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Top 5 Reasons to Attend MSGBC Oil, Gas & Power 2022

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MSGBC

Convening global and regional energy leaders, movers and investors, these are the top five reasons why you should attend MSGBC Oil, Gas & Power 2022

CONAKRY, Guinea, June 28, 2022/APO Group/ — 

From 1 to 2 September this year, Africa’s leading energy sector investment platform, Energy Capital & Power (ECP) (https://EnergyCapitalPower.com) will host the MSGBC Oil, Gas & Power 2022 Conference (https://bit.ly/3R3Ygoi) under the theme, ‘The Future of Natural Gas: Growth using strategic investment and policy making,’ at the world-renowned CICAD venue in Dakar.

Opened by H.E. Macky Sall, Senegalese President and African Union Chairperson (https://bit.ly/3a0YCLF), this unmissable event will unlock significant opportunities across the MSGBC region. Here are five reasons to attend the conference in Dakar this September.

Gain Insight into MSGBC Oil, Gas & Power Opportunities

MSGBC 2022 offers strategic insights from global industry pundits and top west African sectoral actors. Covering the entire energy sector and its value chain, MSGBC 2022 represents the official platform to gain first-hand information on emerging trends, new projects and regional developments. Through dedicated forums, updates and insight will be provided regarding upcoming licensing rounds, including The Gambia’s 7; Guinea-Bissau’s 5; Senegal’s follow-up on a recent 12-block; and Guinea-Conakry’s finalization of terms for a 22-block round.

Additionally, a project highlight forum will explore the latest updates from multi-billion-dollar megadevelopments across the region including Woodside’s 500 million-barrel deepwater Sangomar project; bp’s $3.8 billion transnational Greater Tortue Ahmeyim project; and Chariot’s $3.5 billion 10GW green hydrogen Project Nour in Mauritania. Attendance at MSGBC 2022 places delegates at the heart of these developments.

Last year, ECP’s events saw $2.5 billion worth of deals signed, and MSGBC 2022 is already set to come back bigger and better than 2021’s acclaimed pilot

Connect with Global Investors

MSGBC Oil, Gas & Power 2022 opens global market access at a time when the basin’s burgeoning energy sector is catalyzing a reinvigorated globalization surge and sparking widespread investor interest. The event will attract financiers from across Africa, but also Europe, Asia, America, Australia and the Middle East, along with delegations from many of the extant majors working across the region. Held under the auspices of H.E. Macky Sall, the event firmly positions both the country and region for international market integration, and therefore represents the official platform where delegates can meet and connect with global investors. At a time when large-scale projects are taking off across the region and European markets crave an African gas supply, the event’s timing and reach are designed to bring delegates in on the action. Last year, ECP’s events saw $2.5 billion worth of deals signed, and MSGBC 2022 is already set to come back bigger and better than 2021’s acclaimed pilot.

Network with Regional and Global Stakeholders

MSGBC 2022 offers networking at a never-before-seen-level across its two days of packed programming, over two dozen exhibitors showcasing groundbreaking developments throughout their floor stands and a number of high-level delegates expected ranging from pundits to policymakers, international investors to international oil company executives, national oil company directors to ministry heads. Representing the entire region from Mauritania to Guinea, the event positions regional cooperation at the fore, proudly hosting delegations from across the regional, continental and international market space. In 2022, MSGBC offers delegates the chance to not only meet but engage with other stakeholders, forging a new era of integration in Africa.

Establish Partnerships

Meanwhile, on the back of improved engagement among stakeholders, delegates glean another significant advantage in the form of a policy foreknowledge and public-private-partnership (PPP) potential. Across the MSGBC basin, legislation is moving with record speed to redress pitfalls in gender equality, local content and electrification. Senegal’s most recent content reforms came into effect only last year, and this year, The Gambia refreshed its model Petroleum Exploration, Development and Production License agreement with a view to enhancing local content and social benefit. Increasingly, governments and public entities will be driving the future of investment, and with every MSGBC energy ministry in attendance as well as that of Sierra Leone, representatives from these nations’ national oil companies and Gambian and Senegalese dignitaries all attending, MSGBC presents an unmatched platform for forging strong PPPs.

Introduction to New Technologies

Finally, with climate change calling for the transition to cleaner sources of fuel, MSGBC’s innovative exhibition experience offers delegates insight into new technologies across the oil and gas value chain. Decarbonization solutions, carbon capture and storage as well as technologies that will both enhance production while reducing emissions will be showcased. What’s more, as COP27 approaches, MSGBC will not only feature oil and gas updates, but a strong spotlight on renewables and green hydrogen, providing delegates exposure to cutting-edge low carbon energy technology as well as solution providers. Despite the potential of renewable energy in Africa, the continent receives a mere 2% of green energy investment. With major developments launched including Mauritania’s signing of green hydrogen MoU’s representing $43.5 billion, deploying some 40 GW of solar and wind underway, regional green energy players will be able to have access to both the latest developments in smart low-carbon technologies – both through panel discussions and innovative exhibitions – as well as regional and global investors and technology providers, paving the way for new partnerships that will accelerate MSGBC’s green energy expansion. Visit https://MSGBCOilGasAndPower.com to be there.

Distributed by APO Group on behalf of Energy Capital & Power.

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Ministers among hundreds of energy-sector leaders to attend AOW event

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1 day ago

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October 4, 2024

By

Sinclair

The event kicks off with an invitation-only ministerial symposium focused on the theme of “Fostering innovation, attracting investment, and promoting sustainable growth in the oil, gas, and energy sectors”

CAPE TOWN, South Africa, October 4, 2024/APO Group/ — 

AOW: Investing in African Energy (https://AOWEnergy.com) – Africa’s leading oil, gas and energy event – has confirmed attendance for more than 80 ministers and senior officials, representing African governments, energy departments and regulators at next month’s event.

These influential stakeholders will be among the more than 1 600 senior delegates and industry leaders who will be attending the event to develop policy, share discoveries, secure investment, and shape Africa’s energy future.

The event kicks off with an invitation-only ministerial symposium focused on the theme of “Fostering innovation, attracting investment, and promoting sustainable growth in the oil, gas, and energy sectors.”

Given the recent major oil-and-gas discoveries across Africa, the energy transition and major geopolitical events, it is clear that the energy sector needs positive intervention

Among the officials and government ministers attending will be energy leaders from South Africa, Nigeria, Namibia, Cote d’Ivoire, Mozambique, DRC, Ghana, Kenya, Madagascar, Eswatini, Uganda, CAR, Guinea Conakry, Guinea Bissau, Ethiopia, The Gambia, Gabon, Malawi, Morocco, Zanzibar, Liberia, Senegal, Congo Brazzaville and Sierra Leone.

In addition, the event will feature high-level delegations from numerous national oil companies, as well as multilateral bodies including the African Union, (AU), African Energy Commission (AFREC), African Petroleum Producers’ Organization (APPO) and the Southern African Power Pool (SAPP).

AOW will see these energy leaders networking with C-suite executives and decision-makers from more than 760 top energy companies at daily networking events, to discuss insights, forge new relationships, and negotiate major energy deals.

“We are so excited to see the calibre of delegates at this year’s AOW event,” says Chief Executive Officer of Sankofa Events, Paul Sinclair. “Given the recent major oil-and-gas discoveries across Africa, the energy transition and major geopolitical events, it is clear that the energy sector needs positive intervention. The high-powered attendance proves AOW is a key platform to enable this intervention.”

Key themes to be discussed at this year’s AOW will be sustainable upstream development; expanding gas value chains; renewables and new energies; adoption of best-in-class technologies; and access to finance.

AOW: Investing in African Energy will culminate in a special anniversary party at Groot Constantia Vineyard to celebrate 30 years of the AOW event.

Distributed by APO Group on behalf of AOW: Investing in African Energy.

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Afreximbank approves US$20.8 million for Starlink Global’s cashew factory project in Lagos

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1 day ago

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October 4, 2024

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PAPSS

The facility is expected to promote value addition which will guarantee increased earnings to the company while also fostering the creation of about 400 new jobs

CAIRO, Egypt, October 4, 2024/APO Group/ — 

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos.

We are delighted at this partnership which promises to deliver significant impact on employment in Nigeria

According to the facility agreement signed in on July 22, 2024, Afreximbank will provide the funds in two tranches with the first tranche of US$7.48M going toward capital expenditure for the construction of the factory and the second, totalling US$13.25M to be deployed as working capital for the operations of the factory.

The facility is expected to promote value addition which will guarantee increased earnings to the company while also fostering the creation of about 400 new jobs once the factory becomes operational. It is also expected to support about 40 small and medium-sized enterprises.

Commenting on the transaction, Mrs. Kanayo Awani, Executive Vice President, Intra Africa Trade and Export Development, Afreximbank, said that by supporting Starlink Global to establish a modern processing facility, Afreximbank is making it possible for Africa to add value to its agro-commodities, thereby facilitating exports and subsequent inflow of much-needed foreign exchange into the continent.

“We are delighted at this partnership which promises to deliver significant impact on employment in Nigeria. It will contribute to value creation and to the development of the local community while also improving the lots of smallholder farmers and small business suppliers that will work with Starlink across the value chain,” Mrs. Awani added.

Distributed by APO Group on behalf of Afreximbank.

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Sonangol to Lead Decarbonized Oil & Gas (O&G) Development, Says Angolan National Oil Company (NOC) Head

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October 4, 2024

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Sonangol

Participating in an on-stage interview at Angola Oil & Gas 2024, Sonangol CEO Sebastião Gaspar Martins emphasized that oil and gas remains a core focus for the national oil company

LUANDA, Angola, October 3, 2024/APO Group/ — 

Angola’s national oil company Sonangol reiterated its commitment to driving sustainable hydrocarbon development during the Angola Oil & Gas (AOG) conference this week. Speaking during an “In-Conversation with” session, Sonangol CEO Sebastião Gaspar Martins stated that the company will not abandon oil and gas, but rather advance decarbonized oil and gas development.

We are looking at opportunities in the gas sector and have identified the right partner to develop non-associated gas

By investing in upstream oil and gas production while prioritizing low-carbon projects, Sonangol aims to boost national crude output, while diversifying and decarbonizing the industry. The NOC is focusing efforts on non-associated gas development, as well as alternative energy sources such as solar.

“We are looking at opportunities in the gas sector and have identified the right partner to develop non-associated gas. Gas produced from Angola LNG will be used for the production of fertilizer and we are evaluating the utilization of gas in the south of the country, linking gas with steel industries. We also have a blue carbon project, linked to the reduction of carbon through the plantation of mangroves. We have one area in Luanda and have identified four additional areas for this,” stated Gaspar Martins.

Sonangol has undergone transformation in recent years: following the creation of the National Oil, Gas & Biofuels Agency (ANPG) in 2019, Sonangol transferred its role as national concessionaire and regulator. This transformation has aimed to make Sonangol more competitive and strengthen its capacity as an upstream operator. Concurrently, the government is partially privatizing the NOC, with privatization set to be complete in 2026. This process will enhance financial capacity, allowing Sonangol to drive new upstream projects forward.

“The transformation of Sonangol started several years ago, when we passed the regulatory, concessionaire role to the ANPG. At the time, we transferred almost 600 employees to the ANPG. After that, Sonangol underwent a restructuring program where we created five core business units from 36 different entities – starting with exploration and production. We want to go public, but we want to do it properly. So, we are currently going through all the processes to do this,” stated Gaspar Martins.

Distributed by APO Group on behalf of Energy Capital & Power.

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