QatarEnergy Signs MoU with Namibia to Enhance Energy Cooperation

Doha, April 16 (QNA) - QatarEnergy has signed a Memorandum of Understanding (MoU) with the Ministry of Mines and Energy of the Republic of Namibia to strengthen cooperation in the energy sector.
The agreement was signed by HE Minister of State for Energy Affairs, the President and CEO of QatarEnergy Eng. Saad bin Sherida Al Kaabi and HE Minister of Mines and Energy of the Republic of Namibia Tom Alweendo.
The MoU paves the way for continued cooperation and covers key areas such as knowledge sharing, workforce development, and exploring further investment opportunities in Namibia.
In his remarks at the signing ceremony, HE Minister Al Kaabi said, "this agreement further strengthens our relationship as we work jointly towards a prosperous future." 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.
QatarEnergy holds interests in three Exploration Licenses offshore Namibia, PEL-39 (45 percent), PEL-56 (30 percent), and PEL-91 (28.33 percent), covering a total area of over 28,000 square kilometers. (QNA)