Be a part of Africa’s oil and gas adventure
The oil and gas sector is the engine behind the African growth story. Oil and gas minerals are being discovered like never before. Due to rising oil prices, investors are now flocking to Africa’s rich resource base. Prospects for investments look promising: from massive reservoirs and a large number of subsea wells in West Africa, to the emerging frontier of East-Africa – and optimistic developments in North Africa. 40% of all foreign direct investments being invested in Africa go into the oil and gas sector.The global commodity boom has created a race to invest in African oil and gas. The US expects that, within the decade, one fourth of their oil will come from Africa. China already receives 30% of their oil from the continent.The Norwegian oil & gas sector holds valuable competence in petroleum production and environmental safeguarding. With this expertise, they may represent a responsible partner for African development.For Norwegian companies the question is not why Africa – but how?This oil & gas session at the Norwegian African Business Summit 2012 will present the current opportunities on the continent, and hear experienced industry players’ share their insights.Confirmed speakers include:
- Norad director, Petter Nore (Session moderator)
- Uganda’s Minister of State for Privatisation and Investment, Hon. Aston P. Kajara
- Chairman, Subsea7, Kristian Siem
- Project Manager, Rystad Energy, Harris Utne
- Mr. Oheneba Akwasi Abayie, Ghana
- CEO Eastern African Association (EAA), John Small
- Managing Partner, Africa Access, Hans W. Meier-Ewert