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S&P Global Commodity Insights Co-President Mark Eramo Joins African Energy Week (AEW) 2025 as Speaker

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Insights shared by Mark Eramo will not only help de-risk exploration and production but cultivate a deeper understanding of the state-of-play of Africa’s energy and commodities markets

CAPE TOWN, South Africa, May 13, 2025/APO Group/ –Mark Eramo, Co-President of global energy and commodities information provider S&P Global Commodity Insights has joined this year’s edition of the African Energy Week (AEW): Invest in African Energies conference as a speaker. Taking place September 29 to October 4 in Cape Town, the event positions Africa as a premier destination for foreign investment, uniting financiers, operators and technology providers to discuss strategies for de-risking and accelerating diversified energy development. Insights from Eramo will support this goal by broadening an understanding of Africa’s energy offerings and opportunities.

As an independent source of information, credit ratings, benchmark prices and analytics for global energy and commodities markets, S&P Global Commodity Insights plays an instrumental part in supporting decision-making across the industry through its world-class market data and expertise. At a time when the continent’s energy industry is experiencing rapid growth, this data proves highly valuable as companies look towards new frontiers, target increased production and assess opportunities in infrastructure-led exploration.

As the continent’s energy industry continues to evolve, insights and expertise by global information providers such as S&P Global Commodity Insights proves highly valuable

Amid the anticipated decline in mature assets, many major oil producers in Africa have set ambitious production goals, incentivizing innovative exploration strategies to achieve these targets. Libya targets two million barrels per day (bpd) by 2027 through the resumption of exploration. International energy companies to the likes of TotalEnergies, Eni, Repsol, OMV and bp have returned to the market, with ongoing drilling anticipated to yield positive results. Angola seeks to sustain output above one million bpd, introducing an Incremental Production Initiatives in tandem with annual licensing rounds to achieve this goal. The country is also promoting frontier opportunities, with exploration agreements signed with Vietnam’s XTG and Canada’s Recon Africa for the underexplored Etosha-Okavango basin. Algeria plans to inject as much as $50 billion into hydrocarbon projects in the next four years, seeking to drive exploration and bolster oil and gas production.

In the natural gas space, the continent is rapidly emerging as a major global LNG contender. Senegal and Mauritania began production at the Greater Tortue Ahmeyim project in late-2024, positioning the region as an LNG producer. The Republic of Congo’s Congo LNG project will start production at its second phase in 2025, following the start of operations at phase one in early-2024. The TotalEnergies-led Mozambique LNG project is slowly regaining momentum, with a $4.7 billion loan from the U.S. Export-Import Bank re-approved in March 2025. Production is targeted for the end of the decade. Meanwhile, the Tanzanian government aims to ratify the terms of the $42 billion Tanzania LNG facility by October 2025, while Angola has committed to increasing production capacity at the Angola LNG plant through non-associated gas projects. These projects are expected to diversify Africa’s energy industry while establishing key opportunities for revenue generation, sustainable development and economic growth.

Stepping into this picture, Eramo’s participation at AEW: Invest in African Energies will support dialogue and deals at this year’s conference. As a speaker, Eramo will share crucial insights into the state-of-play of Africa’s energy and commodities markets. The company has-longed provided key information that support the continent’s energy goals and will be instrumental at this year’s AEW: Invest in African Energies conference. S&P Global Commodity Insights is also a Strategic Partner of the African Energy Chamber (AEC), supporting both the company and AEW: Invest in African Energies’ goals to make energy poverty history by 2030.

“As the continent’s energy industry continues to evolve, insights and expertise by global information providers such as S&P Global Commodity Insights proves highly valuable. By providing high-level data and analytics, the organization supports decision-making, investments and collaboration,” states Tomás Gerbasio, VP Commercial and Strategic Engagement, AEC.

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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