Amidst a recent surge of exploratory drilling in Africa, Africa Oil Week (https://Africa-OilWeek.com) is organizing once again a Prospects Forum to offer a platform that will showcase some of the most attractive farm-in and exploration opportunities on the continent. The Prospects Forum will be moderated and animated by African investment and commodities research agency Hawilti (www.Hawilti.com).
By working together, Africa Oil Week and Hawilti have lined up a series of world-class assets across onshore, shallow water, and deep-water areas in Nigeria, Cameroon, Morocco, Namibia, and the Comoros. The Prospects Forum will once again support deal-making for African and global operators and help unlock additional exploration and development potential on the continent.
This year’s edition takes place as Africa makes a huge comeback on the global exploration stage following world-class discoveries in Côte d'Ivoire and Namibia notably. Recent exploration in these frontier markets has demonstrated once again that betting on African exploration is a game worth the risk.
“Despite a few deceptions, 2022 remains an exceptional year for African exploration, especially in new hotspots like the Orange Basin and the Cabora Bassa Basin, but also in established jurisdictions,” said Mickael Vogel, Director & Head of Research at Hawilti, who will be moderating this year’s Prospects Forum.
Nigerian assets will feature prominently as Nigerian independents such as Asharami Energy, Oando Energy Resources, and Platform Petroleum pitch their opportunities within Africa’s largest brownfield market. Nigeria has completely overhauled its regulatory regime last year with the adoption of the Petroleum Industry Act (PIA), and market activity is currently picking up there.
Onshore assets will also be presented, especially in markets where exploration has recently delivered some strong successes. Genel Energy will notably be presenting a farm-in opportunity on its Lagzira Block in Morocco, while Monitor Exploration will share details on the potential of the Owambo Basin onshore Namibia.
This year’s Prospects Forum will be exclusively driven by independents, with Discover Exploration and Tower Resources also joining the list of presenters to promote attractive offshore assets in Cameroon and the Comoros.
By tapping into current industry momentum, the Forum will once again seek to forge new partnerships and attract top explorers and investors into African opportunities.
Bookings
To learn more about how you can get involved, whether to exhibit, sponsor, or attend as a delegate, click here (https://Africa-OilWeek.com).
Distributed by APO Group on behalf of Africa Oil Week.
Media Contacts:
Melita Manser
Group Account Director, AOW at Ogilvy PR South Africa
Mobile: +27 76 449 1271
E-mail: Melita.Manser@ogilvy.co.za
Paul Sinclair
Vice President of Energy & Director of Government Relations, Africa Oil Week and Green Energy Summit Africa
Mobile: +44 7825 311791
E-mail: paul.sinclair@hyve.group
About Africa Oil Week and the Green Energy Africa Summit:
The Africa Oil Week offers four days of pioneering insights, from ministerial panels to strategic outlooks designed to drive investment into the African upstream for the continent’s benefit. At the heart of the event are some of the most compelling insights into the upstream strategies of governments across the continent.
These extensive and varied networking opportunities have resulted in an unprecedented return of delegates year after year.
AOW is globally renowned for bringing the most senior delegates together each year. In 2021, AOW welcomed 30+ Ministers and Government Leaders, 2 000+ C-level delegates, representatives, and hundreds of SVPs and VPs of Africa, Exploration and New Ventures – making the event the most influential energy conference in Africa.
While Africa Oil Week will retain its identity as a pure-play Hydrocarbons event to advocate upstream development, the Green Energy Africa Summit will also play its role in driving enabling environments to ensure foreign direct investment is deployed into game-changing projects that will reduce the energy deficit and provide energy access across the continent.
