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African Energy Week (AEW): Invest in African Energy 2024 to Advance African Energy Projects through Multi-Faceted Program

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African Energy Chamber

The African Energy Week conference returns to Cape Town with an expanded conference agenda, with investment and deal-signing at the forefront of dialogue

CAPE TOWN, South Africa, June 3, 2024/APO Group/ — 

African energy demand is projected to grow more than 30% by 2040, with oil demand expected to increase to 4.9 million barrels per day (bpd) by 2050. Gas demand will almost triple during the same period while the continent’s renewable energy capacity could reach as much as 750 GW by 2030. The continents over 125 billion barrels of proven oil reserves and 620 trillion cubic feet of gas will not only play a role in meeting this demand but will support broader industrialization and economic growth.

As new opportunities emerge for foreign investors, the African Energy Week (AEW): Invest in African Energy conference returns for its fourth edition from November 4-8 in Cape Town as the premier event to sign deals across the African energy market. This year, the conference offers an expanded agenda, with seven high-level stages hosted concurrently throughout the week offering delegates unparalleled access to the African energy market. As the official meeting platform for the industry, AEW: Invest in African Energy 2024 is the only event of its kind in Africa.

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.

Africa’s upstream market is buzzing with activity, driven by new discoveries that are prompting increased investment from both international and national oil companies.

Africa is not only the final frontier when it comes to oil and gas but has emerged as the market of choice for global investors

The African Energy Chamber’s (AEC) 2024 outlook – The State of African Energy – shows healthy levels of exploration drilling throughout the period 2024-2025, with Algeria, Egypt, Namibia and Nigeria driving the majority of activity. Over 11 high impact wells will be drilled during this period, with up to 177 blocks up for grabs. Amid this bullish outlook, AEW: Invest in African Energy’s Upstream E&P Forum will delve into emerging opportunities across the market. The forum will unpack Africa’s new oil and gas hotspots; maximizing Africa’s mature fields; crude oil trends; exploration and capital frontiers; and more.   

To achieve universal access to modern energy, Africa requires more than $25 billion in annual spending until 2030, presenting a strategic opportunity for capital-providers. The African Energy Finance Summit – hosted in collaboration with the African Export-Import Bank and S&P Global Commodity Insights – unites lenders, developers and operators to discuss the bankability of African energy projects. The summit tackles topics such as financing new energy solutions in Africa; innovative financing models; mergers and acquisitions; foreign exchange controls; and more.

In addition to spending across the upstream market, Africa’s downstream industry is experiencing rapid growth as focus shifts towards domestic refining and intra-African distribution. Nigeria brought Africa’s largest oil refinery online in 2023 – 650,000 bpd Dangote refinery – while Angola has three new refineries in development. The Nigeria-Morocco Gas Pipeline expects to reach FID by the end of 2024 while the development of domestic LPG capacity is poised to advance access to clean cooking solutions in Africa. As such, the AEW: Invest in African Energy conference will host a Clean Fuels Forum, with speakers unpacking the continent’s downstream market. Topics include refining and petrochemicals; innovative technology in downstream operations; storage capacity and integration; and many more.

As present, over 600 million people are without access to electricity in Africa, and as the population grows –expected to reach 2.5 billion by 2050 – so will the demand for accessible power solutions. Efforts to monetize gas through power generation aim to enhance grid capacity while the adoption of off-grid solutions will accelerate electrification continent-wide. The AEW: Invest in African Energy Power Africa Summit will tackle the key challenges and opportunities across Africa’s power market. The summit will address green technology; gas-to-power; energy planning and integration; power infrastructure and trade; the power trilemma, and more.

While Africa faces an energy crisis, the continent also faces some of the worst impacts of the climate crisis. As such, many countries are opting for a just energy transition, whereby context-specific strategies are adopted to mitigate impacts and drive sustainable development. A Just Energy Transition Summit at the conference this November will explore Africa’s energy-climate nexus, with topics including king coal to clean coal; unlocking Africa’s future energy potential; the fundamental role of logistics; low-carbon technology and more.

“Africa is not only the final frontier when it comes to oil and gas but has emerged as the market of choice for global investors, owing largely to its unparalleled opportunities, rising role as a global exporter and increasingly attractive fiscal terms. As an industry, we will continue to call for more investment, more deals and accelerated project developments. Africa is not the only continent that needs its resources, markets across the world will need African energy in both the mid- and long-term,” stated NJ Ayuk, Executive Chairman of the AEC.

Join the conference today and take part in the comprehensive program! Visit www.AECWeek.com for more information.

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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