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Association of Service Providers of the Angolan Oil & Gas Industry to Promote Oil And Gas Service Opportunities as African Energy Week 2024 Partner

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African Energy Chamber

AECIPA management will lead Members to AEW in search of potential partners

CAPE TOWN, South Africa, April 9, 2024/APO Group/ — 

The Association of Service Providers of the Angolan Oil & Gas Industry (AECIPA) has partnered with the African Energy Chamber (AEC) (http://EnergyChamber.org) in a bid to promote investment opportunities in Angola as well as partnerships with Angolan services companies. As such, AECIPA will lead a delegation of Angolan companies to this year’s edition of African Energy Week; Invest in African Energy conference – scheduled for November 4-8 in Cape Town. Through the partnership, AECIPA members have access to exclusive discount rates, while a delegation from the association will participate in various panel discussions and forums.

As an association representing Angolan service providers, AECIPA promotes, supports, and sponsors professional initiatives of service companies in the country. With a goal to drive socioeconomic growth in the country, the association supports opportunities for service companies while strengthening local content and SME participation across the value chain. Currently, the association represents 150 company-members, and addresses concerns, cultivates relationships and advocates for good business practices.

Across the industry, AECIPA member companies are making strides to develop resilient and competitive oil and gas projects. Angolan service company Brimont Angola, for example, secured a contract in 2021 to procure specialty chemicals for Angolan NOC Sonangol. The contract covers all of Sonangol’s operated blocks. Additionally, maritime service provider OCTOMAR entered a joint venture with Angolan logistics provider CABSHIP to establish a diving and offshore marine company in the Cabinda Special Economic Zone. As new project developments kick off across the industry, opportunities for Angolan service providers and partners continue to grow.

“AECIPA member companies have developed significant knowhow and capabilities in recent years, taking on even more complex projects and delivering them to high industry standards, under budget and with world class HSE practices. We continue to see more collaboration between our members and other world class brands. We therefore encourage other companies not yet in Angola to partner with world class Angolan companies and take advantage of the big opportunities that the market offers” said Braulio de Brito, President of AECIPA who is also Executive Chairman and Founder of Tradinter, an Angolan O&G Service company.

AECIPA member companies have developed significant knowhow and capabilities in recent years, taking on even more complex projects and delivering them to high industry standards

Through the partnership, AECIPA member companies will receive a 10% discount on delegate passes, enabling companies to participate in conference offering including panel discussions, exhibition, and networking functions. The added benefits for Angolan companies align with AEW: Invest in African Energy’s objective to make energy poverty history by 2030 through increased participation by local firms in industry development and dialogue.

AEW: Invest in African Energy 2024 is the platform of choice for project operators, financiers, technology providers and governments and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Representing one of the largest oil and gas producers in Africa, Angola has a strong pipeline of projects underway that aim to maintain production at 1.1 million barrels per day (bpd) until 2027, thereafter increasing it to 1.18 million bpd. Major projects include the Cameia-Golfinho fields – with FID expected this year -; the 30,000 bpd CLOV Phase 3 Project on Block 17 – with production expected this year – and the start of operations of the first phase of the 30,000 bpd Cabinda Oil Refinery. At the same time, the company recently concluded a 12-block tender as part of its six-year licensing round – launched in 2019 – and expects the next round to be opened next year. With 43 wells set to drilled in 2024 and companies such as ExxonMobil, TotalEnergies and more making billion and million-dollar commitments to the country’s oil and gas industry, respectively, contractual opportunities for Angolan players are increasing.

The AECIPA-AEW: Invest in African Energy partnership aims to position Angolan service providers at the forefront of the continent’s growth. As such, the parties will hold a webinar ahead of the conference this November, exploring investment opportunities in Angola and the role of local companies in strengthening African economies. These discussions will be further unpacked during the conference in Cape Town. AECIPA Chairman, Eng. Bráulio de Brito, will also deliver a presentation during the conference, providing crucial insight into ongoing programs in Angola.

“AECIPA continues to champion professional initiatives within the Angolan oil and gas industry and the association’s commitment to creating economic opportunities for Angolan service providers is exemplary. African-based service providers play a catalyzing role in project development. By prioritizing local content, streamlining industry opportunities and investing in SMEs, Africa stands to make energy poverty history by 2030,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

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

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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IsDBI

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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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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