According to her, industry advocacy groups like Oil Producers Trade Section (OPTS) in Nigeria were a useful tool to help push a clear and harmonised set of standards for implementing ESG goals in African countries and working in tandem with the energy ministries.
Under the theme ‘Sustainable Growth in a Low Carbon World’, Africa Oil Week will advocate the importance of developing hydrocarbons in Africa and the sustainable development of oil and gas.
While Kenya’s oil generation capabilities have been small to date, the country has made significant strides in terms of renewable energy – and further potential remains.
The eyes of international oil and gas investors are becoming increasingly fixed on Africa as an area of development, and on the East Africa region in particular – with good reason.
Africa Oil Week takes a look at the current state of licensing round set to take place across the continent in 2020-2021. Recent analysis from Rystad Energy predicts that over 50 per cent of global upstream licensing rounds for 2020 will be cancelled or delayed, reflecting the dual effect of COVID-19 and oil price volatility….
