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Invest in Angola Roundtable Shines Spotlight on Industry Opportunities Across Africa’s largest Oil Producer

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Angola

The Invest in Angola event held at AEW 2022 showcases challenges and opportunities across Angola’s entire energy value chain whilst showcasing the country’s openness to energy investors

JOHANNESBURG, South Africa, October 20, 2022/APO Group/ — 

The Invest in Angola event held during the second day of the 2022 African Energy Week (AEW) (AECWeek.com) conference in Cape Town – sponsored by Sonangol and ANPG – featured high-level representatives from public and private sector energy institutions showcasing investment opportunities across the country’s rapidly expanding energy industry.

Moderated by Verner Ayukegba, Executive-Vice President of the African Energy Chamber (AEC), the panel discussion included Belarmino Chittargueleca, Executive Director, ANPG; Osvaldo A. Inácio, Executive Administrator, Sonangol; Edson Rodrigues Dos Santos, CEO, Somoil; Miguel Baptista, Managing Director – Central, East and Southern Africa · Schlumberger; Ian Clorke, COO Afentra and Billy Lacoble, Managing Director Chevron Angola, as speakers.

Commenting on investment opportunities across the country’s energy spectrum and why investors should flock to Angola, Chittargueleca said “We have mature and high prospective assets, a stable political environment and a lot of experienced companies that are still there. With our mature assets we can still create value for both the country and investors. We also have a lot of potential for new assets and for investors interested in renewables with the country increasing renewables deployment.”

We also have a lot of potential for new assets and for investors interested in renewables with the country increasing renewables deployment

Inacio added that “Angola’s business environment is open and stable. A good testament of this is Somoil, which is a relatively small firm but making very good strides and Chevron which has managed to remain in the country for decades because of reliable partners, the country’s expanding potential and favorable policies.”

Commenting on why Angola remains a main focus for Chevron after 60 years of operations, Lacoble stated that “Angola still has resources to be added, to be found and being developed in a stable environment. The availability of infrastructure enables resources to be brought onto the market quickly and easily. The current fiscal terms have made business more easy and transparent as the negotiation requirements to acquire and operate blocks are now easy.”

Speaking about why Afentra is seeking to expand operations in Angola, Clorke said “There is a lot to play with in the country. Angola represents the African energy transition. We see the next step being oil to gas and then to renewables and Angola is the perfect environment for that. Enhanced recovery rates, improved competition space and the availability of reliable partners are some of the aspects driving industry growth. There are also partnership opportunities with majors and as they diversify more growth for us.”

With inadequate activities and investments across the upstream sector challenging the growth of the industry as a whole, Chittargueleca stated that “The government has set up new regulations and policies to make our country competitive and we are conducting a study on how to stay competitive to increase exploration partners and investments. Regionally, we will be sharing information with our brothers on how to boost exploration. We are willing to negotiate as well with interested investors to maximize investments across the industry and make Angola the final destination of energy capital. Previously, it took 18 months to close a deal but now with the reforms enacted, it will take less than a year to sign new exploration and production deals.”

The panel discussion also highlighted Angola’s plans to accelerate exploration, drilling and the application of modern technologies to optimize upstream activities while prioritizing environmental and energy sustainability.

Commenting on the challenges disrupting the country’s energy sector, Inacio reiterated that “Angola’s geology is great, there are investment and infrastructure challenges but the ambition and resources are there.”

Distributed by APO Group on behalf of African Energy Week (AEW).

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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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