Africa Oil Week, organised by ITE Group, will be held in Cape Town, South Africa from 5 – 9 November 2018, focusing on the challenges and future opportunities in Africa’s oil and gas sector
The conference is one of the leading oil and gas gatherings in the continent, which aims to assemble international energy players, African governments, national oil companies, and stakeholders to discuss and share knowledge for the development of Africa’s upstream sector.
As it is forecasted that about US$194bn will be spent on 93 upcoming oil and gas fields in Africa between 2018 and 2025, according to GlobalData, the Africa Oil Week is set to underscore significant opportunities to view many agreements and partnerships to seal some crucial investments for Africa’s oil and gas industry.
According to ITE Group, national oil companies in Africa tie-up with international oil and gas companies to further explore hydrocarbon opportunities in the continent. Some of the new hydrocarbon provinces that are coming out regularly include Mauritania and Senegal.
With Africa Oil Week, the continent is expecting to meet market-leading operators across the globe, who will be discussing exploration and production developments and new energy strategies for the continent.
Some of the leading oil and gas players to attend the event are France’s Total, Lekoil, Namibia’s oil and gas company Azinam, GardaWorld, world's largest security company, any many more.