Hyphen Hydrogen Energy (Pty) Ltd

Ayan brings international oil and gas negotiation expertise to Namibia.

Hyphen selected for 5.93 million US dollars AFDB funding support.

Saipem and Petrofund sign MOU on skills development.

President Nandine Daitwa highlights Namibia's diversified energy future.

The training brought together representatives from the Upstream Petroleum Unit, NAMCO, the Ministry of Industries, Mines and Energy, the Office of the Attorney General, Ministry of Finance, Ministry of Environment, Bank of Namibia, NAMRA and Petrofund, among others, with sessions covering petroleum agreements, stabilization provisions, sovereign immunity, joint operating agreements and LNG sales and purchase agreements.

Delivered by experienced ION instructors, the program comes as Namibia prepares for the next phase of its emerging petroleum industry, strengthening international knowledge of the legal, financial, regulatory and commercial aspects of energy agreement, ION, which has more than four decades of experience supporting energy negotiators globally, said customized training remains an important part of its work, while the VINTA program demonstrates how international expertise can contribute to building local capacity as Namibia's oil and gas sector continues to develop.

Hyphen selected for US$5.93 million AFDB funding support, Hyphen Hydrogen Energy has been selected by the African Development Bank for a prospective US$5.93 million reimbursable grant under the Sustainable Energy Fund for Africa's Africa Green Hydrogen Program.

The funding will support of Namibia's flagship green hydrogen progress towards final investment decision, building on a previously announced $10 million U.S. dollar reimbursable grant from the bank.

Why was it given that name?

Yeah, well, the idea was that Hyphen, so the main producer of green hydrogen for export to Europe, would take off there.

And the ambitions were really huge.

Hyphen is supposed to, yeah, it basically needs $10 billion for investment to take off, to be constructed.

And the GDP for Namibia is about $13 billion at the moment.

So it was nearly the complete GDP of the whole country of Namibia that was needed.

I guess it's still about the same.

But yeah, so a large part of it is meant to create better infrastructure to support the green hydrogen industry.