Connect with us

Business

African Petroleum Producers Organization (APPO) Secretary General Joins African Energy Week (AEW) 2024 as African Nations Renew Focus on Oil & Gas

Published

on

APPO

In November, Omar Farouk Ibrahim will make his return to African Energy Week: Invest in African Energy, advocating for the advancement of African hydrocarbons

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

The Secretary General of the African Petroleum Producers Organization (APPO), Omar Farouk Ibrahim, will deliver an address at the African Energy Week (AEW): Invest in African Energy conference – taking place November 4–8 in Cape Town. At AEW: Invest in African Energy, Ibrahim will engage with investors, global players, and African nations to promote investment opportunities and discuss strategies for sustainable hydrocarbon development across the continent.

For decades, APPO has been instrumental in promoting the sustainable development of Africa’s petroleum resources, spurring economic growth continent-wide by supporting policy development, facilitating cooperation between producing nations and promoting the sustainable expansion of the oil and gas sector in Africa. With 18 member nations, APPO continues to achieve notable milestones in encouraging investment and enhancing the regulatory and commercial landscape of the continent, all of which will be outlined during AEW: Invest in African Energy this year.

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.

With a mission to promote cooperation in the field of hydrocarbons between member states and with global institutions, APPO promotes oil and gas as a catalyst for energy security in Africa. Recently, the organization launched a study on the Future of the Oil and Gas Industry in Africa in the Light of the Energy Transition, which identified three major areas of concern: finance, technology, and markets. Following the study, APPO proposed concrete solutions, including the establishment of the Africa Energy Bank (AEB) in partnership with Afreximbank.

The Chamber welcomes the return of APPO to AEW: Invest in African Energy

Scheduled to commence operations by July this year, the bank’s primary objective is to provide financing for oil and gas projects in Africa, aiming to reduce the reliance on external funding sources. The institution will have a start-up capital of US$5 billion, and by attracting investment from oil-producing nations such as Saudi Arabia, the United Arab Emirates, Qatar, and Kuwait, the AEB seeks to address funding challenges faced by oil and gas projects amidst the global transition to renewable energy. Currently, seven countries – including Ghana, Egypt, Nigeria, Benin Republic, Côte d’Ivoire, South Africa, and Algeria – are being considered to host the bank’s headquarters.

Meanwhile, APPO and the AEC signed an MoU in Brazzaville in January 2024. This agreement aims to improve Africa’s energy security and promote local content development. Recognizing the pressing need to address the continent’s energy deficit, the partnership seeks to empower African companies to undertake larger oil, gas, and energy projects. By leveraging private sector potential and fostering intra-African energy trade, the collaboration aims to drive technology-focused investments and partnerships across the sector, address challenges, and create an enabling environment for investors.

APPO’s support extends both mature and emerging oil and gas producers in Africa. In addition to facilitating cooperation among current producing markets, the organization supports new developments across the continent – of which many are slated to start production in the coming years. In the MSGBC region, projects include the Greater Tortue Ahmeyim (GTA) LNG hub in Mauritania/Senegal – poised to establish both countries as LNG exporters – and the Sangomar Offshore Oil Project in Senegal – set to inaugurate the nation as an offshore oil producer. Progress is well underway for both endeavors, with GTA targeting first gas in Q3/Q4 and Sangomar slated to commence oil production in 2024.

Additionally, Eni could take a final investment decision (FID) in 2024 on the Coral Norte FLNG in Mozambique, consolidating the country’s position as an LNG exporter, while Namibia plans to produce first oil from offshore discoveries in the Orange Basin by 2030. These developments are poised to drive hydrocarbon production in Africa, accelerating energy security and continent-wide economic growth.

“The Chamber welcomes the return of APPO to AEW: Invest in African Energy,” states NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC). “APPO is a necessary player in Africa’s energy sector. The organization’s commitment to harnessing Africa’s oil and gas resources in a just and sustainable manner underscores its pivotal role in driving economic growth and promoting energy security across the continent, particularly in accelerating oil and gas projects efficiently to meet the continent’s growing energy needs.”

At AEW: Invest in African Energy, Ibrahim will represent APPO, setting the precedent for continued exploration and production of African oil and gas resources. During the conference, he is expected to engage with stakeholders and African nations, urging them to prioritize the sustainable use of Africa’s resources and advocating for a measured approach rather than swift transitions away from hydrocarbons.

Distributed by APO Group on behalf of African Energy Chamber.

Business

Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

Published

on

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.

 

Continue Reading

Business

Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

Published

on

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.

Continue Reading

Business

Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

Published

on

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.

Continue Reading

Trending

Exit mobile version