African oil firms join forces on energy poverty: PETAN Boss

Wole Ogunsanya, chairman of Petroleum Technology Association of Nigeria, says African oil and gas firms are joining forces to tackle energy poverty.
Mr Ogunsanya disclosed this at the 2026 Offshore Technology Conference Africa Energy Forum series on Tuesday in Houston, Texas, U.S.
He said the initiative supports ongoing government-to-government efforts under the African Petroleum Producers Organisation, which was set up to boost cooperation among oil-producing nations and improve energy access across Africa.
He also noted that while governments were setting up an African Energy Bank to fund development, the private sector must help turn investments into production and shared growth.
“This is why we created the African Local Content Association,” Mr Ogunsanya said, explaining that the body brings together indigenous oil and gas companies across Africa to promote collaboration, capacity building, and resource sharing.
According to him, the association helps companies network, trade, and share technical expertise and equipment across borders, strengthening Africa’s capacity to develop its energy resources.
“Africa remains energy poor in spite of its abundant resources,” he said, stressing that the continent has the lowest energy consumption levels globally.
He added that improving energy access is directly tied to broader development indicators, including food security and life expectancy, noting that developed regions such as the United States and Europe consume significantly more energy.
“To improve living standards, Africa must increase energy production and consumption,” Mr Ogunsanya stated.
He revealed that the African Local Content Association, inaugurated in Nigeria, already has representation from multiple countries, including Senegal, Angola, Ghana, and Congo, and that active collaboration is underway among member nations.
“These partnerships are already driving exchanges in expertise and operations across borders, all aimed at boosting energy production and ultimately improving lives across Africa,” he said.
Mr Ogunsanya restated that the association is open to additional partnerships, expressing optimism that greater private-sector cooperation will accelerate the continent’s path toward energy security and economic growth.
Similarly, Victor Smith, Ghana’s ambassador to the United States, said Ghana is promoting diaspora-driven investments to unlock energy opportunities.
Mr Smith said that Ghana was intensifying efforts to attract foreign investment into its energy sector by promoting strategic partnerships between international investors and African diaspora communities.
He reiterated that sustainable economic transformation across Africa depends on stronger collaboration that blends foreign capital with local and diaspora participation.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Economy
Afreximbank supports Nigerian firm’s project with $81.9 million loan for regional expansion
The expansion will also increase Veenock’s current workforce from 200 to 500, boosting job opportunities for an additional 300 people.

Politics
Abure-led Labour Party faction to announce presidential alliance soon: Official
Mr Olorunfemi maintained that the Abure-led faction remained the party’s authentic leadership.

States
Police arrest suspected cable vandal in Gombe
The police said the cables were vandalised from the high-tension electricity line running from the 301 Army Artillery Regiment to the Gona area.

Abuja
MMA: Ayana, Ezekiel shine at Akalaka 009 night in Abuja
Jackiel Ayana and David Ezekiel emerged winners at the Akalaka 009, tagged ‘The Battle of the Mystic Sword’, an action-packed night of mixed martial arts and exhibition boxing.

States
Etsu Nupe congratulates Sultan of Sokoto on 20th anniversary on throne
The Etsu Nupe described the milestone as a remarkable celebration of purposeful leadership, spiritual guidance, service to Islam and commitment to peace.

Heading 4
Be watchful when flying; they want to execute you, Primate Ayodele warns Atiku
The cleric advised Mr Abubakar to seek protection, remain vigilant, and be more conscious of his movements.





