Africa Oil Week AOW Conference 2024 is currently taking place at the Cape Town International Convention Centre in Cape Town, until October 10, celebrating its 30th anniversary.
This pivotal event gathers key stakeholders, including government officials, investors and industry experts, to discuss and promote investment opportunities for sustainable development in Africa's oil and gas sector.
Africa Oil Week is a significant event in the industry, focusing on the sustainable development and management of oil and gas resources across the continent. It emphasizes opportunities for growth, technological advancements and innovation within the sector.
Minister of Mineral and Petroleum Resources Gwede Mantashe encouraged delegates at the Africa Oil Week 2024 conference to consider investing in oil and gas in Africa. He emphasized the importance of sustainable practices in these industries, highlighting their potential to improve the continents economy and quality of life.
In the Government Gazette 51138, published on 30 August 2024, Minister Mantashe expressed his intention to explore the Karoo for gas reserves. He stated that the main aim of this investigation is to establish the nature of the subsurface geology and potential risks. This exploration could help South Africa establish energy security and diversify the country's energy mix.
