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Advancing Sustainable Oil and Gas (O&G) Investments: Savannah Energy Joins African Energy Week (AEW) 2023 as Bronze Sponsor

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Savannah Energy

The African Energy Chamber is proud to announce that Savannah Energy has joined the African Energy Week 2023 conference as Bronze Sponsor

JOHANNESBURG, South Africa, September 18, 2023/APO Group/ — 

As International Oil Companies divest from carbon-intensive oil and gas projects, independent players are taking on the challenge of sustainably developing hydrocarbons in Africa. Given the continent’s growing demand and industrialization efforts, bringing new oil and gas supplies on the market has become increasingly vital. Companies such as African-focused British-based independent energy company Savannah Energy Plc (“Savannah”) are spearheading efforts to unlock the full potential of Africa’s hydrocarbons, alongside utility-scale renewable energy projects across the continent, and are set to play a much larger role as African countries invite new investment into the energy sector.

Savannah has joined the African Energy Week (AEW) 2023 conference – taking place from 16–20 October in Cape Town – as a Bronze Sponsor, and will leverage the platform’s networking opportunities to connect with governments and policymakers. The event serves as the largest gathering of energy stakeholders on the continent, and offers sponsors and delegates alike the chance to sign strategic deals. Savannah’s CEO Andrew Knott and senior managers will speak at the conference this October, providing insight into the company’s development agenda, top priorities in the short- and long-term, and commitment to partnering with African countries in pursuit of energy security.

Representing a key driver of sustainable energy developments, Savannah’s participation at AEW 2023 will not only help showcase the opportunities for independents in Africa but will help promote the role oil and gas continues to play in making energy poverty history on the continent. Through sustainable and technology-led operations, companies such as Savannah are a testament to the commerciality and potential this industry offers. The company has an active footprint across the continent as well as plans to expand its presence even further. In December last year, Savannah announced its proposed US$1.25bn acquisition of PETRONAS International Corporation Limited’s entire oil and gas business in South Sudan, comprising interests in 64 producing fields.

In Nigeria, the company is active in both the up- and midstream oil and gas industries. The company’s upstream assets include two large-scale onshore oil and fields – Uquo (80%) and Stubb Creek (51%) – while in the midstream, holds a controlling 80% interest in Accugas, a business which operates a 200 million standard cubic feet per day processing facility and a 260km gas pipeline network. Accugas currently supplies approximately 24% of the country’s thermal power generation capacity.

Savannah’s primary focus is on participating in Projects that Matter in Africa

Meanwhile, in Niger, Savannah’s license interests cover approximately 50% of the country’s primary petroleum basin, the Agadem Rift Basin., while in Cameroon, Savannah owns an effective 41.06%1 interest in the Cameroon Oil Transportation System. As such, Savannah continues to position itself as a key E&P driver in Africa.

Further to these, Savannah’s investments in renewable energy projects in Africa underscores its commitment to sustainable energy. Through its renewable energy division, the company has announced up to 525 MW of hydroelectric, solar photovoltaic and wind energy projects on the continent to date. These include the up to 75 MW Bini a Warak Hydroelectric Project in Cameroon, which is set to provide clean, stable and affordable power to Cameroon’s northern region, where it is expected to increase on-grid electricity generation capacity by over 50%. Project sanction is expected in 2024 with first power targeted in the 2027 to 2028 window.

As a Bronze Sponsor at AEW 2023, Savannah will participate in exclusive networking and panel sessions, showcasing the company’s growth strategy. Savannah will promote the role the company plays in Africa’s just energy transition, and how an integrated approach to energy development will help bolster energy security.

“Savannah has emerged as a strong partner for Africa. Through its operations in Nigeria, Cameroon and Niger, and its planned operations in South Sudan, the company is dedicated to unlocking the full potential of African oil and gas while supporting the continent’s just energy transition,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC).

“Savannah’s primary focus is on participating in Projects that Matter in Africa. We want to meaningfully contribute to the economic development of the countries in which we operate through the development of businesses and projects that make a material difference to those countries. Lower income countries, where the need for low priced energy to deliver life changing economic growth is highest, will see hydrocarbons form a much greater part of their energy mix in the decades to come compared to the developed world. Therefore, we fully expect to continue to acquire, develop and operate hydrocarbon businesses and re-invest the cash flows we generate into both hydrocarbon and renewable energy projects for the benefit of our host countries. We firmly believe that Africa needs both hydrocarbons and renewables if it is to be given the opportunity to grow and lift ever more of its citizens out of energy poverty.” Andrew Knott, CEO of Savannah.

AEW is the AEC’s annual conference, exhibition, and networking event. AEW 2023 will unite African energy policymakers and stakeholders with global investors to discuss and maximize opportunities within the continent’s entire energy industry. For more information about AEW 2023, visit www.AECWeek.com.

On 20 April 2023, Savannah announced that its wholly owned subsidiary, Savannah Midstream Investment Limited (“SMIL”), had signed a Share Purchase Agreement with the national oil company of Cameroon, Société Nationale Des Hydrocarbures (“SNH”) for the sale of 10% of the issued share capital in the Cameroon Oil Transportation Company (“COTCo”). Completion of the transfer of the shares from SMIL to SNH will result in SMIL’s shareholding in COTCo reducing from 41.06% to 31.06%.

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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