News Industry

Namibia, With U.S. Firm, to Train a Homegrown Workforce for Its New Oil Industry

Namibia, With U.S. Firm, to Train a Homegrown Workforce for Its New Oil Industry
Friday, 10 October 2025 13:59
  • Namibia, McDermott sign deal to train locals for oil sector
  • Partnership targets skills in offshore engineering and operations
  • Plan aims to boost local content in oil industry to 15% by 2030

Namibia has advanced its local content framework by signing a memorandum of understanding (MoU) to build local talent for its emerging oil and gas industry.

The Petroleum Training and Education Fund (PETROFUND) signed the agreement on Wednesday, October 8, with support from U.S. engineering firm McDermott International. The partnership comes as Namibia prepares to launch offshore projects following major deepwater discoveries by Shell and TotalEnergies.

The collaboration will focus on developing and implementing technical, academic, and managerial training programs aligned with international industry standards. McDermott will contribute expertise in offshore engineering, construction, and operations, while PETROFUND will oversee local implementation, including selecting trainees, securing financing, and placing graduates in both public and private sector positions.

The main objective is to build a skilled Namibian workforce capable of meeting the future demands of the oil industry, particularly in the design and maintenance of petroleum infrastructure.

This partnership is the latest initiative underscoring the government’s long-term commitment to its local content policy, established under the 1991 Petroleum Act. In 2023, Namibia signed similar agreements with Nigeria and Equatorial Guinea to draw on their experience in developing domestic capacity in the hydrocarbons sector.

Our partnership with McDermott supports PETROFUND's mandate to build the capacity of Namibia's workforce and service providers to participate in the emerging opportunities within the country's upstream oil and gas industry,” said Nillian Mulemi, head of PETROFUND.

Under its National Development Plan (NDP6 2025–2030), Namibia aims to raise local content and participation in the oil sector, currently around 10%, to 15% by 2030.

Abdel-Latif Boureima

On the same topic
Africa air freight volumes rise 7% in March 2026 Growth slows after strong January-February surge, key routes decelerate Global cargo declines amid...
Cameroon awards five oil blocks to Murphy Oil and Octavia Four of nine blocks unassigned, reflecting cautious investor interest Deals enter...
Lotus Resources announced on Wednesday, April 29, the successful completion of the first phase of a drilling program at its Letlhakane uranium project...
President Félix Tshisekedi ordered the launch, within 30 days, of an audit covering the entire mining revenue chain, from physical shipments to...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
03

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
04

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
05

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.