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Major Oil & Gas Farm-In Prospects Unveiled at African Farmout Forum

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African Farmout Forum

The African Farmout Forum featured 16 companies presenting competitive farm-in opportunities across Africa’s oil and gas hotspots

CAPE TOWN, South Africa, November 5, 2024/APO Group/ — 

The African Farmout Forum – as part of the pre-conference workshops at African Energy Week: Invest in African Energies 2024 – featured 16 companies presenting competitive farm-in opportunities in Africa’s leading oil and gas hotspots.  

Led by global energy advisory Moyes, oil and gas asset deals platform Farmout Angel, and independent advisor Envoi, the forum serves as the premier platform for deal-making and pitching, enabling NOCs, small to medium-sized independents, and start-up energy companies to highlight their partnership and investment opportunities, while accelerating exploration and accessing project funding. 

PSAs 131, 190 and 206 – Somalia   

Liberty Petroleum Corporation is seeking a farm-in partner for PSAs 131, 190 and 206 offshore Somalia. These licenses contain exceptionally large mapped prospects, with an estimated 56 billion barrels of oil resources. Among these is the Leopard prospect, which alone is estimated to hold about 8 billion barrels of resources, highlighting new oil-prone opportunities offshore Somalia. 

Onshore PSCs – Timor-Leste  

Timor Resources is seeking a strategic investment of $20 million to fund three appraisal wells on two PSCs onshore Timor-Leste in exchange for equity in the project. The company has made three discoveries from its initial onshore wells, and the acreage is recognized as a significant conventional oil and gas play with substantial exploration upside. Timor-Leste offers a competitive fiscal regime, allowing 95% of revenue to be allocated to the operator for cost recovery, along with a 5% revenue royalty and additional benefits. 

Loukos Onshore License – Morocco  

Chariot Transitional Energy presented the Loukos Onshore license area in Northern Morocco, representing a near-term, low-risk and high reward appraisal opportunity. Operator Chariot has identified multiple drill-ready opportunities, which offer long-leads in existing inventory and rig availability in-country, along with competitive fiscal terms and license flexibility. These include the RJB-2 Re-Drill, OBA-1 Discovery Appraisal and Material Exploration opportunities.  

Offshore South West Tano Block – Ghana  

OSWT & EK Operating Company is seeking a partner to earn a significant working interest – and potentially operatorship – in the Offshore South West Tano block in Ghana. The block represents a multi-target, low-risk exploration well with tie-back or standalone development options, and lies between the Jubilee and TEN field developments and directly north of the Pecan field. Block prospectivity totals over two billion barrels in place spread across four prospects with a mix of exploration and appraisal targets. The first prospect set to be drilled – Edinam-1X – is scheduled for Q3 2025.  

OPL 332 – Nigeria  

Dajo Energy is seeking a co-developer to develop the Oil Prospecting License (OPL) 322 asset into production. Located offshore Nigeria, OPL 322 contains two major structures – Bobo and Aga thrust – with the Bobo field containing recoverable resources of 277 million barrels of oil and 1.2 trillion cubic feet (TCF) of gas. The Aga thrust is undrilled, but estimated to contain 885 million barrels and 2.5 TCF. The farm-in opportunity offers significant potential upside, with substantial gas resources with high commercialization potential, a possible five-year royalty holiday, and additional incentives under Nigeria’s new oil and gas fiscal and regulatory framework.  

Blocks 53, 53, 55, 71, 72 and 73 – Sierra Leone  

FA OIL is exploring partnerships for blocks 53, 53, 55, 71, 72 and 73, awarded under Sierra Leone’s fifth licensing round. The acreage spans more than 8,000 km², containing 14+ leads in water depths up to 4,000 m. Six out of 11 wells drilled have oil or gas shows or are discoveries. GeoPartners, in partnership with the Petroleum Directorate of Sierra Leone, are planning a new multi-client 3D seismic acquisition over the FA OIL acreage to help mature the leads identified on existing 2D seismic into drillable prospects. The campaign is set to begin July 2025.  

EG-18 and EG-31 – Equatorial Guinea   

Africa Oil Corp. is seeking to farm out interests in blocks EG-18 and EG-31, located offshore Equatorial Guinea. EG-18, positioned in a frontier exploration area within an emerging basin, includes the Jasper prospect – a “giant” target with multi-billion-barrel potential and proven play elements. In contrast, EG-31 offers an infrastructure-led, shallow water exploration opportunity in a mature basin, situated near the Alba field and Punta Europa LNG terminal. This low-risk, proven gas province boasts multi-TCF potential, comprehensive 3D seismic coverage and hosts the Massif and Whistler prospects. 

Deepwater Orange Basin – Namibia  

Namibia has attracted a wealth of major operators, resulting in substantial exploration and appraisal activity in 2023 and 2024. Following world-class hydrocarbon discoveries in 2022 by Shell and TotalEnergies, operators including Galp, Chevron and Woodside Energy have taken strategic positions in adjacent blocks, while non-operating partners such as QatarEnergy, Impact Oil & Gas, Africa Oil Corp. and Sintana Energy have made significant investments in the basin, creating additional farm-in opportunities. 

Marginal Field Development Program – Nigeria  

Decklar Resources and Millennium Oil and Gas Company are in discussions with potential investors and farm-in partners for the Oza field, located in the northern section of OML 22 onshore Nigeria. The license encompasses over 30 discovered oil fields, including producing fields operated by Shell, and benefits from well-established infrastructure with export pipeline access to the Trans Niger Pipeline, linking to the Bonny Offshore Terminal. Three wells previously drilled by Shell in the Oza field have collectively produced over one million barrels. 

Matanda Block – Cameroon  

Gaz du Cameroun (GDC) presented the Matanda block in Cameroon, an onshore gas farm-in opportunity with an established local market and fast-track monetization potential. The Matanda exploration block, located in the Douala Basin near the onshore Logbaba field, is recognized as a proven and active hydrocarbon system. Currently, GDC produces gas and condensate from the Logbaba field, transporting it via pipeline to industrial clients, including Dangote Cement. GDC is seeking an industry partner and is open to farming out up to a 37.5% interest in the PSC. 

Blocks 5 and 12 – São Tomé and Príncipe 

Oando Energy Resources is seeking a partner to advance its exploration commitments on Blocks 5 and 12 in the Exclusive Economic Zone of São Tomé and Príncipe. The country has seen recent licensing activity from Shell, Petrobras, TotalEnergies, Kosmos Energy and Galp. In phase one of its Block 12 work program, Oando has already completed 2,000 km² of 3D seismic and is now progressing into phase two, with plans to drill an exploration well in Q2 2025. 

Block KON6 – Angola  

Grupo Simples presented Block KON6, an onshore exploration opportunity in Angola’s Kwanza Basin. Spanning 1,042 km², KON6 is estimated to hold 382 million barrels of unrisked resources. Five wells have previously been drilled, with six leads evaluated in the first phase. Grupo Simples is targeting three primary leads – 1N, 1S, and 2 – and plans to launch additional seismic acquisition in January 2025, followed by the spudding of the first well in August 2025. The company seeks a partner to accelerate exploration and production activities, as well as diversify its risk.   

Licensing Opportunities – Democratic Republic of the Congo  

The Ministry of Hydrocarbons of the Democratic Republic of the Congo (DRC) has entered into direct negotiations on all of its acreage. This includes the Cuvette Central Basin, with four drilled wells and proven source rocks; the Lake Albert Graben, featuring multi-BCF discoveries in Uganda with an undrilled DRC side; Lake Tanganyika, supported by existing 2D seismic data; and the Coastal Basin, aligned with the Cabinda fields’ trend. In the Lake Albert acreage, the Ministry plans to reprocess existing data, acquire new 3D seismic on selected structures, and launch a restricted call for tenders in June 2025. 

Carbon Limits Nigeria  

Carbon Limits Nigeria (CLN) is seeking new upstream partners for emission reduction projects; investors targeting emission reduction projects to gain carbon credit exposure; and/or buyers of carbon credits generated from projects. Pan-African in focus, CLN provides solutions on clean energy utilization, climate change mitigation and carbon assessment of projects. The company currently has projects in Algeria, Egypt and Nigeria, where it is leading flare projects in OMLs 98, 56, 53 and 24.  

License SL2020A – Sierra Leone  

Innoson Oil and Gas is offering a significant equity position in exploration license SL2020A, located in deepwater acreage offshore Sierra Leone with existing discoveries. This area is underexplored and has geological similarities to the conjugate margin of Guyana. Innoson recently secured a four-year license extension and is seeking a farm-in partner to assist with 3D seismic interpretation to assess prospectivity and facilitate a drill-or-drop decision by March 2028. To date, five large leads have been mapped using 2D data, bringing the total to 16 leads, along with two wildcat wells drilled and three major discoveries: Venus, Mercury and Jupiter. 

Diender Permit – Senegal 

Africa Fortesa Corporation is seeking to farm out part of its interest in the Diender PSA Permit onshore Senegal, which boasts a scalable production base with significant transformational upside. This permit is part of the same play as the Sangomar field and has multiple TCF of recoverable gas potential, along with low exploration and production cost thresholds and strong local gas market demand. The planned work program includes drilling the Gadiaga field development well, followed by a three-well drilling program at NBW-1, AT-1PM and AT-2, as well as four appraisal wells. Africa Fortesa is looking for future funding for appraisal wells, field development and infrastructure partnerships for midstream and virtual pipelines. 

Distributed by APO Group on behalf of African Energy Chamber.

Energy

Angola Oil & Gas (AOG) Pre-Conference to Set the Stage for $70B Investment Drive

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Energy Capital

The AOG 2026 pre-conference in Luanda will advance investment, licensing, subsurface innovation, fiscal reform and local content strategies, setting the stage for Angola’s $70 billion upstream growth agenda

LUANDA, Angola, May 12, 2026/APO Group/ –The Angola Oil & Gas (AOG) 2026 conference and exhibition will once again host a dedicated pre-conference on September 8 in Luanda, ahead of the main event taking place from September 9–10. This strategic platform sets the technical and regulatory foundation for high-level discussions shaping Angola’s upstream and midstream investment landscape.

 

Featuring a series of in-depth presentations and workshops, the pre-conference runs from 09:00 to 18:00 and is designed to deliver targeted knowledge exchange through technical sessions and networking engagements. The program aligns closely with Angola’s objective of attracting approximately $70 billion in oil and gas investment over the next five years, setting the stage for conversation and deals-signings during the main conference agenda.

 

The pre-conference program emphasizes subsurface imaging and structural analysis across Angola’s most prospective basins, including the Lower Congo, Kwanza, Benguela and Namibe. Discussions will focus on unlocking pre-salt reservoirs, improving seismic clarity beneath complex salt formations and advancing exploration strategies in frontier and mature acreage.

 

In parallel, the pre-conference will address licensing opportunities and regulatory frameworks under Angola’s multi-year strategy lead by the National Oil, Gas & Biofuels Agency. Insights into the 2025/2026 licensing rounds will highlight offshore and onshore block availability, marginal field opportunities and progress under the Permanent Offer Program.

 

Fiscal competitiveness will form a central theme, with sessions benchmarking Angola’s evolving terms against global standards. Recent reforms – including reduced petroleum income tax rates, lower royalties for mature assets and increased cost recovery ceilings – have repositioned Angola as a more attractive destination for capital-intensive deepwater and gas projects.

 

The pre-conference also places strong emphasis on local content development and procurement optimization. With local participation reaching approximately 12% in 2025 and a national target of 20% by 2027, discussions will explore strategies to expand domestic capacity, strengthen supply chains and increase value retention within Angola’s energy economy.

 

Digital transformation is another core pillar of the program, reflecting the sector’s shit toward data-driven operations. Topics include the integration of AI-enabled systems, real-time monitoring of offshore assets, centralized data infrastructure and the modernization of regulatory oversight through digital platforms to enhance transparency and efficiency.

 

The structure of the day combines invitation-only networking sessions, in-depth technical workshops and targeted discussions on institutional strengthening. It concludes with a networking cocktail designed to facilitate deal-making and partnership building ahead of the main conference and exhibition.

 

The value of the pre-conference is underscored by outcomes of the 2025 edition, which delivered early insights into licensing rounds, supported multiple deal signings during the main event and introduced new engagement formats connecting local entrepreneurs with international investors and operators.

 

With participation expected from regulators, investors and technical experts across the energy value chain, the AOG 2026 pre-conference offers a focused environment to assess opportunities, understand regulatory direction and position for upcoming projects. Attendance is limited and demand is high. With slots filling up quickly, stakeholders are encouraged to secure their place at the AOG 2026 pre-conference to access critical insights and engage with key decision-makers shaping Angola’s next phase of energy growth.

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

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DHL Express expands global portfolio with new Heavy Weight Express Service for shipments up to 3,000 kg

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DHL

Heavy Weight Express is designed to meet the needs of industries where shipment reliability and timing are critical business drivers

  • Heavy Weight Express enables global heavyweight express shipping up to 1,000 kg per piece / 3,000 kg per shipment
  • Proactive shipment control through dedicated Heavy Weight Priority Desks ensures high reliability and customer service support
  • DHL Express expands in the heavyweight segment, responding to growing demand

 

DHL Express (www.DHL.com) announced the worldwide expansion of its Time Definite International portfolio with the introduction of Heavy Weight Express (HWX), an express air solution for shipments up to 1,000 kilograms per piece and 3,000 kilograms per shipment. With this launch, DHL Express strengthens its role as a leading global integrator capable of moving heavyweight cargo with express speed and reliability across more than 220 countries and territories, supported by a dedicated aviation and ground network that ensures stable uplift, predictable transit times, and globally consistent handling standards.

Heavy Weight Express is designed to meet the needs of industries where shipment reliability and timing are critical business drivers. The service integrates fast, time‑definite delivery with full end‑to‑end control, proactive monitoring, and transparent all‑in pricing that eliminates the rate volatility and cost uncertainties associated with other areas of freight. Customers benefit from guaranteed express transit times, comprehensive shipment visibility at every stage, and DHL’s uncompromising operational standards, including stringent handling procedures for shock‑sensitive, high‑value, or regulated goods.

Heavy Weight Express represents a strategically important step for our business, expanding the value that DHL Express brings to global supply chains

DHL Express CEO John Pearson said “Heavy Weight Express represents a strategically important step for our business, expanding the value that DHL Express brings to global supply chains. As industries face rising volatility, increasingly complex production cycles, and significant financial exposure from delays and supply chain disruption, DHL’s ability to offer express‑level speed, access to capacity and higher reliability for shipments up to 3,000 kilograms fundamentally changes the service levels that customers can expect from their logistics provider.”

 

“Across Sub‑Saharan Africa, we are seeing customers move larger, more critical shipments at faster speeds as industries scale, modernise and integrate into global value chains. Heavy Weight Express responds directly to that need—combining DHL Express’ unmatched time‑definite reliability with the capability to move complex, heavyweight shipments without compromise. This service gives businesses certainty, visibility and control at a time when supply‑chain performance is a key competitive advantage,” said Hennie Heymans, CEO DHL Express SSA.

The introduction of HWX is supported by the introduction of dedicated Heavy Weight Priority Desks around the world. These specialized teams are responsible for proactive tracking, early exception detection, real‑time intervention, and direct communication with customers to ensure uninterrupted shipment flow. Each heavyweight shipment receives dedicated case ownership, giving customers predictability and personal attention often associated with smaller or specialist logistics providers, but with the additional advantage of DHL’s global integrator infrastructure, standardized processes, and 24/7 operational control.

The solution directly addresses six critical heavyweight use cases observed across global industries: avoiding production downtime, managing program and product launches with immovable timelines, optimizing working capital by reducing inventory buffers, supporting procurement‑driven large‑scale shipping environments, complying with stringent special handling requirements, and stabilizing complex multi‑site supply chains. These use cases are especially prominent in the technology sector, automotive manufacturing, engineering and machinery, life sciences, pharmaceuticals, and the oil and gas and energy sectors—industries where even small delays can result in severe financial impacts.

Reducing shippers’ dependence on fluctuating airline capacity and removing the cost variability of add‑on fees and handling surcharges, HWX offers customers the stability of a single carrier from pickup to delivery. DHL Express manages its own aircraft fleet, hubs, gateways, customs operations, and last‑mile delivery—providing customers with predictability even during periods of global disruption or limited air capacity.

Distributed by APO Group on behalf of DHL Express.

 

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Artificial Intelligence (AI) Strengthens Angolan Oilfield Operations as Easy People Backs Angola Oil & Gas (AOG) 2026 as Sponsor

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Energy Capital

Easy People’s Silver Sponsorship reflects its ambition to position digital infrastructure and IT solutions at the forefront of Angola’s upstream market

LUANDA, Angola, May 12, 2026/APO Group/ –Angola’s oil and gas sector is entering a new phase of digital acceleration, where artificial intelligence (AI), cloud computing and enterprise IT systems are becoming integral to operational performance. Within this transition, IT services and consulting company Easy People is positioning itself as a partner of choice for operators seeking to scale efficiency through digital solutions.

 

Easy People has been confirmed as a Silver Sponsor of the Angola Oil & Gas (AOG) Conference and Exhibition, taking place September 9–10, with a pre-conference day on September 8. The sponsorship reflects its commitment to placing digital infrastructure at the forefront of Angola’s hydrocarbon development. Its participation comes amid a broader AI-driven evolution in the country, where digital tools are increasingly being deployed to address operational challenges across the oil and gas value chain.

With a target of sustaining crude production above one million barrels per day, Angolan operators are under pressure to reduce costs while improving efficiency. To balance these priorities, many are moving beyond traditional workflows toward integrated digital environments that optimize exploration, production and asset management. AI-enabled analytics, predictive maintenance and real-time monitoring are beginning to reshape asset performance, particularly in complex offshore operations where inefficiencies can quickly translate into cost overruns.

One of the clearest examples of this shift is Angola’s national oil company, Sonangol. The company inaugurated a new corporate data center in 2026, consolidating previously fragmented systems into a single, high-security hub. Designed to centralize operational control, the facility supports Angola’s broader digital and energy transition agenda. By enabling faster processing of seismic and production data, it is helping move decision-making toward real-time, AI-enabled workflows and away from siloed legacy systems.

Angola’s Block 15 partners are also advancing AI-driven applications across operations. ExxonMobil is deploying autonomous drones for visual and acoustic inspections, reducing inspection times by around 60%. At Blocks 17 and 32, TotalEnergies is using Airborne Ultralight Spectrometer for Environmental Applications drone technology to measure methane emissions, while service providers such as Cabship are leveraging AI-powered software to improve operational visibility and accelerate decision-making.

Within this evolving ecosystem, Easy People plays a supporting but increasingly strategic role. By delivering scalable IT solutions tailored to operator needs, the company enables both major producers and independent players to integrate digital tools into core workflows. This is particularly relevant as independent operators expand their footprint in Angola and require flexible, cost-effective systems to remain competitive alongside larger incumbents.

AOG 2026 provides a platform to align these technology capabilities with industry demand. As Angola works to sustain production, address infrastructure constraints and improve project economics, digital transformation is emerging as a parallel priority alongside upstream investment. The participation of companies like Easy People reflects a broader recalibration in the sector: the next phase of Angola’s oil and gas growth will increasingly be shaped by data integration, systems intelligence and the operational application of AI.

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

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