Africa’s largest oil and gas producing nations to meet in Cape Town

By Chernoh Alpha M. Bah
Seventeen Ministers from Africa’s largest energy producing nations, including countries such as Nigeria, Equatorial Guinea, and Tunisia among others, have agreed to meet in Cape Town for this year’s Africa Oil Week taking place from 4-8 November 2019 to broker new partnerships for their energy sectors.
The ministers will be using the Africa Oil Week Summit as a platform to discuss national strategies, sovereign competitiveness, issue licences, and finalise tenders. With pressure growing on Sovereigns to develop attractive operating environments, the ministers will also be detailing their hydrocarbon strategies to an audience of 1500+ senior executives from the entire upstream value chain, including NOCs and IOCs, Independent Operators, the Geoscience community, Service Companies, and EPCs and the investment community.
In 2019, Ministers in attendance will include Tunisia’s Minister of Energy, Slim Feriani who will be joining the government speaker line-up for the first time in Africa Oil Week’s history. Though Tunisia is well known for oil production, Feriani recently announced that the nation is planning to double its gas production this year from 35,000 barrels of oil equivalent to 65,000 when the southern Nawara gas field comes onstream in June. He will be providing more details on the status of Tunisia’s oil and gas resources at this year meeting.
Irene Muloni, Uganda’s Minister of Energy and Mineral Development is also a key delegate at this year’s Africa oil week. In 2018, Uganda hosted a roadshow at Africa Oil Week to showcase the country’s “proven oil and gas reserves which constitutes close to 12% of world oil production”. This year, she will be expanding on this theme with an update on the country’s most recent petroleum exploration project.
Gabriel Mbaga Obiang Lima of Equatorial Guinea’s Ministry of Mines, Industry and Energy will be discussing that country’s oil potentials and growing production capacity,  Famous for its offshore crude oil fields, Equatorial Guinea produces roughly 13.5 million tonnes of crude oil per year, with 149 million tonnes recoverable oil reserves. The country’s “attractive policy and regulatory environment” for the energy sector is reportedly one of then best in Africa.
Dr Emmanuel Ibe Kachikwu, Nigeria’s Minister of State for Petroleum Resources, Africa’s largest oil producer and exporter with one of largest gas reserves will be discussing how the country is attracting interest from local operators such as Seplat and Oando who are sponsoring Africa Oil Week in 2019. The minster will also be laying out Nigeria’s most exciting exploration projects and policy developments.
Alongside those already mentioned, ministers from South Africa, Republic of Congo, Central African Republic, Djibouti, Burkina Faso, Guinea, Gambia, Mali, Zambia, Rwanda and Chad will also be speaking at the event.
Africa Oil Week, now in its twenty-fifth year, is the largest annual gathering of Africa’s energy producing nations and corporate stakeholders.
“It’s where they come to set out the future direction of the continent’s upstream oil and gas sector, secure major deals, and lucrative new partnerships,” one of the event’s manager said.
The annual gathering usually brings other over 1,500 delegates including ministers, CEOs and senior representatives from NOCs, IOCs, and independent oil companies, GEOs, oilfield services, and business service providers, thereby making it the premium deal-making hub for the industry in Africa.
Over 200 speakers make up agenda which every year claims to tackle the industry’s biggest challenges with the discussion topics shaped by oil and gas leaders.
This year’s gathering is taking place in Cape Town described by the organizers as a major conference hub and a desired travel destination. “With Africa oil week leading the way for investment and business development in Africa’s oil and gas sector, it only makes sense that we’re hosted in the city known as the gateway to Africa,” they said. 
With 360-degree views from Table Mountain to white sandy beaches, Cape Town is renowned for its stunning natural beauty, its winelands, fabulous cuisines, and a mix of culture that made it a major attraction for the global tourist community in recent years.

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