API, African Energy Chamber sign MoU to expand natural gas, oil industry standards and initiatives
The American Petroleum Institute (API) and the African Energy Chamber (AEC), signed a Memorandum of Understanding (MoU) to collaborate on capacity building initiatives and standardization to enhance safety, environmental protection and sustainability in African countries producing natural gas and oil.
“API is pleased to collaborate with the AEC to expand use of our world-class standards and programs to help enhance the safety, transparency and sustainability of natural gas and oil operations across the African continent,” API Segment Standards and Services Vice President Alexa Burr said. “This is our first partnership with an African based organization, and we look forward to supporting AEC’s efforts to drive industry-wide technical knowledge.”
The number of petroleum producing countries in Africa has increased substantially, coinciding with a movement across the continent to enact robust, equitable and imminently more transparent policies. This continent-wide pursuit to increase the technical capacity of local organizations is of paramount importance in these natural gas and oil economies. It will be vital for public and private representatives of African host economies to work with the international petroleum industry and help ensure the developmental needs of the local markets are met while maintaining policies that allow for oil sector investment in these economies and accelerating the adoption of industry practices that enhance safety and environmental protection.
The MoU will facilitate collaboration between API and AEC members in several areas, including:
- Development of training programs and seminars
- Coordination, collaboration and sharing of the natural gas and oil industry’s good practices for environmental, health, safety, security and sustainability
- Organization of joint forums, conferences, roundtables, workshops, about energy issues and the continued multifaceted uses of natural gas and in the world’s energy future
“Our association with API is a milestone for the work we do, and we are confident we will see American ingenuity, a key component of the partnership between African producing nations and IOCs, at its best,” US-Africa committee Chair of the AEC Jude Kearney said. “America has a tried, true and tested tradition of developing and deploying best-in-class standards, and industrial ingenuity to safely develop natural resources in America and around the globe. We also have a proud history of partnering with the earliest oil producing countries in Africa to create stable petroleum sectors and sustained economic contributions. Our goal is to work with the API to further support African nations and businesses to build technical capacity, harmonize standards and attract investment to help Africans monetize their resources and combat energy poverty while growing their economies while prioritizing safety and the environment.”
Given the economic and transformative potential which Africa’s natural gas and oil industry holds, including the focus on human capital growth, supply chain development and local and international partnerships for talent and infrastructure development, the AEC is determined to place this collaboration at the forefront of its mission.
API represents all segments of America’s natural gas and oil industry, which supports more than ten million U.S. jobs and is backed by a growing grassroots movement of millions of Americans. The 600 members produce, process and distribute the majority of the nation’s energy, and participate in API Energy Excellence, which is accelerating environmental and safety progress by fostering new technologies and transparent reporting. API was formed in 1919 as a standards-setting organization and has developed more than 700 standards to enhance operational and environmental safety, efficiency, and sustainability.