- The conference is the premier platform for engagement, dialogue and deals and will facilitate new investment into the Angolan and Senegalese energy sectors.
- Angola has enjoyed a long history of successful oil projects covering the entire value chain.
Senegal’s Minister of Petroleum and Energies, H.E. Aissatou Sophie Gladima, will join a strong slate of regional energy ministers at the Angola Oil & Gas (AOG) conference and exhibition – returning for its fourth edition from September 13-14 in Luanda. H.E. Minister Gladima is expected to deliver a keynote speech and, through her participation in various panels, will drive discussions around strategies for monetizing offshore gas and regional collaboration’s role in Africa’s energy future.
H.E. Minister Gladima’s participation at this important event could not come at a better time. On the oil front, Senegal is on the precipice of achieving a significant milestone, with the first oil production anticipated at the 100,000 barrel-per-day Sangomar development late this year. Led by Woodside Energy in collaboration with Senegalese National Oil Company Petrosen, the total recoverable oil reserves are measured at 500 million barrels, and the project is set to improve energy security for the high-demand market significantly. Sangomar will position Senegal as an African oil producer.
Various other projects are also in the pipeline, including the 15 trillion cubic feet Yakaar-Teranga development (in its feasibility stage), while untapped offshore acreage offers lucrative opportunities for explorers. As the country’s energy market grows, Senegal stands to learn a great deal from Angola – a major oil and gas producer itself. Angola has enjoyed a long history of successful oil projects covering the entire value chain.
The country also has a strong slate of new projects currently in the pipeline, including three new refinery developments, a series of upstream drilling campaigns and various pipeline projects. In 2023, Angola is the biggest oil producer in Africa. Similarly, Angola pioneered African LNG on the gas front through its 5.2 mtpa Angola LNG project. Just last month, the project celebrated its 400th cargo shipment, coinciding with the 10th anniversary of its first delivery. As Senegal progresses towards the first LNG shipment, insight gained from Angola will be instrumental in ensuring the West African country maximizes the benefits of the first gas.
Stephanie Benjamin, International Conference Director at Energy Capital & Power (ECP) said “We are proud to announce the participation of H.E. Minister Gladima at this year’s AOG event. We have been excitedly watching Senegal progress towards its first oil and gas and consider this year pivotal in the country’s journey towards a secure energy future. As an oil and gas heavyweight, Angola offers valuable expertise, and we look forward to the discussions led by both H.E. Minister Gladima and Angola’s Minister of Mineral Resources, Petroleum and Gas, H.E. Diamantino Azevedo.”
All these projects and more will be further unpacked during this year’s AOG conference, with the respective petroleum ministers of Angola and Senegal leading discussions around African oil and gas. The conference is the premier platform for engagement, dialogue and deals and will facilitate new investment into the Angolan and Senegalese energy sectors.
Source: Energy Capital & Power