Under the auspices of H.E. President Macky Sall and in partnership with the Ministry of Petroleum and Energy, COS Petrogaz, Petrosen and various US and Canadian energy industry associations, Africa Oil & Power will organise the first MSGBC Oil, Gas & Power 2021 conference and exhibition from 26-27 October 2021 in Dakar
The event covers the entire region from Mauritania to Guinea, and also invites other important players in the region such as Algeria, Morocco and Côte d’Ivoire to hold talks with investor delegations from the United States, Australia, Europe, Asia and the Middle East.
The US-Africa Committee of the African Energy Chamber has provided its full support and endorsement. “Senegal and the region have historically welcomed US investment. This is now more important than ever. Looking ahead, American firms have a critical role in financing and providing technology to drive gas developments and the energy transition,” said Jude Kearney, former deputy assistant secretary for service industries and finance at the US Department of Commerce and currently President of Kearney Africa Advisors.
The government of Senegal is keen to expand this narrative to encompass neighbouring countries, with the goal of generating cross-border business and collaboration, and improving quality of life for potentially hundreds of millions of people.
Within West Africa, Senegal has gained most attention with the Sangomar field development – a US$4.2bn investment with production potential of up to 100,000 bpd – as well as the Great Tortue Ahmeyim development led by BP and Kosmos, that is estimated to hold 100 mmbbl of oil equivalent in natural gas reserves.
Looking beyond Senegal, the massive 50 trillion cubic feet natural gas discovery made by Kosmos in Mauritania in 2019, the nearly 5 billion barrels of oil estimated to be present in Gambia’s blocks A1, A2, A4 and A5, and new entries and drilling programs in Guinea Bissau, Guinea Conakry and elsewhere in the region, show that opportunities abound.
MSGBC Oil, Gas & Power 2021 is the sole event in Senegal with full government support that opens up national and regional opportunities across the scope of the energy transition. The 2021 programme will unite leaders and projects representing the full spectrum of energy activities, from oil and gas exploration to renewable energy developments, local goods and service provision, infrastructure, finance and power production and distribution.