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African Energy Week (AEW) 2024 to Shape Oil & Gas Financing, Risk Reduction Strategies

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The AEW: Invest in African Energy 2024 conference will drive new finance–focused solutions for Africa’s oil, gas and energy projects during an exclusive panel discussion

CAPE TOWN, South Africa, September 16, 2024/APO Group/ — 

Global investment in upstream oil and gas is set to reach $570 billion in 2024, showing a 7% increase compared to 2023 expenditure. Of this, 33% is expected to be directed toward frontier assets, presenting a strategic opportunity for emerging oil and gas markets in Africa. Meanwhile, the International Energy Agency has estimated that delivering modern energy to the entire African continent – where more than 600 million people still lack access to electricity – will require up to $25 billion in annual spending through 2030.

With a lack of investment representing one of the primary challenges to oil and gas project financing in Africa, this year’s African Energy Week (AEW): Invest in African Energy 2024 event – taking place in Cape Town from November 4-8 – will feature a panel discussion on Unlocking African Assets Through New Risk and Finance Solutions. Sponsored by Global international insurance broker Howden and Pan African Insursnce advisory firm TRM Risk management, the session will explore the mechanisms, opportunities and challenges shaping Africa’s energy funding space, identifying new strategies for accelerating project development and maintaining a competitive advantage within the global energy landscape.

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 www.AECWeek.com for more information about this exciting event.

The Unlocking African Assets Through New Risk and Finance Solutions discussion will feature an esteemed lineup of speakers, including Senior Director & Head of Natural Resources at Africa Finance Corporation Osam Iyahen; COO & Executive Director of green energy supplier Renergen Nick Mitchell and Howden Broking Insurance Managing Director and Head of Natural resources, Sam Martyn. The panel will be moderated by TRM Managing Director Hugo Hill.

Financial institutions across Africa’s oil and gas sector have an essential role to play in driving industry growth

The session will explore the mechanisms, opportunities and challenges shaping Africa’s energy funding space, identifying new strategies for accelerating project development and maintaining a competitive advantage within the global energy landscape and how political risk and credit Insurance can facilitate investment.

Serving as a milestone development in the sector, the African Petroleum Producers’ Organization and multilateral financial institution Afreximbank signed an agreement last June establishing the Africa Energy Bank. The bank is set up to facilitate, promote and finance the development of oil, gas and energy projects in Africa, and will play a central role in strengthening energy access by providing the financing needed to get large-scale projects off the ground. With $5 billion in initial capital raised from African signatories so far, the institution aims to close the funding gap by providing capital to oil and gas projects across the continent.

Despite the role oil and gas has played and will continue to play in Africa, global efforts to transition to alternative sources of fuel have created a stark investment gap. Fossil fuel funding has been declining in recent years, as international oil companies divest their oil and gas assets in favor of lower-carbon investments. As a result, one of the challenges in Africa’s oil and gas sector is reliance on both foreign expertise and funding. The Africa Energy Bank serves as a prime opportunity for the continent to attract interest and stimulate participation from local and regional governments and private sector players to fund future projects.

African governments play a crucial role in developers’ ability to secure financing for oil and gas projects. Many countries on the continent offer flexible profit-sharing, royalty and tax structures that facilitate quicker cost recovery, which is a major consideration for investors. Equatorial Guinea has established a one-stop shop that enables investors to set up a business in the country in one week, while South Africa’s InvestSA platform serves to facilitate investment, fast-track projects and reduce government red tape. Earlier this year, Angola implemented a one-stop shop for local content compliance in the oil and gas industry, enhancing transparency and policy implementation across the sector.

Financial delays are a major risk to project timelines, requiring companies to secure the necessary funding before launching large-scale projects. As such, the establishment of certain financial mechanisms in the oil and gas sector can enable companies to better access funding, as well as unlock alternative sources of capital such as sovereign wealth funds, development finance institutions, bond markets and more. One such mechanism is public-private partnerships (PPPs), which can accelerate project timelines by sharing risks, resources and expertise. Governments can encourage PPPs by offering incentives such as tax breaks, reduced royalties or fast-tracked approvals for projects that involve private sector investment. PPPs are especially effective in infrastructure development, where private companies can bring in advanced technology and expertise to expedite construction and operation phases.

“Financial institutions across Africa’s oil and gas sector have an essential role to play in driving industry growth. By providing much-needed capital to critical energy projects, they help bridge the investment gap and reduce the level of perceived risk that has long hindered development. Their involvement ensures that Africa’s resources are harnessed in a way that benefits local economies, creates jobs and supports energy access. As we unlock new opportunities, the support of these institutions will be paramount,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

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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