Former Energy Minister Launches Advisory Firm as Namibia Prepares for Oil Boom
Namibia’s former Minister of Mines and Energy Tom Alweendo has launched Alvenco Advisory, a strategic consulting firm perfectly positioned to capitalize on the country’s emerging status as Africa’s next major hydrocarbon producer. The firm arrives at a crucial time as global oil giants and independent companies flood into Namibia ahead of anticipated production beginning in 2029.
Alweendo’s venture promises to provide expert navigation through Namibia’s unique regulatory landscape, offering collaborative approaches that align private investment with government stakeholders and national energy goals. The firm emphasizes policy and regulatory support, ESG focus, and strategies for shared value creation and long-term returns.
The timing couldn’t be better as the Orange Basin experiences unprecedented global attention. TotalEnergies approaches a final investment decision for its Venus discovery next year, while Galp continues reporting strong yields from Mopane wells. Exploration activities are intensifying across multiple operators, with Rhino Resources, Halliburton, Stamper Oil & Gas Corp, and Chevron all pursuing significant projects across various basins.
“Namibia is on the cusp of extraordinary change,” Alweendo stated, emphasizing the firm’s commitment to ensuring natural resources benefit all Namibians while supporting global investors in unlocking tangible opportunities.
Source: oilreviewafrica.com
