With energy demand growing rapidly at global scale owing to increases in industrial activities, various geopolitical trends and efforts by regions such as Africa to accelerate electrification progress, massive opportunities have arisen for Africa to maximize the production, monetization and exploitation of its vast, yet untapped oil and gas resources. In this regard, the African Energy Chamber (AEC), as the voice of the African energy sector, strongly advocates for increased participation of both local and international energy companies and service providers to boost competition, innovation and investment across the African oil and gas market for optimal upstream, midstream and downstream operations.
Eyrie Energy, a wholly Nigerian indigenous oil and gas services firm aiming to rank on the global listing of world-class upstream and downstream companies providing innovative energy solutions, will be attending and participating at the African Energy Week (AEW) 2022 conference and exhibition – Africa’s biggest event for the energy sector which will take place from October 18 – 21 in Cape Town – as a gold sponsor.
Representing Nigeria – one the world’s hydrocarbon market heavyweights – the participation of Eyrie Energy – one of West Africa and sub-Saharan Africa’s rapidly expanding petroleum product marketing solutions providers – as a gold sponsor at AEW 2022 will be crucial for highlighting the challenges and opportunities faced across the continent’s hydrocarbon landscape as well as the role local companies play in securing the future of African energy.
Since its establishment in 2006, Eyrie Energy has emerged as one of Africa’s most efficient providers of petroleum trading solutions, with the company expanding its footprint and services across West Africa, Europe and Asia through partnerships with over 30 energy players including some of the world’s biggest energy companies such as bp, Shell, TotalEnergies, Vitol, Chevron and the Nigerian National Gas Company. As a result, Eyrie Energy is now one of Nigeria and Africa’s leading traders, suppliers and distributors of refined petroleum products. With African hydrocarbon-producing countries seeking to boost the monetization of oil and gas across both the African and global markets, companies such as Eyrie Energy have and continue to be key for unlocking the full potential of the continent’s hydrocarbon market.
Moreover, with Africa eyeing to expand upstream activities to boost oil and gas reserves and output, out-of-the-box exploration and production services provided by companies such as Eyrie Energy are vital for unlocking the vast energy security and socioeconomic development opportunities currently being restrained due to limited exploitation of the continent’s resources. As a gold sponsor, Eyrie Energy will participate in high-level panel discussions and meetings exploring best practices to accelerate oil and gas exploration, production, infrastructure rollout, trading and exploitation to make energy poverty history across the African continent by 2030 whilst fueling economic growth.
“The Chamber is proud to have Eyrie Energy feature at AEW 2022 as a gold sponsor to highlight its world-class upstream and downstream offerings changing the African energy landscape. With companies like Eyrie Energy, we are confident oil and gas trading will reach greater levels across the African market,” states NJ Ayuk, the Executive Chairman of the AEC.
With Eyrie Energy targeting to expand its footprint across the African market and at global scale through effective collaboration with key oil and gas energy players, AEW 2022 presents the best platform for the company to network with regional, continental and international energy companies and investors.
