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Republic of Congo to Host First-Ever International Energy Summit in Brazzaville

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  The Republic of the Congo and the President have championed the energy sector for years and we are honored to work with this country BRAZZAVILLE Congo Republic of January 18 2022 APO Group On June 15 16 and 17 The Congo International Energy Summit and Exhibition 2022 organized by Energy Capital amp Power EnergyCapitalPower com under the patronage of HE Denis Sassou Nguesso and the Ministry of Hydrocarbons will represent the first international conference on Energy event of this type held in Congo Brazzaville Sub Saharan Africa s third largest producer seeks to bolster its oil gas and energy industries through an influx of foreign direct investment and increased regional energy diplomacy As global investors turn to green energy investments the African continent is embarking on an ambitious drive to harness and monetize its vast natural gas reserves with gas rich countries like the Republic of Congo set to become a major regional gas player and exporter Energy Capital amp Power ECP is pleased to announce the launch of the first Congo International Energy Summit and Exhibition to take place in the Republic of Congo on June 15 16 and 17 2022 which will position the country as a key driver of the West and Central African energy narrative The summit will present investors with the post COVID 19 energy transition landscape of one of Africa s most mature markets while also opening broader discussions on the role of regional and international players in facilitating investment and maximizing the games of African gas The event will showcase partnership and investment opportunities in hydrocarbon exploration gas monetization green energy and downstream industries across the continent with a focus on the Republic of Congo as a key energy investment destination in the oil gas and and energy Representing the third largest oil producer in Africa with reserves estimated at 2 9 billion barrels and production of 336 000 barrels per day bpd the Republic of the Congo has the active participation of some of the major oil and gas companies of the world Notable operators in the country include TotalEnergies E amp P recognized as the largest producer in the country with an estimated production of 200 000 bpd With interests in four marine fields including Moho Bilondo Nkossa Nsoko Sendji and Yanga the company is a key contributor to the success of the country s hydrocarbons In addition the Italian multinational Eni has been active in the country since 1968 in the exploration and production refining marketing and chemical sectors The company produces in more than ten oil fields including Nen Marine and Litchendjili 140 000 bpd Ikalou Awa Paloukou M Boundi and Kouakouala to name a few For its part Perenco one of the newest operators to enter the market operates the Yombo Masseko Likoula Emeraude and PGNF Sur fields with an average production of 75 000 bpd Other international oil companies driving Congo s energy expansion include Chevron Overseas Congo Ltd with operating interests in the Lianzi Unification Zone and the Nkossa Nsoo and Moho Bilondo offshore fields which produce an average of 49 000 bpd The Congolese government has implemented several key reforms aimed at attracting upstream investment and cementing its status as the third largest oil producer in sub Saharan Africa The national oil company SNPC has been at the forefront in establishing new regulatory frameworks that mitigate organizational and performance deficiencies investing heavily in infrastructure projects that improve E amp P capabilities Leading upstream activities in the Kundji and Tilapia fields SNPC drilled five appraisal wells in 2021 with a view to increasing production by 30 000 bpd Meanwhile Italian multinational Eni will bring 12 new wells online in 2022 in Phase 2A of its Nen offshore field development increasing production by 26 000 bpd while also carrying out exploration activities involving the construction of an additional platform and the drilling of seven new wells The Republic of Congo and the President have championed the energy sector for years and we are honored to work with this country and all stakeholders to drive investment in Congo s energy sector said Kelly Ann Mealia President of ECP This push for investment and negotiation comes at a critical time in the development of the country s energy sector The event is the official platform to communicate the direction in which the country and its leading companies are headed in particular attracting investment to continue exploration and increase hydrocarbon production advance the monetization of national and regional gas and facilitate a energy transition across the continent Mealia concluded In addition to upstream exploration the African continent is embarking on an ambitious drive to monetize its vast natural gas resources meeting domestic gas to power supplies to meet Africa s electrification goals while meeting global demands for electricity decarbonization Harnessing natural gas from Africa and meeting the domestic gas to energy supply is important to support industrialization across the continent Last November the Republic of Congo launched its Integrated Natural Gas Master Plan GMP at the African Energy Week 2021 in Cape Town establishing a framework to incentivize and promote the exploitation and development of natural gas reserves 284 billion cubic feet of the country The Congo has the potential to become a major regional gas player and exporter gaining energy independence and security while exporting to gas starved regions like Europe Furthermore the EU s latest decision to label designated natural gas projects green marks a critical turning point for African gas development with gas rich countries such as the Republic of Congo better positioned to attract project financing while fostering an African Green Dialogue The Republic of Congo also serves as a leader in regional energy diplomacy having joined the Organization of the Petroleum Exporting Countries OPEC in 2018 and serving as the headquarters of the African Petroleum Producers Organization APPO Last September OPEC Secretary General Mohammad Barkindo applauded Congo s renewed efforts to promote its energy industry during an official visit to Congo Brazzaville and reaffirmed his support for HE Bruno Jean Richard Itoua Minister of Hydrocarbons as OPEC president by 2022 The OPEC delegation helped solidify the country s position among leading and established oil producing partners In the wake of volatility in oil prices OPEC led coordination and unity among oil producers has proven critical particularly for African producers who rely on crude oil exports for most of their production their GDP and their foreign exchange earnings For more information on speakers or sponsorship opportunities at the Congo International Energy Summit visit Cie summit com or contact register energycapitlapower com
Republic of Congo to Host First-Ever International Energy Summit in Brazzaville

The Republic of the Congo and the President have championed the energy sector for years and we are honored to work with this country.

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BRAZZAVILLE, Congo (Republic of), January 18, 2022/APO Group/ —

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Congo International Energy Summit and Exhibition

On June 15, 16 and 17, The Congo International Energy Summit and Exhibition 2022, organized by Energy Capital & Power (EnergyCapitalPower.com) under the patronage of HE Denis Sassou Nguesso and the Ministry of Hydrocarbons, will represent the first international conference on Energy. event of this type held in Congo-Brazzaville; Sub-Saharan Africa’s third-largest producer seeks to bolster its oil, gas and energy industries through an influx of foreign direct investment and increased regional energy diplomacy; As global investors turn to green energy investments, the African continent is embarking on an ambitious drive to harness and monetize its vast natural gas reserves, with gas-rich countries like the Republic of Congo set to become a major regional gas player and exporter. .

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Energy Capital

Energy Capital & Power (ECP) is pleased to announce the launch of the first Congo International Energy Summit and Exhibition to take place in the Republic of Congo on June 15, 16 and 17, 2022, which will position the country as a key driver of the West and Central African energy narrative. The summit will present investors with the post-COVID-19 energy transition landscape of one of Africa’s most mature markets, while also opening broader discussions on the role of regional and international players in facilitating investment and maximizing the games. of African gas.

Republic of Congo

The event will showcase partnership and investment opportunities in hydrocarbon exploration, gas monetization, green energy and downstream industries across the continent, with a focus on the Republic of Congo as a key energy investment destination in the oil, gas and and energy.

Republic of the Congo

Representing the third largest oil producer in Africa, with reserves estimated at 2.9 billion barrels and production of 336,000 barrels per day (bpd), the Republic of the Congo has the active participation of some of the major oil and gas companies of the world. Notable operators in the country include TotalEnergies E&P, recognized as the largest producer in the country with an estimated production of 200,000 bpd. With interests in four marine fields, including Moho-Bilondo; Nkossa/Nsoko; Sendji; and Yanga: the company is a key contributor to the success of the country’s hydrocarbons. In addition, the Italian multinational Eni has been active in the country since 1968 in the exploration and production, refining, marketing and chemical sectors. The company produces in more than ten oil fields, including Nené Marine and Litchendjili (140,000 bpd), Ikalou, Awa Paloukou, M’Boundi and Kouakouala, to name a few. For its part, Perenco, one of the newest operators to enter the market, operates the Yombo, Masseko, Likoula, Emeraude and PGNF Sur fields, with an average production of 75,000 bpd. Other international oil companies driving Congo’s energy expansion include Chevron Overseas Congo Ltd, with operating interests in the Lianzi Unification Zone and the Nkossa, Nsoo and Moho-Bilondo offshore fields, which produce an average of 49,000 bpd.

Saharan Africa

The Congolese government has implemented several key reforms aimed at attracting upstream investment and cementing its status as the third largest oil producer in sub-Saharan Africa. The national oil company SNPC has been at the forefront in establishing new regulatory frameworks that mitigate organizational and performance deficiencies, investing heavily in infrastructure projects that improve E&P capabilities. Leading upstream activities in the Kundji and Tilapia fields, SNPC drilled five appraisal wells in 2021, with a view to increasing production by 30,000 bpd. Meanwhile, Italian multinational Eni will bring 12 new wells online in 2022 in Phase 2A of its Nené offshore field development, increasing production by 26,000 bpd, while also carrying out exploration activities involving the construction of an additional platform. and the drilling of seven new wells.

Republic of Congo

“The Republic of Congo and the President have championed the energy sector for years and we are honored to work with this country and all stakeholders to drive investment in Congo’s energy sector,” said Kelly-Ann Mealia, President of ECP. . “This push for investment and negotiation comes at a critical time in the development of the country’s energy sector. The event is the official platform to communicate the direction in which the country and its leading companies are headed, in particular, attracting investment to continue exploration and increase hydrocarbon production, advance the monetization of national and regional gas, and facilitate a energy transition across the continent. Mealia concluded.

Last November

In addition to upstream exploration, the African continent is embarking on an ambitious drive to monetize its vast natural gas resources, meeting domestic gas-to-power supplies to meet Africa’s electrification goals while meeting global demands for electricity. decarbonization Harnessing natural gas from Africa and meeting the domestic gas-to-energy supply is important to support industrialization across the continent. Last November, the Republic of Congo launched its Integrated Natural Gas Master Plan (GMP) at the African Energy Week 2021 in Cape Town, establishing a framework to incentivize and promote the exploitation and development of natural gas reserves. 284 billion cubic feet of the country. The Congo has the potential to become a major regional gas player and exporter, gaining energy independence and security while exporting to gas-starved regions like Europe. Furthermore, the EU‘s latest decision to label designated natural gas projects “green” marks a critical turning point for African gas development, with gas-rich countries such as the Republic of Congo better positioned to attract project financing. while fostering an African Green Dialogue.

Republic of Congo

The Republic of Congo also serves as a leader in regional energy diplomacy, having joined the Organization of the Petroleum Exporting Countries (OPEC) in 2018 and serving as the headquarters of the African Petroleum Producers Organization (APPO). Last September, OPEC Secretary General Mohammad Barkindo applauded Congo’s renewed efforts to promote its energy industry during an official visit to Congo-Brazzaville and reaffirmed his support for HE Bruno Jean-Richard Itoua, Minister of Hydrocarbons, as OPEC president by 2022. The OPEC delegation helped solidify the country’s position among leading and established oil-producing partners. In the wake of volatility in oil prices, OPEC-led coordination and unity among oil producers has proven critical, particularly for African producers who rely on crude oil exports for most of their production. their GDP and their foreign exchange earnings.

Congo International Energy Summit

For more information on speakers or sponsorship opportunities at the Congo International Energy Summit, visit Cie-summit.com or contact register@energycapitlapower.com.

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