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Alpha GRIP Management Company attracts multi billion dollar investment/finance for the $20 Billion USD Ogidigben Gas Revolution Industrial Park Project

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Alpha GRIP

The $20bn Ogidigben Gas project will host power plants, fertilizer, petrochemical, aluminum smelters, LNG, and methanol plants amongst others

BEIJING, China, January 17, 2025/APO Group/ — 

On January 15, Li Zhenyu, President of China National Chemical Engineering International Corporation Ltd., warmly welcomed at CNCEC headquarters Hon. Joseph Tegbe, the Director General of the Nigeria-China Strategic Partnership and Mr. Sheikh Mohamed Bayorh, President, Alpha Grip Management Company (AGMC) (www.AlphaGroupUAE.com), a subsidiary of Alpha Group UAE along with their respective delegations for the formal partnership signing ceremony for the development, finance and construction of the Ogidigben Gas Revolution Industrial Park (GRIP) Project in Delta State, Nigeria between AGMC and CNCEC. The Director General of the Nigeria-China Strategic Partnership (NCSP), Joseph Tegbe who is currently visiting China to bolster the Nigeria – China relations in line with the policies of President Bola Ahmed Tinubu’s led administration, witnessed the signing ceremony. The two sides engaged in in-depth discussions on further strengthening efficient and pragmatic cooperation, as well as implementation of the next project development steps in ensuring the project’s actualization and completion.

President Li Zhenyu of CNCEC provided a detailed introduction to the development of CNCEC’s overseas business and its operations in Nigeria, which recently included the construction of the Dangote Petrochemical Refinery Complex. He emphasized that CNCEC, as a globally competitive contractor in the oil and gas industry engineering services sector, with expertise in R&D, investment, construction, and operations, has always regarded Nigeria as a strategic priority for its overseas expansion. He further expressed CNCEC’s commitment to actively implement the consensus reached by the heads of state during the China-Africa Cooperation Forum Summit, to deepen multi-field cooperation, and making greater contributions to Nigeria’s economic growth through construction and industrialization. He highlighted CNCEC’s strong desire to develop the $20b Ogidigben Gas Project to completion in partnership with the licensed developer AGMC, FGN of Nigeria, Delta State Government, NNPCL and other stakeholders.

Director General Joseph Tegbe, conveyed the good wishes of Mr. President Bola Ahmed Tinubu in regards to the Nigeria-China strategic partnership to deepen the  bilateral ties between the two nations, and emphasized that his visit was to follow up on Mr. President Bola Ahmed Tinubu’s official visit to China on the 2024 Forum on China- Africa Cooperation (FOCAC). The Director General, NCSP highly recognized CNCEC’s technical capabilities in oil and gas, refining, petrochemical complexes, and integrated natural gas utilization. He also praised CNCEC’s achievements in Nigeria and their involvement in the Ogidigben Gas Revolution Industrial Park project, which he stated is a national priority project with the full support of the His Excellency, President Bola Ahmed Tinubu. He further stated that Nigeria has abundant oil and gas resources and a strong willingness for industrial development. The Nigerian government places great importance on mutually beneficial cooperation with Chinese enterprises. He expressed confidence that CNCEC could fully leverage its professional capabilities and technological advantages to participate in relevant construction projects, jointly promote trade and economic exchanges, and contribute to high-quality economic development.

Mr. Sheikh Mohamed Bayorh, Chairman of Alpha Group UAE/ President of AGMC, thanked the CNEC leadership for its warm reception and formally concluding the partnership agreements for the Ogidigben Gas Revolution Industrial Park project. He further thanked H.E. President Bola Ahmed Tinubu for his visionary leadership in promoting policies and reforms that has created an enabling environment to attract international investors, which has significantly enhanced investor’s confidence particularly in the Nigerian oil and gas industry and expressed deep gratitude to the Hon. Minister of State, Petroleum Resources (Gas), Rt. Hon Ekperikpe Ekpo for taking strategic leadership in driving gas infrastructure and industrialisation in the Gas Sector along with the leadership of the Nigeria National Petroleum Company Limited (NNPCL) GCEO, Mallam Mele Kolo Kyari and the Executive Vice President of Gas, Power, and New Energy Mr. Olalekan Ogunleye for the continued support of the Ogidigben GRIP Project. He further expressed many thanks and appreciation to the Director General, Hon. Joseph Tegbe and his delegation for witnessing the formal signing ceremony between the CNCEC and AGMC on the investment and financing of the Ogidigben Gas Revolution Industrial Park project which underscores the significance of the Nigeria- China strategic bilateral partnership.

The President of AGMC strongly emphasized on CNCEC’s technological competence and comprehensive strength in the oil, gas, and chemical industries and that this partnership will undoubtedly fast track the integrated development of the project poised to be Africa’s largest Gas City as originally conceptualized by the NNPCL. The $20bn Ogidigben Gas project will host power plants, fertilizer, petrochemical, aluminum smelters, LNG, and methanol plants amongst others, as well as many secondary industries that will generate thousands of employment both during construction activities and operations. The AGMC developer consortium consists of a UAE based capital investment firm and several global players including Power China and now CNCEC, with a total asset value exceeding over $100bn.

This partnership between AGMC and CNCEC will undoubtedly complement each other’s strengths by joining forces in making significant contributions to accelerating Nigeria’s industrialization progress in the gas sector, with the successful take-off and completion of the Ogidigben GRIP project.

Distributed by APO Group on behalf of Alpha GRIP Management Company.

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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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