Africa, currently, supplies about 12 per cent of the global oil and boasts significant untapped reserves estimated at 8 per cent of the world’s proven reserves.
Africa’s rich oil fields and the prospects for more discoveries have transformed the continent into an important player and a key “target” in global oil production and resource extraction.
Achieving a sustainable development that is based on natural resource wealth include using these resources to promote the diversification of economies, increased value addition, and beneficial integration into global value chains.
This highlights the need for a development strategy more closely oriented to societal concerns and rooted in broadening the economic base on the continent of Africa.
In recognition of these intrinsic prospects in the sub – region, the second edition of the Sub-Sahara Africa Upstream Oil & Gas Summit & Exhibition has been scheduled to hold from 6th to 8th April 2016 with the theme “Preparing for the challenges of changing times” at Holiday Inn, Airport City Centre, Accra, Ghana. The summit is organized by Zenith Professional Training (ZPT), a firm with several years’ experience building oil and gas capacity through industry specialized training.
The Sub-Sahara Africa Upstream Oil and Gas Summit & Exhibition is Africa’s unique platform for exchange of ideas and exploration of mutually beneficial opportunities by oil and gas community in Africa. This year’s edition will focus on how the industry develops robust systems and processes that could enable it cope with changing challenges. Other issues to be discussed range from cross-border matters, particularly for stakeholder licenses, financial instruments for marginal fields, local content drive, security and safety in extractive industries and sustainable management of resources.
Issues peculiar to the Sub-Sahara Africa will be in focus. This summit will bring to fore those little things we all gloss over in Sub-Sahara oil and gas community. We all often focus on the big agenda and in the process lose sight of the known but unacknowledged potential before us.
The summit and exhibition will attract many key industry players across the globe, ranging from Top Executives of Multinational Oil and Gas Companies, Indigenous Operators and Investors, Oil and Gas Professionals in all Fields, Service Contractors, Sub-Sea Technologies’ Manufacturers, Bankers, / Investment Advisors to International Oil and Gas Consultants.