Mediterranean Gas & Energy Weeks: Governments Showcase Business Opportunities
The Mediterranean Gas & Energy Week, the industry’s biggest online event in the region, concluded its three day of sessions with 60 expert speakers presenting the latest opportunities in the region to over 2,000 senior executives from the oil, gas and renewables industries.
The summit was sponsored by GeoMar, HELPE Upstream, Hellenic Hydrocarbons Resources Management, Sproule and Rystad Energy.
Key government officials from the region, including Morocco, Montenegro, Malta, Albania, Croatia and many more, discussed the region’s latest Licensing Rounds, LNG mega-projects, and new midstream projects, together with Mediterranean’s most-established investors and new players, including TAQA Arabia, Engie, Dana Gas, Enagas, Sound Energy, Chariot Oil & Gas and more.
New Steps Discussed
The Mediterranean governments discussed their next steps whereby Greece reaffirmed its strategy for exploration and production, through HHRM and HELPE Upstream.
Also, ETAP presented Tunisia’s new upstream opportunities as Croatia will be making 3 new blocks available for bidding over the next year, while the Croatian Hydrocarbon Agency is promoting the country’s geothermal energy potential and new contracts available for bidding.
At the same time, Morocco has new opportunities for 2D and 3D data acquisition for the Paleizoic and Jurassic. According to ARERA, Italy’s Regulatory Authority for Energy, Networks and the Environment, Italy has the infrastructure in place to become a green hydrogen hub, by repurposing its existing pipelines and infrastructure.
AKBN presented Albania’s twelve available blocks, with seismic data and estimated reports looking very promising.
Energy Change in Quotes
“African countries have the potential to cover more than 30% of their consumption through renewables by 2030, 15% more than the average target for that decade.” stated Florence Fontani, Executive VP Strategy, Communications and ESR in the Middle East, South and Central Asia and Turkey, ENGIE.
“Hydrogen is a rock star” stated Francisco P. D. de la Flor, Director of International Organizations, Enagás, during his presentation at the Med Gas & Energy Summit earlier today.
Francisco explained the optimal decarbonisation process and mentions the advantages of blending Hydrogen into existing Gas Networks.
“We need to think and build the future together – work and develop the changes within the gas industry to provide the best service for users and consumers.”
IN-VR: About the Organiser
IN-VR works closely with the main pillars of the energy industry: Governments, Investors and Service Companies. They attract the right investors and business partners for all industry stages through tailored customised one-on-one meetings, summits and high-tech marketing campaigns including licensing round support and promotion.
We support governments in their journey to become leading energy producers, arranging more than 2200 B2B and B2G meetings annually, leading to new contracts and partnerships all over the world.