Like I said, most of the IPPs have developed capacities and I can make bold to say that many of the heads of the IPPs are either SPE members or have benefited in one way or the other from SPE human capacity development, and so they would fill in the technical and leadership gaps created. Also, much will be expected from the IPPs to keep the industry thriving as they are taking over from IOCs in the near future.
SPE has always been technology-centric as the vision of SPE is centered around technical and professional competence development for its members. There are new introductions of technical subject workgroups at the SPE International level that tend to cover the new skill sets required for the present and the future; of which Artificial Intelligence, sustainability, Machine Learning, automation, and other areas of digital transformation are part of them.
The need to approach energy transition in Africa with specificity was the main reason. The world all over is faced with energy challenges amidst the call for decarbonisation but Africa has barely attained energy efficiency, not to talk about sustainability.Renewable is just one of the energy mix. How will renewable energy affect the oil and gas industry?
They will complement each other but in the nearest future, hydrocarbons will dominate the energy mix and for most African countries, the funding for renewables will come mostly from the responsible development of oil and gas resources.For a start, the definition of “green energy” is still evolving and we can see that from the recent pronouncements in Europe on natural gas following the ongoing geopolitical unrests.
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