Page 15 - AfrOil Week 40 2021

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In a globalised market in which sanctioned Kariya Energy is a full cycle energy company will be the place for deal making and engage-
countries can simply turn to alternative suppliers focused on acquiring producing and highly ment,” stated Sergio Pugliese, President for
and financiers – as South Sudan has done with prospective “near-production” assets in Africa. Angola, the African Energy Chamber (AEC).
China – American companies must emerge as Well positioned to take over marginal fields and African Energy Chamber, October 6 2021
key sources of technology, capital and expertise residual reserves from International Oil Com-
to help mitigate the ecological and operational panies divesting from oil and gas in the face of
inefficiencies that have impacted oil production the energy transition, Kariya Energy utilises LOCAL CONTENT
in South Sudan to date. US and Canadian technology to commercialise
One company with a strong demand for resources in Africa. What makes the company Wabote says capacity
US exports and technology is Trinity Energy, unique, is that its business strategy has placed the
South Sudan’s largest independent energy firm. energy transition at the center of its oil and gas building, funding are key
The company is leading the construction of a strategy, with technological solutions utilised to
$500mn crude oil refinery in Paloch, Upper decarbonise processes and drive the transition to to local content growth
Nile State that would refine up to 200,000 barrels cleaner fuel sources. Accordingly, the company
per day (bpd) for both domestic use and export is committed to transparency regarding carbon Any nation or sector of the economy that seeks
to neighboring countries, including Ethiopia, emissions reporting, mitigating environmental to implement Local Content policies successfully
Eastern DRC and the Central African Repub- impact, whilst at the same time accelerating oil must deploy certain programmes such as Capac-
lic. Given that South Sudan is the only oil pro- and gas production. ity Building initiatives, Funding and Incentives
ducer in East Africa, a project of this magnitude “Lean and fit-for-purpose operations, lev- and Research and Development, Gap Analysis,
would be transformative for the region by fos- eraging advancement in digital technologies Regulatory Framework and Access to market.
tering regional energy security and establishing provide the opportunity to efficiently and more The Executive Secretary of Nigerian Content
an intra-African trade of petroleum products. economically produce assets. We will incorpo- Development and Monitoring Board (NCDMB)
Trinity Energy has already secured the land rate digital technologies into our operations that Simbi Kesiye Wabote identified these conditions
and undertaken feasibility and environmen- will minimise the amount of energy required for recently in a presentation he delivered to the 6th
tal studies for the refinery, and is initiating the production,” stated Nji. Ugandan International Oil and Gas Summit
Front-End Engineering Design (FEED) study Meanwhile, with a key focus on natural gas titled “Developing a World-Class Local Content
to pave the way for engagement with financi- monetisation and production, Kariya Energy is Structure.”
ers, including the African Export-Import Bank committed to making small-scale LNG projects Drawing from the successful implementation
(Afreximbank). across the continent profitable. The company’s of the Nigerian Oil and Gas Industry Content
The Juba-based firm has also enlisted innovation and expertise make it an ideal part- Development (NOGICD) Act, he underlined
Chemex Global, an American full-service EPC/ ner for oil and gas companies looking to turn that entrenching a sustainable Local Content
EPCM firm with experience in modular and around small-scale LNG and expand off-grid practice leads to development, empowerment,
conventional refineries, as project manager, and power generation. With a focus on increasing prosperity, and creation of employment oppor-
expressed a desire for the heightened involve- import and export solutions, enhancing gas tunities for the populace.
ment of US suppliers. distribution services, and addressing energy Providing details, he explained that an ena-
Energy Capital & Power, October 6 2021 poverty in Africa, Kariya Energy has placed the bling regulatory framework backed with the
continent and its resources at the center of its appropriate legislation is fundamental to effec-
business strategy. tive Local Content practice as it sets the frame-
EVENTS “Kariya Energy’s innovation and commit- work and boundaries for all practitioners in the
ment to Africa will be key in expanding the sector.
Kariya Energy to discuss oil and gas sector while driving the continent’s According to him, the second factor is base-
energy transition. At AEW 2021 in Cape Town, line and periodic gap analyses to determine
energy transition dialogue, the company will introduce how asset acqui- gaps that need to be closed in the areas of skills,
sition, digital solutions, and partnerships will facilities and infrastructure. He added that “the
asset acquisition strategy be key components in maximising resources, oil and gas industry keeps evolving and regular
increasing production, and addressing energy reviews and monitoring of local content goals
at African Energy Week poverty. African oil and gas companies stand to show where capacities have been met, current
learn a great deal from Kariya, and AEW 2021 gaps, and where capacity upgrade is required to
Innovative energy company Kariya Energy will guide deployment of resources and investment
be coming to African Energy Week (AEW) 2021 decisions.”
in Cape Town on November 9-12 to promote the He underscored the need to strike a balance
role of oil and gas in Africa’s energy transition. between aspirational goals and realistic target
Led by the company’s Managing Director, Gerd setting and to put in place credible action plans
Nji, the Kariya Energy delegation will empha- and initiatives to close the gaps and understand-
sise how innovative technologies can be used to ing that all gaps cannot be closed overnight,
reduce carbon emissions, maximise revenues, hence the need to prioritise areas of high impact
and enhance oil and gas production. With a and deploy implementation measures.
recent commitment to acquire upstream and Wabote also stressed the importance of devel-
midstream oil and gas assets in Africa, the com- oping in-country capacities and capabilities,
pany is dedicated to ensuring hydrocarbons take catalysing local manufacturing and infrastruc-
a leading role, and essentially thrive in Africa’s tural development as well as Human Capacity
energy transition. Development.

Week 40 06•October•2021 www. NEWSBASE .com P15