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.
 


Offshore

Onshore Spending on the Cusp of Recovery?

DW’s recently released quarterly World Oilfield Services Market Forecast (OFS) and World Oilfield Equipment Market Forecast (OFE) continue to suggest 2016 will

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

Canada May Ask Far-offshore Drillers to Pay Extra

Canada may ask oil companies to contribute to the hundreds of millions of dollars or more the country has to pay to an international body if they drill far offshore,

News

MV WERFTEN, Foreship Sign Design Agreements

MV WERFTEN signed a letter of intent with the engineering company Foreship in Stralsund today. The agreement includes parts of the basic design as well as design,

NParks, Keppel in S$2.08 mln Partnership for Restoring Singapore Forest Wetlands

The National Parks Board (NParks) and Keppel Corporation today unveiled plans for a partnership to restore the freshwater forest wetland ecosystem historically

Zumaia Offshore Acqires MPP Workboat Aitana B

In April 2016 Zumaia Offshore, S.L., leading workboat owner and operator based in the Basque Country, took delivery of the Cummins-powered MPP workboat “Aitana

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Pipelines Pod Propulsion Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | 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: 0.0960 sec (10 req/sec)