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African Energy Week (AEW): Invest in African Energy Announces Nominees for 2024 Award Ceremony

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African Energy Week

Taking place during this year’s conference, the AEW: Invest in African Energy awards celebrate the innovators, trailblazers and changemakers shaping the future of Africa’s energy sector

CAPE TOWN, South Africa, September 4, 2024/APO Group/ — 

Africa is expected to more than double its share in the global natural gas market by 2050 while increasing its renewable energy capacity four-fold by 2030. Concurrently, the continent’s greenfield spending will boom in the coming decade, reaching $37 billion by 2025 and $50 billion by 2030. This growth underscores both the potential of the continent’s energy market and the commitment of companies to maximize its resources.  

On the back of this growth, the continent’s largest energy event – African Energy Week (AEW): Invest in African Energy – announces the nominees for this year’s award ceremony. Taking place during the event week from November 4-8, the award ceremony recognizes the companies who are spearheading the development, innovation and growth of Africa’s energy industry.

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.

ESG Leader of the Year

With ESG principles at the forefront of Africa’s natural resource development, this award recognizes champions who protect and promote local populations while ensuring fair and safe operations. It honors outstanding achievements and leadership in embedding sustainability principles and responsible business practices within the sector, showcasing a commitment to environmental stewardship, social responsibility and robust corporate governance. The nominees are:

  • TotalEnergies
  • bp
  • Sonangol
  • SLB

Service Provider of the Year

The Service Provider of the Year award celebrates an exceptional service provider that has demonstrated outstanding commitment and innovation in supporting Africa’s energy industry. The award honors service providers who have demonstrated a deep understanding of the industry’s challenges and opportunities, offering tailored solutions that drive efficiency, productivity and sustainability in the energy sector. The nominees are:

  • Africa Global Logistics
  • NOV
  • Bell Oil and Gas
  • Technip Energies

Deal of the Year

The Deal of the Year award recognizes the most transformative and impactful deal in the energy sector ­– honoring excellence in negotiation, strategic alignment, innovation and collaboration ­– and celebrates deals that drive advancements in energy and economic growth. The nominees are:

  • Renaissance Africa: SPDC acquisition in Nigeria
  • Gabon Oil Company: Assala Energy acquisition in Gabon
  • Oando PLC: AGIP acquisition in Nigeria
  • Etu Energias acquisition of Galp Energias’ offshore blocks in Angola

Local Content Champion of the Year

This award celebrates an organization that has demonstrated exceptional dedication and success in promoting and implementing local content initiatives in Africa’s energy sector. The award recognizes champions who have gone above and beyond to ensure that the benefits of the energy industry are shared equitably, fostering inclusive growth and prosperity across the continent. The nominees are:

  • Africa Global Logistics
  • McDermott
  • Perenco
  • EG LNG
  • Technip Energies

Reformer and Change-Maker of the Year

This esteemed award honors a government or public sector entity that has demonstrated exceptional leadership and commitment to reforming the energy sector in Africa. It recognizes the efforts of governments and public sector institutions that have driven change, fostering an enabling environment for energy growth, economic development and social progress. The nominees are:

  • South African National Energy Development Institute
  • Ministry of Hydrocarbons, Republic of the Congo
  • Ministry of Mineral Resources, Oil & Gas, Angola
  • Ministry of Mines and Energy, Namibia
  • Ministry of Petroleum and Mineral Resources, Egypt

E&P Leader of the Year

Recognizing outstanding leadership and innovation in upstream exploration and production, this award honors individuals driving new production and discoveries in Africa’s energy sector. Nominees demonstrate exceptional vision and operational excellence in unlocking the continent’s hydrocarbon potential. The nominees are:

  • Galp
  • Woodside Energy
  • Eni
  • ExxonMobil

Gas Monetization Award

This award recognizes companies and projects revolutionizing gas monetization in Africa to bridge the energy poverty gap. It honors innovative strategies and successful commercialization efforts that demonstrate outstanding leadership in maximizing the value of gas resources. The nominees are:

  • Congo LNG
  • Perenco
  • EG LNG
  • NLNG
  • Sonatrach

Geoscience and Data Management Project of the Year

This award recognizes outstanding projects that have demonstrated excellence in geoscience and data management, contributing significantly to the advancement of Africa’s energy sector. The award honors projects that have set new standards in subsurface understanding, data-driven decision making and digital transformation, paving the way for a more sustainable and prosperous energy future in Africa. The nominees are:

  • TGS/PGS
  • Shearwater
  • Viridien – formerly CGG

The AEW: Invest in African Energy Award winners will be announced during this year’s award ceremony. The event aims to celebrate the ongoing contributions by energy companies, investors and individuals to driving projects forward and unlocking long-term benefits for African countries.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

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

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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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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