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Namibia’s Historic Energy Potential to be Highlighted at African Energy Week (AEW) 2023

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African Energy Week

Considered one of the final frontier hydrocarbons markets in the world, Namibia has rapidly emerged as one of the hottest offshore plays following a series of high impact discoveries

JOHANNESBURG, South Africa, July 12, 2023/APO Group/ — 

Three major oil discoveries made in less than one-year, attractive fiscal policies and market-focused regulations, and a strong partner in the national oil company (NOC) have made Namibia one of the world’s most enticing hydrocarbon plays in 2023. Eager to capitalize on this growing interest, the government has put in place an ambitious growth agenda centered around private sector participation, and therefore has opened up lucrative opportunities for investors and project developers active across the entire energy value chain.

During this year’s edition of African Energy Week (AEW) – the continent’s premier event for the energy sector, taking place in Cape Town from October 16-20 – a dedicated Namibian country spotlight session will provide stakeholders with the information and tools they need to invest and join in the promising Namibian energy market. Led by a delegation of high-level industry professionals including Namibia’s Minister of Mines and Energy Hon. Tom Alweendo and representatives from the NOC Namcor, the country spotlight will explore all of the reasons why Namibia is the next big hydrocarbon play.    

What makes Namibia’s energy market so unique is that it is relatively undeveloped and yet offers significant potential across every facet of the natural and mineral resource sectors. On the oil and gas front, exploration efforts were rewarded by three major breakthroughs in 2022 and 2023, with energy majors Shell, TotalEnergies and Qatar Energy announcing discoveries at the Venus-1X, Graff-1X and Jonker-1X wells. These finds have sparked an investor frenzy, with new E&P companies entering the market and active explorers accelerating exploration campaigns. Canadian explorer ReconAfrica is rapidly progressing with its onshore upstream campaign in PEL 73 – announcing an updated prospective resource estimate of 22.4 trillion cubic feet last month -; TotalEnergies is currently engaged in a multi-well appraisal and exploration drilling program in Block 2913B; while ExxonMobil and Chevron are expanding their Namibian acreage.

The AEW 2023 Namibian country spotlight will outline these opportunities, promote future prospects while connecting new players to the growing market

Downstream, the government is working towards putting the right infrastructure in place to support long-term economic growth. With the Southern African region experiencing an energy crisis, the Namibian government is prioritizing power generation, with future oil and gas resources playing a role. Currently, the country’s gas-to-power strategy is spearheaded by the Kudu project, a major initiative aimed at leveraging offshore gas reserves for power generation. The 450 MW plant will monetize offshore gas resources while contributing towards energy security and the reduction in electricity imports. With the three new discoveries, Namibia’s gas-to-power play has become even more promising.

As the country’s energy demands grow, there is a need for a robust downstream infrastructure to support the distribution and supply of petroleum products. Investors can participate in the expansion and modernization of service stations, storage facilities, and distribution networks, ensuring a reliable and efficient energy supply to meet Namibia’s growing needs. What’s more, the government has prioritized local content, eager to ensure the population reaps the maximum rewards of the growing hydrocarbon market. Namibia recognizes the importance of public-private partnerships for local capacity building in the energy sector. These partnerships focus on knowledge transfer, skills development, and technology transfer, creating opportunities for investors to collaborate with local institutions and contribute to the growth of the Namibian workforce.

While Namibia’s oil and gas sector has enticed a strong slate of players, the country’s renewable energy sector has emerged as one of the biggest investment opportunities worldwide. Abundant solar and wind resources coupled with a conducive environment for foreign investment has seen regional and global interest turn to the country’s green hydrogen prospects. With the European Union looking at increasing investments in African green hydrogen under the Green Deal Industrial Plan while importing up to 10 million tons of green hydrogen and its derivatives by 2030, Namibia stands to play a much larger role in global supply chains. Hon. Alweendo and the government are working on establishing a green hydrogen hub, and while billion-dollar projects have already kicked off – Hyphen Hydrogen Energy and the government inked a deal for the next phase of a $10 billion green hydrogen project in May 2023 – significant opportunities remain for foreign investors and green hydrogen companies.

“Namibia is taking all the right steps to establish a strong, competitive and long-lasting energy sector in-country. From implanting market-focused regulation to collaborating with global energy companies and regional governments to opening up the sector to private sector participation, the country is on the precipice of transformative growth. The AEW 2023 Namibian country spotlight will outline these opportunities, promote future prospects while connecting new players to the growing market,” stated NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC).

The Invest in Namibian Energies country spotlight at AEW 2023 will feature a roundtable discussion, a series of presentations and project profiles, private meeting opportunities and networking summits, enabling stakeholders to meet, connect and sign deals.

AEW is the AEC’s annual energy event uniting global investors and project developers with African energy opportunities. The event serves as the biggest gathering of energy stakeholders on the continent, and this year, takes place under the theme, ‘The African Energy Renaissance: Prioritizing Energy Poverty, People, the Planet, Industrialization and Free Market.’ Visit www.AECWeek.com for more information.

Distributed by APO Group on behalf of African Energy Chamber.

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

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Etu Energias

As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

Distributed by APO Group on behalf of Energy Capital & Power.

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Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

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Energy

The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

Distributed by APO Group on behalf of Energy Capital & Power.

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