The”Big Barrels” To Revive the Energy Sector in Africa

The''Big Barrels'' To Revive the Energy Sector in Africa
The''Big Barrels'' To Revive the Energy Sector in Africa

Africa’s Leading Energy lawyer and entrepreneur NJ Ayuk with João Marques aim to revive Africa’s Energy Sector with a New Book titled ”Big Barrels; African Oil and Gas and the Quest for Prosperity”

In spite of  Mother Africa’s abundant natural resources of oil and gas and others, she is still branded as a continent perpetually suffering from corruption, abject poverty, poor governance, military conflict and tragedy.

How can African nations use their oil to diversify and industrialise their nations? How can they use oil and gas resources to create a  sustainable value chain?

The Big Barrels is here to upgrade Africa oil and gas sector as it showcases examples of countries where the ‘Resource Curse’ is being overcome. NJ Ayuk and Joio Gaspar Marques have placed a finger right on the pulse of Africa’s future prosperity.

The Big Barrels was launched at the Africa Oil & Power 2017 conference held in Cape Town (Africa’s elite energy event). This energy elite event ran from June 5-7.

Africa Oil & Power 2017 conference had a 12-panel session, which included topics on upstream, power, policy and finance, addressed the “lower for longer” oil price environment and also examined the “catalysts for change” that will ignite a recovery in the African oil and gas market.

N.J Ayuk of Centurion Law Group believes that oil and gas provide African countries with the fastest route to prosperity and Natural Resources are a pedestal for building nations, building economies and building wealth.

The Big Barrels also shows us that there are positive lessons to be learned from the tragic resource dependencies of countries like Nigeria, Congo, and Equatorial Guinea; and from the new milestones that are emerging as each country adjusts and corrects the course.

A resourceful lawyer and an active player in building countries and shaping economies and societies, N.J Ayuk have intimately witnessed the transformative impact of the oil and gas industry on the continent and Equatorial Guinea is a close example where he used his expertise to lobby for the rich oil nation into OPEC.

Congratulations to NJ Ayuk and João Marques. We all hope the great stories, lessons and solutions offered in this beautiful piece will effectively free Africa from the myth (resource course) of the old age.

Get your copy of the Big Barrels from Amazon Now!

 

About NJ Ayuk:

A leading energy lawyer and a strong advocate for African entrepreneurs, NJ Ayuk is recognised as one of the foremost figures in African business today. A Global Shaper with the World Economic Forum, one of Forbes’ Top 10 Most Influential Men in Africa in 2015, and a well-known dealmaker in the petroleum and power sectors, NJ has dedicated his career to helping entrepreneurs find success and to building the careers of young African lawyers.

As founder and CEO of Centurion Law Group, a pan-African law firm, NJ strives through his work to ensure that business, and especially oil and gas, impacts African societies in a positive way. NJ graduated from University of Maryland College Park and earned a Juris Doctor from William Mitchell College of Law and an MBA from the New York Institute of Technology.

About João Marques:
Energy analyst and editor João Marques is a seasoned Africa specialist with in-the-field reporting experience from Africa’s petroleum hotspots. Now based in Lisbon, Portugal, João writes for numerous international publications and websites on issues of energy, policy and economics.

In recent years he has published oil and gas industry reports on Gabon, Angola, Tanzania, Uganda, Madagascar, São Tomé and Principe, and South Africa, covering the full spectrum of Africa’s petroleum markets from frontier exploration to trading and petrochemicals. João holds an Erasmus Mundus Double Master of Arts degree in Journalism and Media within Globalisation.

 

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