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African Energy Chamber (AEC) to Host Just Energy Transition Masterclass at Suriname Symposium in January 2025

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African Energy Chamber

Taking place from January 27-28 in Paramaribo, SAS 2025 aims to address challenges faced in the country’s energy sector

PARAMARIBO, Suriname, December 9, 2024/APO Group/ — 

African Energy Chamber (www.EnergyChamber.org) Executive Chairman NJ Ayuk will lead a Just Energy Transition Masterclass at the Suriname Awareness Symposium (SAS) – taking place January 27-28 in Paramaribo, Suriname. The masterclass will unpack emerging challenges and opportunities created by the global energy transition, outlining strategic measures to prioritize inclusivity, equitability and integration. Building on key themes such as investment, development and collaboration, the masterclass will offer insight into balancing multi-faceted goals of addressing energy poverty with reducing greenhouse gas emissions.  

Aimed at accelerating economic growth in Suriname through the development of the energy sector, SAS 2025 brings together key stakeholders to discuss and strategize investment, diversification and entrepreneurship. Serving as more than just a conference or exhibition, SAS 2025 represents a space for the industry to connect, build capacity, transfer knowledge and ignite change. The AEC represents a Strategic Partner of the event, with Ayuk participating as a keynote speaker.  

In recent years, Suriname has emerged as a highly attractive energy market. In the oil and gas sector, the country has risen to become one of the most promising plays worldwide, with offshore discoveries made between 2019 and 2022 enticing a suite of companies to invest in upstream operations. A Shallow Offshore Bid Round held in 2021 and deepwater licensing round held in November 2022 further amplified investment in the market, leading to a string of M&A deals and milestones in recent months.  

Capacity building, knowledge-transfer and local content are vital components of any energy strategy and we look forward to addressing these topics during SAS 2025

Energy major TotalEnergies made a $10.5 billion Final Investment Decision in October 2024 for the GranMorgu project, situated in Block 58. Comprising the Sapakara and Krabdagu oil discoveries – the latter of which was made in 2022 – the project is expected to begin production in 2028, with 200,000 barrels per day (bpd) coming online via an FPSO. Energy major ExxonMobil and Malaysia’s Petronas signed a letter of agreement earlier this year with the government for Block 52. The companies have been granted a 10-year tax break and will conduct feasibility studies, with gas production targeted for 2031. ExxonMobil has since withdrawn from the asset, with the company transferring its 52% stake to Petronas.  

Beyond these blocks, QatarEnergy signed a deal with Chevron to acquire a stake in a production sharing contract for Block 5. Chevron will stay on as operator, with the companies moving to the second exploration phase of the concession. QatarEnergy also has interests in Block 64 and Block 65. With an estimated 2.4 billion barrels of proven oil reserves and 12.5 trillion cubic feet of proven gas, Suriname is well-positioned to leverage its hydrocarbon industry to fuel long-term and sustainable economic growth.  

Amid these developments, the government of Suriname is focused on enhancing value creation for local citizens. The country plans to share revenues generated from oil and gas projects with local communities through its Royalties for Everyone program. Over the next 10 to 20 years, up to $10 billion is expected to be generated from projects. As such, the program aims to distribute anticipated profits, thereby boosting economic growth.  

Stepping into this picture, SAS 2025 seeks to foster greater collaboration across the industry while driving economic development and diversification. The event aims to raise awareness for five key topics, mainly the energy transition trilemma; local content; education, technology and infrastructure; good governance; and environmental and social impacts. By promoting the importance of coordinated efforts among government, the private sector and community groups, the event aims to drive sustainable development and local empowerment.   

“SAS 2025 is a critical event for the energy industry of Suriname. The country has rapidly become one of the world’s biggest hydrocarbon offshore plays, and through strategic policy and collaboration, stands to transform its economy. Capacity building, knowledge-transfer and local content are vital components of any energy strategy and we look forward to addressing these topics during SAS 2025,” stated Ayuk.  

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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