• CERAWeek
  • March 18 - 22, 2024

Timothy Kabba

Sierra Leone Petroleum Directorate – Office of the President

Director General

Sessions With Timothy Kabba

Tuesday, 12 March

  • 07:30am - 08:40am (CST) / -

    Competing for Upstream Investment: Rewriting Africa's story

    Panel Oil Gas Geopolitics/Energy Policy/Economics Finance/Trading/Risk Management
    Africa offers a vast array of frontier, emerging, and mature phase basins for upstream players across a range of aboveground challenges and risks in both Saharan and Sub-Saharan regions. Substantial volumes of oil and (mainly) gas have been discovered over the past decade and now offer opportunities for monetization. Several upcoming exploration wells have the potential to be play openers and many governments aspire to have new licensing rounds, but the global competition for upstream risk capital is intense. What role should NOCs play? How can aboveground factors be best managed—by investors, NOCs, and host governments— to maximize value for all? Are governments positioned to compete for a more limited pool of upstream capital?