News

Namibia Appoints Ex-Chevron Executive to Lead Oil Sector Strategy

Namibia Appoints Ex-Chevron Executive to Lead Oil Sector Strategy
Monday, 26 May 2025 17:56
  • Carlo McLeod named special advisor and deputy director in Namibia’s upstream unit.
  • His public-private background aligns with goals to shape oil and gas policy direction.
  • The presidency aims to review regulations and boost local content as projects advance.

Following her inauguration in March, Namibian President Netumbo Nandi-Ndaitwah decided to channel the management of hydrocarbon projects through the presidential office. The governance of the oil sector in Namibia is now undergoing restructuring at the state's highest level. On Friday, May 23, the Namibian presidency appointed former Chevron subsidiary staffer, Carlo McLeod, as a special advisor to the newly created upstream petroleum cell.

In addition to his advisory role, McLeod will also have duties as the Deputy Director of this strategic unit. The unit is under the supervision of Kornelia Shilunga, former Member of Parliament and ex-Deputy Minister of Mines and Energy, as multiple offshore developments are currently underway.

Carlo McLeod has a combined administrative and industrial profile, indicating a desire from Namibian authorities to better coordinate public and private stakeholders in the emerging oil and gas sector. Before his appointment to the presidential office, McLeod, a lawyer specializing in petroleum law, served eight years as Deputy Director of petroleum affairs at the Ministry of Mines and Energy. He later joined Chevron Namibia from 2023 to 2025 as Deputy General Manager. He also contributed to the fight against fuel smuggling in the country.

McLeod's appointment to the Upstream Petroleum Unit (UPU), the presidential unit in charge of hydrocarbons, is in line with the government's goal of providing political guidelines to shape the development of the oil and gas industry. “President Netumbo Nandi-Ndaitwah expresses her confidence in this unit's capabilities,” to achieve this goal.

These appointments are taking place against a backdrop of increasing measures aiming to better capitalize on the expected economic benefits from the monetization of oil and gas resources. One of the priority tasks of this new structure will be to review the regulatory framework and increase local content requirements.

This action is all the more necessary as groups like TotalEnergies, involved in offshore blocks, prepare to transition to a development phase, while remaining cautious about potential risks.

On the same topic
• Aliko Dangote and three other African philanthropists featured in TIME’s 2025 philanthropy list• Collectively, their foundations have committed billions...
Burundi and the African Development Bank launch $152 million BRIDEP to boost agriculture and trade The project targets rural transformation...
The African Development Bank commits $100 million to support Arise IIP’s expansion in Africa The investment targets special economic zones...
ADF aligns with Islamic State and spreads recruitment across East Africa The group now operates beyond Congo, using bombings, raids, and...
Most Read
01

• WAEMU’s tax revenue remains far below the 20% benchmark, stuck at 14% of GDP• IMF projects target ...

IMF Warns WAEMU May Miss 20% Tax-to-GDP Target Until 2048 or Beyond
02

• The NCC now requires telecom operators to publish details of major service outages.• Operators mus...

Nigerian Regulator Orders Transparency on Telecom Outages
03

• U.S. bill includes 5% tax on money sent abroad by migrants, affecting $13B to Africa• Nigeria...

New U.S. Remittance Tax Threatens African Families and Fintech Startups
04

South Africa’s Unemployment Insurance Fund (UIF) will inject $21 million into the South Afr...

South Africa: UIF Injects $21M into Post Office to Save 6,000 Jobs
05

• Vodacom aims to grow mobile financial service users from 88 million to 120 million• Vision 2030 st...

Vodacom Targets 32 Million New Mobile Money Users by 2030
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

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

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.