(Quick News Africa)– Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Kesiye Wabote, and four other personalities have been named as top level speakers at the 2017 Africa Oil Week that will hold from October 23 to 27 in Cape Town, South Africa.
They will shed light on new opportunities as frontier and emerging markets and elaborate on the increased attractiveness achieved through strengthened fiscal and regulatory stability. The Africa Oil Week is now in its 24th year.
ITE, the event manager, in a statement circulated by Africa Press Organization (APO), announced other speakers at the event to include Jean-Marc Thystere-Tchicaya, minister of hydrocarbons for Congo Brazzaville and Thierry Tanoh, minister of petroleum, energy and development of renewable energies in Côte d’Ivoire.
Gabriel Mbaga Obiang Lima, minister of mines, industry and energy in the Republic of Equatorial Guinea and Jerreh Barrow, Gambia’s commissioner of petroleum, ministry of petroleum and energy will also deliver keynote speeches.
The Africa Oil Week is the world’s longest running oil and gas conference on the African continent, managed by ITE, a company reputed with creating forums that enable policy makers, technical experts, and senior business executives to directly communicate and gain valuable insights, while uniting buyers and “specifiers” with global suppliers of all sizes.
The upcoming event in Cape Town is expected to draw together over 1,250 senior stakeholders from the global upstream ecosystem for five days of content, thought leadership, networking and deal making.
African speakers at the event are strategically chosen considering the oil and gas potentials or development ambitions in their respective countries.
For instance, Côte d’Ivoire plans to double its oil and gas output by 2020 and is seeking to develop offshore reserves in the oil-rich Gulf of Guinea, while the Republic of Congo aims to increase daily production to 300,000 barrels from the current 250,000 barrels over the next two years.
Also, Equatorial Guinea, which is the third-largest oil producer in sub-Saharan Africa, has oil reserves estimated at more than 1.1 billion barrels of crude.
The Gambia, whose eight blocks, six offshore and two onshore, of which most are unallocated, will present its legal framework that gives it the right to award contracts via tender and direct talks, especially now that it has witnessed a change of government.
On his part, Nigeria’s Simbi Wabote will clarify his organization’s capacity-building objectives and how IOCs can leverage the Nigerian Content experiences of others when planning projects.
Delegates will also glean invaluable industry insights and operating experience from leaders of top international operators on the continent, including France’s Guy Maurice, senior vice president, E&P Africa, Total E&P and Luca Bertelli, chief exploration officer, Eni Spa, Italy.
Others are Jasper Peijs, vice president exploration, Africa, BP plc; Frank Pluta managing director, global co-head of oil and gas corporate finance, Standard Chartered Bank; and Mike Adams, head of exploration, Gene Energy.
Each of them will bring their expertise and perspectives to the subjects of frontier exploration: challenges, opportunities and risks.
They will also discuss issues relating to deepwater exploration, the future of upstream, E&P trends, gas resources and gas-to-power development, and technology in the industry, among many more topics.
