Connect with us
Anglostratits

Business

Mozambique’s President Nyusi Joins Presidents at Africa Energy Week (AEW) 2023 to Discuss Africa’s Sustainable Future

Published

on

Nyusi

Marking his return to the African Energy Week conference in Cape Town, Mozambique’s President Filipe Nyusi will once again address delegates at the important gathering, engaging with the respective Presidents of Namibia, Uganda and Senegal and the former President of Nigeria as they chart a pathway towards a sustainable energy future

JOHANNESBURG, South Africa, October 8, 2023/APO Group/ — 

Mozambique’s President Filipe Nyusi has been at the forefront of a series of industry-advancing developments in the country. Under his leadership, the country has seen noteworthy success across its energy sector, with a strong slate of foreign companies driving several large-scale projects in close collaboration with the National Oil Company Empresa Nacional de Hidrocarbonetos (ENH). Under efforts to drive the southern African region into a new era of security, President Nyusi continues to showcase resilience and a commitment to a just and inclusive energy transition in Africa.

In line with the event mandate to make energy poverty history by 2030, the African Energy Chamber (AEC) is proud to announce that President Nyusi will once again address delegates at the African Energy Week (AEW) conference in Cape Town. Taking place from October 16-20, President Nyusi’s address marks his return to this highly important event. President Nyusi joins regional Presidents in Cape Town to discuss the pathway towards a sustainable and secure energy future in Africa, including Senegalese President Macky Sall; Namibian President Hage Geingob; Ugandan President Yoweri Museveni; and Nigeria’s former President Olusegun Obasanjo.

Mozambique stands at the intersection of Africa’s energy security and transition agenda, serving as a strong example of how natural gas can accelerate both accessibility and sustainability goals. The country already represents a major green energy producer, with projects such as the 2,075 MW Cabora Bassa Hydropower project providing power to the regional community. In tandem with renewable expansion plans – the country is targeting a wave of solar, hydro and power investments – Mozambique is advancing its oil and gas developments with the aim of electrifying and growing the southern African economy.

As Africa moves to advance a just and inclusive energy transition, Mozambique’s resources and leaders such as President Nyusi will be of strategic importance

The country has been monetizing onshore gas from the Pande and Temane fields for several years, with South Africa’s Sasol importing via the ROMPCO pipeline. Offshore, major projects are making headway, all of which are poised to transform the country. These include the $20 billion TotalEnergies-led Mozambique Liquefied Natural Gas (LNG), with a capacity of 43 million tons per annum (mtpa); the ExxonMobil-led Rovuma Area 4 LNG Trains 1 & 2, with a capacity of 18 mtpa; and the Eni-led Coral Sul Floating LNG project, with a capacity of 3.4 mtpa. Coral Sul achieved first LNG export in late 2022, marking a major milestone for the country.

These billion-dollar initiatives have showcased the potential for large-scale offshore investments, and with most of the country’s resources largely untapped, opportunities for E&P players remain prevalent. Mozambique’s proven natural gas resources are measured at 100 trillion cubic feet (tcf), with proven plays across both onshore and offshore acreage. Other energy companies such as Galp, Shell, Kogas and more are active in the country, but opportunities continue to grow for both regional and international firms. On the oil side, the untapped oil-rich basins of Angoche and Zambezi have enticed the participation of players such as Eni, Sasol, Delonex Energy and ExxonMobil, and yet further opportunities lie awaiting investment. Strategically located in close proximity to high-demand regional markets as well as international consumers, the country’s gas resources will remain of central value for years to come.

President Nyusi believes that Mozambican energy will be instrumental for making energy poverty history in southern Africa. Speaking during last year’s edition of the conference, President Nyusi stated that, “the suffocation that Africa is facing is not due to a lack of resources. Africa is home to 850 tcf of gas in addition to other resources which can play an important role in addressing energy poverty. It is critical to continue reforming the regulatory environment in order to attract more investment.”

“President Nyusi has been at the helm of some of Africa’s biggest natural gas developments,” stated NJ Ayuk, Executive Chairman of the AEC. “While faced with challenges regarding project developments, President Nyusi has shown dedication to engaging with both foreign companies and local communities under efforts to advance energy projects and unlock the full potential of Mozambique’s offshore gas resources. As Africa moves to advance a just and inclusive energy transition, Mozambique’s resources and leaders such as President Nyusi will be of strategic importance.”

AEW 2023 features the most comprehensive lineup of African energy and petroleum ministers as well as Presidents, all of whom have joined the conference with the objective of alleviating energy poverty and industrializing the continent. Centered on signing deals and advancing dialogue around Africa’s position in global energy affairs, AEW 2023 serves as a form of prelude to COP28 discussions about Africa’s energy transition. Leading this dialogue will be President Nyusi among other regional government heads. Join the AEW 2023 conference and take part in the discussions about Africa’s energy renaissance. 

Distributed by APO Group on behalf of African Energy Chamber.

Business

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

Published

on

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.

 

Continue Reading

Business

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

Published

on

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.

Continue Reading

Business

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

Published

on

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.

Continue Reading

Trending