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The fall of the Euro, a boon for investors

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Euro

83% of investors in Portugal foresee a rise in demand from tenants for sustainable properties

LISBON, Portugal, October 27, 2022/APO Group/ — 

For the first time in two decades, the US dollar and the Euro hit parity in July 2022. The currency, shared by 19 European countries, has slumped more than 11 per cent since the beginning of this year.

But the weakened Euro holds great economic significance for businesses as well as individuals, especially those earning and spending in US dollars, or in currencies pegged to the dollar. In terms of real estate too, while certain property values have gone up, the cost in plenty of areas has come down from what it was two years ago.

“June 2022 alone recorded the highest figures with over €78 million investments in the Portugal Golden Visa program, a first since 2020.”

Rise in numbers: 

  1. More than €78 million investments in Portugal Golden Visa in June. 
  2. Real estate in Lisbon growing at a rate of 2.5% annually since 2016. 
  3. Santa Maria da Feira experienced an annual growth of 12%. 
  4. Demand for properties has grown by 20% in Porto and Sintra.  
  5. 83% of investors in Portugal foresee a rise in demand from tenants for sustainable properties. 

This certainly also makes it the best time to invest in a long-term residence permit in Europe. June 2022 alone recorded the highest figures with over €78 million investments in the Portugal Golden Visa program, a first since 2020.

Jeremy Savory, founder and CEO of Savory & Partners – a leading global residency and citizenship by investment (RCBI) company headquartered in Dubai, says, “If I can talk about the impact in the context of the RCBI industry, it’s an excellent opportunity for those earning in dollar-pegged currencies. Right now, many investors see everything turning red in terms of stock, crypto, and real estate. Now is the time for people to invest in something that is already discounted, diversifies their currency, and with interest rates that don’t directly affect their investment.”

June 2022 alone recorded the highest figures with over €78 million investments in the Portugal Golden Visa program, a first since 2020

Real estate boom

Savory points out that the Portuguese Golden Visa program is one of the best ways for investors to access this market. Adding, however, that time is of essence here. Cyprus has closed down its citizenship program and the Montenegro citizenship program is expected to close by the end of the year, Turkey has increased its investment threshold and Greece is expected to follow suit.

“I think we have some months before it comes into effect. Portugal only changed their legislation nine months ago, so I can’t see them changing it again so soon. Increased threshold does not mean higher fees. It means you just end up buying more real estate and there’s nothing wrong with buying more property.”

Best places to invest in real estate in Portugal

As a long-term resident of Portugal himself, Savory says Portugal’s golden visa gives the investor the opportunity to be part of one of the most progressive real estate destinations in the world.

Three popular neighbourhoods across Portugal that according to him are the best for families to choose to buy a home in are Melides, the Municipality of Oeiras and Belem. “Melides, right next to Comporta, is fast becoming one of the most expensive price per sqm attracting ultra HNW Europeans and Americans”, he says, adding that you can invest in an office space in Oeiras, get a Golden Visa, and you would get very high-quality tenants too.

A personal favourite of Savory, Belem, with its beautiful parks, beach-front restaurants and cultural landmarks is a preferred real estate investment.

Jeremy alongside his wife, Helena Savory, expanded the family business with the RCBI company, and with just the two of them in the beginning, Savory and Partners has now grown to become a global corporation with over 60 industry experts worldwide.

Helena Savory, Managing Director of the company and a mother of two young boys says access to exceptional education, high quality healthcare, low cost of living, safety and its amazing climate made Portugal a preferred option for her to gain residency in as a family and businesswoman.

“As an example, a coffee and the much-loved pastry, Pastel de Nata, would cost you not more than €1 (equivalent to $0.96 cents), which shows you the unbelievably low cost of living in Portugal.” – Helena Savory

Helena adds that Portugal’s education sector is impressively expansive. Its higher education system is ranked as the 35th best in the world. Public education is free and compulsory until the age of 18. She notes that the country occupies the sixth position in the ranking of countries with the highest percentage of women entrepreneurs, ahead of countries such as Spain, Italy or Ireland. “Women are making their way to the top of the business ladder, and investment migration can help them take their success to a global stage.”

Portugal is witnessing an increased interest in investors looking for property and recently, the Green Visa scheme was introduced through which investors can obtain the Portuguese passport with an investment in environmental projects. 

Savory and Partners has a strong bilingual team in Lisbon and offices across the world to help investors find the best residency option for themselves. Find out more by visiting www.SavoryandPartners.com.

Distributed by APO Group on behalf of Savory and Partners.

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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