatarEnergy has signed a memorandum of understanding (MoU) with Namibia’s ministry of mines and energy to strengthen cooperation in the energy sector, it said on April 16.

The agreement was signed by Saad Sherida Al-Kaabi, CEO of QatarEnergy, and Tom Alweendo, minister of mines and energy of Namibia in Doha.

The MoU paves the way for continued cooperation and covers areas such as knowledge sharing, workforce development and exploring further investment opportunities in Namibia.

 “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,” Al-Kaabi said.

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. 

The company 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.