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Africa’s energy industry to gather at ADIPEC 2019 to set agenda for 2020

Event News

African energy officials and the public and private sectors will gather at ADIPEC in Abu Dhabi on 11-14 November to set the industry agenda for 2020

Taking the lead in representing Africa at the world’s largest oil and gas event, the African Energy Chamber (AEC) has signed an agreement with ADIPEC and officially endorses the conference and exhibition and invites all its partners to join the African delegation participating in ADIPEC.

Gabriel Mbaga Obiang Lima, minister of mines and hydrocarbons of Equatorial Guinea, said, “The good news for Equatorial Guinea and many African countries is, we have the resources. African countries have some much-untapped reservoirs of oil and natural gas that have regrettably been underexplored.

“We need to attract investment in our oil and gas industry, explore, supply the market and also develop our countries. ADIPEC is a great place to meet potential investors. We have a unique relationship with the UAE through OPEC and the GECF.”

Nj Ayuk, executive chairman at the AEC and CEO of the Centurion Law Group, commented, “We need to have Africa better represented within global investment shows like ADIPEC where major deals and contracts are being discussed. The conference’s focus on technology and the oil and gas sector 4.0 is especially relevant for Africa as the continent seeks to fully embrace digitalisation and the latest technologies to leapfrog into next-generation energy initiatives and developments.”

ADIPEC is being organised on the back of tremendous growth in investment and cooperation between the UAE and Africa this year, marked by the recent acquisition by ADNOC of Kosmos Energy’s stakes in Senegalese and Mauritanian offshore licenses.

As interest for Africa picks up from Middle Eastern markets and global companies, ADIPEC offers the perfect stage to promote additional opportunities for such deals across African oil jurisdictions.

The conference will see the official launch of “Billions At Play: The Future of African Energy and Doing Deals”, the book by the AEC chairman that paves the way for the development of Africa’s energy sector.

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Source: SafeStart

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Source: SafeStart

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