Shell International invests billion in Namibia
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Shell International says it has spent more than N$1 billion on oil and gas exploration activities in Namibia to date, reaffirming its commitment to continue investing in these sectors.
Shell International says it has spent more than N$1 billion on oil and gas exploration activities in Namibia to date, reaffirming its commitment to continue investing in these sectors.
The Erongo Region has seen notable progress in oil and gas, green hydrogen, tourism, agriculture, and trade, marking a period of economic growth and opportunity.
Governor Nathalia |Goagoses said this during the state of the region address held at Swakopmund today.
The Anti-Corruption Commission (ACC) has confirmed the arrest of a ninth suspect in the ongoing multi-million-dollar corruption scandal involving the National Petroleum Corporation of Namibia.

The National Petroleum Corporation of Namibia (NAMCOR) has reiterated that none of the individuals arres
President Netumbo Nandi-Ndaitwah has departed for Luanda, Angola, to participate in the US-Africa Business Summit.
The Head of State leads the Namibian delegation to join other African Heads of State and government.
Namibia's Ambassador to Angola, Patrick Nandago, has described the U.S.-Africa Business Summit as both a learning experience and a platform for the country to showcase its investment and business opportunities.
The summit will bring together over 1,500 public and private sector leaders.
The Norwegian-African Business Association (NABA) has pledged to expand business interest in Namibia, including the oil and gas industries.
NABA and the Norwegian Energy Partners business delegation paid a courtesy call on President Netumbo Nandi-Ndaitwah at State House on Friday.
The Petroleum Training and Education Fund (PETROFUND) has awarded scholarships to 13 trainees enrolled in electrical and boilermaking technical training programmes at the Namibian Institute of Mining and Technology's (NIMT) southern campus in Keetmanshoop, aiming to help them secure meaningful employment.
The Minister of Mines and Energy, Tom Alweendo, has emphasised the need for policies that maximise economic benefits from the energy sector while ensuring Namibia remains competitive in the global market, particularly following noted oil discoveries.
The Namibian government is busy training locals and equipping them to develop the oil and gas industries, benchmarking off Qatar.
Mines and Energy Minister, Tom Alweendo, says the training is facilitated through the Petroleum Training and Education Fund.