Cape Town was alight with energy this week, not just from the stunning South African sun, but from the groundbreaking discussions and partnerships forming at the African Energy Week (AEW) 2023. For us at Centurion Plus, participating in such a momentous event underscored our commitment to fostering a prosperous energy landscape in Africa.
The AEW, an initiative pioneered by the African Energy Chamber, serves as a nexus for stakeholders across the continent. The goal? To stimulate investments and collaborations across the vast African energy sector. As one of the key participants, Centurion Plus was at the heart of some of the most dynamic sessions this year.
One of the standout sessions was the inaugural African Farmout Forum, a collaboration between financial stalwarts Moyes & Co, global acquisition consultants Envoi, and the prolific oil and gas listing platform, FarmoutAngel. The Forum was an outstanding opportunity for investors, policymakers, and industry experts to dive deep into the future of Exploration & Production (E&P) in Africa.
Mike Lakin, Envoi’s Managing Director, eloquently highlighted the imperative of drilling, setting the stage for presentations that showcased a multitude of exploration opportunities:
- PetroQuest (Somalia) unveiled offshore investment opportunities, backed by a fresh Production Sharing Agreement.
- Tower Resources made waves with its offerings in both Cameroon and Namibia, laying out prospects and future drilling projects.
- ProdOil’s (Benin) exploration of onshore Angola piqued interest, especially with its commitment to reprocessing seismic data.
- Atlas Oranto Petroleum International showcased a diverse portfolio with lucrative opportunities in Senegal, Equatorial Guinea, and Namibia.
- Firms such as DAJO Group, Kariya Energy, Tetracore Group, and Coastline Exploration presented investment pathways ranging from field development to seismic surveys in nations like Nigeria and Somalia.
- ReconAfrica’s vast acreage in Namibia and Botswana showcased a promising future for E&P in Southern Africa.
- CoMiCo shed light on the untapped potential of the Democratic Republic of the Congo, while Africa Fortesa Corp emphasized the value of direct oil and gas delivery in Senegal.
- And not to be missed, Biogas Unite made a compelling case for sustainable energy solutions in Africa, seeking significant investment for its ambitious biogas project.
Moreover, our team at Centurion Plus found the insights into the DRC’s ongoing licensing rounds exceptionally valuable. These rounds offer a glimpse into the future areas of development, solidifying the African continent as a hub for energy investments.
It wasn’t just about presentations and discussions. The African Farmout Forum proved to be a melting pot of opportunities, offering attendees the platform to establish new partnerships, thereby ushering in a new era of energy exploration and production across the continent.
As #AEW2023 progresses in Cape Town, it’s not just about the here and now. It’s a clarion call to make energy poverty history by 2030. As part of this grand vision, Centurion Plus is proud to play its role in shaping Africa’s energy future.
For more comprehensive coverage and live updates from the event, visit www.aecweek.com and stay connected with Centurion Plus as we bring you the latest from the forefront of Africa’s energy transformation.
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