A hotspot for global energy investment, the MSGBC region is home to promising upstream acreage, integrated infrastructure projects and future-oriented development plans. As the region’s energy industry continues to gather pace — and projects advance to new stages of development — technical and financial support is needed to achieve its large-scale energy ambitions.
Showcasing Energy Prospects in the MSGBC Region
Where to Invest?
Regional Collaboration
The MSGBC region is emerging as a prime market for investment, with substantial offshore oil and gas reserves, abundant renewable energy resources, and promising opportunities in the infrastructure sector. Collaboration has been key to the region’s energy achievements, with several projects set to come online in 2024 and beyond.
Regulatory Developments
Mauritanian government approved two bills – the first of which establishes an incentive-based and transparent legal and regulatory framework to attract renewable energy and green hydrogen investors. The second bill introduces new mechanisms to promote small and medium-sized enterprises that provide high-quality goods and services, as well as develop local expertise and know-how in the country’s extractive industries.
Invest in Green Hydrogen
Rising demand for sustainable energy worldwide, combined with unparalleled renewable energy resources in Africa, has made the continent both a strategic and highly attractive green hydrogen market. In the MSGBC region, Mauritania has unveiled ambitious plans for large-scale projects aimed at producing 12.5 million tons of green hydrogen annually by 2035.
Connecting Continents
The MSGBC region’s geographic location provides strategic advantages for energy transportation. The average cargo journey from West Africa to Europe takes five to eight days, and 20 days to reach the US.
Investment Opportunities
West Africa’s energy sector features a wide range of investment opportunities for engineering, procurement and construction (EPC) companies. Untapped oil and gas reserves are poised to position the region as a future energy hub for Africa while new licensing rounds continue to bolster the region’s commitment to accelerating exploration and production.
Major Infrastructure Projects
| Country |
Block/Area |
Type |
Operator |
|
Mauritania |
Blocks C15/ C31 |
Exploration |
TotalEnergies |
|
Mauritania |
Block C8 |
Production |
bp |
|
Mauritania |
Block C7 |
Exploration |
Capricorn |
|
Mauritania |
Block C10 |
Exploration |
Shell and QatarEnergy |
|
Senegal |
Saint Louis and Cayar Profond |
Exploration |
bp, Kosmos, Petrosen |
|
Senegal |
Saint Louis Offshore and Cayar Offshore |
Exploration |
Oranto, Petrosen |
|
Senegal |
Sangomar Oil Field |
Production |
Woodside |
|
Senegal |
Rufisque Offshore Profond |
Exploration |
TotalEnergies, Petronas |
|
Senegal |
Yaakar-Teranga Gas Field |
Production |
Kosmos |
|
Senegal |
Ultra Deep Offshore Zone North and South |
Exploration |
TotalEnergies |
|
The Gambia |
Blocks A5 and A2 |
Exploration |
FAR |
|
The Gambia |
Block A4 |
Exploration |
PetroNor |
|
Guinea-Bissau |
Block 4B |
Exploration |
Bissau Exploration |
|
Guinea-Bissau |
Sinapa (Block 2) and Esperança (Blocks 4A and 5A) |
Exploration |
PetroNor |
|
Guinea-Bissau |
Blocks 4 and 5 |
Exploration |
Silwana Diamond, Ada Business |
Sponsor or Exhibit
Position your brand at the forefront of the MSGBC’s thriving oil, gas and power sector. Whether you’re looking to showcase your innovative products and services, create brand awareness or be seen as thought leaders, our sponsorship and exhibition options are tailored to suit your business objectives.
Attend as a Delegate
Explore the advantages of Senegal and Mauritania’s burgeoning oil and gas sector, the first Oil and Gas and Power Conference and Exhibition focuses on global market positioning. Discussions cover potential future projects, including gas distribution pipelines to Europe, gas-to-power initiatives, and green hydrogen ventures.