CAPE TOWN – Africa Oil Week looked to the future of the energy sector through a topical session entitled Energy Transition Outlook to 2050.
The panel heard the latest findings from DNV’s report and examined the region’s future energy mix in the context of the global picture, the outlook for conventional oil and gas demand and explored the impacts on regional energy projects and government policy.
In the afternoon the focus was on gas looking specifically at the subjects of Gas to Power, Gas Monetisation and the African Gas Sales Equation.
The opening of the Republic of Ghana 2018/19 bidding round was hosted by Minister John-Peter Amewu, Minister of Energy and held in partnership with PGS, generated huge interest as the blocks are located in the attractive Western Basin.
Running concurrently to the plenary, and the Prospect Forum showcasing data packages from geoservice companies, was the Finance Forum which was filled with finance and investment experts from across the industry.
These panels came together to discuss opportunities to drive transaction in African infrastructure, the role of global finance in the African upstream and developing financing solutions for African oil and gas.
The AOWomen Breakfast Briefing sponsored by Noble Energy and supported by African Women in Gas explored the topic of driving capacity and equality in Africa’s energy market.