Is Namibia ready for oil?

Source: The Namibian · 2026-11-05T13:00:00.000Z · Business

Petroleum industry launches new survey Namibia has launched a new industrial baseline survey to determine the country’s readiness to contribute to and benefit from the oil and gas industry. In 2024, oil companies TotalEnergies and Shell released the first oil and gas industrial baseline survey. It shows Namibia has strong businesses in some sectors, but large gaps exist. Two years later, a group including the Namibian government, petroleum producers and contractors, Petrofund and the National Petroleum Corporation of Namibia (Namcor) will begin working on the Industrial Baseline Survey 2.0 (IBS 2.0). “Every great national undertaking begins with an honest look

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