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Accelerating Sustainable Hydrocarbon Developments in Africa: SLB Joins African Energy Week 2023 as Bronze Sponsor

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Hydrocarbon

Global technology company SLB has joined the African Energy Week 2023 conference as a bronze sponsor

JOHANNESBURG, South Africa, August 29, 2023/APO Group/ — 

As Africa’s energy sector grows and new investment is directed into the continent’s vast oil and gas basins, the role service companies play in integrating technological advancements with sustainable oilfield practices continues to expand. Companies such as SLB (formerly Schlumberger), a global technology company with an extensive footprint across Africa, are at the forefront of this transformation, delivering innovative ideas to producing low-carbon oil and gas in Africa.

At this year’s African Energy Week (AEW) conference and exhibition, SLB is a bronze sponsor. Set to take place October 16–20 in Cape Town, AEW is a gathering of key stakeholders in the African energy sector, including government officials, industry leaders, investors, and experts, coming together to discuss and shape the future of Africa’s energy landscape. The company’s sponsorship underscores the importance of Africa in the global energy industry and highlights SLB’s dedication to facilitating the continent’s sustainable energy growth.

Present in almost every major producing region in Africa, SLB has a long-history of driving successful project developments across the continent. In West Africa, the company has been present for over 80 years, and has dedicated itself to understanding the region’s unique challenges, optimizing hydrocarbon recovery, and improving production. SLB provides comprehensive support throughout the E&P life cycle, from reservoir characterization and drilling to production and processing performance. Offshore Guinea benefits from the company’s expertise through a high-quality 2D prestack time-migrated dataset, crucial for evaluating exploration and production activities in the area.

SLB’s impactful activities in Africa signify a transformative stride towards bolstering the continent’s energy security and sustainability

With a commitment to Africa’s energy sector that extends beyond advocacy, SLB initially established its regional headquarters in Dakar, Senegal, in 2022, demonstrating its dedication to the continent’s sustainable energy development. Subsequently, in 2023, SLB took another significant step by opening a state-of-the-art regional office in Lagos, Nigeria. This strategic progression signifies SLB’s proactive approach to not only enhancing the employee experience but also fostering a sustainable business environment for the benefit of all stakeholders in two key African locations.

In Southern Africa, the company is working on the Angola Depth Imaging Project, focusing on advanced depth imaging techniques to improve subsurface mapping in the country. Additionally, the company is a key contributor to the Angola 3D Reimaging Survey, reprocessing existing 3D seismic data to gain a more comprehensive understanding of Angola’s geology. The company also offers an extensive multiclient data library for offshore Mozambique, encompassing both 2D and 3D seismic data, and is actively acquiring 15,000 km2 of broadband 3D seismic data in the Mozambique Angoche Basin. These projects collectively reflect its commitment to advancing Africa’s energy sector by providing critical data and expertise for exploration and production activities in the region.

The company also plays a key role in North Africa. In 2023 SLB inked a significant contract with Libya’s National Drilling Company, a subsidiary of its National Oil Corporation, to undertake drilling operations for three new wells situated in the Nesr and Al Waha fields. SLB’s technical assistance and expertise will enhance the operational efficiency of the sector, furthering Libya’s ambitions in the energy domain.

SLB’s role in Africa as a service and technology company is pivotal in the continent’s energy transition. The company’s extensive experience and advanced technologies are essential for enhancing efficiency, sustainability, and reducing carbon emissions. SLB provides valuable expertise in sustainable energy practices, drives innovation, and fosters economic growth by generating employment and technology transfer. In essence, SLB plays a vital role in propelling Africa toward a greener and more sustainable energy future.

“SLB’s impactful activities in Africa signify a transformative stride towards bolstering the continent’s energy security and sustainability. The company’s commitment to technological excellence and sustainable practices not only advances Africa’s energy sector but also aligns with our collective vision of a prosperous, secure, and environmentally responsible energy future for Africa and its people,” states NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC).

As AEW 2023 approaches, SLB’s bronze sponsorship will contribute to the event’s success by fostering meaningful discussions, facilitating valuable partnerships, and furthering dialogue on advancing Africa’s energy sector towards a sustainable and prosperous future.

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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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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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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