In the post-pandemic era, the rising oil prices, the discoveries of significant offshore oil and gas fields in West Africa, and aims of accelerating monetization of regional hydrocarbon by 2050 have driven demand for active offshore upstream exploration in West Africa. And global players are rapidly regaining their strength and seizing for hot markets.
From end of 2022 and beginning of 2023, Nigeria and Sierra Leone held new round of offshore bidding separately,Ghana is planning for new deep offshore bidding now. During 2019 to 2022, the West African countries such as Angola, Côte d’Ivoire, Senegal, Equatorial Guinea, Congo, Liberia, Gambia, either launched bidding round or opened for direct negotiation for untapped blocks. Many of the IOCs acquired new blocks, while some players withdrawals have unlocked some fields’ opportunities.
Meanwhile, projects in several West African countries are heading for FID in 2023, and others are under steady development. As a result, offshore upstream market in West Africa represents a huge opportunity and are demonstrating new vitality in the post-pandemic age.
What is status of different projects in West Africa countries? What challenges and concerns of the government, NOCs and IOCs are facing now and how could involve in the projects to provide solutions? The West Africa Offshore Upstream Conference 2023 is committed to gathering the most related players for the hottest topics and projects, and to building a comprehensive platform for information sharing, highly-level communication, and best practices showcasing.
With the theme of “Driving Exploration of Offshore Hydrocarbons for Regional Development and Focusing on Sustainable Economic Development in Future”, the 2-day summit will gather more than 350 attendees from the government, regulators, national oil companies, international oil companies and investors, related association, seismic contractors, drilling contractors, EPCI contractors, subsea contractors and many leading services and equipment vendors. The conference will discuss the highlights on “Overall Situation West African Offshore Exploration Strategy and Bidding Round”, “Well-managed Financing and Regulatory Practices to Support Investment for Exploration Project Landing”, “Local Content Development for the Future Industrial Chain”, “Active Projects Update – Opportunities in West Africa Offshore Upstream Market”, “The Innovative Technology to Achieve Offshore Exploration and Construction with Reduced Cost and Improved Efficiency” and highly level Panel Discussions to discover the road for the rapid and healthy development of West African offshore upstream industry.
We sincerely look forward to meeting you in Abuja, Nigeria!
Organizing Committee of West Africa Offshore Upstream Conference 2023
The ONLY offshore oil and gas event in West Africa focusing on UPSTREAM status
● Offshore resources exploration is very important to driving West Africa offshore hydrocarbon industry development now, and it is also included in the important policies of the region.
Covered 10+ countries of West Africa
● Nigeria, Angola, Ghana, Namibia, Côte d’Ivoire, Mauritania, Senegal, Gabon, Equatorial Guinea, Cameroon, Congo, Gambia, Sierra Leone, Liberia, Benin.
Gain first-hand information of ongoing and upcoming bidding rounds in West Africa
● Since the end of 2019 and beginning of 2023, many of West African countries either had bidding rounds or direct negotiations with investors. Opportunities are keep open now for many blocks.
Spotlighting on ACTIVE offshore projects
● The projects that are heading for FID, in development, or new award that planning for drilling.
Expand your connections with local players
● Including authorities, NOCs, IOCs, investors, EPIC Contractors, drilling contractors, oilfield service providers, FPSO owners, OSV owners, leading equipment vendors, professional service providers, etc.
LTS Innovate gathers professional and passionate talents to comprehensively investigate the underlying logic and hot trends of the industry and provide valuable first-hand information for senior professionals in Fortune 500 enterprises. We are aiming to create an experience sharing platform for experts, governments, associations, leading and unicorn companies in the global industry chain with outstanding ideas and technologies, and promote scientific and technological academic exchanges and business development worldwide.