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Angola’s Minister Diamantino Azevedo to Join Exclusive Fireside Chat at Angola Oil & Gas (AOG) 2025

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During Angola Oil & Gas 2025, Minister Azevedo is expected to outline the country’s strategies for transforming the oil and gas market

LUANDA, Angola, June 24, 2025/APO Group/ –Diamantino Azevedo, Angola’s Minister of Mineral Resources, Petroleum and Gas, will deliver a keynote address at this year’s edition of the Angola Oil & Gas (AOG) conference – taking place September 3-4 in Luanda. Minister Azevedo will also participate in an exclusive Fireside Chat, where he is expected to outline the country’s bold agenda to sustain oil production, accelerate non-associated gas projects while unlocking greater economic opportunities through the oil and gas industry.

As the premier event for the country’s oil and gas sector, AOG takes place on the eve of Angola’s 50 years of independence in 2025, celebrating 50 years of sovereignty and hydrocarbon leadership. Examining how oil and gas investments have shaped the last five decades, the event explores how policy reform, foreign investment and local innovation will drive the next 50 years of development. The event will unpack the country’s $60 billion upstream investment drive, plans for 445,000 barrels per day (bpd) in refining capacity, youth- and women-led innovations and cross-sector infrastructure projects. Minister Azevedo’s insights will support dialogue and deals by outlining governmental strategies for transforming the market.

Under the leadership of Minister Azevedo, Angola has seen rapid project advancement in recent years, with a 2025-2028 project pipeline expected to bolster production even further. Major projects include the first phase of the Cabinda refinery – starting in 2025 with a capacity of 60,000 bpd -; the New Gas Consortium’s non-associated gas project (2026); the Agogo Integrated West Hub Development (2026); and the Kaminho deepwater development (2028). Frontier exploration is expected to kick-off in 2025 at the Etosha-Okavango basin while independents pursue development opportunities in the onshore Kwanza basin. The country is also expected to launch its next licensing round in 2025, offering ten blocks for exploration in the offshore Kwanza and Benguela basins. These developments are expected to accelerate industry growth while attracting new players to the market.

Looking back, regulatory reform has served as the cornerstone of Angola’s 50 years of oil and gas growth, laying the foundation for sustained investment, local partnerships and long-term commitments by international operators. A six-year licensing round launched in 2019 paved the way for 41 concessions to be awarded to a multitude of international and regional companies, while the introduction of marginal field opportunities has created new pathways for independents. The country currently has five marginal fields available, two of which are situated in Block 4 while additional field opportunities lie in Block 14, Block 15 and Block 18. Backed by supportive policies, these fields offer accessibility for smaller E&P firms looking at either expanding their presence or entering the Angolan upstream market. Beyond this, Angola also introduced an Incremental Production Initiative in 2024 to encourage major operators to reinvest in mature assets. ExxonMobil made a discovery as the Likembe-01 well in 2024 – the first under the initiative. The country also offers blocks under its permanent offer program, enabling companies to invest out of the confines of a traditional licensing round.

These reforms are expected to continue enticing investment into the market as Angola ushers in a new era of development. The next 50 years will be determined by upcoming policies, which aim to strengthen domestic value chains and encourage greater local participation across the industry. Notably, Angola is preparing to launch its Gas Master Plan (GMP), aimed at diversifying the industry and creating expanded investment opportunities. The GMP is a 30-year strategy designed to attract investment across the gas value chain, offering a clear policy framework to entice non-associated gas development, enhance fuel security while supporting the creation of domestic gas markets. The country is also eyeing the possibility of extending its multi-year licensing strategy beyond 2026. This creates new opportunities for companies as the country targets frontier development and revitalized onshore production. At AOG 2025, Minister Azevedo’s insights will offer greater clarity on how the government is expected to work with foreign operators, strengthen the business environment while creating a regional petroleum hub in Angola.

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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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