N$36b Venus oil project to create12 000 jobs
WALVIS BAY – The planned Venus oil project could create about 12 000 jobs and inject more than N$36 billion (US$2 billion) into Namibia’s economy. This was revealed by Mtundeni Ndafyaalako, National Petroleum Corporation of Namibia (Namcor) executive for upstream development and production, during the opening of the third Youth in Oil and Gas Summit... The post N$36b Venus oil project to create12 000 jobs appeared first on New Era .
WALVIS BAY – The planned Venus oil project could create about 12 000 jobs and inject more than N$36 billion (US$2 billion) into Namibia’s economy.
This was revealed by Mtundeni Ndafyaalako, National Petroleum Corporation of Namibia (Namcor) executive for upstream development and production, during the opening of the third Youth in Oil and Gas Summit in Walvis Bay on Friday.
He said the Venus project has moved beyond oil exploration and is now preparing to develop its first offshore oil project, as it is close to receiving final approval to enter the development phase.
