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Afentra Chief Operating Officer (COO) Joins African Energy Week (AEW) 2025 to Discuss Maximizing Output Across Africa’s Mature Assets

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Afentra

With a core portfolio in Angola, Afentra is building a diverse portfolio of production, near-field development and exploration assets in Africa

CAPE TOWN, South Africa, May 26, 2025/APO Group/ –Ian Cloke, COO of Africa-focused oil and gas upstream company Afentra, has joined the African Energy Week (AEW): Invest in African Energies conference as a speaker. During the event – scheduled for September 29 to October 3 in Cape Town – Cloke is expected to share insight into the company’s strategy for breathing new life into Africa’s maturing assets. As an independent company with a diverse portfolio of production, near-field and exploration assets, Afentra is well-positioned to discuss how junior and independent operators can support production growth in Africa.

With its core portfolio in Angola, Afentra has gradually expanded its presence across the market while seeking new opportunities in regional markets such as the Republic of Congo. Onshore Angola, Afentra secured a 45% non-operated interest in Block KON 15 in April 2025. In July 2024, Afentra signed a formal agreement with Angola’s upstream regulator the National Oil, Gas & Biofuels Agency for the acquisition of a 45% non-operated interest in Block KON 19. Both blocks are situated in the proven yet under-explored onshore Kwanza basin and are adjacent to the legacy Tobias and Galinda oilfields. As such, they offer significant potential for rapid exploration and appraisal. At AEW: Invest in African Energies 2025, Cloke will share insight into Afentra’s investment strategy in Angola, including its expansion into the onshore market.

Afentra is spearheading efforts in this regard, unlocking greater value from the continent’s producing fields

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.

In addition to onshore assets, Afentra is targeting increased output at Angola’s offshore blocks, with stakes in Blocks3/05, 3/05Aand 23. In May 2024, the company increased its holding in Blocks 3/05 and 3/05A, following the acquisition of non-operated interests from international energy company Azule Energy. Afentra’s stakes increased to 30% in Block 3/05 and 21.33% in Block 3/05A, with the company inheriting 480,000 barrels of crude oil stock as part of the transaction. Striving to boost production in Angola, Afentra is working closely with the country’s national oil company Sonangol – the Block 3/05 operator – to optimize output at the asset. In a short period of time, the partners increased production at the block from 17,000 barrels per day (bpd) to 22,000 bpd, with plans to bolster output even further. The company is also evaluating a range of investments to support and upgrade existing infrastructure, while evaluating the potential installation of water injection systems, with several light well injections carried out over the past two years.

At Block 3/05A, the operator Sonangol alongside Afentra and other block partners are assessing strategies to boost production. Subsurface mapping has been completed to identify future potential production of injection wells, with the data ranked alongside other rig-related opportunities for selection in the potential 2026/2027 drilling campaign. The project partners restored production in 2023 following a five-year shutdown, with the Gazela-101 well averaging 1,248 bpd gross during 2024. Meanwhile, Block 23 – operated by Namibia’s NOC NAMCOR with 40%, Afentra with 40% and Sonangol with 20% – also holds significant potential. Covering an area of 5,000 km² in the offshore Kwanza basin, the block has a proven working petroleum system.

“Africa’s maturing assets still hold significant upside potential, with new technologies and the expertise of junior and independent players set to revitalize production across these blocks. Afentra is spearheading efforts in this regard, unlocking greater value from the continent’s producing fields. As countries continue to improve their operating environments for independent players, companies such as Afentra are expected to play an even larger role in the continent’s exploration and production landscape,” states Tomás Gerbasio, VP: Commercial and Strategic Engagement, African Energy Chamber.

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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