Strong Russian Presence at Oil & Gas Africa '12

(Press Release)
Wednesday, March 07, 2012

Recent new oil and gas discoveries all over Africa are attracting investors and developers from around the world. Russia is the latest country to show an active interest in the continent’s oil and gas industry. The country will be sending a trade delegation to attend Oil & Gas Africa 2012, which takes place March 13-15 at the Cape Town International Convention Centre. This is the first time these companies and organizations will attend the show.
The high-level Russian group will consist of chief executive officers, chief technology officers and policymakers who intend to pursue exploring opportunities on the subcontinent. The Russian delegation represents a wide range of industries related to the oil and gas sector, including petro-physical research and engineering, industrial design, construction, security, underwater engineering and construction, event management and diplomacy. Representatives from the Russian Trade Council, Embassy and Ministry of Economic Development will be part of the delegation.
“We are hoping to increase international collaboration, expand investment and explore the potential for technology sharing and technology exchange, particularly in Southern Africa,” said Daniel Katzenellenbogen, Managing Partner of Avanture, a venture management consultancy based in Stockholm. “With its excellent infrastructure and existing industry readiness, the region offers new potential investment channels, growth opportunities, and a platform for demonstrating new technology. We will also be participating in a forum to discuss potential opportunities for Russian companies in Southern Africa.”
The forum also aims to expand collaboration and investment in both directions and promote technology sharing and exchange between the two countries. It will initiate new business relationships between Russian and South African participants, and illustrate the region’s business climate and the opportunities it presents, such as collaborative research, new technologies and new investment channels, particularly in clean energy and gas to liquids.
“We plan to make this an annual event and bring an even larger Russian delegation next year,” concludes Katzenellenbogen.
 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Ocean Rig, Petrobras Agree to $1.1b Drill Ships Lease

Cyprus-based Ocean Rig UDW Inc said on Monday that it signed a $1.1 billion three-year contract with Brazil's state-run oil company, Petroleo Brasileiro SA, to

GAO: Ending Crude Export Ban Could Ease 'Price at the Pump'

As the energy profile of the U.S. continues to improve and evolve daily, fresh debate in favor of exporting oil and gas products -- which would have a significant impact on the U.

Autonomous Technology for Offshore Wind Farm

ASV Ltd in association with Planet Ocean Ltd, have received funding from the GROW:OffshoreWind initiative to investigate how the use of Autonomous Surface Vehicles

News

Nordic American Offshore Declares Dividend

Nordic American Offshore Ltd. today announced that its board of directors has declared a dividend of $0.45 per common share for the third quarter 2014. This is the same as for the second quarter 2014.

Missouri River Basin is Booming

The U.S. Army Corps of Engineers Missouri River Basin Water Management Division is maintaining above normal releases at the four lower dams on the Missouri River.

Bollore Africa Logistics Sees Profit Plunge in H1

First half 2014 profit at shipping company Bollore Africa Logistics plunged to 5.89 billion CFA francs ($11.48 million) from 9.45 billion CFA francs in the same period last year,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1297 sec (8 req/sec)