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Angola Oil & Gas (AOG) 2024 to Host On-Stage Interviews with Sonangol, Chevron, Azule Energy and More

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AOG

The “In-Conversation with” sessions will shed direct insight into the projects and investment plans of some of Angola’s largest operators

    LUANDA, Angola, August 20, 2024/APO Group/ — 

    TotalEnergies is deploying a multi-year energy strategy in Angola – which includes the $850-million Begonia field development – while ExxonMobil could inject as much as $15 billion into the Namibe Basin following commercial success at recent discoveries. In total, an investment pipeline of $60 billion is projected for the country over the next five years, signaling a strong commitment by International Oil Companies (IOCs) to develop Angola’s oil and gas prospects.

    To provide direct insight into Angola’s oil and gas project portfolio, the Angola Oil & Gas (AOG) conference – taking place October 2-3 in Luanda – will feature a series of In-Conversation with sessions. These on-stage discussions will bring together Angola’s leading oil and gas operators – including TotalEnergies, ExxonMobil, Chevron, Azule Energy, Etu Energias and Sonangol – and provide a unique platform for candid dialogue on the future of oil and gas development in the country.

    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 National Oil, Gas and Biofuels Agency; 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. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

    Angola will complete the privatization of its national oil company (NOC) Sonangol by 2026. The process aims to strengthen the company’s financial and operational capacity, while consolidating its position as a major project developer in Angola’s oil and gas industry. Leveraging over 60 years of experience, Sonangol is driving a strong slate of projects in partnership with IOCs and regional operators. An In-Conversation with session at AOG 2024 will provide insight into the opportunities that privatization offers the NOC, as well as unpack Sonangol’s investment strategy and upcoming projects across upstream and downstream sectors.

    With a 26% market share in Angola, energy major Chevron is driving low-carbon oil and gas projects in Angola. The company expects production to start on its $300-million Sanha Lean Gas Connection Project in Q4 2024. Providing feedstock for the Angola LNG facility, the project involves the development of a platform that ties into the existing Sanha Condensate complex. Additionally, Chevron signed a production sharing agreement in 2023 to manage operations within the Block 14/23 concession area on the maritime border of Angola and the DRC. At AOG 2024, Chevron will offer insight into its low-carbon projects in Angola, as well as opportunities in natural gas.

    TotalEnergies reached FID on its Kaminho Deepwater Development in Block 20/11 earlier this year. Representing the first large deepwater development in the offshore Kwanza Basin, the project is set to commence in 2028 with a capacity of 70,000 barrels per day (bpd). Comprising the Cameia and Golfinho fields, the project is being developed in partnership with Sonangol and Malaysia’s Petronas. TotalEnergies is expected to provide an update on its multi-year energy strategy in Angola during an on-stage interview at AOG 2024. The session will delve into the company’s deepwater projects, upcoming oil developments and future-oriented approach to oil and gas investment in Angola.

    International energy company Azule Energy will start production at both the Agogo Integrated West Hub Development and the Quiluma and Maboqueiro fields in 2026. Having recently signed risk service contracts for Blocks 46, 47 and 18/15, the company is committed to increasing production while spearheading non-associated gas projects. During AOG 2024, Azule Energy will speak to the impact of these developments on the country’s energy matrix and future investment plans in the market.

    Operator of Block 15 – one of Angola’s golden blocks, home to 18 commercial discoveries and 20 years of production – ExxonMobil aims to maximize output at existing assets to mitigate natural production declines. The company announced a discovery at the Likember-01 research well in 2024 – the first well of Angola’s incremental production initiative. Seeking play-opening finds in the Namibe Basin, ExxonMobil will provide a project update during AOG 2024. The In-Conversation with session will delve into opportunities in incremental production, frontier markets in Angola and innovative drilling.

    Etu Energias – Angola’s largest private indigenous oil producer – is gradually strengthening its asset portfolio in-country. The company plans to make an Initial Public Offering in 2026, improving its capacity to acquire licenses. By 2025 and 2030, the operator plans to increase production to 50,000 bpd and 100,000 bpd, respectively. Etu Energias will provide insight into its strategies for increasing output during AOG 2024.

    To view the AOG 2024 program, visit https://apo-opa.co/3SV99LC.

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

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    As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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    The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

    LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

    Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

    Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

    The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

    “Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

    “This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

    The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

    Key challenges driving the debate

    Core focus areas for this year’s edition of The Africa Debate include:

    This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

    Global Realignment & New Partnerships

    How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

    Financing Africa’s Future

    The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

    Strategic Value Chains

    Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

    Digital Transformation & Technology

    Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

    The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

    Registration is now open (http://apo-opa.co/46b19gj).

    Distributed by APO Group on behalf of Invest Africa.

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    Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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    After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

    Mr. Adeoye has been held accountable for several serious offenses, including:

    • Making malicious and defamatory statements against colleagues
    • Extortion
    • Intimidation
    • Fraud
    • Misuse of company funds
    • Theft and misappropriation of funds
    • Breach of fiduciary duty
    • Mismanagement

    His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

    We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

    We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

    Distributed by APO Group on behalf of CLG.

     

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    The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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    This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

    JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

    The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

    The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

    We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

    Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

    “This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

    H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

    This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

    Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

    Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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