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African Energy Week (AEW) 2025, Spanish Chamber of Commerce in South Africa Join Forces to Foster Energy Partnerships

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African Energy Week

The partnership reflects mutual goals of strengthening investment and development in the field of energy

CAPE TOWN, South Africa, May 9, 2025/APO Group/ –The Spanish Chamber of Commerce in South Africa has partnered with the African Energy Week (AEW): Invest in African Energies conference to foster collaboration between Spanish and South African energy companies. The partnership builds on dual goals of driving investment and development in South Africa and will support greater participation by Spanish firms at this year’s edition of the conference – scheduled for September 29 to October 3.

As a non-profit entity whose main objective is the promotion of commercial, economic and industrial relations between Spain and South Africa, the Chamber of Commerce seeks to strengthen business prosperity and trade between the two nations. At the heart of this strategy is the energy industry, with the Chamber committing to exposing its members to emerging opportunities in both Spain and South Africa. At AEW: Invest in African Energies, the Chamber will play an instrumental part in strengthening energy relations and trade, supporting market entry by Spanish firms into South Africa.

Global partnerships are fundamental for countries seeking to rapidly grow their oil, gas and renewable energy industries

AEW: Invest in African Energies 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 opportunities for heightened collaboration between Spain and South Africa are extensive. While Spain is a net-importer of oil and gas, Spanish oil and gas firms have seen great success abroad, highlighting the level of expertise the country has to offer. Spanish companies such as multinational energy and petrochemical firm Repsol already have a strong presence in Africa, offering significant expertise that could help unlock South Africa’s energy industry. The company has been active in Algeria since 1973, recently receiving approval to invest up to €731 million in oil and gas blocks in the country. The Chamber has also been active in Libya since the 1970s and is implementing an ambitious exploration agenda in the country. It plans to drill nine wells consecutively via two drilling rigs by November 2025, and aims to increase production to 350,000 barrels per day (bpd) in the country. As of December 2024, production stood at 300,000 bpd.

Meanwhile, for South Africa, which is only just starting to realize the full potential of its oil and gas market, Spanish partnerships could propel a hydrocarbon evolution. Despite being a frontier market, South Africa has proven oil and gas discoveries and significant upside potential. The Luiperd and Brulpadda discoveries, for example, are the largest discoveries of natural gas resources in South Africa to date. Situated in the Outeniqua Basin, operator Africa Oil Corp plans to conduct surveys within the Block 11B/12B area to determine a development plan. Additionally, South Africa’s Orange Basin – shared with Namibia where several high-impact finds have been made – offers strategic opportunities for billion-barrel finds. International companies have recently expanded their footprint in the basin, led by firms such as Eco Atlantic, TotalEnergies and QatarEnergy.

In the green energy sector, Spain is spearheading Europe’s energy transition through rapid developments in green hydrogen. According to the World Economic Forum, the country already accounts for 20% of green hydrogen projects announced in the European Union, with plans to create industrial clusters expected to bolster the bloc’s clean energy adoption. South Africa is also targeting ambitious green hydrogen projects. The government introduced a R300 billion investment pipeline in 2023, targeting between 6 and 13 million tons of green hydrogen and derivatives production per annum by 2050. Up to 19 projects were identified for accelerated development and global support will be key to bring these projects into fruition. In 2023, Spain committed $2.3 billion to help fund South Africa’s energy transition, but further support could unlock greater value from the country’s renewable energy industry.

“Global partnerships are fundamental for countries seeking to rapidly grow their oil, gas and renewable energy industries. Spain and South Africa have significant potential to expand their trade, energy and business ties, and the Spanish Chamber of Commerce in South Africa works hard to achieve mutual development goals,” states Tomás Gerbasio, VP Commercial and Strategic Engagement, 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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