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Angola’s National Oil, Gas and Biofuels Agency (ANPG’s) Paulino Jerónimo Joins Angola Oil and Gas (AOG) 2026 as Angola Advances its 2025-2050 Hydrocarbon Strategy

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Etu Energias

After creating the conditions that supported a $70 billion investment pipeline, Angola’s upstream regulator is compiling a strategy to sustain production beyond 2050

LUANDA, Angola, August 20, 2026/APO Group/ –Angola’s National Oil, Gas and Biofuels Agency (ANPG) has spent the past six years reshaping the country’s upstream sector through regulatory reform, fiscal incentives and a multi-year licensing strategy designed to reverse a prolonged decline in oil production. The regulator is now looking at the next 25 years through the development of a 2025-2050 Hydrocarbon Strategy aimed at sustaining output, incentivizing exploration and maximizing output from legacy fields.

 




 
 

As the regulator advances the strategy, ANPG Chairman Paulino Jerónimo is confirmed to speak at the Angola Oil and Gas (AOG) 2026 Conference and Exhibition, taking place in Luanda from September 9-10 with a pre-conference day scheduled for September 8. Jerónimo’s participation reflects the regulator’s commitment to engaging operators and investors and is expected to support discussions around the future of Angola’s hydrocarbon development.

Released for public comment in July 2026, the 2025-2050 Hydrocarbon Strategy represents a long-term plan to sustain and grow production from a base that has fallen from a peak of roughly 1.87 million barrels per day (bpd) in 2008 to approximately 1.1 million bpd. The framework follows a 2019-2025 strategy which saw 40 concessions awarded through a multi-year licensing strategy and the mobilization of an upstream investment pipeline estimated at $70 billion.

The reform agenda behind that pipeline is well documented, from the establishment of the ANPG as a dedicated upstream regulator in 2019 to the introduction of an Incremental Production Decree, Gas Monetization Law and Marginal Field Law. The agency is now focused on its forward agenda, preparing its next licensing round with blocks available across the Kwanza, Benguela and Namibe basins.

It is also overseeing the rollout of the Gas Master Plan, which provides the framework for monetizing Angola’s non-associated gas reserves, and working to raise local content participation from approximately 12% to a target of 20% by 2027. The fiscal regime has been adjusted in parallel, with lower tax and royalty rates on mature assets and more generous cost recovery terms designed to keep reinvestment flowing into aging fields.

The results are visible across Angola’s offshore basins. The TotalEnergies-operated Begonia and CLOV Phase 3 projects both came on stream in 2025, adding a combined 60,000 bpd to national output. Azule Energy’s Agogo FPSO started production the same year. TotalEnergies is also advancing the $6 billion Kaminho project, the first large deepwater development in the Kwanza Basin, while Shell has returned to Angola through Blocks 19, 34 and 35. On the gas side, production began in March 2026 at the Quiluma and Maboqueiro fields under the New Gas Consortium, marking Angola’s entry into non-associated gas production. The milestone followed Azule Energy’s dedicated gas discovery at Block 1/14, laying the foundation for future development.

As the ANPG looks to maintain this development momentum, AOG 2026 will provide a platform for the regulator to engage directly with international operators, investors and service providers as the country advances its next phase of upstream development. Discussions at the event are expected to focus on the implementation of the 2025-2050 Hydrocarbon Strategy, the upcoming licensing round, frontier exploration opportunities, gas monetization and policies designed to sustain production beyond 2050.

By bringing together government leaders and industry decision-makers, the conference will support continued investment and collaboration as Angola builds on the momentum created by its recent upstream reforms.

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

 




 

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Society of Petroleum Engineers (SPE) Libya Builds Youth Pipeline as Energy Sector Prepares for Growth

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SPE Libya’s young professionals and student networks are building technical expertise and industry connections as the country prepares for increased exploration and upstream investment ahead of LEES 2027

TRIPOLI, Libya, October 23, 2026/APO Group/ –Libya’s efforts to increase oil and gas production are putting renewed attention on the technical expertise and workforce capabilities needed to support exploration, drilling and field development. The Society of Petroleum Engineers (SPE) Libya Section is contributing to that effort through its Young Professionals activities and engagement with university students.

 




 
 

SPE Libya’s Young Professionals network provides early-career members with opportunities for technical and professional development and links them into the wider SPE community. Ali Abu Ikhzam, founder and Young Professionals Chair of the SPE Libya Section, has also contributed to SPE’s international Young Professionals network and technical publications, with his work covering areas including digitalization and automation.

University-based SPE student chapters provide another route into the profession, giving students opportunities to engage with technical subjects, industry professionals and the wider petroleum engineering community. Such networks can provide an early connection between university training and the technical requirements of Libya’s upstream sector.

The focus on workforce development comes as Libya seeks to attract fresh investment into exploration. The National Oil Corporation’s general bidding round offered 22 exploration blocks, including 11 offshore blocks, as part of an effort to increase exploration activity and develop the country’s oil and gas reserves. The NOC said the round was designed to attract international companies into exploration and drilling while creating opportunities for local businesses and employment. The round has since concluded with international companies awarded investment opportunities.

These issues will feature at the Libya Energy & Economic Summit (LEES) 2027, where SPE International – Libya Section is an official supporting organization. The summit will take place in Tripoli from January 23–25, with SPE hosting a Technical Conference as part of the event’s program. The summit’s Knowledge Hub will also address upstream technologies, operational excellence, workforce development and project execution.

SPE Libya is also involved in the Energy JEEL initiative, a Ministry of Oil and Gas-led program focused on developing young Libyans through energy-related training and knowledge sharing. The initiative has trained more than 900 young people and is intended to build a pipeline of engineers, technicians and other energy professionals as Libya develops its oil, gas and broader energy sectors.

Youth development will also form part of LEES 2027’s In-Country Value Forum on January 24. The program is set to examine youth and women in energy, AI, workforce development and pathways for the next generation of Libyan energy professionals.

For SPE members, the summit provides access to operators, service companies, policymakers and international technical specialists in one setting. For students and young professionals, it also offers exposure to the projects, technologies and industry contacts that will become increasingly relevant as Libya develops new exploration opportunities and invests in existing assets.

LEES 2027 takes place in Tripoli from January 23–25. For more information visit https://LibyaSummit.com. To sponsor or participate as a delegate, contact sales@energycapitalpower.com.

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

 




 

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Ghana Energy Minister John Jinapor to Speak at MSGBC Oil, Gas & Power 2026

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Ghana’s Energy Minister joins MSGBC Oil, Gas & Power 2026 as the country advances upstream investment, gas monetization and infrastructure development

DAKAR, Senegal, October 26, 2026/APO Group/ –Ghana’s Minister for Energy and Green Transition Dr. John Abdulai Jinapor will participate as a speaker at MSGBC Oil, Gas & Power 2026 in Dakar, Senegal, from December 1–3. His participation comes as Ghana pursues upstream investment, domestic gas monetization and power-sector reforms to strengthen energy security and attract capital.

 




  

Minister Jinapor’s participation brings Ghana’s experience in balancing hydrocarbon development, electricity reliability and renewable energy investment to a regional forum focused on cross-border infrastructure and resource development. The fifth edition, held at the CICAD under the high patronage of President Bassirou Diomaye Faye, will connect policymakers, operators and investors across the MSGBC basin.

Ghana’s latest initiatives combine upstream recovery with major downstream infrastructure plans. On October 20, Jinapor pledged to lead inter-ministerial talks addressing land acquisition, compensation and financing hurdles facing the proposed $28-billion Petroleum Hub in Jomoro, following an agreement between the Petroleum Hub Development Corporation and a United Arab Emirates consortium led by Global Sphere.

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The proposed development includes a 300,000-barrel-per-day refinery, petrochemical facilities and deepwater ports, with construction targeted for early 2027. If delivered, the project could expand domestic processing capacity, support industrial activity and position Ghana as a regional petroleum-products trading hub.

At African Energy Week 2026 in Cape Town, Jinapor also reported $3.5 billion in upstream investment commitments for Ghana’s Jubilee, Tweneboa, Enyenra and Ntomme, and Offshore Cape Three Points fields. The commitments support expansion and drilling campaigns as the country seeks to reverse declining production and sustain output from mature offshore assets.

His contribution will enrich regional discussions at MSGBC Oil, Gas & Power 2026, fostering opportunities for cross-border cooperation

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Gas supply and power-sector efficiency remain central to that strategy. Ghana is implementing its Second Gas Processing Plant, while plans for additional offshore infrastructure aim to increase gas availability; the government has also reported savings of $500 million from reducing liquid-fuel imports for electricity generation.

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Regional integration offers another route to improving supply security. Jinapor recently outlined discussions with Nigeria on exchanging Ghanaian electricity for Nigerian natural gas delivered through the West African Gas Pipeline, while Ghana is procuring a 200 MW battery energy storage system alongside a 200 MWp solar facility.

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These measures complement efforts to address energy-sector liabilities, which exceeded $3 billion at the start of 2025, and improve payments to independent power producers. Ghana’s longer-term plans include expanding renewable capacity, increasing electricity access to 99% by 2030 and developing nuclear power as part of its future generation mix.

“Minister Jinapor’s participation brings valuable perspective on how Ghana is mobilizing investment across upstream production, gas monetization and power infrastructure to strengthen energy security and support industrial growth. His contribution will enrich regional discussions at MSGBC Oil, Gas & Power 2026, fostering opportunities for cross-border cooperation, infrastructure development and investment partnerships across West Africa,” says Sandra Jeque, Vice President, Energy Capital & Power.

MSGBC Oil, Gas & Power 2026 will also feature Senegal’s Minister of Energy and Petroleum Dr. El Hadji Abdourahmane Diouf; Guinea-Conakry’s Minister of Energy Laye Sékou Camara; Algeria’s Minister of State for Hydrocarbons Mohamed Arkab and Minister of Energy and Renewable Energies Mourad Adjal; Guinea-Bissau’s Minister of Natural Resources Baldé; and Mali’s Minister of Energy and Water Tiémoko Traoré.

Organized by Energy Capital & Power and held under the High Patronage of Senegalese President Bassirou Diomaye Faye, MSGBC Oil, Gas & Power 2026 takes place December 1–3 in Dakar and will convene heads of state, ministers, investors, operators and development partners from Mauritania, Senegal, The Gambia, Guinea-Bissau and Guinea-Conakry. Explore opportunities and secure your participation at www.MSGBCOilGasandPower.com.

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

 




 

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Venezuela Energy Week (VEW) 2027 Deal Room Targets Joint Ventures, Service Agreements and Offtake Partnerships

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Register as a commercial partner at Venezuela Energy Week 2027 to connect with Venezuelan operators, projects and strategic energy opportunities

International operators, oilfield service companies and strategic partners are invited to register as commercial partners for the Venezuela Energy Week (VEW) 2027 Deal Room, where companies can pursue joint ventures, service agreements, technology deployments, offtake arrangements and other commercial opportunities.

 




 
 

Taking place February 22–25 at the Simón Bolívar Convention Center in Caracas, the Deal Room will bring international companies into direct discussions with local operators, project developers, asset owners and regional leadership. As international companies re-engage with Venezuela’s oil and gas industry, the platform aims to facilitate project-level discussions and establish commercial relationships spanning upstream development, infrastructure, technology and energy supply.

For international operators and investors, the Deal Room provides an opportunity to identify assets and local counterparties for joint development. Venezuela’s push to increase oil production to 1.3 million barrels per day (bpd) in 2026 and 1.5 million bpd in 2027 is creating potential openings for companies with the technical expertise, operational capacity and financial resources to participate in field rehabilitation, enhanced oil recovery, drilling and production expansion. Partnerships with Venezuelan operators can provide a route to developing assets and sharing project responsibilities.

Recent agreements demonstrate how partnerships have already begun to take shape. In September, Chevron secured expanded development rights in the Orinoco Belt, underpinning plans by its Venezuelan joint ventures to invest more than $7 billion over five years. Eni also signed a 25-year contract with PDVSA to assume operatorship of the Junín 5 heavy-oil field, giving the company responsibility for its technical, financial and commercial development.

Oilfield service companies and technology providers can pursue commercial agreements supporting these activities. Demand spans drilling and workover equipment, artificial lift, engineering, digital production systems, reservoir technologies, power solutions and other services required to restore production and improve the performance of existing infrastructure.

Commercial partnerships are advancing this area. In September, Halliburton signed separate agreements with Eneva and WESCA covering development opportunities, field evaluation and technical planning, while SLB signed a framework agreement with PDVSA in June spanning field development, digital technologies and workforce training.

The commercial opportunity extends beyond upstream operations. Companies can explore technology and service partnerships supporting gas processing and transportation, refinery rehabilitation, power generation, grid infrastructure and energy logistics, creating multiple routes for international suppliers and specialist firms to establish a presence in the market and for Venezuelan companies seeking to strengthen their portfolios.

Recent agreements reflect growing momentum in these areas. In September, GE Vernova signed a strategic alliance with PDVSA to rehabilitate electrical infrastructure serving Venezuela’s oil industry. More recently, Baker Hughes partnered with PDVSA, Venezuelan engineering company Lindsayca and Fulcrum LNG to pursue gas processing, transportation and commercialization projects.

Offtake and supply agreements offer another route for strategic participation. Companies can negotiate arrangements linked to specific oil, gas or refined-product assets, while international trading and downstream partners can explore supply relationships connected to Venezuela’s expanding production and processing capacity. Trading companies Vitol and Trafigura have already secured agreements to purchase and market Venezuelan oil, while international refiners are increasingly pursuing direct supply relationships with PDVSA.

The Deal Room will also provide direct access to the institutions shaping project development and commercial activity, including the Ministry of Hydrocarbons, PDVSA and its operating leadership. These relationships can help companies identify counterparties, clarify project requirements and develop commercial frameworks around specific opportunities.

As international activity accelerates across Venezuela’s energy sector, the Deal Room offers companies a focused setting to identify partners and convert market interest into concrete commercial relationships.

International operators, service companies and strategic partners can register to engage as commercial partners at the Venezuela Energy Week 2027 Deal Room. To engage as a commercial partner email info@venezuelaenergyweek.com or visit https://apo-opa.co/4z16kLV for more information.

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

 

 




 

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