Energy Capital & Power (ECP) is proud to announce that Amadou Doumbouya, Managing Director of Guinea-Conakry’s newly formed Société Nationale de Petroles (SONAP), will be coming to the MSGBC Oil, Gas & Power 2022 conference and exhibition to discuss exploration, production and hydrocarbon trade across the MSGBC region.
With the full potential of Guinea-Conakry’s energy sector yet to be realized, Doumbouya will be coming to the conference in September to promote the range of opportunities present across the country as he moves to unlock multi-sector investment and position the country as an energy secure nation for years to come.
As Managing Director, and with a range of experience across the Guinean energy landscape, Doumbouya has placed securing investment and international participation at the forefront of both SONAP’s and the country’s developmental agenda. Having previously worked for the Ministry of Hydrocarbons and the National Petroleum Office (ONAP), among other high-level organizations, Doumbouya’s expertise makes him both an ideal and instrumental figurehead for SONAP as the company moves to transform Guinea-Conakry’s energy landscape.
Representing the country’s national oil company (NOC) responsible for implementing government policy in the oil sector, SONAP is committed to driving investment across the entire hydrocarbon value chain in Guinea-Conakry, viewing oil and gas as key drivers of sustainable socioeconomic growth. Following SONAP’s establishment in December 2021 – through a merger of the ONAP and the National Petroleum Import Company – the government has ensured sector activities and regulations are streamlined. In this regard, SONAP is undergoing a number of exploration and production campaigns that center on the unknown, yet potentially high, energy landscape.
On the oil and gas front, the organization is looking at increasing activity across the upstream sector, working towards unveiling sizeable discoveries that will kickstart the country’s hydrocarbon industry. Sharing promising sedimentary zones to that of regional neighbors such as Senegal, Guinea-Conakry’s potential to hold significant offshore oil and gas reserves is unparalleled. To this effect, 2021 saw ONAP establishing the bidding terms to award exploration licenses for 22 of the country’s unexplored offshore blocks. Now, SONAP is working on strengthening this campaign, while improving energy information and research, improving the country’s fuel storage capacity and unlocking investment across the mid- and downstream industries.
Hoping to mimic exploratory success seen in regional markets, SONAP is inviting investors and explorers to come and help grow the high potential energy sector in Guinea-Conakry. In this regard, MSGBC Oil, Gas & Power 2022 will be key, as the conference looks to further incentivize hydrocarbon investment and frontier exploration across MSGBC states. Recognized as the official growth-oriented platform for the MSGBC’s energy sector, the conference unites international players with regional opportunities, building on the success of large-scale project developments and exploration campaigns.