https://www.miningweekly.com
Africa|Energy|Gas|Oil And Gas|Oil-and-gas|Safety|SECURITY|Service|Sustainable|Systems|Environmental|Operations
Africa|Energy|Gas|Oil And Gas|Oil-and-gas|Safety|SECURITY|Service|Sustainable|Systems|Environmental|Operations
africa|energy|gas|oil-and-gas|oilandgas|safety|security|service|sustainable|systems|environmental|operations

North African oil and gas producers move on energy transition

29th July 2021

     

Font size: - +

As the need for energy transformation gathers pace at a global level, North African countries are also starting to make moves. 

Several players active in North Africa’s oil and gas space – producing countries, independent oil companies (IOCs), service-providers and others – are already signed up for Africa Oil Week in November this year, unfazed by and supportive of the event’s temporary move to Dubai as a COVID-19 safety measure. They look forward to Africa Oil Week moving “home” to Cape Town, South Africa next year.

The clean energy transition is squarely on the agenda for this year’s conference. 

Says Mohamed Boussaîd, Tunisia’s Minister of Industry, Energy and Mines: “We are determined to accelerate our energy transition over the next decade to achieve energy security through a diversified energy mix and to improve our economic competitiveness.” 

Decarbonisation

Decarbonisation is instrumental for North African countries to achieve their climate and economic development ambitions. Change will not be easy though, as North Africa relies on energy exports to drive its economy, meaning that any substantial shift will require investment from more developed countries. 

"The only way to move along… is a dramatic surge in clean energy investment," says Tim Gould, co-lead author of the report ‘Clean Energy Transition in North Africa’ and head of the International Energy Agency (IEA) division for energy supply outlooks and investment. 

"Countries are not starting this journey from the same point. Emerging countries in particular need the financing and knowledge to build their energy systems sustainably."

IEA programme

The IEA is expanding its engagement with African regional partners through a programme to support sustainable and accelerated development through a varied mix of technologies, help achieve the United Nations’ sustainable Development Goal (SDG 7), promote increased energy security and affordability, and accelerate the development of clean energy systems across Africa.

Many North African countries are expected to benefit. 

Putting in place a mechanism to ensure effective and transparent hydrocarbon revenue management is the essential first step. Maintaining upstream investment to ensure adequate production, especially for gas, also remains vital to provide economic stability. 

However, this needs to be accompanied by greater efforts to reduce the environmental footprint of oil and gas operations, given that the emissions intensities of oil and gas production in North Africa are among the highest in the world.

Edited by Creamer Media Reporter

Comments

Showroom

Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 
Environmental Assurance (Pty) Ltd.
Environmental Assurance (Pty) Ltd.

ENVASS is a customer and solutions-driven environmental consultancy with established divisions, serviced by highly qualified and experienced...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
26th April 2024
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.069 0.107s - 97pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: