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Angola’s Sanha Project to Start Operations Next Month, Says Chevron at African Energy Week (AEW) 2024

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Sanha Project

The Sanha Lean Gas Connection project will deliver gas to the Angolan LNG facility

CAPE TOWN, South Africa, November 5, 2024/APO Group/ — 

The Sanha Lean Gas Connection Project in Angola will start production in December 2024, according to Chevron. Speaking during an Invest in Angola Energies roundtable – sponsored by the ANPG, Sonangol, Azule Energy and ACREP – at African Energy Week (AEW): Invest in African Energies 2024 on Monday, Toni Henning, Commercial General Manager at Chevron’s Southern Africa Strategic Business Unit, said that the project will deliver gas to the Angola LNG facility.  

The $300 million project comprises the development of a platform that ties into the existing Sanha Condensate complex. Developed by Chevron, the project serves as part of a series of gas-focused investments the company is undertaking in Angola alongside various partners.  

“We have been in Angola for 70 years and it has only been possible because of our strong partners. We lead in gas and have a couple of projects underway. Sanha Lean Gas has always been part of our gas profile in Angola. We had it fabricated in Lobito, with 1,000 direct jobs and 3,000 indirect jobs created,” Henning said.  

In addition to the Sanha project, Angola’s New Gas Consortium (NGC) expects production to start at the Quiluma and Maboqueiro fields in late-2025 or early-2026, according to Adriano Mongini, CEO of NGC operator Azule Energy.  

“The project is progressing well and we are planning start-up for late-2025. This is the first non-associated gas project in Angola, and hopefully, the first of many,” he said.  

Beyond gas, Angola – sub-Saharan Africa’s second largest oil producer – aims to maintain production above one million barrels per day beyond 2027. To achieve this, the government is incentivizing investment in exploration, with the National Oil, Gas & Biofuels Agency (ANPG) preparing to launch its 2025 Bid Round in Q1 of next year. The round features part of a series of reforms aimed at driving exploration and production.  

“We wanted to make the business environment more transparent and more competitive. We have marginal field opportunities and new legislation for gas, making it possible for investors to have gas rights,” said Alcides Andrades, Executive Board Member, ANPG.  

We have marginal field opportunities and new legislation for gas, making it possible for investors to have gas rights

Through its multi-faceted investment approach, Angola is consolidating its position as an oil and gas heavyweight, and recent developments point to that. TotalEnergies and project partners on the Kaminho Development in Block 20/11 made $6 billion FID in 2024, for example.  

According to Rui Rodrigues, Director, TotalEnergies EP Angola, “the significance of the Kaminho project is that we are opening a new province in Angola. The majority of Angola’s production is derived from the north, but with Kaminho, we are diversifying supply.” He added that TotalEnergies is “on track to deliver the project by 2028.”  

TotalEnergies also anticipates the Begonia field development to start production in the coming months. McDermott International is leading the EPC support for the project. Mahesh Swaminathan, Senior Vice President: Global Business Vertical Head at McDermott International explained that “from an engineering perspective, we are nearly done. The vessel will enter any time soon. We are nearly completed and it’s an exciting development.”  

In addition to Begonia, McDermott International is focusing on capacity building in Angola. Swaminathan said that “We are setting up an engineering office in Angola, where we will train engineers from across the world.”  

Beyond Kaminho, Angola has an exciting pipeline of projects underway. Katrina Fisher, Lead Country Manager and General Manager at ExxonMobil, shared insight into Block 15 – one of Angola’s longest-producing assets.  

“We celebrated our 30th anniversary of Block 15 in August 2024 and we also recently made a discovery – Likember-01 – at the block, representing our 19th discovery at Block 15. With this, we have increased our production by 30% and offset decline.”  

Angola’s NOC Sonangol – in addition to driving upstream projects – is committed to boosting refining capacity in Angola. Sonangol’s Board Director Kátia Epalanga said that “We are seeking more than 400,000 bpd in refining capacity by 2027. The three new refineries underway will help us reach this capacity.”  

For international service companies such as SLB, Angola is ripe with opportunity. According to SLB’s Managing Director – Central, East and Southern Africa, Miguel Baptista, “In 2024, we celebrated 55 years of operations in Angola. We continue to see a lot of activity happening across the life of the oilfield. With this, there is good opportunity for the industry to push the boundaries of technology.”  

Angola also represents an exciting market for independents. Afentra, for example, which entered the market three years ago, is “focusing on growth in Angola: growth on the Kwanza Basin, growth on Block 3/05 and growth with regards to new deals,” according to the company’s COO Ian Cloke. Cloke considers Angola to be “a fantastic market to be in.”  

The same can be said for AA&R Investment, which has not yet entered the Angolan market. Abdullahi Bashir, Haske Group, the company’s Managing Director, explained that “Angola is the right place to be and we are looking for opportunity there. We are looking at onshore and offshore blocks and we are looking at participating in the bid round.”  

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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