{"id":7229,"date":"2018-11-07T06:08:04","date_gmt":"2018-11-07T06:08:04","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=7229"},"modified":"2018-11-07T06:12:25","modified_gmt":"2018-11-07T06:12:25","slug":"africa-oil-week-2018-highlights-key-challenges-opportunities-facing-oil-gas-sector-africa","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oil-week-2018-highlights-key-challenges-opportunities-facing-oil-gas-sector-africa\/","title":{"rendered":"Africa Oil Week 2018 highlights key challenges & opportunities facing the oil and gas sector in Africa"},"content":{"rendered":"

The first session on Economic Outlooks of the Africa Oil Week was opened with key speakers including Jens Fr\u00f8lich Holte, State Secretary, Ministry of Foreign Affairs – Norway; David Hicks, Senior Vice President: Upstream, IHS Markit; Jasper Peijs, Exploration Vice President, BP; Mounir Bouaziz, VP Commercial\/New Business Development South America & Africa, Country Chair Dubai & Northern Emirates, Shell; Paul McDade, CEO, Tullow Oil and Wale Tinubu, Group Chief Executive, Oando PLC. The panel addressed the challenges and opportunities the African oil and gas industry is currently facing. The session also highlighted how Africa can remain competitive in this global oil and gas landscape.<\/p>\n

\u201cTullow believes wholeheartedly in Africa\u2019s ability to compete against all other oil and gas producing regions.\u00a0Africa has natural advantages that other markets simply don\u2019t have.\u00a0There is no reason for Africa to do anything but grow market share, and Tullow is committed to being a substantial part of that story\u201d said Paul McDade, CEO, Tullow Oil.<\/p>\n

Another standout plenary session was the Ministerial Panel led by BBC World Affairs Editor, John Simpson. Six Ministers from South Africa, Nigeria, Niger, Sudan and Congo provided insights on their country\u2019s exploration & production strategies. They explored routes to drive growth in National Oil Companies and the role oil and gas plays within policy and development plans.<\/p>\n

A bidding round from the Republic of Congo, a licensing round<\/a> announcement from Madagascar and a country roadshow from Uganda once again highlighted the important role Africa Oil Week plays in driving new business opportunities for governments and exploration companies across Africa.<\/p>\n

Tuesday also provided various networking and social functions for delegates including the Ministerial & VIP lunch, Thinktank for Sustainable African Energy , PetroAfricanus Dinner and the Late Night Networking Reception.<\/p>\n

Africa Oil Week is taking place at the Cape Town International Convention Centre in Cape Town, South Africa on the 5-9 November.<\/p>\n","protected":false},"excerpt":{"rendered":"

The first session on Economic Outlooks of the Africa Oil Week was opened with key speakers including Jens Fr\u00f8lich Holte, State Secretary, Ministry of Foreign Affairs – Norway; David Hicks, … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":7230,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[3312,437,955,1827,4152],"class_list":["post-7229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-africa-oil-week","tag-challenges","tag-gas","tag-oil","tag-opportunities","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/11\/ea8655d1bb6610a37bf9390b579462b0.jpg?fit=800%2C534&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1SB","jetpack-related-posts":[{"id":9093,"url":"https:\/\/www.oilnewskenya.com\/index.php\/oil-and-gas-exploration-in-namibia-liberia-and-ghana-looking-to-the-future\/","url_meta":{"origin":7229,"position":0},"title":"Oil and Gas Exploration in Namibia, Liberia and Ghana: Looking to the Future","author":"","date":"September 10, 2020","format":false,"excerpt":"Namibia, Liberia and Ghana are set to share their latest and most exciting oil and gas developments in a series of dedicated roundtable discussions aimed at showcasing hydrocarbon potential and investment opportunities at the largest gathering of Africa\u2019s upstream community this year. Despite the challenges faced during 2020, the oil\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/09\/Africa-China-India.png?fit=755%2C376&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/09\/Africa-China-India.png?fit=755%2C376&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/09\/Africa-China-India.png?fit=755%2C376&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/09\/Africa-China-India.png?fit=755%2C376&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5870,"url":"https:\/\/www.oilnewskenya.com\/index.php\/16th-africa-independents-forum-set-for-london-in-may\/","url_meta":{"origin":7229,"position":1},"title":"16th Africa Independents Forum Set For London in May","author":"","date":"April 19, 2017","format":false,"excerpt":"As one of the foremost events on the international Oil and Gas calendar, the 16th Africa Independents Forum, which will take place on 24th and 25th May in London, brings together all stakeholders in Africa\u2019s upstream oil and gas to review the state of the industry and exchange ideas on\u2026","rel":"","context":"In "Events"","block_context":{"text":"Events","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/events\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/04\/16th_AIF_logo_darkmint.jpg?fit=1200%2C480&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/04\/16th_AIF_logo_darkmint.jpg?fit=1200%2C480&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/04\/16th_AIF_logo_darkmint.jpg?fit=1200%2C480&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/04\/16th_AIF_logo_darkmint.jpg?fit=1200%2C480&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/04\/16th_AIF_logo_darkmint.jpg?fit=1200%2C480&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":2678,"url":"https:\/\/www.oilnewskenya.com\/index.php\/eac-secretary-general-meets-tullow-oil-bg-executives-kigali\/","url_meta":{"origin":7229,"position":2},"title":"EAC Secretary General Meets Tullow Oil and BG Executives in Kigali","author":"","date":"March 9, 2015","format":false,"excerpt":"The Secretary General of the East African Community Amb. Dr. Richard Sezibera last week met the Vice President of the TULLOW-East and Southern Africa , Mr Gary Thompson on the sidelines of the 7th\u00a0 East African Petroleum Conference & Exhibition (EAPCE) that took place at Serena Hotel, Kigali, Rwanda. The\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/03\/east-africa-oil-gas.jpg?fit=620%2C310&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/03\/east-africa-oil-gas.jpg?fit=620%2C310&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/03\/east-africa-oil-gas.jpg?fit=620%2C310&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":5128,"url":"https:\/\/www.oilnewskenya.com\/index.php\/east-africa-nations-race-to-become-regions-first-oil-exporter\/","url_meta":{"origin":7229,"position":3},"title":"East Africa nations race to become region\u2019s first oil exporter","author":"","date":"September 6, 2016","format":false,"excerpt":"Significant onshore oil discoveries in Uganda and Kenya and offshore gas discoveries in Tanzania and Mozambique have made East Africa a subject of intense interest among the global energy industry.\u00a0 The speed at which governments in East Africa are developing hydrocarbon reserves is a clear indication of their will to\u2026","rel":"","context":"In "Events"","block_context":{"text":"Events","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/events\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/land-drill-rig.jpg?fit=1200%2C798&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/land-drill-rig.jpg?fit=1200%2C798&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/land-drill-rig.jpg?fit=1200%2C798&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/land-drill-rig.jpg?fit=1200%2C798&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/land-drill-rig.jpg?fit=1200%2C798&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":224,"url":"https:\/\/www.oilnewskenya.com\/index.php\/oil-gas-opportunities-in-kenya\/","url_meta":{"origin":7229,"position":4},"title":"Oil & Gas Exploration Opportunities in Kenya","author":"Samuel Kamau Mbote","date":"December 10, 2013","format":false,"excerpt":"Kenya\u2019s Petroleum potential is best depicted by the four large sized sedimentary basins that straddle the Country (sedimentary basins & exploration blocks map). These are Lamu, Anza, Mandera, and Tertiary Rift basins. 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