JOHANNESBURG, SOUTH AFRICA: TotalEnergies’ Mike Sangster is set to deliver a keynote address during this year’s edition of the African Energy Week conference, scheduled to take place in Cape Town this October. Sangster, who is expected to assume the role of Senior Vice-President Africa E&P at TotalEnergies, will provide insight into the company’s ambitious upstream agenda in Africa and lead dialogue around sustainable exploration, the role of local content, and why Africa is set to play a central role in future supply chains.
TotalEnergies has been present on the African continent for over 90 years and is currently active in 43 countries, boasting over 13,000 employees. The energy major is leveraging its experience and technological expertise to be active across the entire energy value chain, with projects spanning the oil and gas industry, renewables sector, and broader power and infrastructure markets.
With sustainability at its core, TotalEnergies works collaboratively with African governments, National Oil Companies, and service firms to unlock high returns on investment while yielding tangible opportunities for local communities. The company has committed to achieving Net Zero by 2050 and is leading the next wave of sustainable energy operations in Africa.
TotalEnergies has set its sights on unlocking new hydrocarbon finds in Africa and is spearheading several exploratory campaigns in both mature and frontier markets. In Namibia, the company is driving a multi-well drilling campaign in the Orange Basin, kickstarted by a sizeable oil and gas discovery made in 2022. Earlier this year, the company announced plans to invest nearly 50% of its exploration budget ($300 million) into its Namibian activities. In Angola, the company has stakes in several assets in the Lower Congo and Kwanza Basin. Further south, TotalEnergies plans on exploring the South African side of the Orange Basin, recently acquiring environmental authorization to explore Block 5/6/7. The company was also responsible for two major gas finds in South Africa in 2019 and 2020, respectively: the Brulpadda and Luiperd discoveries.
During AEW 2023, Sangster will participate in various panel discussions and upstream forums, centered around emerging trends and challenges in Africa’s upstream market. His participation is expected to open up new opportunities for collaboration across the industry.
AEW is the African Energy Chamber’s annual energy event uniting African governments and policymakers with global investors and project developers. Taking place in Cape Town, the event represents the biggest gathering of energy stakeholders on the continent and takes place under a broader mandate of making energy poverty history by 2030.
