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Ammat Global Resources Managing Director (MD) Joins African Energy Week (AEW) 2025 Amid Congolese Upstream Expansion

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Ammat Global Resources

Massimiliano Mignacca, Managing Director of independent hydrocarbon producer Ammat Global Resources, has joined the continent’s largest energy event – African Energy Week (AEW): Invest in African Energies 2025 – as a speaker. Taking place September 29 to October 3 in Cape Town, the event will showcase emerging investment opportunities across the continent’s most promising oil and gas markets. As a major upstream operator in the Republic of Congo, Ammat Global Resources is well-positioned to discuss strategic for unlocking the full potential of the country’s hydrocarbon market.

Focusing on optimizing oil and gas operations, Ammat Global Resources strives to boost oil production in the Republic of Congo. The company works closely with the country’s national oil company Société Nationale des Pétroles du Congo to scale-up exploration, in line with national goals of reaching 500,000 barrels per day (bpd) crude production in the coming years. At AEW: Invest in African Energies 2025, Mignacca is expected to share insights into strategies for increasing production in the Republic of Congo, as well as ongoing drilling campaigns and future investment priorities.

AEW: Invest in African Energies 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.

The country’s untapped exploration prospects continue to entice players, and companies such as Ammat Global Resources are making strides to unlock new discoveries in the country

Ammat Global Resources has been working towards optimizing operations at mature fields in the Republic of Congo. The company plans to kickstart a drilling campaign, designed to increase output by approximately 70% over the next five years. This builds on successful field optimization in recent months. Notably, in 2024, the company implemented a comprehensive development plan at the Loango and Zatchi fields, situated in the shallow waters of the country. The plan strives to improve the structural integrity of the asset platforms through maintenance and the replacement of key components. Since its implementation, Ammat Global Resources has seen a 75% increase in production capacity at the fields, with output rising from 4,000 bpd to 7,000 bpd.

At the Loango offshore field, the company revitalized three platforms in 2024. Operations at the field started in 2023, and since then, the company has launched a program to modernize the sea pipeline linking the field’s treatment platform to peripheral platforms. An environmental risk mitigation program – undertaken in partnership with other operators – is also being implemented at the field, as well as a campaign to replace outdated pumps and reactivate wells. The company also plans to revamp two additional platforms at the Zatchi field. Ammat Global Resources secured exploration and production permits for both fields in 2023.

Africa’s energy sector is rapidly changing, and companies like Ammat Global Resources stand to dominate marginal field production with potential new investments in Angola, Gabon, Libya, Nigeria, Algeria, the Republic of Congo and others. While the company represents a relatively new upstream player, Ammat Global Resources has already played an instrumental part in supporting the Republic of Congo’s production goals. The company’s approach includes revitalizing existing assets by enhancing platform integrity and operational efficiency.

Looking ahead, the company’s upcoming drilling campaign and field optimization is expected to unlock greater value from the country’s offshore assets. The company is increasing its production with low carbon solutions. Its new drilling campaigns and expansion is a significant milestone in our mission to make energy poverty history by supporting the Republic of Congo through sustainable growth and long-term value creation. Ammat Global Resources has a company strategy that respects the unique rights of local communities and continues to make great strides toward learning, developing relationships based on trust, and sharing benefits from its oil operations. As such, the company stands to be significant player in the near future. Insights shared at AEW: Invest in African Energies 2025 will provide a snapshot of the opportunities available in the Republic of Congo.

“While a major oil producer, the Republic of Congo still offers significant growth opportunities for oil and gas operators. The country’s untapped exploration prospects continue to entice players, and companies such as Ammat Global Resources are making strides to unlock new discoveries in the country. With greater investment in exploration and production, the Republic of Congo stands to accelerate output and support regional fuel security,” states NJ Ayuk, Executive Chairman, African Energy Chamber.

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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