06.09.2022 Views

The Energy Republic September Edition

This magazine is a Special Edition focused on the global energy transition agenda. We also did a spotlight on some countries and energy companies decarbonization strategy which will serve as a statistics to measure the ongoing progress and investment opportunities in energy transition. This particular’ edition, we featured Ukraine’s oil and gas potentials coupled with the just concluded Offshore Northern Seas (ONS) Conference 2022 held in Stavanger Norway, plus latest industry news in the Northsea and other regions as well.

This magazine is a Special Edition focused on the global energy transition agenda. We also
did a spotlight on some countries and energy companies decarbonization strategy which
will serve as a statistics to measure the ongoing progress and investment opportunities in
energy transition. This particular’ edition, we featured Ukraine’s oil and gas potentials
coupled with the just concluded Offshore Northern Seas (ONS) Conference 2022 held in
Stavanger Norway, plus latest industry news in the Northsea and other regions as well.

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SAIPEC SPECIAL REPORT

PETAN Expands African Local

Content Agenda For SAIPEC

2023

...announces new dates for SAIPEC 2023

By Ndubuisi Micheal Obineme

The Petroleum Technology Association of Nigeria (PETAN) has

taken bold steps in expanding the African local content agenda to

maximize cross-border collaboration in the upstream,

midstream, and downstream sectors.

The move is a part of efforts geared towards unlocking new

opportunities for the upcoming Sub-Saharan Africa Petroleum

Exhibition and Conference (SAIPEC) taking place on 14 - 16 February

2023 in Lagos.

The importance of local content in Africa has been a major talking point

at SAIPEC and PETAN. It is also of great interest to the Nigerian Content

Development and Monitoring Board (NCDMB), other government

representatives, as well as industry stakeholders from Nigeria, Uganda,

Kenya, Gambia, Namibia, Sierra Leone, Angola, Mozambique, Tanzania,

Somaliland, Gabon, Ghana and Mauritania as conversations centred on

achieving sustainable economic growth and development of the African

Continental Free Trade Area (AfCFTA) are ongoing.

SAIPEC, being hosted by PETAN, is a multilateral platform showcasing the

Sub-Saharan Africa oil and gas potentials and project opportunities. It

plays a key role in charting the pathway to developing the Continent’s

untapped energy, oil, and gas resources, representing more than 15

NOCs, governments, and regulators, with over 5,000 delegates drawn

from 41 countries, including government parastatals, exhibitors, and

speakers.

“Sub-Sahara Africa is said to be the last energy frontier and global hub,

noting that the key enabler is to create a collaborative ecosystem

between the local industry stakeholders within the Sub-region alongside

the Africa continental free trade Area (AfCFTA),” Mr. Nicolas Odinuwe,

PETAN Chairman, said during the 2022 SAIPEC.

“The value chain in the oil, gas and energy industry is such that if properly

harnessed, will transform the economy of the entire continent. The

challenge has been an enabling environment to create a private sectorled

industry.

About PETAN’s SAIPEC Opportunities:

Ø SAIPEC attracts NOCs, IOCs, EPC contractors,

service companies, technology providers and the

whole oil and gas value chain .

Ø Over 3500 attendees participated in total, from

36 countries, including 20 National Oil Companies

from Mozambique, Nigeria, Côte d'Ivoire, Senegal,

Uganda, Angola, Cameroon, Ghana, Liberia,

Equatorial Guinea and Gambia.Ø Indigenous

Capacity Development for Future Energy Demands.

Ø SAIPEC 2023 will offer direct access to the

primary stakeholders and key players across the

entire Sub-Saharan Africa supply and value chains.

Ø SAIPEC 2023 is projected to attract more than

200 exhibiting companies and 6,000 visiting

professionals from across Sub Saharan Africa,

Europe, Americas and Asia..

Ø SAIPEC provides your company with the

opportunity to place your marketing and branding

directly in front of 6,000+ industry professionals,

enabling you to secure new business, service your

existing clients and engage in industry dialogue

Mr. Nicolas Odinuwe, PETAN Chairman

Governments across Africa,

especially the Oil and gasproducing

sub-Saharan countries,

should provide necessary

incentives to attract privatesector

investments across the

entire value chain.

“This will trigger a massive economic revolution, human

capital development and deepen local content across Africa”.

The Africa Continental Free Trade Area is an exciting

opportunity in the Continent. AfCFTA, the largest global free

trade area, aims to be a model of cross-border cooperation in

an era of growing isolationism.

10

THE ENERGY REPUBLIC I SPECIAL EDITION

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