CAPE TOWN, South Africa, May 28, 2026/APO Group/ –Hon. Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), Federal Republic of Nigeria, has been confirmed as a featured speaker at African Energy Week (AEW) 2026, where he is expected to outline Nigeria’s accelerating upstream transformation and its expanding role as one of Africa’s leading oil and gas investment destinations.

 

Nigeria’s energy sector has recorded one of its strongest investment cycles in a decade, driven by regulatory reforms under the Petroleum Industry Act (PIA), improved fiscal incentives and renewed confidence from international oil companies (IOCs) and indigenous operators.

 

In 2025 alone, Nigeria approved 28 new Field Development Plans valued at $18.2 billion, unlocking an estimated 1.4 billion barrels of crude oil reserves, according to government disclosures. These approvals mark a decisive shift toward accelerating project execution timelines and reversing years of stalled upstream development.

 

Lokpobiri has consistently credited this momentum to reforms under the PIA, alongside faster licensing processes and investment-friendly fiscal adjustments. Speaking in Abuja earlier this year, he noted that Nigeria secured four of seven major Final Investment Decisions in Africa between 2024 and 2025, positioning the country as a leading upstream investment hub on the continent.

 

A central pillar of this resurgence is Shell’s Bonga deepwater complex, where the company has taken a $5 billion final investment decision on the Bonga North project, a subsea tie-back expected to add over 300 million barrels of recoverable resources and significantly boost long-term output from the FPSO hub. The development is widely viewed as a benchmark for Nigeria’s renewed deepwater competitiveness.

 

Meanwhile, ExxonMobil’s planned investment in the Usan deepwater oil field is expected to inject up to $1.5 billion between 2025 and 2027, supporting production revitalization through new drilling and infrastructure upgrades.

 

Alongside IOC-led expansion, Nigeria’s indigenous producers are increasingly central to near-term output growth, with Heirs Energies targeting up to 100,000 barrels per day as it ramps up development across its onshore Niger Delta portfolio, including OML 17. This momentum is complemented by Seplat Energy’s optimization of its expanded onshore portfolio following the ExxonMobil acquisition, reinforcing the growing role of local operators in stabilising production and driving Nigeria’s short-term output gains.

 

Lokpobiri is also expected to highlight Nigeria’s broader energy transition framework at AEW 2026, which seeks to balance oil production growth with gas monetization, domestic refining expansion and increased local content participation. His policy messaging has consistently emphasized that Nigeria’s oil and gas sector is structured to accommodate both IOCs and a growing base of indigenous operators.

 

“Nigeria is once again proving what is possible when policy meets execution,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “Under leaders like Heineken Lokpobiri, we are seeing renewed seriousness about production, investment and getting projects across the line – from deepwater developments to indigenous-led growth. This is exactly the kind of momentum Africa needs: not promises, but barrels, projects, and bankable deals.”

 

As AEW 2026 prepares to convene policymakers, investors, and operators from across Africa and beyond, Lokpobiri’s address is expected to serve as one of the defining policy moments of the conference – spotlighting Nigeria’s resurgence at the center of Africa’s upstream growth story and its ambition to convert recent investment momentum into sustained production gains.

CAPE TOWN, South Africa, May 27, 2026/APO Group/ –Energy solutions provider Zarein Energy will participate as a Gold Sponsor at the 2026 edition of African Energy Week (AEW) 2026, scheduled for October 12–16 in Cape Town. The company’s participation comes as it accelerates development of the Kwale Free Trade Zone gas and petrochemical project in Delta State, Nigeria, targeting large-scale gas processing, captive power generation and petrochemical manufacturing.

 

Held under the theme “Invest in African Energies: Affordable and Abundant Energy Additions,” AEW 2026 serves as the premier platform connecting investors, operators, infrastructure developers and policymakers across the African energy sector. Zarein Energy’s sponsorship underscores growing investor attention on Nigeria’s gas monetization, industrialization and special economic zone strategies.

 

Incorporated in July 2024, Zarein Energy operates as a private midstream-focused company targeting gas-to-industry commercialization. The company’s strategy avoids upstream exploration risk, instead focusing on processing infrastructure, logistics integration and captive utility systems designed to bridge stranded gas reserves with industrial consumers across West Africa.

 

Its flagship Kwale Free Trade Zone project is being developed as a 1,000-hectare integrated industrial and midstream hub in Delta State. The project, formally launched during a groundbreaking ceremony led by Delta State Governor Sheriff Oborevwori, is designed to provide reliable lower-cost utilities for energy-intensive manufacturing sectors operating within Nigeria’s expanding industrial corridor.

 

The development is strategically anchored to the OB3 (Obiafu-Obrikom-Oben) gas pipeline network and incorporates a four-layer gas supply structure. Primary feedstock sources include the Kwale Gas Gathering Hub alongside supply connections linked to Zenergie’s Processing Plant, Ebendo-Energia, Pillar and Agip’s Kwale-Okwai flow stations. Infrastructure plans support regional throughput volumes ranging from 40 million standard cubic feet per day (MMscf/d) to 300 MMscf/d.

 

Zarein Energy’s industrial framework includes scalable gas processing plants, petrochemical production lines and centralized captive power generation facilities positioned directly alongside industrial tenants. By collocating utility infrastructure with manufacturing operations, the company aims to reduce transmission losses, stabilize power availability and lower operational costs for manufacturers establishing operations within the free trade ecosystem.

 

The broader Kwale Free Trade Zone master plan also segments operations into dedicated petrochemical, agro-processing, manufacturing and logistics zones. High-clearance transport corridors and logistics yards are being designed to improve regional trade flows to Nigerian coastal ports and neighboring West African markets. Eight major corporate entities including Zarein Energy, have already secured operational layouts within the industrial development.

 

“Zarein Energy’s participation as a Gold Sponsor at African Energy Week 2026 reflects the growing momentum behind Nigeria’s gas commercialization and industrialization agenda. The development of the Kwale Free Trade Zone demonstrates how African companies are creating integrated infrastructure that converts natural gas resource into power, petrochemicals and long-term industrial growth,” says NJ Ayuk, Executive Chairman, African Energy Chamber.

 

As the Kwale Free Trade Zone advances through FEED compliance, permitting and pipeline route validation stages, Zarein Energy continues expanding technical recruitment partnerships and strategic financing discussions. Their participation at AEW 2026 is expected to support the company’s broader capital formation, partnership outreach and regional visibility objectives as Nigeria intensifies efforts to commercialize domestic gas reserves and expand industrial energy infrastructure.

CAPE TOWN, South Africa, May 27, 2026/APO Group/ –Iyunola Adekanye, Partner at Dentons Nigeria, has been appointed to the Advisory Board of African Mining Week (AMW) 2026 – The Most Influential Mining Conference in Africa.

 

Adekanye’s appointment reinforces AMW’s mission to convene African stakeholders and global investors under one roof for strategic partnerships aimed at unlocking the continent’s $8.5 trillion worth of untapped mineral resources, including its 30% share of global critical minerals.

A seasoned legal advisor with over 17 years of experience, Adekanye specializes in complex multi-party transactions, regulatory compliance, financing structures, mergers and acquisitions (M&As), joint ventures and corporate governance across the extractive and energy sectors. Her expertise will be pivotal in guiding AMW’s discussions on regulatory reforms, cross-border transactions, investment frameworks and M&A opportunities shaping Africa’s mining landscape.

Executives like Adekanye are crucial in supporting African nations as they implement reforms to attract investment and advance local beneficiation.

In Nigeria, for example, the government is pursuing a multi-pillar mining strategy, including a national geo-mapping exercise, sector restructuring and new laws aimed at attracting global investors. In 2025 alone, the country secured $1.3 billion in mining sector investments, reflecting growing investor interest and the increasing demand for legal expertise to navigate complex transactions – an area where Adekanye’s knowledge is indispensable.

“AMW is committed to integrating leading legal and regulatory expertise into our agenda, and Iyunola’s appointment strengthens our ability to address the evolving needs of Africa’s mining sector,” stated Rachelle Kasongo, Event Director for AMW. “Her guidance will be critical in shaping sessions on regulatory best practices, transaction structuring and investment facilitation, helping unite African stakeholders and global financiers in strategic partnerships.”

Adekanye’s advisory role also underscores AMW’s commitment to gender inclusivity and women’s empowerment in leadership positions within Africa’s mining industry.

Under the theme Mining the Future: Unearthing Africa’s Full Mineral Value Chain, AMW 2026 will take place from October 14–16 in Cape Town. The event will feature high-level discussions on best legal practices to accelerate the growth of Africa’s mining sector.