Digital Dialogue

Investment Focus – What Next for African Oil & Gas?

27 October 2020

The Digital Energy Festival for Africa saw four leading energy brands join forces between 20 October – 26 November 2020 to provide African energy content and cultivate new connections, digitally. 

The first of eight Oil & Gas Council sessions kicked off on October 27 where industry-leading speakers, who have a total of over 100 years of industry and sector experience, joined forces to discuss and provide insights on an investment focused dialogue around what’s next for African Oil and Gas.

Investment Focus – What Next for African Oil & Gas? Discussion Highlights

With several majors recently announcing cut backs on oil & gas projects and small caps finding it increasingly difficult to secure financing during the downturn, what will access to capital look like in Africa in a post Covid-19 world?

Watch the video to hear investors, independents and financiers discuss:

  • What fundamental shifts will we see in the small cap market as a result of this extreme downturn?
  • As European sources of funding shy away from oil & gas projects, what will access to capital look like for African E&P?
  • Do large integrated companies still have the appetite for small cap projects?
  • How can oil & gas companies develop their business when equity markets are closed?
  • What role can the public markets play in supporting the industry?
  • With Africa still requiring important investment into infrastructure and the downstream sector, will these projects take precedent over exploration? 

Expert Speakers

  • Tabrez Khan Director – EMEIA Oil & Gas Transactions, EY (Moderator)
  • Mark Allen – Subsurface Director, Assala Energy
  • Chinedu Mofunanya – Portfolio Manager, Nigeria Sovereign Investment Authority (NSIA)
  • Mohamed Rali Badissy – Senior Attorney for Energy and Finance, U.S. Department of Commerce
  • Jerome Halbout – Founding Partner, 4D Global Energy Advisors
  • Mohamed Stevens – Legal Consultant, African Legal Support Facility (hosted by the African Development Bank)

You might also be interested in

Webinar: The Global Exploration Opportunities at Your Fingertips

In the recent Energy Council Global Survey, 22% of respondents believed that West Africa held the biggest exploration opportunities for 2023 and beyond, closely followed by South America, Guyana and the East Med. With mounting uncertainty around the UK’s fiscal regime, are there more attractive opportunities to be found internationally? read more

WECA 2023: Advisory Board Key Takeaways

Close to 40 senior executives from across the energy industry joined the World Energy Capital Assembly’s annual advisory board to discuss the key challenges and opportunities facing the sector in 2023. Download the report here. read more

Is Gas the Answer to a Pragmatic, Smart and Secure Energy Transition?

Using gas as a bridge to transition is not a new concept but if the goal is to lower emissions whilst still providing affordable and reliable energy for all, one could argue that natural gas could, and should, be the bridge that can enable transition – cutting emissions in the short to medium term and solving the intermittency issue of renewables until the clean energy markets are more established. read more

Industry Next Steps – A View of the North Sea’s Future

The development of new oil and gas fields, and the continued exploitation of mature assets, had become a sticking point in the energy transition discussion. Yet such a discussion did not quite take into account the geopolitical interferences, energy demand and energy security needs that could arise unexpectedly - some may say foolishly. Fortunately, the energy sector has ramped up drilling activity to take advantage of the reprieve shown to North Sea operators. Herein, the Energy Council looks at the next steps of the industry players active in the region and where their futures may lie. read more