After a successful participation in Africa Energy Week (AEW) 2021 (https://AECWweek.com/), Canadian exploration and production company Kariya Energy will return as a bronze sponsor of this year’s edition of Africa’s Energy Week. the premier event for the oil and gas sector, which will take place on October 18-21 in Cape Town. For its part, Kariya Energy has made significant progress in developing its operations in Africa’s oil and gas sector, tackling rising energy poverty by developing key assets. During AEW 2022, Kariya Energy will lead discussions on this topic, making the case for oil and gas investment and development in 2022 and beyond.
While oil and gas exploration and production in Africa continues to decline due to underinvestment in production, Kariya Energy’s commitment to take over marginal fields and residual reserves from international oil companies as they diversify their portfolios is a step in the right direction to optimize development. exploitation and monetization of Africa’s oil and gas resources to drive socio-economic growth. Kariya Energy’s strategy to expand its presence in Africa by launching operations and acquiring assets in Angola, Cameroon, Republic of Congo, Gabon, Ghana, Mozambique, Nigeria and South Africa provides a great opportunity for Africa to expand its mining market.
Additionally, with demand for low-emission natural gas growing both continentally and internationally – as regions such as Europe look to improve energy links with Africa by diversifying gas supplies from Russia – Kariya Energy’s ability to accelerate the development of liquefied natural gas (LNG) for both domestic use and export provides Africa with an opportunity to expand its gas market. In this regard, Kariya Energy represents a smart solution for Africa to use LNG to accelerate progress in electrification, drive industrial growth while reducing carbon emissions and position itself as a global energy hub.
As a Bronze Sponsor, Kariya Energy will participate in high-level and critical-level discussions, networking forums and meetings, shaping the debate around the energy transition and related challenges and opportunities for African oil and gas. Africa aims to maximize the continent’s 125.3 billion barrels of crude oil and 620 trillion cubic feet of gas to provide 600 million people living in energy poverty with access to reliable and affordable energy, operations and technologies provided by such companies , as Kariya Energy is vital.
“As the energy transition and digital transformation of energy operations take center stage, companies like Kariya Energy, with their innovative digital technologies, offer Africa the opportunity to accelerate and modernize oil and gas operations, thereby enabling rapid asset development that will help make energy poverty history by 2030 year. The Chamber is honored to have Kariya Energy join this year’s AEW as a Bronze Sponsor. During AEW 2022, the dialogue on the role of technology in the development of Africa’s hydrocarbon sector will be a hot topic, involving both continental and international energy stakeholders,” says N.J. Ayuk, Executive Chairman of the African Energy Chamber (AEC).
Under the theme “Exploring and investing in Africa’s energy future while creating an enabling environment”, AEW 2022 will host Kariya Energy in various forums and panel discussions where the company will discuss the challenges facing the continent’s exploration and the hydrocarbon sector as a whole, while presenting solutions to enhance market.
Distributed by APO Group on behalf of Africa Energy Week (AEW).
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AEW 2022 is the AEC’s annual conference, exhibition and networking event. AEW 2022 brings together African energy stakeholders with investors and international partners to drive the growth and development of the industry and promote Africa as a destination for energy investment. Key organizations such as the African Organization of Petroleum Producers, as well as African heavyweights including Equatorial Guinea and Nigeria, are partnering with AEW, reinforcing the role the event will play in Africa’s energy future.
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