AI to Transform Africa’s Ageing Oilfields: AEW 2025 Spotlight

CAPE TOWN, SOUTH AFRICA – June 11, 2025, Access Multimedia Content

Artificial Intelligence (AI) is fast becoming a game-changer in the African oil and gas industry, particularly in reviving productivity at ageing oilfields. As the continent accelerates digital transformation, African Energy Week (AEW): Invest in African Energies 2025, scheduled for September 29 to October 3 in Cape Town, will spotlight how AI-powered enhanced oil recovery (EOR) is shaping the future of African hydrocarbons.

With global AI investment in oil and gas projected to grow from $3.54 billion in 2025 to $6.4 billion by 2030, major players like Baker Hughes, Repsol, and SLB are already integrating machine learning, predictive analytics, and big data tools across African operations. Notably, SLB launched its Africa Performance Center in Luanda this year to provide AI-backed digital support to oilfield operators.

AI’s value in EOR lies in its ability to optimize reservoir management. Unlike traditional EOR that often relies on simplified models, AI can process vast geological and production datasets to forecast oil recovery more accurately, recognize operational patterns, and extend field life. These advances promise smarter, low-carbon oil production amid global energy transitions.

In parallel, policy reforms are catalyzing digital adoption. Angola’s Incremental Production Initiative (2024), which offers tax incentives for reinvestment in mature fields, already yielded discoveries like ExxonMobil’s Likembe-01 well. Moreover, in May 2025, the African Union Commission declared AI a continental strategic priority, setting the stage for broader technology integration across legacy assets.

AEW 2025 will feature expert-led panels and workshops on AI, EOR, and digital transformation, connecting policymakers, investors, and innovators to advance Africa’s energy development agenda.

“Africa’s oil and gas assets hold immense value, and AI is the key to unlocking resources efficiently and sustainably,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “AI will breathe new life into Africa’s ageing oilfields, maximizing value and driving smarter production.”

For more, visit: www.AECWeek.com