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Equatorial Guinea’s ‘Year of Energy’ becomes call to action for Africa’s oil industry

Published by , Digital Editorial Assistant
Oilfield Technology,

Equatorial Guinea’s Ministry of Mines and Hydrocarbons is continuing to roll out its ‘Year of Energy’ initiative, as H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons, calls for a stronger African energy dialogue.

Lima participated in the Angola Oil & Gas Conference 2019 in Luanda this week. Speaking in front of over 1000 African and international industry stakeholders, he reiterated his call to action to African national oil companies and governments.

“Our national oil companies are sleeping and should be engaging with each other constantly to explore joint-venture opportunities and projects across Africa,” he said. “We need to bring African NOCs and services companies together, and Equatorial Guinea will rely on the stage and platform created by the Year of Energy to foster that dialogue.”

In order to strengthen cooperation amongst African companies, encourage the development of a strong African continent, and promote joint-venture opportunities, Malabo will be hosting the Oil & Gas Meeting Day for services companies on 1-2 October 2019.

The summit is part of the Year of Energy and will focus on exploring opportunities and deals amongst services companies.

“We invite all national oil companies and public and private services companies to come to Malabo in October for the Oil & Gas Meeting Day. This will be a key platform for dialogue and deals as African companies realise the need to work together” added Lima.

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