Several African countries have used the Africa Oil Week (AOW) event in Cape Town to promote their oil and gas sectors to a global audience of investors, suppliers and other major stakeholders
Africa Oil Week started off to a high profile with more than 200 senior executives from IOC and NOCs, along with ministerial delegations from leading African nations, working together to find solutions to Africa’s energy challenges
Somalia, rich in hydrocarbons with a favourable geological structure, has great opportunities for investors looking to enter the East African market, said the country’s Minister of Petroleum and Mineral Resources Abdirashid Mohamed Ahmed at the Africa Oil & Power conference
South African Minister of Mineral Resources and Energy Gwede Mantashe has urged investors to invest in and help develop South Africa’s gas industry
Estimated to hold 37bn bbl of proven oil reserves, Nigeria is the second biggest oil-rich country in Africa, after Libya
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