The African Energy Chamber has launched its book titled, ‘African Energy Road to Recovery: How The African Energy Industry Can Reshape Itself For A Post COVID-19 Comeback’ which details recommendations, case studies and solutions for how the industry can reshape itself to enable a post-COVID-19 comeback
Africa’s oil and gas industry is facing extraordinary circumstances. An ongoing energy transition and new efforts to decarbonise the world are weighing on oil demand. The shale revolution is exacerbating these pressures. And of course, the COVID-19 pandemic has wrought havoc on markets around the world, accelerating and intensifying existing trends.
The African Energy Chamber hosted its virtual book launch for its first book titled ''African Energy Road to Recovery: How the African energy sector can reshape itself for a post-COVID-19 comeback'' alongside its advisory board members, moderated by Verner Ayukegba, senior vice-president at the African Energy Chamber on 16 March at 4PM SAST.
The advisory board members, who lead the narrative within the book, provided insight into what the book has to offer and presented their own opinions and solutions to the sector’s recovery.
The book provides an in-depth look at the current African energy landscape through the provision of resources including maps and graphs, detailed analysis of risks and opportunities, and key insights from industry giants that provide a framework not only for moving forward in a post-COVID-19 context, but excelling. Through the presentation of interviews with industry experts and informative articles that seek to examine the entire energy value chain, the book is particularly critical in understanding the current context and catapulting Africa’s energy industry to success.
With the abundance of sizeable discoveries, emerging large-scale projects, and Africa’s exponential range of opportunities for investment and growth across the continent, the book provides information and recommendations critical for the continent in moving forward post-COVID-19.
“You need to create a good system upfront that addresses the physical, cyber and technological components of assets and addresses those issues in a way that maintains operational resiliency,” stated C Derek Campbell, CEO of Energy & Natural Resources, Inc. “The book does a good job of explaining technology and operational technology environment that comes together with African operators that need to look at how they operate in this industry 4.0 environment.”
The Road to Recovery addresses these challenges head-on, detailing all of the major challenges facing African oil and gas stakeholders, as well as workable solutions that will keep the industry on a strong and stable growth path. Again and again, our oil and gas sector has proven its resilience and adaptability. The world still needs oil and gas, and Africa still holds enormous untapped potential. The African Energy Chamber will remain a committed partner of choice for the industry as we advance into an uncertain future.