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African Petroleum Ministers Snub Africa Energies Summit, Citing Local Content as Priority for Africa

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African Energy Chamber

The decision comes amid concerns over local content and inclusion by the summit’s organizer Frontier Energy Network, with African petroleum ministers reinforcing local content as a non-negotiable priority for the continent’s oil industry

JOHANNESBURG, South Africa, March 24, 2026/APO Group/ –African Petroleum Ministers have declined to participate in the upcoming Africa Energies Summit (AES) taking place on May 12–14, 2026 in London, citing serious concerns around local content, representation and the broader direction of the platform’s agenda. The decision sends a strong signal from the continent’s oil-producing nations that local content remains a core priority for Africa’s energy future and that industry platforms operating under the banner of African energy must reflect the continent’s values and development objectives.

 

“By boycotting AES in London, the African oil industry is showcasing that local content is a priority. The message is clear: if Gayle and Daniel Davidson change their policy to be more inclusive, many Africans will work with them. The exclusionary policies are not reflective of our values and that of the oil industry. Frontier has an incredible opportunity to do the right thing,” states NJ Ayuk, Executive Chairman, African Energy Chamber.

Across the oil and gas sectors, both emerging and established markets are integrating local content policies within their broader project fundamentals as a way to catalyze job creation, local participation and broader skills development. Regulation has served as a launchpad for local content development. Policies such as the Nigerian Oil and Gas Industry Content Development Act (NOGIC) and Angola’s Local Content Law have provided a strong foundation for local content implementation – and many projects are taking the lead.

A lot of Africans feel that all the progress and gains made by our oil industry on local content are constantly being stomped on by groups like Frontier

The Greater Tortue Ahmeyim (GTA) project in Senegal and Mauritania not only designates a portion of gas for each domestic market but features a multi-pronged local content strategy focusing on supply chain, workforce development and social investment. In the development stage, the project offered an online portal where local suppliers registered their interest and engagement opportunities with the procurement team, while over 47 trainees participated in a multi-year program in preparation for offshore work. The project partners engaged in extensive community outreach, including health, education, economic development and environmental awareness. GTA exported its first cargo in 2025 and is working toward full-scale operations in 2026.

Similarly, the EG LNG project in Equatorial Guinea is a major local content driver. Operating since 2007, the project has placed emphasis on local workforce development and integration through several initiatives that promote participation and broader economic support. In addition to prioritizing local vendors and contractors, the Punta Europa plant and associated infrastructure employs over 1,400 people, with the larger Gas Mega Hub project – of which EG LNG is a central part – set to increase this figure to 3,000 people. Nigeria’s LNG plant also actively promotes local content through policies on Nigerian manpower development, technology acquisition and utilizing local contractors. The implementation of the NOGIC saved the LNG project $2 billion across its EPC stage for the seventh train.

Emerging oil and gas producers such as Mozambique, with three large-scale LNG projects underway, Namibia, which eyes first oil production by 2029, and The Gambia have all integrated local content regulations within their energy frameworks. This approach demonstrates a commitment to Africa, making companies like Frontier that much more disappointing. The African oil industry – as well as companies operating in seismic, services and policy – must take the local content lead.

“A lot of Africans feel that all the progress and gains made by our oil industry on local content are constantly being stomped on by groups like Frontier. We believe in Drill Baby Drill and local content, and we’re being told that there’s something wrong with it, that we should be ashamed of it in some way and that it needs to be replaced with discrimination. Many people are just sick of it. We’ve had enough, and we don’t want our whole oil industry stripped down to where we have no semblance of that sort of nostalgic African oil and gas culture that we cherish,” Ayuk adds.

The recent boycott by these ministers reflects a broader belief by the continent that local content must be an integral part of oil and gas operations. This includes discussions on the current and future state of the continent’s hydrocarbon industry.

“Gayle and Daniel Davidson are essentially marketing to a clientele that doesn’t exist, Let’s be clear: the oil industry does not and will not defend discrimination against black professionals. It’s not who we are. They both need to come clear and denounce this. This virtue signaling to a certain crowd does not help our goals for an inclusive oil industry,” concludes 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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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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