Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Oil and gas conference to explore opportunities

23 April 2013, 19:02 Maria Macharia

Nairobi - The upcoming Eastern Africa Oil, Gas and Energy Conference will explore the potential, future opportunities and growth in countries in the region.

Scheduled for 18 to 20 in Nairobi, the conference comes on the back of the transformation of Eastern Africa into an emerging oil and gas frontier region.

Dr Duncan Clarke, Chairman of Global Pacific and Partners, organisers of the conference, says countries in the region are poised to benefit immensely from the discoveries of oil and gas deposits.

The on- and offshore potential includes exclusive economic zones, deep water opportunities and ultra-deep plays.

“The new discoveries will add substantial net wealth to the Eastern Africa’s littoral states where they are located, and induce higher economic growth rates and regional development,” Clarke said ahead of the fourth edition of the conference.

More and more companies have entered open acreage and bid rounds, and more blocks have been leased than ever before, with more drilling commitments concluded.

Foreign state-owned companies like CNOOC and PTTEP have invested in Eastern Africa while  companies like Total, Exxon Mobil, Chevron, Shell and BP have shown renewed interest.

The conference will highlight presentations of CEO’s, government officials, ministers and key executives from within leading corporate and state oil companies.

During the 4th Eastern Africa Conference key speakers will reveal the exploration potential, future opportunities and growth in countries like Kenya, Somalia, Ethiopia, DRC, the Seychelles, Tanzania, Madagascar, Burundi, Rwanda, and regional oil giant Uganda.

- CAJ News

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Submitted by
Wilson Ochieng
ODM beats Jubilee in 3 by-electio...

ODM dominates Jubilee Party in by elections.

Submitted by
Wilson Ochieng
Kenyan ivory seized in Vietnam

Vietnamese authorities have seized 1 tonne of ivory smuggled from Kenya, the fifth such seizure in the past month. Read more...

Submitted by
Cyril Mike Odhiz
Kenyans furious on young lady aft...

A young Kenyan woman is the talk of town after she posted a photo with her elderly lover after a round of steamy sex, or so the photo suggested.  Read more...

Submitted by
Kiplangat langat
Uhuru could be a one term Presid...

Bomet governor Isaac Ruto has said that President Uhuru Kenyatta could be a one term President if he fails to increase allocations to the counties. Read more...

Submitted by
Mody Sammy
35 year old farmer a new milliona...

A 35 year old farmer from Mpeketoni Lamu county has become the latest millionaire in town as she became winner in the ongoing ‘Shinda Mamili na Story Ibambe’. Read more...

Submitted by
Shakila Alivitsa
Leave your past relationship bagg...

Leave your past relationship baggage at the door when you start a new relationship. Read more...