The MSGBC Oil, Gas & Power 2022 Conference will take place from September 1 to September 2 at the renowned CICAD venue in Dakar, with the theme “The Future of Natural Gas: Growth using strategic investment and policy making.” Energy Capital & Power (ECP), Africa’s top energy sector investment platform, will host the conference.
This must-attend event, which was inaugurated by H.E. Macky Sall, President of Senegal and Chairperson of the African Union will open up substantial potential for the MSGBC region. Here are five justifications for going to the conference in September in Dakar.
Discover MSGBC Oil, Gas, and Power Opportunities
Top West African sectoral actors and global industry experts provide strategic views in MSGBC 2022. The MSGBC 2022 represents the official venue to obtain first-hand information on growing trends, new projects, and regional developments, covering the whole energy sector and its value chain.
Updates and analysis on upcoming licensing rounds, such as The Gambia’s 7, Guinea-5, Bissau’s Senegal’s follow-up on a previous 12-block, and Guinea-completion Conakry’s of conditions for a 22-block round, will be given through dedicated forums.
A project highlight forum will also examine the most recent developments from multi-billion dollar mega-developments taking place throughout the region, such as the Woodside 500 million barrel deepwater Sangomar project, the BP $3.8 billion transnational Greater Tortue Ahmeyim project, and the Chariot $3.5 billion 10GW green hydrogen Project Nour in Mauritania. Delegates who attend MSGBC 2022 are in the center of these changes.
Message international investors
At a time when the basin’s expanding energy sector is igniting a renewed globalization wave and arousing international investment interest, MSGBC Oil, Gas & Power 2022 gives global market access.
The event will draw bankers from all over Africa, as well as from Europe, Asia, America, Australia, and the Middle East, as well as delegations from the majority of the big corporations now operating in the area.
The event, which is sponsored by H.E. Macky Sall, serves as the official venue for participants to network with international investors and solidly positions the nation and area for global market integration.
The timing and scope of the event are intended to include attendees in the activity at a time when significant projects are gaining traction around the area and European markets are in desperate need of an African gas supply.
Deals worth $2.5 billion were struck during ECP events last year, and MSGBC 2022 is already planned to be much bigger and better than the highly successful pilot event in 2021.
Connect with local and international stakeholders
With two days of jam-packed programming, over two dozen exhibitors showcasing ground-breaking developments, and a number of high-level delegates anticipated, including pundits, policymakers, foreign investors, international oil company executives, national oil company directors, and ministry heads, MSGBC 2022 offers networking on a never-before-seen level.
The event, which proudly hosts delegations from the regional, continental, and international market spaces, places regional cooperation at the forefront while representing the entire region from Mauritania to Guinea.
By providing delegates with the opportunity to interact with other stakeholders in 2022, MSGBC hopes to help Africa enter a new era of integration.
Create Partnerships
Delegates gain another important advantage in the form of policy knowledge and the potential for public-private partnerships (PPPs), thanks to increased stakeholder engagement.
Legislation is moving through the MSGBC basin at a record-breaking pace to address problems with gender equality, local content, and electrification.
Only last year did Senegal implement its most recent content reforms, and this year The Gambia updated its model Petroleum Exploration, Development, and Production License agreement with a focus on increasing local content and social benefit.
The future of investment will increasingly be driven by governments and public entities, and with every MSGBC energy ministry present, along with that of Sierra Leone, as well as representatives from these countries’ national oil companies and Gambian and Senegalese dignitaries, MSGBC presents an unmatched platform for creating solid PPPs.
Overview of New Technologies
Finally, MSGBC’s cutting-edge exhibition experience gives delegates insight into new technologies across the oil and gas value chain as climate change calls for the switch to cleaner sources of fuel.
Solutions for decarbonization, carbon capture and storage, and technology that will boost production while lowering emissions will all be on display.
Additionally, as COP27 draws near, MSGBC will not only include updates on the oil and gas industry but also put a significant emphasis on renewable energy sources and green hydrogen, giving delegates access to the most advanced low-carbon energy technologies as well as solution suppliers.
Despite the potential for renewable energy in Africa, just 2% of green energy investment goes there. Regional green energy players will have access to the most recent developments in smart low-carbon technologies through panel discussions and innovative exhibitions, as well as regional and global investors and technology providers, paving the way for new partnerships that will accelerate M&A.
Major developments include Mauritania’s signing of green hydrogen MoU’s worth $43.5 billion and the deployment of about 40 GW of solar and wind underway. To attend, go to https://MSGBCOilGasAndPower.com.