At the upcoming African Energy Week (AEW): Invest in African Energy conference – Africa’s premier event for the energy sector, taking place this November in Cape Town, there will be a showcase of investment opportunities in Africa’s leading energy market.
Spotlight sessions will highlight projects seeking investment, licensing rounds, planned drilling campaigns and other opportunities for private sector participation.
In Nigeria, the Invest in Nigeria Energies will present lucrative opportunities in the country’s oil and gas market. which has seen several key developments in recent months. The Nigerian Upstream Petroleum Regulatory Commission recently launched its 2024 licensing round, featuring 12 blocks on offer.
Shell has announced plans to invest $1 billion in Nigerian gas projects over the next decade, While Chevron has launched a $1.4 billion infill drilling program, among other developments.
In Namibia, a series of offshore oil discoveries – including Shell’s Enigma-1X, Graff-1X, La Rona, Jonker-1X and Lesedi-1X; Galp’s Mopane-1X and Mopane-2X; and TotalEnergies’ Venus-1X and Mangetti-1X – have positioned the country as a global exploration hotspot.
Ranking as one of Africa’s top green hydrogen markets, Namibia is home to Hyphen Hydrogen Energy’s $10 billion Tsau-Khaeb development – with the Invest in Namibia Energies session set to showcase the country’s diversified energy agenda.
Invest in the Republic of Congo Energies will explore the Congo’s ongoing efforts to maximize its oil production through historic levels of upstream investment.
The Invest in Algeria Energies session will showcase Algeria’s efforts to boost its gas reserves, production and exports to Europe, while establishing itself as a leading green hydrogen market.
Last April, Algerian NOC Sonatrach signed an agreement with TotalEnergies to develop gas resources in the North-East Timimoun region, while the country is expanding its TFTII oil and gas pipeline to increase gas exports to Europe. Algeria is also evaluating prospects to develop and export green hydrogen to Europe through cooperation with private and public sector entities from Chile and Germany.
The Invest in Angola Energies session functions as a platform to connect global investors with Angola’s untapped oil and gas opportunities, as one of Africa’s largest oil producers, undertaking a series of projects to maintain oil production above 1.1 million bpd through 2027.
Invest in Libya Energies is also set to connect investors with emerging prospects. Mozambique, Ghana, Equitorial Guinea and a host of others, are also looking to connect with global investors, developers and decision-makers and foster strategic collaborations to drive the continent’s energy growth during the AEW 2024.
