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Angola’s National Oil, Gas and Biofuels Agency (ANPG) Joins African Energy Week (AEW) 2024 as Diamond Sponsor Ahead of 2025 Bid Round

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Angola’s National Oil, Gas and Biofuels Agency joins African Energy Week: Invest in African Energy 2024 as the nation prepares for its 2025 licensing round

CAPE TOWN, South Africa, August 14, 2024/APO Group/ — 

Angola’s national concessionaire and regulator the National Oil, Gas and Biofuels Agency (ANPG) is preparing to launch a 2025 licensing round – offering ten blocks for exploration in the Kwanza and Benguela basins – in Q1 of next year. The country has also opened its first-ever marginal fields for exploration, aiming to minimize risks for exploration companies while maximizing output across producing licenses. In tandem with a permanent offer program which offers up to 11 blocks, these investment opportunities stand to accelerate exploration across the Angolan market.

On the back of these newfound investment opportunities, the ANPG has joined Africa’s premier energy event – the African Energy Week (AEW): Invest in African Energy 2024 conference, taking place from November 4-8 in Cape Town – as a diamond sponsor. AEW: Invest in African Energy serves as a platform for the ANPG to showcase recent regulatory reforms and investment prospects, while also attracting and engaging potential investors interested in Angola’s offshore, onshore and marginal field opportunities.

By enhancing licensing strategies and regulatory frameworks, the ANPG is solidifying Angola’s role in the global energy market and driving sustainable development and investment

AEW: Invest in African Energy 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 agency’s six-year licensing strategy – launched in 2019 – has attracted a strong slate of global investment while revitalizing upstream oil and gas activity in Angola. This approach has not only boosted production but also fostered a competitive and transparent environment for international and local companies alike​. In 2024, the ANPG concluded its 2023 bid round, featuring 12 blocks in the Lower Congo and Kwanza Basins. Sonangol, Angola’s state oil company, qualified as the operator for Block KON 15 with a 40% interest, while oil and gas company Afentra secured a 45% non-operating interest. Last month, the ANPG signed production sharing contracts for Blocks CON 2, CON 8 and KON 19. These contracts are crucial for operationalizing these blocks and boosting Angola’s oil production capabilities. Angolan oil company Etu Energias will operate Blocks CON 2 and CON 8 with Effimax, Simples Oil and Enagol as partners, while Angolan upstream company ACREP will operate Block KON 19 alongside Afentra and Enagol​. These developments signify a step forward for Angola as it enhances its oil production potential.

Meanwhile, the agency is adopting a series of measures throughout 2024 that aim to support crude oil production in Angola, assisting in the country’s efforts to maintain production above one million barrel per day beyond 2027. Specifically, the ANPG is preparing to propose a regulatory agenda in 2024 to enhance monitoring across the crude oil upstream, midstream, downstream and biofuels sectors. Key initiatives include signing an incremental production decree to boost output at producing assets as well as improving oil infrastructure and promoting local content. The ANPG will also develop a plan for resource sharing, assess facility integrity and review abandoned wells for potential reactivation. Additionally, the agency aims to complete a skills management project, create a local content fund, support carbon capture and storage projects and design Environmental, Social and Governance studies to facilitate renewable energy projects and the country’s transition to cleaner energy.

“The ANPG’s strategic initiatives and licensing rounds are setting a high standard for oil and gas growth in Africa. The company’s proactive measures are revitalizing Angola’s oil and gas sector, boosting both onshore and offshore exploration. By enhancing licensing strategies and regulatory frameworks, the ANPG is solidifying Angola’s role in the global energy market and driving sustainable development and investment,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

During AEW: Invest in African Energy 2024, ANPG representatives will engage in various panel sessions including the Invest in Angola Energies country spotlight, Angola’s 2025 licensing round presentation and the Oil & Gas Policy & Investment session. This participation provides potential investors with the chance to not only gain crucial insight into the upcoming bid round and existing block opportunities but join one of Africa’s biggest oil and gas markets.

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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