Africa Oil Week (AOW) has listed Nigeria’s Oando Energy Resources as one of the organisations that will be projecting the country’s vast gas potentials and attractive opportunities open to investors as the AOW gathers regional and international stakeholders on October 8.
Organisers of the event said in a statement that already, private investors and key government functionaries across Africa are getting ready to address issues around Africa’s oil and gas challenges as well as opportunities that abound in the industry, at the event.
Home to Africa’s largest and most established oil nation, Nigeria, as well as several emerging producers in West Africa with a long hydrocarbons history, would feature exemplary indigenous capacities and emerging attractive frontiers available for investors.
Participating speaker and Oando Energy Resources COO Dr. Ainojie ‘Alex’ Irune certainly sees AOW, playing a significant role in Africa’s energy transition, the statement said.
“It’s interesting that we hold 500 trillion cubic feet, tcf of gas and are not the industrial hub of the world. China does not hold that much gas in reserves, we certainly do,” he was quoted.
With huge announcements regarding the Train 7 project and AKK pipeline recently coming from Nigeria, there is certainly a lot of ground to cover, the organisers said.
Most recently, projects including Tortue FLNG, Bonga FPSO and Nigeria’s long-awaited petroleum reforms have hit headlines worldwide. All demonstrate that West Africa remains an attractive prospect for Operators.
On October 8th, AOW virtual conference will unite key experts from Operators, governments and more to discuss new ventures and opportunities in the region, with quickfire data presentations and ample opportunity for audience.
Other speakers include, Dr Ainojie ‘Alex’ Irune, COO, Oando Energy Resources, Hon. Fafa Sanyang, Minister of Energy & Petroleum, The Gambia, Christine Roche, Manager, New Ventures AMME, PGS , Eugene Toukam, Commercial Director – Sub Sahara Africa, Baker Hughes, Chris Hindle, Director, Critical Resource.
Digital technologies are likely to be a key talking point, with the COVID-19 pandemic having accelerated their adoption in the oil and gas space. PGS’ Christine Roche commented:
“Many areas [in West Africa] are relatively under-explored with abundant opportunities. Using the latest acquisition and imaging technology, new datasets will improve knowledge of the subsurface petroleum systems and reduce exploration risk”.
Fellow speaking company, Baker Hughes, also has a wealth of data and experience to share on which current technologies are helping to boost production and enhance oil recovery in West Africa.
The Africa Oil Week, is a free to attend online conference aimed at reigniting African oil, gas and energy. True to AOW’s roots, the conference will be packed full of strategic outlooks, debates, and a much-anticipated government bidding round.
It will offer AOW’s global oil and gas audience a platform to discuss insights, challenges and opportunities post COVID-19.
Hundreds of C-level executives from across the value chain are expected to attend, as well as government representatives from countries including Somalia, The Gambia, South Africa and the USA.
By Chibisi Ohakah, Abuja