Energy Resources & Power (ECP) (https://EnergyCapitalPower.com), coordinators of West Africa’s premier power event, the MSGBC Oil, Gas & Power Conference & Exhibit (https://bit.ly/3ZsjTmc), is pleased to introduce the 3rd version of the occasion will certainly happen in Mauritania on 21-22 November 2023 under the Patronage of H.E Mohamed Ould Cheik Ghazouani, Head Of State of the Republic of Mauritania in partnership with Ministry of Petroleum, Power as well as Mines, the Société Mauritanienne Des Hydrocarbures Et De Patrimoine Minier (SMHPM), Petrosen, Cos Petrogaz and also the African Energy Chamber (https://EnergyChamber.org).
Reported by H.E. Macky Sall, President of the Republic of Senegal, as well as H.E. Sophie Gladima, Priest of Oil as well as Energies of the Republic of Senegal (https://bit.ly/3k3WQy7), throughout the final day of MSGBC Oil, Gas & Power 2022 on 2 September, MSGBC 2023 will unite sector leaders, policymakers, financiers, federal government leaders, as well as regional stakeholders for two days of keynote speeches, discussions, panel discussions, events, and also networking sessions, while motivating financial investment and deal-making in every component of the MSGBC region’s power value chains.
Under the motif, “Scaling Energy Opportunities in Africa’s New Frontier,” MSGBC Oil, Gas & Power 2023 will display and also advertise gas advancement as well as its role in the international energy change, as well as placement in the area as an energy hub for gas, renewables as well as eco-friendly hydrogen.
For its component, 2023 promises to be a transformative year for the MSGBC area, with a variety of developments emerging across the whole energy value chain. Senegal, as an example, is set to kickstart manufacturing at the 100,000 barrel per day Sangomar oil job while the first production of the 2.5 million ton per annum (mtpa) Phase 1 of the Greater Tortue Ahmeyim (GTA) gas task is slated for 2024. Additionally, adhering to the launch of the nation’s initial significant licensing round in 2020, the country is planning a second, potentially larger round. On the green power front, investors are transforming their eyes to the country’s solar and wind potential, structured on the success of the nation’s site 158MW Taiba N’Diaye wind project.
At the same time, MSGBC 2023 host nation Mauritania, under a wider schedule of developing the country as a regional eco-friendly energy integrated center as well as enabling environment-friendly steel industry, is driving a solid slate of jobs spanning the hydrocarbon and also eco-friendly hydrogen landscape, with strategies to integrate the burgeoning power market with numerous other markets such as mining. Along with the GTA, developed in cooperation with Senegal, the country is hoping to build on just recently launched tasks such as the 10 mtpa BirAllah Liquefied Natural Gas advancement while twin GW-scale green hydrogen tasks assure new possibilities for clean power development.
Additionally, on an upstream drive, The Gambia is approaching its 2nd licensing round, with the bidding process for these blocks anticipated to see interest from worldwide firms complying with the announcement by FAR of a possible 1.5 billion barrels of oil uncovered in Gambian blocks A2 as well as A5 in 2022. While the country’s hydrocarbon market remains in its onset, chances across renewables are likewise expanding, with the nation flaunting over 50% share of renewables in its power mix.
Likewise, Guinea-Bissau is driving renewables growth having actually mobilized $700 million towards a 2030 energy transformation under its Sustainable Energy Investment Plan. To this impact, the country just recently opened up 5 blocks for bidding under a special deepwater round while emphasis placed on electrification has actually made a strong instance for international investment in renewables.
Finally, in Guinea-Conakry, possible growth across the mining, farming, and also fishery sectors has resulted in restored interest in the power field, with brand-new jobs regularly being introduced across the solar and also hydropower markets.
Entering this image, the two-day occasion will certainly display gas monetization approaches in the region as well as exactly how West Africa can utilize its natural deposits to advertise socio-economic development, global electrification, and also cross-border teamwork. A variety of technical as well as strategic sessions will focus on discussion topics consisting of youth empowerment, females in energy, local growth, gas as a transition energy, the current developments in expedition as well as new licensing round chances, as well as extra.
With the landmark GTA and Sangomar oil field as well as connected gas growths set to start production by 2023 and 2024, specifically, the MSGBC area is well-positioned to benefit from the basin’s tremendous energy sources to make it possible for the development of the member countries respective extractive markets as well as encourage neighborhood gamers to take advantage of an extra market share.
Driven by the requirement to satisfy a raising international demand for tactical minerals required for electric automobiles as well as the advancement of renewable energy, West Africa is seen as a prime destination for financiers to increase operations within the area, while a well-established mining market, as well as extractive industry, has actually served to incorporate the growth of regional content as well as draw in international direct financial investment.
The 2023 seminar program has actually been created to cover the full spectrum of the power worth chain, therefore guaranteeing a comprehensive as well as a diverse routine that advertises financial investment while driving conversations and motivating participation in the MSGBC area’s energy market. By getting involved at MSGBC Oil, Gas & Power 2023, stakeholders will certainly gain access to important understandings of current and also arising industries, while acquiring a much deeper understanding of the series of chances present across the regional energy landscape.
Last Updated: 11 January 2023
