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What oil and gas can offer the South African economy

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  Africa Oil Week https Africa OilWeek com is pleased to present the panel discussion What can oil and gas offer the South African economy as part of its South African Energy Day at Africa Oil Week Taking place at the premier oil and gas event in the heart of Cape Town the panel will be moderated by Howie Frylinck National Sales Manager Pentagon Freight Services Organized by Hyve Group Plc Africa Oil Week is the home of the African upstream and this unmissable event will bring together the main energy stakeholders from 3 to 7 October in Cape Town under the theme Sustainable growth in a low carbon world carbon Unlike other African countries South Africa offers a highly skilled workforce and an industry that is already involved in oil and gas exploration and production in sub Saharan Africa For South Africa this will not be new territory and in a country where unemployment is at an all time high skilled and unskilled workers can benefit from job creation alone Evidence of this is everywhere to be seen in the region said moderator Howie Frylinck The oil and gas sector employs about 1 of Africa s workforce this equates to approximately 14 million people earning their daily income from O G Upstream In addition to creating jobs and upskilling the workforce the natural resources sector makes a crucial contribution to Africa s GDP government revenues and export earnings as well as to the vast number of goods and services that are needed for oil exploration Frylinck said With more than 600 million people in Africa without access to energy it is clear that the energy landscape is very different from that of the developing world Africa has for many years been exploited for its natural resources while the industrialized countries benefited So it is too simplistic to suggest that Africa must transition at the same pace as the US UK and other Western economies Frylinck said The argument is not about the reality of climate change the world accepts the reality of that The question is why should Africa leave more than 1 3 trillion on the table by 2050 Especially if we can develop hydrocarbons safely and with strong carbon management strategies added Frylinck This session will explore the economic benefits of development while balancing the realities of climate change Panelists include Craig Morkel South African Oil and Gas Alliance Hasnayn Ebrahim Managing Director Africa International Advisors Thabiso Tenyane Executive Chairman and CEO of the Phawke Group and Andri Hugo CEO of NOVO Energy Register your interest now to play your part in the sustainable development of our industry and Africa through the African upstream Attend the conference together with high level delegates and more than 50 ministers and government leaders Africa Oil Week 2022 https Africa OilWeek com
What oil and gas can offer the South African economy

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Africa Oil Week

Africa Oil Week (https://Africa-OilWeek.com) is pleased to present the panel discussion “What can oil and gas offer the South African economy?” as part of its South African Energy Day, at Africa Oil Week. Taking place at the premier oil and gas event in the heart of Cape Town, the panel will be moderated by Howie Frylinck, National Sales Manager, Pentagon Freight Services.

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Organized by Hyve Group Plc., Africa Oil Week is the home of the African upstream, and this unmissable event will bring together the main energy stakeholders from 3 to 7 October in Cape Town under the theme: Sustainable growth in a low carbon world.

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carbon.

“Unlike other African countries, South Africa offers a highly-skilled workforce and an industry that is already involved in oil and gas exploration and production in sub-Saharan Africa.

For South Africa, this will not be new territory and in a country where unemployment is at an all-time high, skilled and unskilled workers can benefit from job creation alone.

Evidence of this is everywhere to be seen in the region,” said moderator Howie Frylinck.

“The oil and gas sector employs about 1% of Africa’s workforce; this equates to approximately 14 million people earning their daily income from O&G Upstream.

In addition to creating jobs and upskilling the workforce, the natural resources sector makes a crucial contribution to Africa’s GDP, government revenues, and export earnings, as well as to the vast number of goods and services that are needed for oil exploration,” Frylinck said.

“With more than 600 million people in Africa without access to energy, it is clear that the energy landscape is very different from that of the developing world.

Africa has for many years been exploited for its natural resources while the industrialized countries benefited.

So it is too simplistic to suggest that Africa must transition at the same pace as the US, UK and other Western economies,” Frylinck said.

“The argument is not about the reality of climate change: the world accepts the reality of that.

The question is, why should Africa leave more than $1.3 trillion on the table by 2050?

Especially if we can develop hydrocarbons safely and with strong carbon management strategies,” added Frylinck.

This session will explore the economic benefits of development while balancing the realities of climate change.

Panelists include Craig Morkel, South African Oil and Gas Alliance; Hasnayn Ebrahim, Managing Director, Africa International Advisors; Thabiso Tenyane, Executive Chairman and CEO of the Phawke Group; and Andri Hugo, CEO of NOVO Energy.

Register your interest now to play your part in the sustainable development of our industry and Africa through the African upstream.

Attend the conference together with high-level delegates and more than 50 ministers and government leaders: Africa Oil Week 2022 (https://Africa-OilWeek.com).

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