DMWA Resources to Head Africa Oil & Power Trading Panel, Expanding Operations in Africa – Johannesburg

16 July, 2018

  • DMWA Executive Director Sebastian Wagner to moderate trading panel at Africa Oil & Power event.
  • The firm is exploring commodities trading and advisory opportunities across Sub-Saharan Africa.
  • DMWA seeks to raise funding for African resources companies through European investor roadshows

Executive Director of DMWA Resources Sebastian Wagner will join a select group of Africa’s energy leaders at the Africa Oil & Power conference on June 5-7, as company executives and government officials work together to address issues facing Africa’s oil, gas and power sectors.

At the AOP 2017 conference, billed as the elite event for energy policy and investment in Africa, Mr. Wagner will moderate a panel on oil and gas trading. The session includes, among others, panelists Guillaume Quiviger, Business Development Director at Vitol, Mustapha Fasinro, CEO at Linetrale Petroleum, and Cholo Seane, Executive Director at Aquila Petroleum and Chemicals Trading, and will address issues and challenges such as the stockpiling of oil and gas products; the impact on countries with underdeveloped storage infrastructure; and limited refining capacities across Africa.

Mr. Wagner joins government leaders including the President of South Sudan H.E. Salva Kiir Mayardit; Prime Minister of São Tomé and Príncipe H.E. Patrice Trovoada; and Prime Minister of Equatorial Guinea H.E. Francisco Pascual Obama Asue at the Cape Town conference. In addition, the event will host experts and business leaders including Dr. Thabo Kgogo, CEO of SacOil Holdings; Akin Odumakinde, Managing Director of DeltaTek; Paul Eardley-Taylor, Head of Oil and Gas at Standard Bank; and Ashley Brown, Executive Director of the Harvard Electricity Policy Group.

DMWA Resources, an emerging African commodities and advisory firm active in Cameroon, Nigeria, Equatorial Guinea, Chad and South Africa, is currently acting as an adviser on local content development initiatives in Equatorial Guinea and on the construction of a storage terminal in South Africa.

“With Africa’s next revolution presently unfolding in the power sector, we have set our eyes on West Africa gas-to power plays, both on the advisory as well as the proprietary investment and trading side”, says Mr. Wagner. “We are also pursuing a diversification into the soft commodities space, for example through a recently established cocoa trading venture in Cameroon.” Further, DMWA recently launched a series of investor roadshows in Europe for African companies seeking capital market funding. Karl Rheinberger, a seasoned capital markets veteran, is leading those efforts from DMWA’s Frankfurt branch office and has recently completed a roadshow for an East Africa oil and gas explorer, as well as an African infrastructure security solutions provider.

Schlumberger, DMWA Resources to Collaborate on Africa Oil and Gas Projects Johannesburg

13 July, 2018

  •  Mauritius/South Africa-based DMWA Resources signs MoU with Schlumberger.
  • Agreement paves the way for future collaboration on upstream oil and gas projects in Africa.
  • DMWA intends to grow its upstream asset portfolio in 2018.

DMWA Resources, an emerging African energy player, has entered into a memorandum of understanding with the world’s largest oilfield services company, Schlumberger, to collaborate on African oil and gas projects.

The three-year agreement, signed on 20 December 2017, reflects the intention of the parties to work together on energy projects in Central and West Africa and the emerging East Africa region. Effective immediately, the agreement kicks off discussions on the Schlumberger products and services that DMWA Resources would use to develop newly acquired upstream assets.

DMWA Resources will use its agreement with Schlumberger to consolidate and grow its upstream oil and gas position across Africa. “DMWA is currently looking at assets across Africa. We are successfully leveraging our team’s marketing and trading knowledge with the support of first class upstream firms like Schlumberger,” said Executive Director of DMWA Resources, Sebastian Wagner. “We see enormous value-add in offshore and onshore Africa, where huge opportunities have been overlooked by larger operators in the past. We and our partners have a different vision on Africa and are delighted with its geological prospectivity.”

Team of Oil Traders and Upstream Professionals Unveils DMWA Resources – OGPE

13 July, 2018

  • The firm combines a vast network of industry contacts with extensive African oil & gas industry experience to offer an unparalleled service to NOCs and multinational companies operating on the continent.
  • DMWA Resources will target plays and partnerships across West and Central Africa.

An oil & gas advisory, E&P and trading firm that aligns its unique industry skillset and network has landed on the African continent. DMWA Resources capitalizes on the extensive African knowledge and experience of its management and the financial firepower of large institutions to become the partner of choice for Africa’s governmental and private oil & gas institutions. The company is the brainchild of Sebastian Wagner, who previously worked as Business Developer and Trading Operations Manager for Trafigura and associated firms, managing oil trades across the barrel of African crude and refined products while simultaneously pursuing pre-financing opportunities with West and Central African sovereigns.

“DMWA Resources is a knowledge and relationship-driven oil & gas advisory firm,” said Mr. Wagner, the company’s Executive Director. “Our African-specific expertise provides a strong platform to showcase our value in the markets where we seek to provide advisory services, acquire prospective acreages and specialize in the resale of crude oil, natural gas and refined products. We assist our private sector partners in the industry’s ongoing consolidation, as well as our governmental clients in their financial and knowledge-based recapitalization.”

DMWA Resources is targeting various regions across Africa, including Equatorial Guinea, Chad, Congo-Brazzaville and Ghana. The company offers a range of petroleum industry and fiscal advisory services and partners with world-class partners with the capacity to undertake E&P ventures in Africa’s oil and gas sector. DMWA is built on a flat structure and is financially and structurally independent, which allows the company to partner with the energy industry’s heavyweights.

On June 6-7, 2016, DMWA will sponsor the Africa Oil & Power conference in Cape Town, South Africa, joining industry elites Gunvor Group, Marathon Oil, RoyalGate Energy, DeltaTek Group, General Electric and Centurion Law Group. DMWA will host a reception gathering African energy ministers, IOC’s, NOC’s and financial institutions. Mr. Wagner will moderate a Projects & Prospects Panel that discusses the reasons for success or failure of oil and gas projects in Africa’s competitive marketplace.