WINDHOEK: The Petroleum Training and Education Fund handed over two computer workstations valued at over N. dollars 124 000 to the Geology Department at the University of Namibia (UNAM) in the capital on Wednesday.
The workstations would assist UNAM to house petroleum software, namely Petrel and PetroMod which is used in the petroleum industry for the prediction of hydrocarbons.
Handing over the workstations, the Chairman of the PetroFund, Kahijoro Kahuure explained that the petroleum industry presents huge prospects to the economy, a potential that remains to be exploited.
He added that the petroleum industry is dynamic and research driven saying: “ the petroleum industry will no doubt benefit from better trained graduates hence our involvement in institutional development such as the donation of appropriate work stations to the geology department.”
He noted that there are currently 30 exploration licenses that were issued to various oil companies.
The Petroleum Commissioner and his team, according to Kahuure are under strict instructions that stakeholders take all necessary steps to undertake explorations on each of the license blocks and were appropriate drill to confirm the hydrocarbon potential of each block.
“I am optimistic that Namibia should surely have this precious resource that has the potential to not only create jobs but also improve the rest of our economy. However this industry demands not only heavy capital injections but also technical personnel skills in order to undertake various exploration initiatives,” he stressed.
Thus this donation that the Petrofund is making to UNAM is very special and in most respects timely.
On his part, the Head of Department of the Geology Department at UNAM, Dr. Ansgar Wanke who received the workstations said the donation will enable more students to be trained.
He added that his department is currently reviewing the undergraduate course in Geology while having plans to introduce two master applied programmes in geology.
He said his department will also introduce a separate masters programme in petroleum geology by next year.
According to Wanke, no where in the Southern African Development Community (SADC) and Sub-Saharan Africa is there a masters program in petroleum geology and once introduced, UNAM will cater for other students in the SADC region.
Meanwhile, established in 1992 through Clause 14 of the Petroleum Exploration and Production Act, 1991, the Petrofund is aimed at offering scholarships to high performing students interested in pursuing a career in the petroleum industry and the education sector of Namibia’s economy.
It is also aimed at strengthening institutions with the view of promoting knowledge of sciences and mathematics in the country.