Advertisement
Ask Nigeria Header Logo

NAPE calls for more capital in energy sector

Photo of author

By Samuel Abimbola

According to NAPE, more funding is key to accelerating geological discoveries.

As the largest professional association of Petroleum geologists and related disciplines in Nigeria and Africa, the Nigerian Association of Petroleum Explorationists (NAPE) has issued a call for increased Investment in the country’s oil and gas sector, emphasising the crucial role of capital injection in driving exploration and production. The association noted that Nigeria’s upstream industry is witnessing renewed momentum, and additional funding is necessary to accelerate geological discoveries and maximise the country’s hydrocarbon potential. They revealed their strategic focus on attracting Investors ahead of the Africa Oil Week (AOW) scheduled for September 15, 2025, in Ghana.

Advertisement

The association stated that the forum presents an opportunity to showcase the country’s growing presence in the energy sector and position it as a leader in Africa’s oil and gas industry. They emphasised that Nigeria is at the forefront of uncovering new geological frontiers, redefining global perspectives on the Niger Delta, and screening new ventures for exploration. The group further underscored their commitment to promoting the untapped hydrocarbon resources of the local area, stressing that new investments will drive growth and enhance the country’s competitiveness in the global oil and gas market.

Nigeria’s strategic impacts on Africa’s energy future.

Meanwhile, their participation at AOW 2025 is expected to generate heightened anticipation, with industry stakeholders eager to explore the latest geological discoveries. The institution noted that capital investment and deal-making have become more critical than ever, given the growing global demand for energy and the need to secure sustainable resources. To strengthen the nation’s role in the oil and gas future, the professional association announced a strategic alliance with the European Association of Geoscientists & Engineers.

Advertisement

Also, the partnership aims to develop an unmatched program that will spotlight the nation’s thriving upstream sector at the event. The initiative is expected to enhance knowledge exchange, technological advancements, and collaboration among industry leaders. In addition, Paul Sinclair, Vice President of AOW Energy, emphasised the importance of this alliance, stating that it marks a notable milestone for Africa’s oil and gas sector. He pointed out that as Nigeria and Ghana ramp up production, the necessity for capital investment and industry partnerships is more urgent than ever.

Ghana Corporation expressed its commitment to host the events.

Furthermore, the Ghana National Petroleum Corporation (GNPC) also reaffirmed its commitment to hosting top energy leaders and national oil company executives at the upcoming event. However, NAPE continues reiterating its role as a driving force in Nigeria’s oil and gas sector, advocating for increased exploration and investment in upstream activities. The association stated that Nigeria’s growing presence at AOW 2025 reflects its readiness to tap into global partnerships and unlock new oil and gas opportunities. Meanwhile, the organisation has consistently championed initiatives to foster innovation, support research in petroleum geosciences, and advance the practice of oil and gas exploration.

Advertisement

It provides a platform for professionals, including geologists, geophysicists, engineers, and consultants, to exchange knowledge and contribute to the sector’s growth. Beyond industry collaborations, NAPE is critical in promoting the study and practice of petroleum geosciences. The association ensures its members remain at the forefront of the evolving energy landscape through Professional Development programs, mentorship, and technical training. By encouraging research and technological advancements, NAPE supports the development of innovative solutions that enhance industry exploration.

Related Article: Oil income cap may affect 2025 revenue target

Lastly, the institution engages with government authorities and stakeholders to advocate for policies that create an enabling environment for the petroleum sector. As Nigeria prepares to showcase its energy potential, NAPE remains dedicated to fostering partnerships to attract investment, drive exploration, and ensure the country maintains its position as a key player in the global energy market. The call for increased investment is crucial to achieving a more resilient and prosperous Petroleum Industry for Nigeria and Africa.

Advertisement


Disclaimer

The content on AskNigeria.com is given for general information only and does not constitute a professional opinion, and users should seek their own legal/professional advice. There is data available online that lists details, facts and further information not listed in this post, please complete your own investigation into these matters and reach your own conclusion. Images included with this information are not real, they are AI generated and are used for decorative purposes only. Our images are not depicting actual events unless otherwise specified. AskNigeria.com accepts no responsibility for losses from any person acting or refraining from acting as a result of content contained in this website and/or other websites which may be linked to this website.

Advertisement