McDermott and Namibia’s Petroleum Training and Education Fund (PETROFUND) have signed a Memorandum of Understanding (MoU) to collaborate on academic and industrial training initiatives aimed at developing skills within Namibia’s upstream oil and gas sector.
The agreement seeks to align training with international standards and provide Namibian students, job seekers and service providers with access to mentorship, employment and technical development opportunities.
It focuses on upskilling the local workforce in key areas such as engineering, fabrication, operations and project management to unlock the country’s offshore energy potential.
Mahesh Swaminathan, McDermott’s Senior Vice President for Subsea and Floating Facilities, said the partnership underlines the company’s long-term commitment to local content development.
“This MoU furthers our commitment to developing local content and building a sustainable oil and gas workforce in Namibia. By investing in the next generation of Namibian talent, we help prepare them to lead future projects as Namibia emerges as a key player in Africa’s energy landscape,” Swaminathan said.
PETROFUND Chief Executive Officer, Nillian Mulemi, said the collaboration directly supports PETROFUND’s mission to build national capacity for the country’s emerging petroleum industry.
“Our partnership with McDermott supports PETROFUND’s mandate to build the capacity of Namibia’s workforce and service providers to participate in the emerging opportunities within the country’s upstream oil and gas industry,” Mulemi said.
“Capacity-building collaborations with international service companies promote the exchange of global best practices and technical expertise with local talent, thereby positioning Namibia’s workforce and service providers to play active roles across the full value chain of the upstream industry, while driving and sustaining economic growth in the country.”
