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G20’s Impact on African Regional Energy Development: A Focus on China

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China

Chinese companies are deepening their energy ties with Africa, as the African Energy Chamber’s investor forum in Shanghai next month highlights key opportunities ahead of African Energy Week 2025 in Cape Town later this year

CAPE TOWN, South Africa, February 25, 2025/APO Group/ –China’s growing influence in Africa’s oil and gas sector, particularly in exploration and production (E&P), continues to reshape the region’s energy landscape. At the heart of this expansion is China’s strategic interest in securing energy resources to fuel its growing economy while advancing its Belt and Road Initiative. As the global energy transition accelerates, China’s engagement with Africa’s oil and gas sector has evolved, reflecting both a long-term investment strategy and a deeper commitment to regional energy security.

China National Offshore Oil Corporation (CNOOC) is actively developing key oil fields across Africa, including Nigeria’s ultra-deep Egina field and the recently operational Akpo West field. In Niger, China National Petroleum Corporation (CNPC) signed a $400 million crude supply deal in 2024 and is building a 1,980-km pipeline linking the Agadem Rift Basin to Benin’s Atlantic Oil Terminal. In South Sudan, Dar Petroleum Operating Co., which counts CNPC and Sinopec as major shareholders, resumed production this month after nearly a year-long hiatus. Sinopec is also expanding its footprint in Algeria through a March 2024 agreement with Sonatrach, which includes plans for the Hassi Berkane Nord exploration zone. Meanwhile, United Energy Group is set to double its Egyptian output after acquiring Apex International Energy’s Western Desert portfolio, adding over 22,000 barrels per day to its production across five concessions.

In the Republic of Congo, Chinese firm Wing Wah is leading the Banga Kayo gas monetization project, converting flared gas into LNG, butane and propane. CNOOC is advancing Uganda’s Lake Albert project, targeting first oil from the Kingfisher field in 2025. In Mozambique, CNPC is a partner in the $30 billion Rovuma LNG project, expected to reach FID in 2026, while CNOOC signed agreements in April 2024 for five exploration blocks in the Save and Angoche offshore areas. CNOOC is also making waves in Gabon, drilling the Tigre-1 probe in a high-potential deep-water oil prospect, marking the company’s first exploration in Gabon’s deep waters in over five years.

China’s expanding role in Africa’s energy sector is not only reshaping regional markets, but also creating vital opportunities for investment

China’s energy investments in Africa extend beyond exploration and production to include vital infrastructure development, including pipelines, power plants and refineries. In Angola, China National Chemical Engineering Co. secured the EPC contract for the $6 billion Lobito Refinery, while China Engineering and Machinery Corp. was recently awarded the contract to build a 350 MW gas power plant in Nigeria. In South Sudan, CNPC and the government are exploring plans to build a new pipeline passing through Djibouti and Ethiopia, aimed at enhancing export capabilities as production increases in Blocks 3 and 7. Additionally, CNOOC is a key partner in the $5 billion East African Crude Oil Pipeline, which will facilitate the first Ugandan oil exports, with financing from the China Export-Import Bank and several other Chinese banks. These infrastructure projects are part of China’s broader push to integrate African nations into global energy supply chains, enabling greater energy access while supporting regional economic growth.

Looking toward 2025 and beyond, China’s role in Africa’s energy sector is expected to evolve in response to emerging trends in the global energy market, including the drive toward cleaner energy sources and greater emphasis on sustainability. Through companies like China General Nuclear Power Group (CGN), JinkoSolar and China Energy Engineering Group, China is funding wind, solar, nuclear and hydropower projects across the continent, reinforcing its commitment to the African energy transition. This shift aligns with China’s broader climate goals, which include achieving carbon neutrality by 2060, and highlights the growing synergy between China’s energy investments and Africa’s renewable energy ambitions.

As part of this growing collaboration, the African Energy Chamber (AEC) will host the Invest in African Energies investor forum in Shanghai on March 13, 2025.The event will focus on strengthening China-Africa relations and creating new opportunities for Chinese producers, investors and equipment suppliers to expand their footprint across Africa. The Shanghai forum will set the stage for the African Energy Week (AEW): Invest in African Energies conference in Cape Town, where key stakeholders will continue to discuss how China’s increasing energy investments in Africa can drive future development, support the continent’s energy transition, and unlock new avenues for energy cooperation across both traditional and renewable sectors.

“China’s expanding role in Africa’s energy sector is not only reshaping regional markets, but also creating vital opportunities for investment, infrastructure development and long-term energy security. As we prepare for the Invest in African Energies investor forum in Shanghai and African Energy Week 2025 in Cape Town, we look forward to strengthening partnerships that drive sustainable growth across both traditional and renewable energy industries,” said Leoncio Amada Nze Nlang, CEMAC Executive President at the AEC.

To register, visit: https://apo-opa.co/41hZqCm

AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event. 

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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