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Energy leaders discuss how to unlock Africa’s oil and gas potential

Hundreds of energy officials and investors are in Casablanca, asking how African countries can turn oil and gas into real investment.
Hundreds of energy officials and investors are in Casablanca, asking how African countries can turn oil and gas into real investment.

Hundreds of energy officials and investors are in Casablanca this week, asking how African countries can turn oil and gas potential into real investment.

The fourth “Journées Pétrole” forum is running from 20 to 23 May at the Royal Hideaway hotel. This year’s theme looks at how to make the sector more attractive and turn resources into long-term projects.

Having oil and gas is no longer enough. In a crowded global market, countries also need to show stability, clear rules, fair taxes and a strong energy plan that investors can trust.

Discussions are focused on practical issues. These include how governments are run, how transparent systems are, how disputes are settled, and how oil revenues are shared. There is also talk about using more local workers, building skills, developing natural gas and balancing oil with the energy transition.

Morocco was chosen to host the event for a reason. It is not a major oil producer, but it is seen as a stable and reliable place to invest. The country offers clear laws, solid infrastructure and strong links to regional and global markets. Its plans include the Nigeria–Morocco gas pipeline.

The forum brings together a wide mix of people. These include ministries in charge of energy, finance and the environment, regulators, lawmakers, national oil companies, global firms and financial institutions. Civil society groups and local communities are also part of the talks.

Several partners are adding technical insight. S&P Global is sharing its expertise on oil operations and gas development. Africa Finance Corporation is explaining what international lenders look for before funding projects. The International Chamber of Arbitration is focusing on disputes between governments and companies.

The event was launched in 2023 by 3M-Partners & Conseils. Since then, it has brought together nearly 300 senior officials from more than 35 institutions across 12 African countries. The firm has more than 17 years of experience, has completed close to 1,800 missions, and has worked in over 10 African countries.

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