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The Barrel is Not the Prize

This week Namibia sits down to turn its oil discoveries into local opportunity. We are defining that opportunity too small. The prize is not only to supply the find. It is to own it. Off our southern coast, in the Orange Basin, the majors have found what may be one of the largest oil provinces […] The post The Barrel is Not the Prize appeared first on The Namibian .

The Namibian17 Aug 2026, 01:00 pm
The Barrel is Not the Prize

This week Namibia sits down to turn its oil discoveries into local opportunity.

We are defining that opportunity too small. The prize is not only to supply the find. It is to own it.

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Off our southern coast, in the Orange Basin, the majors have found what may be one of the largest oil provinces opened this century. Venus, Graff, Mopane: names that now carry a Namibia’s expectations.

This week, in Windhoek, the government, operators and Namibian businesses sit down at the Namibia Oil and Gas

Conference 2026 to ask how the country captures the value.

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Originally published by The Namibian on 17 Aug 2026, 01:00 pm. View original article
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