By Abisola THOMPSON
Leaders in Sub-Saharan African oil and gas sector will converge at the 12th Annual Sub-Saharan Africa Oil/Gas Conference scheduled for May 2 -3, 2019 at Marriott Westchase Houston, Texas, USA to discussed the pontential, opportunities, market stabilisation in the sector.
According to a recent report by Douglas Westwood, Africa and Americas will lead the world in deepwater market and a hunk of global Capex expenditure will be in that zone. The same survey showed a forecast on increase liquefaction, gas gathering and gas –to-power projects culminating to major gas exploration/production
With abundant deepwater projects coming to stream, other burgeoning upstream, midstream and downstream activities, the region will be a haven for oil and gas business from2QTR of 2019 to 2025.
The organizers of the conference, Energy & Corporate Africa, stated that the event comes at the heel of global market transformation and when the world focus is on Sub-Saharan Africa.
Sunny Oputa, chief executive officer of Energy & Corporate Africa, went further to state that this year’s conference is a must attend for companies with focus on Sub-Saharan Africa who want to add value to their businesses.
“Moreover, there is a major licensing rounds coming up and plans that some majors will sell most of their maturing fields which are still commercial to independents/marginal operators.
“Amid a prolific geology, reduced risk, cheap labor, advancement in technology and apparent high return on investment, Sub-Saharan Africa is now the investor’s paradise,” he said.
The conference parades industry experts, core decision makers and serious investors. Among the confirmed and expected key speakers include Dr. Maikanti Baru – Group Managing Director, Nigerian National Petroleum Corporation; Hon. Fafa Sanyang – Minister of Petroleum, Gambia
Joseph Medou – Exploration & Production Director, PETROSEN, Senegal, Dr, Babatunde Adeniran – Chief Operation Officer (Ventures), NNPC. Mr. Mordecai Lada, Director , Department of Petroleum Resources, Prof. Anthony Adegbulugbe – Chairman/CEO, Green Energy International Limited, Mike Aryeetey – Manager, Exploration & Appraisal, Ghana National Petroleum Corporation, Yaya Barrow – Managing Director, Gambia National Petroleum Corporation, Fernando Docters – Head, Oil & Gas, Standard Bank , New York, Tim O’Hanlon- Vice President African Business, Tullow Oil, Bayo Ojulari – Managing Director, Shell Nigeria Exploration & Production Company, Dr. Jim Demarest – Vice President – Exploration, Noble Energy,Dr, Gilbert Yevi – Senior Vice President Exploration, SASOL, Johannesburg, Johann Padioleau – Managing Partner, Swiss Upstream Advisor, Geneva, Switzerland, Adedipe Adeleke – Chief Operating Officer, LEKOIL, Dr. Nimi Abili – CEO, Greater Offshore, Rt. Hon. Itaya Nyong, Commissioner for Petroleum, Cross River, Sebastian Spio – Gabrah, Managing Director – Damina Advisors, David Baumgartner, CEO of Kerogen Ventures, , Hon. Jerreh Barrow- Commissioner for Petroleum, the Gambia, Caney Jobe, Reservoir Manager, GNPC, and others.
In the spirit of the transformations going on in the market there are going to be discussions on:
Managing transformation and leading change in Sub-Saharan Africa petroleum industry, opportunities in the region’s petroleum value chain ( upstream, midstream, downstream), market stabilization and growth, potentials of various basins, gas master plan and deep opportunities, licensing rounds and available assets for sales, petroleum laws , fiscal regimes and contract system. Also there will be major presentations on pipeline projects, reservoir and well optimizations, artificial intelligence and technological advancement, local content, project funding and others.
As the global market transforms with mixed feelings, Sub-Saharan Africa provides the market cushion and is the right place to be for now. In its manner, the Annual Sub-Saharan Africa Oil & Gas Conference brings petroleum ministers, senior government representatives, African producers, national oil companies, international oil companies, investors, financial institutions, service sector and entire stakeholders together to meet; share knowledge, exchange ideas, gain insight, showcase expertise and enhance business relationship.
This upcoming event according to the organizers is no exception and promises more content, unique activities, top rated speakers, and more participation.
