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African Energy Week (AEW) 2023 Welcomes UTM Offshore as Official Sponsor of the Invest in Nigeria Energies Spotlight

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African Energy Chamber

The African Energy Chamber is proud to announce UTM Offshore as the official sponsor of the Invest in Nigeria Energies forum, taking place during African Energy Week 2023

JOHANNESBURG, South Africa, August 18, 2023/APO Group/ — 

As Nigeria’s energy sector grows, service companies are playing an increasingly more important role in driving the sustainable development of the energy value chain. Companies such as UTM Offshore, a Nigerian-based marine and logistics services company, have and will continue to be instrumental in supporting the sustainable growth of the industry while advancing energy access and industrialization. 

In this regard, the African Energy Chamber (AEC), representing the voice of the African energy sector, is proud to announce that Nigerian marine and logistics services provider UTM Offshore is the official sponsor of the Invest in Nigeria Energies country spotlight session at the African Energy Week (AEW) conference. AEW represents the continent’s premier event for the energy sector and is scheduled to take place from 16-20 October in Cape Town. UTM Offshore’s sponsorship of the Nigerian country spotlight session follows the company joining the conference as a Platinum Sponsor, and is a testament to the commitment of UTM Offshore to spearhead discussions and deals in Nigeria’s energy market.

With Nigeria prioritizing the development of its 200 trillion cubic feet of proven natural gas reserves for a just and inclusive energy transition, the role of companies such as UTM Offshore continues to grow. Natural gas represents a priority resource for the government, owing largely to its sustainability and availability, and UTM Offshore is committed to expanding the domestic gas market.

UTM Offshore’s commitment towards the expansion of Nigeria’s economy has paved the way for the development of critical facilities and infrastructure

Since the company’s establishment in 2012, UTM Offshore has played a central role in developing, managing and deploying solutions for the maritime and oil services sectors in West Africa. The company has prioritized partnerships with regional and global energy companies and investors as part of a broader strategy to accelerate the penetration of new investments in Africa’s energy sector. With a focus on delivering sustainable solutions for the monetization of energy resources in Africa, UTM Offshore works towards advancing energy security and socioeconomic development.

One of the company’s largest gas developments underway is the UTM Offshore-led Floating Liquefied Natural Gas (FLNG) project, located in Akwa Ibom State. Representing the first FLNG deployed in the country, the project will enhance gas monetization in Nigeria. In December 2021, the company signed an agreement with the African Export–Import Bank (Afreximbank) for the provision of $5 billion in funding to develop the project. Following the initial deal, the firm also partnered with global engineering and services firms including JGC Corporation, Technip Energies and Kellogg Brown & Root to fast-track the project’s deployment. In July 2023, UTM Offshore and Afreximbank inked the preparation facility agreement for the project.

In addition to pioneering the FLNG project, UTM Offshore plays a key role in accelerating infrastructure development in Nigeria through the provision of world-class and innovative marine and logistics services. UTM Offshore’s distinguished role as a platinum sponsor for AEW 2023, coupled with their esteemed position as the official sponsor of the Invest in Nigeria Energies session, is a testament to its commitment to driving investments and empowering the future of Nigeria’s energy industry.

“UTM Offshore’s commitment towards the expansion of Nigeria’s economy has paved the way for the development of critical facilities and infrastructure. By pioneering the country’s first FLNG project, UTM Offshore is spearheading Nigeria’s just energy transition, and other African energy companies stand to learn a great deal from UTM Offshore,” stated NJ Ayuk, the Executive Chairman of the AEC.

As the official sponsor of the Invest in Nigeria Energies spotlight at AEW 2023, UTM Offshore will participate in high-level panel discussions, presentations, and exclusive networking and deal signings, showcasing the company’s strategic plan within Nigeria’s burgeoning energy sector. The country spotlight takes place under the AEW 2023 umbrella theme, “The African Energy Renaissance: Prioritizing Energy Poverty, People, the Planet, Industrialization, and Free Markets,” and will unveil a spectrum of investment and partnership prospects within the West African country.

AEW is the AEC’s interactive exhibition and networking event uniting African energy stakeholders, driving industry growth and development, and promoting Africa as the destination for African-focused events. For more information about sponsorship, attendance, and partnership opportunities, visit www.AECWeek.com

Distributed by APO Group on behalf of African Energy Chamber.

Business

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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