Energy Africa 2018

Energy Africa:

Challenges and Precedents for the Energy Transition

8 - 11 October 2018, Luanda, Angola

 

Summary

Our proposal is to help kickstart the Angolan economy and the regional international economy. Given the importance that the oil and gas industry plays and the pivotal role it can play in the Energy Transition.

We think that key issues such as a competitive fiscal-economic regime,deepwater prospects,gas strategy and the onshore basins should become the basis for important energy  policies for the coming future.

Such policy initiatives can help increase economic development and also be a basis for further economic diversification.

We look forward to working with the Oil and Gas Community to implement this important project.

1. Some Key Issues

Perhaps the key question for the coming period is how the oil and gas industry can once again play a strategic role in moving Angola and the rest of the region forward. Some key issues:

Ensuring a competitive fiscal - economic regime

Given the global competition for project funding and to ensure that exploration on both onshore and offshore blocks are attractive, it is important  that the region has attractive  financial terms and conditions.

Deepwater Prospects

There is sufficient evidence that in terms of geology there is much good news: deepwater prospects are excellent, but more modeling work is required to better understand the pre-salt basins.

For the deepwater market there is a need for developing the offshore completion market; with the continued downturn the light intervention market will get more attention. There is a need for bringing in light intervention vessels.

Developing Gas Strategy

In the pre-salt basins there is evidence of natural gas, leading to suggestions that the natural gas will help establish an industrial corridor and be an incentive for setting up companies.

At present, given that natural gas is owned by the state, there is at present no incentive for companies to explore, produce and process the gas. The importance of a gas master plan, legislation and an industrial strategy will be addressed in 2017.

Developing the onshore blocks

It has now been 3 years ago that the The Road Show regarding the Kwanza & Congo Basins was initiated. Many Angolan and international companies showed their interest and were prequalified. Now in 2017 the economic environment has drastically changed.

Negotiations have stalled. Companies are having difficulty in finding financing to move potential projects ahead. What to do?

We are proposing to start a new dialogue: based on the new reality, lower oil prices probably for a prolonged period of time. Flexible contractual terms and conditions. Flexible work packages. Incentives to encourage new alliances.

Energy Company of the 21st century

Unlocking the value of Angola’s Pre-salt is to understand that the natural gas is a legitimate and important fuel within the ongoing Energy Transition. The Gas Sector must be given a new legitimacy within the emerging energy profile. In short the  gas sector must be given an economic motivation to become an important component of this green coalition.

 

2. Our Approach

We believe the Summit should have the following characterics:

  • International in scope involving the oil and gas industry from the region
  • Symbolic should be technology and knowledge transfer, clearly reaching out to young Africans so that they can become acquainted with the sector
  • Encouraging local knowledge initiatives
  • Playing a key role in the Energy Transition

EnergyWise would like to emphasize the following aspects:

  • We will put together an International Steering Committee (ISC) which will be responsible for the scope and management of the Summit
  • EnergyWise will on behalf of the ISC manage and implement the Summit
  • We will work with the following organizations to ensure that the Summit is international and diverse in scope:African Petroleum Producers Association (APPA)
      • OPEC Organization of the Petroleum Exporting Countries (OPEC)
      • International Gas Union (IGU)
      • Nigerian Association of Petroleum Explorationists (NAPE)
      • American Association of Petroleum Geologists (AAPG)
      • SPE
      • Society of Professional Well Log Analysts (SPWLA)
      • African Petroleum Producers Association (APPA)

 

3. Deadlines

24- 28 April                 Call for Abstracts

20 - 24 May                 Selection and Review Papers/Posters

15 - 19 June                Finalization of the Programme/Selection Papers

12 - 16 July                 Review and Monitoring

10 - 15 September       Final Review

1 - 5 October               Pre-Conference Review

8 - 11 October               Summit

 

4. The design of the conference

  

Monday 8 October      

13:30 – 14:00     Official Opening (Exhibition)

14:00 – 17:00     Management Session

17:30 – 19:00     Ice-Breaker

 

Tuesday 9 October              

09:00 – 12:00     2 Parallel Sessions

09:00 – 12:00     Poster Session

12:00 – 14:00     Lunch         

14:00 – 17:00     2 Parallel Sessions         

14:00 – 17:00     Poster Session

18:30 – 20:00     Reception

 

Wednesday 10 October      

09:00 – 12:00     2 Parallel Sessions         

09:00 – 12:00     Poster Session

12:00 – 14:00     Lunch         

14:00 – 17:00     2 Parallel Sessions         

14:00 – 17:00     Poster Session

 

Thursday 11 October 

09:00 – 12:00     2 Parallel Sessions (SPE)                           

09:00 – 12:00     Poster Session                                 

12:00 – 14:00     Lunch                                     

14:00 – 17:00     2 Parallel Sessions                                     

14:00 – 17:00     Poster Session                        

17:00                 Conference Conclusion