NAICE 2023 Focuses On Role Of FDI In Meeting Africa’s Energy Security

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…holds on Monday

The Role of Foreign Direct Investments (FDI) in the Efficient Development of Natural Gas Reserves to Meet Africa’s Energy Security Demands will be one of the major topics that will be discussed at the Nigeria Annual International Conference and exhibition NAICE 2023 which will commence on Monday 31st of July through August 2nd

The conference with the theme: “Global Transition to Renewable and Sustainable Energy and the Future of Oil and Gas in Africa” has as its focus energy trilemma and as such the conversations will be on the overarching theme “Balancing Energy Accessibility, Affordability, and Sustainability: Strategic Options for Africa”

speaking on the conference, the Society of Petroleum  Engineers Nigeria, Nigeria Council Chairman, Engr Felix Obike said the society recognises that in as much as the world needs to have “clean” energy security, a strategic approach is required to cater to the unique needs of different regions.

He explained that these are the reasons  why NAICE2023  has developed its theme and sub-themes and invited subject matter experts to brainstorm and proffer all-inclusive tailored solutions that factor in, the energy poverty and economic struggles in Africa, alongside global best practices on climate actions.”

According to the Society of Petroleum Engineers (SPENC) the Nigeria Annual International Conference and Exhibition (NAICE), through its activities has enhanced the transfer of knowledge and technology within the Nigerian and African energy sectors, driving innovation and development.

“We have also been key in promoting local content, attracting global investment into Nigeria’s vibrant energy sector. Our capacity-building initiatives, including workshops and panel discussions, have been instrumental in creating a more skilled workforce. “

Felix Obike said by providing a platform for dialogue among leaders, the council has influenced policy and fostered innovative solutions that have propelled the industry forward.

“Additionally, our commitment to sustainability and environmental stewardship has guided conversations toward environmentally-friendly practices, as exemplified by the theme of NAICE 2023.”

He stated that NAICE 2023 sub-themes will address the following:

Topical Issues Workshop: Lease Conversion and Frontier Basin Development: Enablers and Challenges in the Petroleum Industry Act.

Africa Young Professionals Workshop: Meeting Africa’s Energy Needs and Aspirations: Options and Opportunities for Young Professionals.

Panel Session I: Role of FDI (Foreign Direct Investments) in the Efficient Development of Natural Gas Reserves to Meet Africa’s Energy Security Demands.

Women Leadership Programme: Africa Energy Market: Leveraging Female Development Opportunities.

Panel Session II: The Transition towards Energy Sustainability: Strategies and Tools for Developing Countries.

The opening ceremony will feature contributions from The Permanent Secretary of the Ministry of Petroleum Resources, GCEO of NNPC, CEO of NUPRC, and CEO of NMDPRA.

“We shall also have a Special Guest Presentation on the Theme by the 2023 SPE International President. This year, particularly, we shall be having other regional directors of SPE from across the world in attendance.”

“ Other very interesting plenary sessions include the Young Professionals Workshop and the Family Program for our children and spouses. We have carefully selected a lineup of speakers, each handpicked for their unique expertise and insight into our various sub-themes. The caliber of these individuals promises to elevate the discourses that will take place, ensuring deeply engaging and thought-provoking conversations.

“The quality of our speakers reflects our commitment to promoting meaningful dialogue and providing attendees with unparalleled insights. We are confident that the richness of the discussions that will unfold will be truly exceptional, and memorable.

 

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