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Angola Oil & Gas (AOG) 2023 Explores Mobilizing Capital for Angola’s Infrastructure

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The first day of Energy Capital & Power’s AOG 2023 conference showcased Angola’s ambitious infrastructure plan to support new production capacity, power transmission, and energy development

LUANDA, Angola, September 13, 2023/APO Group/ — 

As demand for energy in Angola and the region continues to grow, the need for energy infrastructure such as refineries grows more evident, creating new investment opportunities for energy security. As such, the first day of the Angola Oil & Gas (AOG) 2023 conference and exhibition featured a panel discussion exploring recent achievements in the expansion of refinery projects in Angola as well as prospects for further energy infrastructure investments.

Moderated by Pedro Letra, Assurance Partner at EY, the panel discussion, titled ‘Mobilizing Capital for Angola’s Infrastructure’, featured the participation of Marcus Weyll, Angola CEO, Gemcorp Capital; Gerson Santos, Executive Administrator, ANPG; Hélder Lisboa, Director of Strategy and Portfolio Management, Sonangol; Jacob Flewelling, Africa Investment Advisor, U.S. International Development Finance Corporation; and Gwen Mwaba, Director and Global Head of Trade Finance, Afreximbank.

For the country to support new production capacity, power transmission infrastructure in Angola will have to be enhanced. Angola’s downstream sector requires significant investment in order to exploit the country’s full energy potential.

“We need to look at energy dependency. We need to look for new technologies. We need to look for local capabilities, and at the end, we need to have a foundation of these downstream manufacturing structures,” stated Lisboa, adding, “There is a need for aptitude, inspiration, and education in today’s energy sector.”

Meanwhile, Angola’s legislation and regulatory environment gives potential investors the opportunity to participate in the country’s energy market with contractual stability. It was noted during the panel session that the country’s regulatory frameworks are flexible and accommodate investor portfolios and backgrounds.

For the country to support new production capacity, power transmission infrastructure in Angola will have to be enhanced

“On the regulatory perspective, Angola is a very valuable asset,” stated Santos, adding, “Contractual stability is something Angola has; we don’t change the rule frequently. Also, Angola has the flexibility to adapt its regulations to the new trends of the market. We are ready to accommodate the Government’s interest and investor interest.”

Weyll shared insight into Gemcorp’s achievements in the Angolan downstream markets, stating that the company has a solid partnership with the Government. “We reached the financial close on the Cabinda project, which is very important to increase further investment. Partnership with Sonangol and the government was very important,” he said.

Meanwhile, the country has made significant strides in its application of Environmental, Social and Governance standards, ensuring that compliance is met with regards to the development of environmental impact assessment reports and ensuring that project’s pose little impact towards local communities and ecosystems.

“The ESG conversation is one that is very topical and very important, not just for investors, but also for lenders. In the case of Angola, it’s really important as investors start to build these energy-related infrastructure projects within ESG compliance standards. One of the ways in which compliance is measured is to have environmental assessment reports done before the projects are implemented,” stated Mwaba.

Meanwhile, for his part, Flewelling spoke of Angola’s noteworthy oil and gas industry and the country’s potential to mobilize capital for infrastructure development in its off- and onshore projects. He noted Angola’s favorable business environment and the potential for international service companies to participate in the country’s energy space.

As such, under the theme, ‘Energy Security, Decarbonization and Sustainable Development’, this year’s edition of AOG 2023 highlights Angola’s role as an emerging energy hub while promoting strategic partnerships and the country’s investment opportunities. Infrastructure development in the country is poised to result in major opportunities for foreign investors and strategic partners to participate in the transformation of Angola’s energy sector.

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

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

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

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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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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