Nigeria’s Petroleum Confab To Deepen Energy Integration For Africa’s Renaissance

  • Jan 14, 2020
  • Daily Independent

The 2020 edition of the Nigeria International Petroleum Summit (NIPS) will focus on furthering Africa’s energy integration for the continent’s renaissance and shared prosperity in the unfolding decade.

The African Petroleum Technology & Business Conference with the theme “Widening the Integration Circle: Technology, Knowledge, Sustainability and Partnership” scheduled for February 9- 13, 2020 in Abuja will seek to interrogate emerging technologies and knowledge for the benefit of exploiting the continent’s vast hydrocarbon potentials in a sustainable way.

“Africa’s energy sector needs to move into the new decade with a serious and result-oriented conversation around technology, policies and investment in our quest to build a more prosperous continent”, says Mr. James Shindi, Managing Director of Brevity Anderson, the event producer.

The summit organisers said in a statement that they also realise that the continent’s energy sector cannot reach its desired destination without the pre-requisite investment.

He said that is why the keynote address during the Africa’s ministerial session by Younghoon David Kim, chairman, World Energy Council is focused on “The Pursuit of new investors and strategic collaborations to exploit natural reserves.”

Chief Timipre Sylva, who has thrown his full weight to ensure the success of the summit since his assumption as Nigeria’s Honourable Minister of State for Petroleum Resources, will take the summit attendees on reminiscences of Nigeria’s oil and gas industry journey in the past 60 years.

Another major highlight of NIPS 2020 is the roll out of the World Oil Outlook (WOO2020) by H.E Mohammad Sanusi Barkindo, Secretary-General, Organisation of Petroleum Exporting Countries (OPEC).

NIPS is a Federal Government of Nigeria official petroleum industry event with the federal ministry of petroleum resources and all its parastatals including the Nigerian National Petroleum Corporation (NNPC), Nigeria Content Development & Monitoring Board (NCDMB) and Department of Petroleum Resources (DPR) are joint hosts.

The event is a convergence of African and global energy heavyweights and it is a reflection Nigeria’s unique place on the map of oil and gas industry regionally and internationally.

NIPS 2020 will welcome over 5,000 diversified local and international delegates across the various sub-sectors and disciplines in the energy, oil and gas vast value chain. Just like the previous two editions, the summit will host the who’s who of the oil and gas industry in Nigeria in addition to the participation of several foreign bodies like OPEC , APPO, IEC, several foreign ministers and delegates across global energy industry.