West African Transform Margin getting busier and Nigerian investment expands in East Africa | Sub-Saharan Africa Scouting

Archie's just returned from Africa Energy Week in Cape Town.

So, yeah, tell us a little about what you experienced there, please, Archie.

Yeah, so...

I think overall I had a good time.

It was definitely a well attended event.

I would say in the thousands.

I don't know off the top of my head, but definitely well intended.

Seemed to be a good mix as well.

So like NOCs, IOCs, OFS companies, and I'd even say your finance and your lawyer guys as well.

And, you know, to top it off, it was in the beautiful city of Cape Town.

You know, absolutely beautiful.

So some of the key things I took away from this would have been lots of interest in African gas, maybe even more so now because of the war in the Middle East.

Emphasis for more licenses in Africa.

I think everyone can see that at the moment with all the recons being signed, MOUs, all the licensing.

Partnerships between IOCs.

NOCs and the government that was definitely a big thing as well and then I do have this quote in my notes I can't remember where it came from but speed and regularity consistency matter as much as geology and I really like that and I thought that was spot on and just to finish on that it was fiscal on contract reform is the main pitch to investors which was also a quote I had and you could definitely see that especially like Actorial Guinea and Gabon they were so pushing that they're coming up for this, you know, more reform is coming up on the fiscal side.

And obviously, to finish it off, actually, I should say there was two bid rounds released.

So Liberia had one released, which Jimmy will touch upon in a bit, and one in Cameroon, which I'll hand over to my colleague Polly to talk more about.