Wednesday, August 12, 2026
SUBSCRIBE
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
DSTV WC26 Campaign
Home Latest

Capability, compliance key for Namibian firms access to oil and gas opportunities

by reporter
April 21, 2026
in Latest
8
A A
Man in a gray suit delivers a speech at a clear podium with a microphone, against an orange and blue geometric backdrop.

Namibia’s upstream local content policy will not be enough on its own to secure meaningful participation by local businesses in the oil and gas sector, government has warned.

Special Advisor to the President and Deputy Head of the Upstream Petroleum Unit, Carlo McLeod, said capability, not policy, will ultimately determine whether Namibian firms benefit from developments in the Orange Basin.

He said that while the policy is designed to prioritise local suppliers and workers, it cannot compensate for gaps in skills, standards and operational readiness.

“We cannot legislate our way into the value chain. We must build our way there through skills, standards and a clear understanding of industry requirements,” McLeod said.

He noted that opportunities will extend across a wide range of sectors, including logistics, catering, engineering, ICT, environmental services, infrastructure and professional services.

However, he warned that access to these opportunities will depend on companies meeting strict international standards required by global oil and gas operators.

These include obtaining ISO certification across relevant operations, adhering to rigorous health, safety and environmental protocols, implementing anti-bribery and governance frameworks, and demonstrating sufficient financial capacity to deliver large-scale contracts.

He said these requirements are central to how international operators manage risk, ensure operational integrity and maintain compliance across global supply chains.

“These are not bureaucratic requirements; they are the language of the industry. Companies that cannot meet them will not be able to compete,” McLeod said.

Speaking at an upstream oil and gas local suppliers workshop, he said Namibia is entering a critical phase ahead of a final investment decision (FID), which will determine whether billions of dollars in capital are committed to the sector.

The workshop brought together international oilfield service companies and local firms to outline procurement standards, technical requirements and expectations for participation in the industry.

He added that the next three to five years will be decisive in shaping the long-term impact of the oil and gas sector, as Namibia seeks to ensure that development translates into broad-based economic gains rather than limited participation.

“Namibia stands at a defining crossroads. The choices we make now will determine whether this becomes a transformative opportunity for our people,” he said.

author avatar
reporter
See Full Bio
Previous Post

Namibia to review TVET policy to align vocational training with labour market

Next Post

Namibia launches fruit subsidy scheme targeting 400 hectares by 2030

Must Read

Man in a dark suit and striped tie seated in a brown leather chair at a formal meeting
Latest

Nekundi rules out taxpayer-funded SOE bonuses for ordinary performance

August 12, 2026
Group of eight people on a stage holding certificates at an awards event, smiling for the camera.
Latest

FNB honours Namibia’s leading real estate agencies and realtors

August 12, 2026
Smiling woman in a dark vest and maroon scarf stands against a yellow wall.
Latest

Law formalising Namibia’s sovereign wealth fund to reach Parliament before year-end

August 12, 2026
Emergency responders in high-visibility vests assist a person on a stretcher at the scene of a car crash nearby another damaged white car and debris on the road.
Latest

Namibia records 1,747 road crashes, 279 deaths in eight months

August 12, 2026
Wide field of young cabbage plants in neat rows on dark soil, with hills and a cloudy sky in the background on a misty day.
Latest

NAB calls for tax relief and electricity subsidies to boost food production

August 12, 2026
NaCC collects N$9.1m in fines, chases N$2.9m in unpaid penalties
Latest

NaCC clears 10 fishing firms in horse mackerel quota fee investigations

August 12, 2026
Load More

Related News

Communication budgeting, planning and contingencies

Communication budgeting, planning and contingencies

January 23, 2025
Ster-Kinekor gets R250 million takeover offer

Ster-Kinekor gets R250 million takeover offer

March 1, 2022
PSG, IJG in N$21m IPO payday

PSG, IJG in N$21m IPO payday

September 29, 2021

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • Namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.