At IAE 2024, upstream investors will access exclusive information and dedicated presentations from Africa’s energy ministries on current and planned licensing rounds, from Nigeria’s 12-block offshore round, to additional acreage on offer in Sierra Leone, to a highly-anticipated oil and gas bid round in Libya - representing the country’s first in two decades.

An exclusive “Invest in Gabon” session will spotlight the country’s latest exploration and redevelopment campaigns – including ongoing drilling activities from Perenco, VAALCO Energy, TotalEnergies and CNOOC – while an “Invest in Congo” session will showcase the country’s gas expansion plans and opportunities to supply and service the transformative Congo LNG development - set to deliver first cargo imminently.

Mature producers like Equatorial Guinea are pivoting toward near-field, infrastructure-led exploration – with Trident Energy, Kosmos Energy and VAALCO Energy drilling multiple wells this year to exploit additional resources and Atlas Petroleum seeking farm-in partners in Blocks EG-02 and H.

Meanwhile, Africa is seeing a flurry of exploration drilling in its frontier basins, yielding three discoveries in 2024 alone: two offshore oil finds by Galp in Namibia’s prolific Orange Basin and Eni’s Calao discovery offshore Ivory Coast. Integrated gas projects are being launched in emerging gas markets like Mozambique (TotalEnergies’ Mozambique LNG, ExxonMobil’s Rovuma LNG), South Africa (TNPA’s Richards Bay LNG Terminal) and Senegal (bp’s GTA LNG, Kosmos Energy’s Yakaar-Teranga), with associated opportunities in gas processing, transport, storage and gas-to-power.

Across the region, a series of acquisitions and license awards has seen the entry of new independent and indigenous oil companies, including Afentra and Somoil in Angola and Africa Oil Corp. and Panoro Energy in Equatorial Guinea. A renewed focus on marginal fields in markets like Angola, Republic of the Congo, Gabon and Libya means fresh opportunities for smaller E&P players and a diversified exploration landscape. 

Finally, IAE 2024 has assembled one-to-one opportunities for service providers to directly engage with Africa’s national oil companies and leading energy authorities. Halliburton, SLB, Baker Hughes and Siemens Energy are all making plays to win key contracts, capitalizing on the surge of upstream spending from major operators.

The upcoming IAE forum serves as the premier showcase for Africa’s latest exploration, gas monetization, refining and infrastructure projects, presenting extensive opportunities to network, sign deals and advance the sector. Register today and participate in what is set to be the most dynamic industry event outside of the African continent.

See you in Paris.

   AFRICAN ENERGY WEEK 2024  

Invest in African Energy