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McDermott and PETROFUND Join Forces to Enhance Namibia's Energy Sector Workforce McDermott and PETROFUND have partnered to improve training initiatives for Namibia's oil and gas sector, fostering local talent and economic growth.

McDermott and PETROFUND Join Forces to Enhance Namibia's Energy Sector Workforce #McDermott #Namibia #Windhoek #Namibia_Energy #PETROFUND

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PETROFUND opens applications for 2026 scholarships to boost Namibia’s oil and gas sector The Petroleum Training and Education Fund (PETROFUND) has officially launched its 2026 scholarship application window, which will remain open until 7 October 2025 at 13:00. The initiative is a direct response to recent oil and gas discoveries in the Orange Basin and aims to build a highly skilled Namibian workforce

#Namibia #OilAndGas #Scholarships #PETROFUND #Education

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Petrofund inks two new oil and gas training deals Justicia Shipena  The Petroleum Training and Education Fund (Petrofund) has signed two new Memoranda of Understanding (MoUs) to boost skills development in the country’s oil and gas sector. The agreements were signed during the ongoing Namibia Oil and Gas Conference in Windhoek.  One MoU was with global engineering firm McDermott, and the other was with FirstRand Namibia, which includes RMB Namibia, FNB Business, and FNB Retail. The MoU with FirstRand Namibia marks the first local contribution by a Namibian business to Petrofund for upstream oil and gas capacity development.  Petrofund’s chief executive officer, Nillian Mulemi, said the initiative came entirely from Namibians working at both organisations. She said the two-year strategic partnership includes a N$1 million commitment from FirstRand Namibia towards capacity development initiatives.  “This generous contribution reflects the growing recognition among Namibian companies of the vital importance of equipping our people to meaningfully participate in the oil and gas sector, fully in line with the ethos of the National Local Content Policy,” Mulemi said. She added that the partnership goes beyond financial support.  “What stands out in this partnership is not only the institution’s traditional role of safeguarding wealth through innovative financial solutions but also its bold commitment together with RMB Namibia, FNB Business, and FNB Retail to extend financial support for both workforce development through education and training and for nurturing local suppliers. These two pillars are fundamental in ensuring that the wealth generated from this sector remains in the country,” she said.  Mulemi described the collaboration as more than a financial contribution, adding that it proves that when the public and private sectors work together with purpose.  “We can build an industry that is not only prosperous but also inclusive, sustainable and deeply rooted in national ownership,” she stated.  She added that the true legacy of Namibia’s petroleum industry will not be measured only in production volumes or revenue, but in the number of empowered Namibians driving the sector forward. The partnership focuses on enhancing local supplier capabilities. By providing Namibian businesses and professionals with world-class training and resources, Petrofund and FirstRand Namibia aim to develop a new generation of industry leaders, retain value in the country, and boost economic potential. The MoU with FirstRand has given in-principle approval for a co-sponsorship package totalling N$1 million, with N$500,000 allocated each year over two years. FirstRand Namibia chief executive officer Conrad Dempsey said the partnership is about creating opportunities.  “This partnership with Petrofund reflects our long-term commitment to developing local capacity by supporting skills development, strengthening local suppliers and helping to retain in-country value. We are proud to contribute to building a future where Namibians are equipped to lead in their own energy story,” he said.

#Petrofund #OilAndGas #TrainingDeals #SkillsDevelopment #Namibia

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Petrofund Launches Flagship Scholarship to Empower Namibian Youth in Oil and Gas - African Energy Chamber Petrofund Launches Flagship Scholarship to Empower Namibian Youth in Oil and Gas  African Energy Chamber

#Petrofund #Scholarship #Namibia #YouthEmpowerment #OilAndGas

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PETROFUND unveils major scholarship drive to fuel Namibia’s oil and gas workforce  PETROFUND CEO Nillian Mulemi has unveiled a significant expansion of the organisation’s scholarship and training programmes, positioning Namibian youth at the heart of the country’s burgeoning oil and gas sector. The announcements, made during her keynote address at the 2nd Youth in Oil and Gas Summit, carry substantial economic weight

#Namibia #Scholarships #OilAndGas #YouthEmpowerment #PETROFUND

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PETROFUND Backs Youth Oil & Gas Summit in Walvis Bay. The Petroleum Training and Education Fund has thrown its weight behind the upcoming Youth in Oil and Gas Summit, happening from 24 to 25 July in Walvis Bay. Under the...

#YouthInOilAndGas #PetroFund #OilAndGasSummit #WalvisBay #PetroleumTraining

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Petrofund awards scholarships to 13 trainees at NIMT Southern campus Petrofund awards scholarships to 13 trainees at NIMT Southern campus NBC Online Wed, 04/09/2025 - 19:03

#Petrofund #Scholarships #NIMT #TechnicalTraining #Namibia

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Petrofund launches TVET scholarships to boost oil and gas skills in southern Namibia Nillian Mulemi at the Technical and Vocational Education and Training (TVET) Scholarship awards ceremony, Keetmanshoop, 8 April 2025 I am honoured and delighted to address you today as we officially hand over partially funded Technical and Vocational Education and Training (TVET) scholarships to 13 deserving Namibians at the Namibian Institute of Mining and Technology (Nimt).  These scholarships, valued at N$1 069 900 over the next three years, will support students pursuing trades in boilermaking, electrical work, and fitting and turning. We are proud to commit to covering their accommodation, transport, trade test fees, meal allowances and pocket money, with the Namibia Students Financial Assistance Fund supporting their tuition fees. Today marks a historic milestone for Petrofund as we award TVET scholarships for the first time since the fund’s establishment in 1993 in Namibia. We recognise the critical importance of technical skills and qualifications in the emerging oil and gas industry.  This is why we partnered with the ǃNamiǂnûs constituency and Chevron to ensure that young people, particularly from our southern regions, have the opportunity to gain the skills and experience necessary to participate meaningfully in the petroleum sector. The oil and gas industry is growing at an unprecedented pace. It is imperative that we accelerate our efforts to build the technical capacity of as many Namibians as possible, especially through TVET programmes in preparation for the much-anticipated final investment decision (FID) by operators in the sector.  Once the FID is announced, Namibia’s economic landscape will change dramatically, offering wide-ranging benefits both directly and indirectly to our people. I therefore urge all Namibians to prepare themselves and embrace opportunities that will emerge. The impact of the oil and gas industry will extend far beyond exploration and production as it will boost sectors such as hospitality, transport, construction and more as we move towards production phases. I must emphasise that exploration and appraisal activities are actively underway both onshore and offshore. As such, technical skills have become increasingly important and are in high demand. This is why Petrofund and its partners are investing in TVET programmes, particularly in regions close to the Orange Basin. In this growing petroleum industry, skills in electrical work, boilermaking, fitting and turning are crucial. These fields equip trainees with hands-on, practical knowledge necessary for the safe and efficient operation, maintenance and construction of critical infrastructure such as pressure vessels, pipelines and electrical systems. I therefore urge the new scholarship beneficiaries, as well as all trainees present today, to seize this opportunity with both hands. Dedicate yourselves fully to your studies and training – your future and the future of our nation’s petroleum industry depend on your success. As I conclude, I am proud to share that this scholarship initiative aligns with Petrofund’s vision to develop local skills in support of Namibia’s oil and gas industry. It also underscores the commitment of Petrofund and its partners to building capacity within the sector. This year alone, Petrofund is funding 77 students both locally and internationally across secondary school, undergraduate and master’s levels. Today, with the addition of these 13 TVET trainees, we bring the total number of beneficiaries to 90 students for the 2025 academic year. This achievement cements Petrofund’s dedication to empowering Namibia’s youth with essential technical skills, laying a solid foundation for further specialised training in oil and gas and beyond. Our goal is to enable young Namibians to secure meaningful employment and contribute to the country’s evolving petroleum sector. In closing, I would like to sincerely acknowledge the invaluable support of Suzan Ndjaleka, councillor of the ǃNamiǂnûs constituency, and Chevron for their contributions towards making this TVET scholarship programme a reality. I also extend my gratitude to Eugene Bingham, the principal of Nimt’s southern campus, for collaborating with us and providing our trainees with the opportunity to develop their skills at your esteemed institution. Your collective commitment to this programme and to the broader petroleum sector is a powerful reminder of the importance of investing in local content and talent, particularly through training and education. I thank you. CEOs-Speech-TVET-Scholarship-Award-CeremonyDownload The post Petrofund launches TVET scholarships to boost oil and gas skills in southern Namibia appeared first on The Namibian.

#Namibia #TVET #Petrofund #Scholarships #Education

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PETROFUND awards scholarships to 13 NIMT trainees PETROFUND awards scholarships to 13 NIMT trainees NBC Online Tue, 04/08/2025 - 12:26

#Scholarships #Education #Training #NIMT #PETROFUND

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