Angola’s Ministry of Mineral Resources, Oil and Gas, Sonangol and Portuguese energy company Galp have been nominated for a number of 2024 energy sector awards in Africa, presented as part of African Energy Week.
The African Energy Chamber, which organises the event and whose vocation is to support energy investments on the continent, announced that the Angolan government has been nominated for the Reformer and Changemaker of the Year Award, along with the governments of South Africa, the Republic of Congo, Namibia and Egypt.
Sonangol is a candidate for the ESG (environmental, social and governance) Leader of the Year award and Galp is running for Exploration and Production Leader of the Year, the organisation said in a statement.
The Reformer and Changemaker of the Year Award, one of several to be awarded from 4 to 6 November in Cape Town, ‘recognises a government or public sector entity that has demonstrated outstanding leadership and commitment to reforming the energy sector in Africa’, in addition to the ‘efforts of governments and public institutions that have led change, promoting an environment conducive to energy growth, economic development and social progress’.
Angola’s national oil company, Sonangol, is nominated along with TotalEnergies, bp and SLB for the ESG Leader of the Year award, which recognises the use of these principles in the ‘development of natural resources in Africa, recognising champions who protect and promote local communities while ensuring fair and safe operations’.
This award, the text released by the organisation adds, ‘recognises outstanding achievements and leadership in the integration of sustainability principles and responsible business practices in the sector, highlighting a commitment to environmental management, social responsibility and strong corporate governance’.
Portuguese oil company Galp, along with Woodside Energy, Eni and ExxonMobil, is nominated for the Exploration and Production Leader of the Year award, in an award that aims to recognise ‘outstanding leadership and innovation in upstream exploration and production, distinguishing those responsible for new production and discoveries in Africa’s energy sector, with exceptional vision and operational excellence in unlocking the continent’s hydrocarbon potential’.
The awards, which will be presented in November in Cape Town during ‘African Energy Week: Invest in African Energy’, ‘celebrate the innovators, pioneers and agents of change who are shaping the future of Africa’s energy sector’, and are organised by the African Energy Chamber, a body set up to promote energy investment in Africa.
Among the prizes that will be awarded at this meeting that brings together the main figures in the African energy sector is also the Transaction of the Year, which nominates, among others, Etu Energias for its acquisition of Galp Energia’s offshore blocks in Angola.
The title of Service Provider of the Year, Exploration and Production Leader of the Year and the Gas Monetisation Award are also part of the set of distinctions awarded annually.
According to the organisation, the African continent should ‘more than double its share of the global natural gas market by 2050, while simultaneously quadrupling its renewable energy capacity by 2030’, to which the expected production in Mozambique’s Cabo Delgado province later this decade will greatly contribute.
Lusa
