Savannah Energy Joins African Energy Week 2023 As Bronze Sponsor
Savannah Energy Joins African Energy Week 2023 As Bronze Sponsor. Savannah has joined the African Energy Week (AEW) 2023 conference – taking place from 16–20 October in Cape Town – as a Bronze Sponsor, and will leverage the platform’s networking opportunities to connect with governments and policymakers. The event serves as the largest gathering of energy stakeholders on the continent, and offers sponsors and delegates alike the chance to sign strategic deals. Savannah’s CEO Andrew Knott and senior managers will speak at the conference this October, providing insight into the company’s development agenda, top priorities in the short- and long-term, and commitment to partnering with African countries in pursuit of energy security.
Representing a key driver of sustainable energy developments, Savannah’s participation at AEW 2023 will not only help showcase the opportunities for independents in Africa but will help promote the role oil and gas continues to play in making energy poverty history on the continent. Through sustainable and technology-led operations, companies such as Savannah are a testament to the commerciality and potential this industry offers. The company has an active footprint across the continent as well as plans to expand its presence even further. In December last year, Savannah announced its proposed US$1.25bn acquisition of PETRONAS International Corporation Limited’s entire oil and gas business in South Sudan, comprising interests in 64 producing fields.
As a Bronze Sponsor at AEW 2023, Savannah will participate in exclusive networking and panel sessions, showcasing the company’s growth strategy. Savannah will promote the role the company plays in Africa’s just energy transition, and how an integrated approach to energy development will help bolster energy security. “Savannah has emerged as a strong partner for Africa. Through its operations in Nigeria, Cameroon and Niger, and its planned operations in South Sudan, the company is dedicated to unlocking the full potential of African oil and gas while supporting the continent’s just energy transition,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC).
“Savannah’s primary focus is on participating in Projects that Matter in Africa. We want to meaningfully contribute to the economic development of the countries in which we operate through the development of businesses and projects that make a material difference to those countries. Lower income countries, where the need for low priced energy to deliver life changing economic growth is highest, will see hydrocarbons form a much greater part of their energy mix in the decades to come compared to the developed world. Therefore, we fully expect to continue to acquire, develop and operate hydrocarbon businesses and re-invest the cash flows we generate into both hydrocarbon and renewable energy projects for the benefit of our host countries. We firmly believe that Africa needs both hydrocarbons and renewables if it is to be given the opportunity to grow and lift ever more of its citizens out of energy poverty.” Andrew Knott, CEO of Savannah.
