Africa’s Oil and Gas Experts Hold’s Webinar on Post Covid-19 Transition and Investment

Nelisiwe Magubane, Chairperson of Matleng Energy Solutions

Business people and professionals in Oil and Gas Industry across Africa will today hold an all-important Webinar on the future of energy in Africa with special emphasis on investment opportunities, prospects, and the post-Covid-19 business environment. The COVID-19 pandemic has had significant impacts on the growth and development of the energy sector. In particular, a recent study released by the International Energy Agency (IEA) concluded that the world is heading towards seeing a decrease in the development of wind turbines, solar power plants and other renewable energy installations. Set to be the first annual decline in new renewable energy project developments in 20 years, this reduction will have a heavy impact on many countries’ plans to increase their renewable energy capacity and in turn, economic growth.

Nelisiwe Magubane, Chairperson of Matleng Energy Solutions
Nelisiwe Magubane, Chairperson of Matleng Energy Solutions

The webinar will be guided by the question: Is Now the Time for Renewables? Speakers will include: Nelisiwe Magubane, Chairperson of Matleng Energy Solutions; Suzanne Jaworowski, Senior Advisor of Policy & Communications at the U.S. Department of Energy’s Office of Nuclear Energy and Massaer Cisse, General Manager of Lekela Power Senegal. “Countries are continuing to build new wind turbines and solar plants, but at a much slower pace. Even before the COVID-19 pandemic struck, the world needed to significantly accelerate the deployment of renewables to have a chance of meeting its energy and climate goals. Amid today’s extraordinary health and economic challenges, governments must not lose sight of the essential task of stepping up clean energy transitions to enable us to emerge from the crisis on a secure and sustainable path,” said the IEA’s Executive Director, Dr. Fatih Birol.

Suzanne Jaworowski, Senior Advisor of Policy & Communications at the U.S. Department of Energy’s Office of Nuclear Energy
Suzanne Jaworowski, Senior Advisor of Policy & Communications at the U.S. Department of Energy’s Office of Nuclear Energy

Read also : Nigeria and Ghana top Projects Destinations in the Oil and Gas Industry in 2020

Hosted by Africa Oil & Power, the conversation will feature contributions from Nelisiwe Magubane, Chairperson of Matleng Energy Solutions; Suzanne Jaworowski, Senior Advisor of Policy & Communications at the U.S. Department of Energy’s Office of Nuclear Energy and Massaer Cisse, General Manager of Lekela Power Senegal. The panel discussion will be moderated by Dr. Clinton Carter-Brown, Head of the Energy Centre at the South African Council for Scientific and Industrial Research (CSIR) and Africa Oil & Power’s Director of Programming, Caty Hirst.

Read also : Obasanjo Urges Africa to Collaborate for a Strong Oil and Gas Future

“The global pandemic coupled with the low oil price is encouraging many countries to relook at their energy mixes and energy transition plans in line with the current global environment. With each day, there are new complexities in planning energy transitions that will not jeopardize government’s long-term energy strategies,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “While we may naturally want to look into solutions such as small scale nuclear reactors, wind, solar and hydro, we are unfortunately, faced with immense challenges presented by restrictions aiming at fighting the pandemic as the first step. Through this webinar we hope to provide insight on the ideal way, specifically for African countries, to plan ahead despite the challenges,” he added.

 

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry

South Africa, Angola, Senegal and Equatorial Guinea Set to Launch Investment reports on Oil and Gas

 

Four African countries are set to launch investment reports on their oil and gas sector with aim to attract the right investors and quality investment in their emerging petroleum industry. Aside Angola and Equatorial Guinea, South Africa and Senegal, being new comers in the industry want to leverage on the knowhow of the traditional oil giants in the continent to promote their oil industry. The reports will be contained in the Africa Oil & Power’s (AOP) Africa Energy Series (AES) reports set for launching at the 2019 AOP conference which comes up from 9th to 11th of October, in Cape Town South Africa.

Nelisiwe Magubane, Chairman, Matleng Energy Solutions
Nelisiwe Magubane, Chairman, Matleng Energy Solutions

It is expected that ministers from South Africa, Senegal, Angola, and Equatorial Guinea will present the country-specific investment reports throughout the three-day conference; all delegates attending AOP 2019 will receive a copy of the AES reports says Nelisiwe Magubane, Chairman, Matleng Energy Solutions. Other organizations that will participate at the event are Power Africa Increasing Electricity Access, Gas Mega Hub Equatorial Guinea, Standard Bank Mozambique LNG FID. Moreso Adewale Fayemi, Managing Director, Total E&P South Africa will receive the Big Five Energy awards at the event.

Read also: Centurion CEO speaks to Chinese Oil and Gas Investors on African opportunities

The Africa Oil & Power’s (AOP) Africa Energy Series (AES) investment reports provides a broad outlook on the energy sectors of South Africa, Angola, Senegal and Equatorial Guinea, the AES investment reports are a compilation of resources, articles and interviews with key industry players examining the potential and challenges in each country’s petroleum industry.

The investment reports are a vital resource for investors entering or expanding their presence in the continent’s energy sector. Covering both macro and micro-dynamics, the AES reports are one of the few holistic and informed resources available for an otherwise information scarce industry. H.E. Gwede Mantashe, South Africa’s Minister of Mineral Resources and Energy, will launch the South Africa report on the first day of the AOP conference, followed by H.E. Mouhamadou Makhtar Cisse, Senegal’s Minister of Petroleum and Energy who will present the report on Senegal, which has been endorsed by H.E Macky Sall, President of Senegal as “the official publication documenting the immense investment opportunities within our oil and gas sector and within our country.”

Read also: African Development Bank and South Sudan Recruit Pan-African Centurion Law Group to Strengthen Capacity in the Oil & Gas Sector

Showcasing the country’s energy industry, the AES: Angola report will be launched on the second day of the three-day conference. Endorsing the report, the country’s President H.E. João Manuel Gonçalves Lourenço said: “At a time when our country stands resolute in its efforts to attract investment and promote partnership in all segments of the energy value chain, it has never been more critical to showcase the vision that our country has for its petroleum and gas industry to the rest of the world,”

Adding that, “I am honored to present the Africa Energy Series: Angola 2019 report as an official publication exploring the past achievements, future endeavors and untold investment opportunities present in our ever-growing oil and gas industry.”

H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea will present the AES: Equatorial Guinea 2019 report, which has been embraced by the country’s President, H.E. Teodoro Obiang Nguema Mbasogo as a means to honor the contributions of individuals, organizations, government and the private sector who have remained committed to the country’s development.

“I am delighted to present the Africa Energy Series: Equatorial Guinea 2019 report as the official publication documenting the Year Of Energy and detailing the oil and gas achievements of this country,” said President Mbasogo, while endorsing the country’s second AES investment report. The conference will be opened by keynote speakers H.E. Macky Sall, President of Senegal; Minister of Mineral Resources and Energy of South Africa, H.E. Gwede Mantashe, Minister of Mines and Hydrocarbons of Equatorial Guinea, H.E. Gabriel Mbaga Obiang Lima, and NJ Ayuk, Executive Chairman of the African Energy Chamber.

 

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry.