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Africa Energy Partners Joins African Energy Week (AEW) 2024 as Partner Amid Surge in African Block Opportunities

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African Energy Week

Taking place November 4-8 in Cape Town, the conference will showcase available acreage and block opportunities in Africa’s oil and gas industry

CAPE TOWN, South Africa, July 11, 2024/APO Group/ — 

Africa’s upstream market continues to attract a slate of new investment as companies capitalize on emerging block opportunities across the continent. Play-opening discoveries in emerging markets and new finds in mature basins showcase the level of prospectivity across the continent’s oil and gas industry and a strong line up of licensing rounds expected in the coming months promise to connect potential investors with African blocks.

Committed to supporting the promotion, marketing and delivery of African oil and gas licensing rounds, international consultancy firm Africa Energy Partners (AEP) has partnered with the African Energy Week (AEW): Invest in African Energy conference – scheduled for November 4-8 in Cape Town. As a partner, AEP will bring its extensive network and expertise to the event, facilitating crucial discussions on licensing rounds and block negotiations. 

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit http://www.AECWeek.com for more information about this exciting event.

Africa offers a wealth of undeveloped acreage across both offshore and onshore markets

To attract a broader range of companies to invest in oil and gas exploration, various African countries are expected to launch or conclude hydrocarbon tenders in 2024/2025, all of which aim to maximize output in producing markets or create viable industries in burgeoning oil and gas plays. Nigeria launched an oil licensing round in April 2024, with 12 offshore blocks available. The round aims to incentivize investment in deepwater acreage. Sierra Leone plans to launch its next licensing round in 2024 on the back of the success of its latest and fifth round – which featured 56 blocks and concluded last September. Additionally, Tanzania is expected to launch its fifth oil and gas licensing round shortly, with licenses set to be awarded by December 2024. Up to 26 blocks have initially been allocated for tender. Following its 2023 tender – which concluded in January 2024 and secured 53 bids – Angola is planning to launch a 2025 licensing round in Q1 of next year, featuring ten blocks in the Kwanza and Benguela basins.

With over thirty years of experience in the African oil and energy sectors, AEP collaborates closely with African ministries, NOCs, regulators, IOCs and technology firms to drive successful upstream tenders. AEP engaged in the Liberia Direct Negotiations 2021–2023, participating in discussions with the government of Liberia, the state-owned National Oil Company of Liberia and Liberia Petroleum Regulatory Authority and service company TGS. This resulted in energy major ExxonMobil submitting an Expression of Interest. Additionally, the successful conclusion of the Lake Albert Blocks in the Democratic Republic of the Congo (DRC) Bid Round was recently supported by AEP. As evidence of the growing awareness of the DRC’s energy potential and AEP’s capacity to draw in foreign investors to support the nation’s oil and gas development, the country received an Expression of Interest from an ASX-listed oil and gas company – yet to be announced.

Meanwhile, the firm also supported Sierra Leone’s fifth offshore licensing round – which was launched in 2022 and extended into 2023 due to high levels of interest. The company partnered with the Petroleum Directorate of Sierra Leone (PDSL) to promote the round, which aimed to connect companies with undeveloped acreage in the country which resulted in F.A. Oil licensing 6 highly prospective blocks. AEP are currently working with the Directorate on the direct negotiations which will close on the 27th of September. Last month, geological service firm GeoPartners, in partnership with PDSL, introduced a legacy 2D seismic dataset that was shot by Amaco to the market in hopes of further attracting investments offshore Sierra Leone.

“Africa offers a wealth of undeveloped acreage across both offshore and onshore markets. Upcoming licensing rounds in both producing and emerging markets promise to not only unlock new resources for the continent but generate high returns for investors given rising global demand and industrialization efforts in Africa. Companies such as AEP provide critical support for successful licensing rounds,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

“With African governments keen to attract rapid investment into their open acreage we have utilized our network of 1000’s of up-to-date C-level decision makers to swiftly evaluate opportunities and it has worked very well in Sierra Leone, Liberia & the DRC. With good fiscal terms backed up with firm G&G prospectivity, the messaging needs to be promoted far and wide and this is what we do for our clients. If you couple this with face-to-face meetings at Africa Energy Week to accelerate the process results in a win-win for governments & investors. Last year’s AEW was superb with an outstanding mix O&G executives from around the globe and I know that this year’s event will be even better” said Matt Hewitson, Managing Parter of Africa Energy Partners.

As a partner to AEW: Invest in African Energy 2024, AEP will bring its extensive network and expertise to the event, facilitating key discussions and collaborations. The firm’s contributions will include providing insights into the latest industry trends and promoting investment opportunities across the African energy sector.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

Halliburton Repositions for Venezuela’s Upstream Revival at Venezuela Energy Week 2027

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Etu Energias

Halliburton will join Venezuela Energy Week as a Platinum Sponsor as international operators accelerate efforts to restore production, reactivate drilling capacity and rebuild the oilfield services ecosystem

CARACAS, Venezuela, August 27, 2026/APO Group/ –Halliburton has joined Venezuela Energy Week 2027 as a Platinum Sponsor, bringing one of the world’s leading oilfield services companies into a market where international operators are moving to restore production and expand upstream activity. Taking place February 22–25 in Caracas, Venezuela Energy Week comes as a new investment cycle is creating fresh demand for drilling, well services, reservoir evaluation and production technologies.
 




 

Halliburton has already begun repositioning its Venezuelan operations for the changing market. In April, Chairman, President and CEO Jeff Miller said the company was discussing commercial terms with customers and had visited its Venezuelan facilities, which he said were in better condition than expected. In July, Venezuela’s Supreme Court ordered the restart of Halliburton’s operations and the return of previously seized assets, removing a significant legal obstacle to the company’s reactivation. Halliburton has since posted new positions in Venezuela, including roles in Maturín covering logging and perforating maintenance and supply-chain procurement, as well as a technical sales position in Zulia.

The timing reflects growing demand for oilfield services as Venezuela moves to reactivate mature fields, expand drilling and bring new investment into production. Halliburton’s capabilities span the full well lifecycle, including drilling, formation evaluation, well construction, completion and production, with services such as well intervention, cementing and stimulation increasingly important as operators work to restore aging wells and infrastructure. As new investment moves from agreements into field activity, Halliburton is positioned to provide the technical expertise and equipment required to translate Venezuela’s resource potential into additional production.

The investment environment is also changing. Venezuela’s January 2026 reform of the Organic Hydrocarbons Law opened new avenues for private participation in primary hydrocarbons activities, including operating and production contracts under which private companies can assume technical, operational and financial management. Subsequent regulations issued in July established the framework for royalties and the integrated hydrocarbons tax, while oil companies have been working to migrate existing agreements into the new regime.

This evolving framework is creating an increasingly important role for international oilfield service companies capable of supplying technology, equipment and technical expertise at scale. Halliburton’s renewed engagement comes as Venezuela moves from regulatory reform and investment agreements toward the practical work of drilling wells, restoring production and expanding field capacity.

At Venezuela Energy Week 2027, Halliburton will bring its renewed Venezuelan presence into discussions on the practical requirements of production growth, from drilling and well construction to completion and intervention. Its Platinum Sponsorship will place the company at the center of conversations around how Venezuela can rebuild oilfield capacity and translate new investment into additional barrels.

Distributed by APO Group on behalf of Energy Capital & Power.

 




 

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Energy

Welligence Joins Angola Oil & Gas (AOG) 2026 as Associate Sponsor as Angola Enters New Production Cycle

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Etu Energias

As gas commercialization, deepwater developments and a shifting exploration landscape reshape Angola’s upstream sector, Welligence will bring its market intelligence expertise to the Angola Oil & Gas 2026 Conference and Exhibition

LUANDA, Angola, August 27, 2026/APO Group/ –Angola’s upstream industry is entering a new investment cycle, with gas commercialization, deepwater development, renewed exploration activity and an expanding independent operator base creating new opportunities across the market. Against this backdrop, energy intelligence firm Welligence has joined the Angola Oil & Gas (AOG) 2026 Conference and Exhibition as an Associate Sponsor.
 




 

Welligence provides upstream intelligence covering assets, reserves, production, economics, mergers and acquisitions and emerging investment opportunities, combining analyst expertise with data and AI-driven analytics. Its platform includes more than 4,000 asset-level reports and a database covering 40,000 M&A transactions, supporting companies evaluating upstream markets and investment decisions.

Angola represents an increasingly dynamic market for this type of intelligence. Welligence has identified the country’s upstream sector as entering a new phase of growth and repositioning, supported by gas developments, new oil projects, renewed exploration and rising activity among independent operators.

On the gas front, the start of Angola’s first non-associated gas project, led by the New Gas Consortium, is paving the way for increased feedstock supply to Angola LNG. Meanwhile, the country’s landmark dedicated gas discovery at Block 1/14 in 2025 has strengthened the role of gas commercialization within Angola’s broader upstream strategy.

At the same time, new oil developments are supporting production growth, although Welligence highlights the continued need for greenfield investment as mature assets decline. Recent milestones include the start-up of the Begonia and CLOV Phase 3 projects in 2025, the commissioning of the Agogo FPSO last August and continued progress at the Kaminho project, which is expected to begin production in 2028.

The operator landscape is also evolving. Welligence has highlighted renewed exploration activity by international majors alongside growing participation from independent companies, particularly as Angola’s onshore sector opens and operators seek to reactivate mature assets and build new portfolios.

Recent transactions reinforce this trend. Equinor entered TotalEnergies’ Block 17 in June 2026, while Afentra expanded its onshore footprint through operatorship of KON 5. Woodside Energy’s three-block deal signed in May further underscored growing confidence in Angola’s frontier opportunities, while Etu Energias strengthened its position through acquisitions in Blocks 14 and 14K.

These shifts are increasing the importance of reliable market intelligence as companies assess acreage, transactions, project economics and production potential. Welligence’s participation at AOG 2026 comes at a time when investors and operators are seeking greater visibility into the opportunities shaping Angola’s next phase of upstream growth.

As Associate Sponsor, Welligence will contribute an analytical perspective to discussions at AOG 2026, where industry leaders will examine the investments, partnerships and strategies driving Angola’s energy sector forward. With new entrants entering the market and established operators advancing major developments and exploration programs, data-driven insights will remain critical to guiding future investment decisions.

Distributed by APO Group on behalf of Energy Capital & Power.

 




 

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Global Finance Leaders Target Angola’s Investment Gap at Angola Oil & Gas (AOG) 2026

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Etu Energias

Standard Bank, Premier Invest, Africa Finance Corporation and Banco BAI will bring financing expertise to AOG 2026 as Angola seeks to mobilize capital for upstream projects, infrastructure and local companies

 




 

LUANDA, Angola, August 27, 2026/APO Group/ –Mobilizing capital for Angola’s next oil and gas investment cycle will be a key focus at the Angola Oil & Gas (AOG) 2026 Conference and Exhibition, as the country seeks to attract both international and domestic capital across its evolving energy value chain. Executives from leading financial institutions and investment firms have joined the AOG speaker lineup, bringing perspectives on corporate finance and investment trends to the Luanda conference.

 

Angolan financial institution Banco Angolano de Investimentos (BAI) – a Silver Sponsor of AOG 2026 – is expanding its role in financing the country’s energy sector as domestic banks take on greater responsibility for supporting projects and local companies. The bank provides corporate and investment banking services spanning project finance, structured finance and capital markets. Its participation comes as Angolan lenders increasingly target mid-sized developments, onshore projects and indigenous companies that can face greater difficulty accessing international capital. CEO Luís Filipe Rodrigues Lélis will share insights into the role of local banks in building Angolan oil and gas entrepreneurs, bringing financing into discussions around strengthening local participation across the industry.

https://apo-opa.co/4y55eOq

Standard Bank brings significant oil and gas financing experience to the conference. In 2024, the bank served as underwriter and bookrunner on a $1.3 billion pre-export finance facility for national oil company Sonangol. In Angola, the bank also offers contract financing, purchase-order finance and invoice discounting for oil and gas businesses. Executive Director, Business & Commercial Banking Fernando Chivinda will participate at AOG 2026 as access to finance remains central to both large-scale project development and the growth of Angolan companies across the value chain.

https://apo-opa.co/4y95qwg

Premier Invest brings experience in structuring transactions and connecting global capital with African energy projects. Led by Founder and Managing Partner René Awambeng, the investment firm advises on and structures transactions across the energy value chain, working with global investors and regional financial institutions to mobilize capital for projects. Awambeng will participate at AOG 2026 as Angola seeks to broaden its sources of capital and connect project developers with investors capable of advancing opportunities toward bankability and execution.

https://apo-opa.co/4y8Aufy

Africa Finance Corporation (AFC), meanwhile, brings an established investment footprint in Angola. The multilateral finance institution has invested close to $1 billion across the country’s power, rail, logistics and critical minerals sectors and is an Elite Sponsor of AOG 2026. In oil and gas, AFC invested $60 million as part of a $190 million debt facility supporting Etu Energias’ acquisition of interests in offshore Blocks 14 and 14K, a transaction that doubled the independent’s net production at the time from approximately 9,000 to 19,000 barrels per day. AFC Vice President for Investment Taiwo Okwor and Senior Associate for Energy Resources Tobi Edun will participate at AOG 2026, bringing experience in structuring and mobilizing capital as Angola seeks financing for energy projects and associated infrastructure.

https://apo-opa.co/4y525xV

Taking place September 9–10, with a pre-conference day scheduled for September 8, AOG 2026 will connect financial institutions and advisers with operators, government and entrepreneurs to advance commercially viable projects across the energy value chain. Visit www.AngolaOilandGas.com for more information.

Distributed by APO Group on behalf of Energy Capital & Power.

 




 

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