There has been tremendous oil discoveries in East Africa – Kenya, Uganda, Tanzania, and Mozambique. These discoveries are drawing attention to the region in the global energy sector. The president of Tanzania, not long ago, ordered that exploitation of natural gas begin as a matter of urgency. Also in Kenya, the president has publicized that government has declared Kenya’s oil production deadline by 2 years. More so Kenyan government has developed a strategy that will enhance the country to be a producer and exporter by 2019. In March 2017, it is envisioned that Tullow Oil will send Kenya’s maiden barrels of oil to the market.
Kenya will be hosting the East Africa Oil & Gas Summit & Exhibition (EAOGS) in Nairobi on 16 November at the Kenyatta International Convention Centre from 15-17 November 2016, at this summit, it is anticipated that the Cabinet Secretary of Kenya’s Ministry of Energy and Petroleum – Hon. Charles Keter, keynote speaker, will throw light on Kenya’s oil extraction and transportation plans. Other speakers at the event will be Hajatiana Rasolomanana, Director General of Hydrocarbons, Ministry of Energy & Hydrocarbons, Madagascar; Keith Hill, CEO, Africa Oil Corp.; and Ebbie Haan, Oil Chief Growth Officer.
EAOGS brings together government delegations, international oil companies, suppliers to the industry and investors from across the world come together to examine the hugely significant opportunities in the region. Key topics being tackled in 2016 include: progress being made in the Rift Valley, Uganda and Indian Ocean; real world innovations in offshore production technology and supply chain management; legal, institutional and regulatory challenges facing the industry; and environmental and safety concerns.