Challenges: meeting of Francophone and Anglophone Ministers from 18 OPPA member countries and companies and organizations that play a key role in the oil and gas sector.
The Organization of African Petroleum Producers (OPPA) and its member countries call for unity, cooperation and reform among oil producers in the run-up to the CAPE VII Congress and Exhibition, which will take place from 1 to 5 April in Malabo, Equatorial Guinea.
OPPA invites all interested companies and organizations to participate in this important meeting of government and private decision-makers in the oil and gas sector in Africa in 2019, which will involve ministers from all African oil-producing nations. Registrations for the event are now open.
“We invite the global oil and gas industry to participate in this historic conference. CAPE VII is akin to the African Hydrocarbons Olympics, it’s a global rallying point, “said Mahaman Laouan Gaya, secretary general of OPPA. “Africa needs unity and synergies in all sectors of its economy to drive growth. When we are united, it is easier to collaborate. ”
Against the backdrop of Africa’s increased involvement in energy institutions, increasing investments in upstream projects, a favorable oil price environment and a recent restructuring of the OPPA, the conference highlights regional cooperation and encourages alliances within the African energy landscape. OPPA’s CAPE VII theme is “Towards Shared Prosperity in the African Oil Industry” and is under the aegis of Equatorial Guinea President S. Teodoro Obiang Nguema Mbasogo.
The event also shines light on flagship energy projects and initiatives on the continent, such as Equatorial Guinea’s Gas Megahub, which will connect national and cross-border gas projects; the LNG2Africa of Equatorial Guinea, promoting the gas trade within the continent; the cooperation of Sudan and South Sudan on restarting oil production; series of licensing in Nigeria, Gabon and the Democratic Republic of Congo; as well as flagship economic and investment reforms in Angola.
The OPPA is currently undergoing major reforms aimed at giving Africa a united front on the global energy scene. The organization seeks to increase regional cooperation in upstream projects, infrastructure, refineries and other leading projects. It also aims to attract more members, while African countries make significant discoveries in oil and gas, while increasing their reserves.
“Legislative and policy reforms are required on a case-by-case basis. Countries such as Ghana, Senegal and Mozambique have some of the most competitive and competitive market conditions in the world. What is more, Africa has proved to be the land of colossal discoveries, presenting treasures of unexploited and undiscovered potentialities, “said HE Gaya.
OPPA’s CAPE VII is part of the Equatorial Guinea Year of Energy, a series of events to promote Africa’s energy potential and positioning Malabo as a continental center for energy. ‘energy. “Equatorial Guinea has a prestigious history as a host country for continental events, and this OPPA meeting promises to be a resounding event,” said HE Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, which hosts the conference.
Among the speakers in OPPA VII CAPE are the oil ministers of South Africa, Algeria, Angola, Benin, Ivory Coast, Gabon, Ghana, Equatorial Guinea, Mauritania, Niger, Nigeria, the Democratic Republic of Congo, the Republic of Congo, Sudan, South Sudan and Chad.