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SAIPEC 2024: Accelerating African Content in Energy Sector

By William Emmanuel Ukpoju

The Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) commenced its highly anticipated 2024 edition, by setting a new standard for fostering local content and capacity development within the energy, oil, and gas industry across Africa. Hosted by the Petroleum Technology Association of Nigeria (PETAN) in strategic collaboration with the Nigerian Content Development and Monitoring Board (NCDMB) and NNPC Limited, SAIPEC has solidified its position as the continent’s premier energy summit.

With the theme “The Next Steps: Accelerating African Content,” SAIPEC 2024 has attracted an impressive lineup of industry leaders and experts, including Mr. Adegbite Falade, Managing Director/Chief Executive of Aradel Holdings Plc. With over 14 years of experience in senior executive roles within the oil and gas, power, and services sectors, Mr. Falade’s insights underscores the importance of promoting local contents that will foster collaboration within Africa’s energy landscape. Speaking in an exclusive interview with Valuechain about this year’s summit, Mr. Adegbite said, “SAIPEC provides a unique platform for stakeholders to connect, collaborate, and forge new alliances by emphasizing the importance of inclusive growth and development within the sector.”

Throughout the event, participants will engage in dynamic discussions and technical sessions, with a view to gaining critical insights into the intricacies of Africa’s hydrocarbon businesses.

Over the course of three days, SAIPEC will facilitate extensive networking opportunities, by bringing together local, regional, and international businesses that are eager to explore investment opportunities in Sub-Saharan Africa’s energy sector. The event will also feature high-level strategic sessions that will showcase game-changing solutions and innovations that are geared toward shaping the future of the industry.

Central to SAIPEC’s objectives is the promotion of collaboration and the advancement of local content. The summit will also attract a diverse array of stakeholders, including NOCs, IOCs, EPC contractors, service providers, and technology firms, that are willing to foster engaging discussions that will facilitate business transactions.

SAIPEC 2024 exemplifies the industry’s commitment to drive sustainable growth and development across the African continent. With emphasis on local empowerment and collaboration, the summit serves as a catalyst for transformative change within the energy, oil, and gas sector.