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Angola Invites United States (US) Operators to Invest in Available Blocks at Angola Oil & Gas (AOG) 2024 Networking Event

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A networking event hosted in Houston outlined available blocks and investment opportunities ahead of the Angola Oil & Gas conference this October

HOUSTON, United States of America, March 20, 2024/APO Group/ — 

Angola will launch its next oil and gas licensing round in 2025 and is inviting US-based exploration and production companies to invest in upcoming block opportunities. Part of a six-year licensing round launched in 2019, the country concluded a 12-block tender in January 2024 and is currently finalizing production sharing negotiations.

Speaking during a networking function hosted by Angola Oil & Gas (AOG) 2024 in Houston on March 19, Secretary of State for Oil & Gas, H.E. José Alexandre Barroso said: “For us it is very important to be here, promoting the opportunities in the Angolan oil and gas sector.”

He continued: “Although we recognize the importance of the energy transition, we do believe that both hydrocarbons and renewables can work together, and therefore we are still looking for investment in the oil sector while trying to make this industry cleaner, making sure that we acquire the newest technology to lower carbon and methane emissions.”

AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; national oil company Sonangol; the ANPG; the African Energy Chamber; and the Petroleum Derivatives Regulatory Institute, the event is a platform to sign deals and advance Angola’s oil and gas industry. The event takes place on 2-4 October 2024 in Luanda. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

The country’s national concessionaire and regulator – the National Oil, Gas & Biofuels Agency (ANPG) – outlined the success of previous bid rounds, inviting US companies to invest in exploration in support of Angola’s two million-barrel-per-day (bpd) production goal.

Angola has one of the richest portfolios and from a geological perspective, this is one of the most intriguing countries

“One of the things we have been very good at is our agility and focus on acting at the right time, finding solutions whether it is legal, contractual or fiscal, to ensure that there is stability but also improving upon the lessons learned that we see happening around the world,” said Alcides Fernandes Mendes de Andrade, Executive Administrator at the ANPG.  

“We do have a wide range of opportunities. Fourteen blocks offshore – eight in shallow water and six in deep water – most are high potential blocks in proven basins. [There are] eight onshore blocks in the Congo and Kwanza basins … we are now going back to these blocks and they also have high prospectivity.”

With over 2.5 billion barrels of proven oil reserves and 11 trillion cubic feet of proven natural gas reserves, Angola offers a wealth of opportunities for global investors. The country aims to utilize gas for 25% of its energy needs by 2025 while increasing oil production to 1.18 million bpd in 2024 and 2 million bpd in the long-term.

Representing an established oil and gas market, Angola continues to offer significant potential in both on- and offshore exploration. Andrea Lovatini, Director of Exploration Data and Geosolutions at SLB and Chairman at EnerGeo Alliance, gave insight into the strategic opportunity that lies in Angola’s hydrocarbon basins.

“The country has huge potential. The subsurface is really, really prospective, and we have a lot of new technology from the industry that can unlock these resources,” he said. “We see a lot of investment moving to West Africa. Angola has one of the richest portfolios and from a geological perspective, this is one of the most intriguing countries.”

As such, investing in Angola will not only support national production goals but unlock high returns for foreign investors. During the country’s premier industry event – AOG 2024 – Angola’s investment opportunities will be further unpacked. Taking place in Luanda on October 2-3, AOG 2024 is organized by Energy Capital & Power (ECP) with the full support of the Ministry of Mineral Resources, Petroleum and Gas. The event convenes global investors and Angolan government with the aim of Driving Exploration and Development Towards Increased Production in Angola.

The time to invest in Angola is now. Join the AOG 2024 conference today by visiting www.AngolaOilandGas.com.

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

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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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