The African Energy Chamber on Monday urged its member countries to take immediate action to ensure that the entire year is not lost for oil and gas operations across the continent.
"Unless African countries engage with operators and investors and let them readjust their work programs, the only solution left for companies will be to declare force majeure or suspend any activity on their block," said Nj Ayuk, Executive Chairman at the African Energy Chamber.
"Work programs adjustments is a major demand of the industry at the moment and key responsibilities need to be waived so exploratory and development drilling can only be deferred and not suspended or cancelled," he added.
He called on the member countries to implement the Chamber's Commonsense Energy Agenda and Guidelines for the Movement and Safety of Oil Workers. The former includes key measures for a short and medium-term recovery of the sector, the latter includes immediate actions and initiatives.
By taking swift action to allow the movement of oil workers and their safety, African countries can ensure that oil and gas operations continue safely and that the impact on exploration and production is minimized, said the Chamber.
Editor:Cherie
