Africa Oil Week ends with promising outlook for oil and gas industry

Panelists at the event in Cape Town, South Africa.

By Oke Peter

The leading event dedicated to the African Oil and Gas industry, Africa Oil Week (AOW) 2018 has come to an end, after a five-day content-packed conference and exhibition in Cape Town, South Africa.

The intelligence business platform saw over 1,500 delegates from around the world exchanged thoughts and latest insights taking place in Africa and the future of the Oil and Gas industry.

The conference also held sessions focusing on African production, exploration and future outlooks for the sector as well as the energy transition outlook to 2050 and how technology and finance are creating new options for gas.

More than 17 government ministers attended the event, including ministers from South Africa, Nigeria, Mali, Uganda, Gambia, Congo, Niger, Cote d’lvoire, Guinea, Namibia, and Sudan.

Additionally, over 200 speakers took part in the conference and exhibition, providing over 50+ hours of industry insights and networking opportunities.

Commenting, the Conference Director, Paul Sinclair said: “The conference tackled some of the most compelling issues facing the African upstream today. With luminaries such as Minister of Energy, Republic of South Africa,Honourable Jeff Radebe and the Executive Director, International Energy Agency (IEA), Dr Fatih Birol outlining their commitment to a sustainable future.”

“Also, Nigeria’s Minister of State for Petroleum, Dr Ibe Kachikwu confirmed the direction of the Nigerian upstream and the American government’s commitment to African energy development. Africa Oil Week delivered both insights and tangible takeaways for operators, banks, service companies and governments alike,” he said.

The event also hosted dedicated student programme for 2018, where more than 100 students attended in partnership with the University of Cape Town, University of the Western Cape, University of Namibia and University of Dar es Salaam and focused on capacity building and workforce development.

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