Africa-Press – Namibia. Yinson Production will formally enter the Namibian market in January 2026, marking its first strategic move to secure future floating production, storage and offloading (FPSO) opportunities expected from the Orange Basin.
The company confirmed it will open a local office early next year and begin crew training as it positions itself for FPSO awards anticipated from 2027 onwards.
Yinson Production says it has signed an agreement with the Petroleum Training and Education Fund (Petrofund), the statutory body responsible for upstream petroleum skills development through scholarships and specialised training.
“As we advance our journey to become a long-term player in Namibia’s oil and gas sector, we are opening our office in January 2026, deepening our commitment to support the country’s development.
The signing of this agreement is a significant milestone for Yinson Production and a testament to our long-term vision for Namibia,” the company says.
The agreement forms part of a broader local content commitment including on-the-job training, internships, university partnerships, maritime scholarships, supply-chain development and technical capacity-building for state institutions.
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