Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, will grace the Namibian International Energy Conference (NIEC) this April, sharing insight into global oil trends.
The sixth edition of NIEC 2024 will connect foreign investors to Namibian energy projects.
The event will provide an update on ongoing developments, regulatory reform, and upcoming opportunities.
The Secretary-General will be joined by a delegation from the organization who will lead technical discussions around the outlook for oil and the potential role Namibia plays in the global market.
OPEC’s participation during NIEC 2024 further underscores the organization’s commitment to improving the oil market for upcoming producers such as Namibia.
With the development of offshore oil and gas discoveries, Namibia is poised to become a major player globally. Discoveries made by energy majors TotalEnergies, Shell, and QatarEnergy in 2022 and 2023 opened the Orange Basin, with recent drilling success further highlighting the potential for billion-barrel deposits in Namibia.
Multinational energy corporation Galp made two discoveries at the Mopane-1X well in 2024, while TotalEnergies announced its second Orange Basin find, with hydrocarbon intervals revealed at the Mangetti-1X well this year.-miningandenergy.com.na
