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Atlas Oranto Pioneers African Energy Security as Diamond Sponsor at African Energy Week (AEW)

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Atlas Oranto

Atlas Oranto will participate in this year’s edition of African Energy Week as a diamond sponsor, demonstrating its commitment to African energy security and sustainability

JOHANNESBURG, South Africa, August 11, 2023/APO Group/ — 

Atlas Oranto, Nigeria’s largest privately-held and Africa-focused exploration and production company, has joined the African Energy Week (AEW) conference – scheduled for October 16–20 in Cape Town – as a diamond sponsor. With an extensive presence across the African continent and a total of 22 oil and gas licenses in 12 jurisdictions, the group is at the forefront of the African petroleum sector, and will drive the discussion around sustainable investments during the conference this October.

For its part, Atlas Oranto understands the untapped resource wealth that Africa holds, particularly in offshore hydrocarbon exploration. The Atlas Oranto producing assets currently produce 18,000 barrels of oil per day, and the group anticipates this figure to significantly increase due to already scheduled development drilling. The exploration upside of its portfolio offers billion-barrel drill-ready prospects across many licenses, providing tremendous potential for future growth. Across the continent, the company is committed to sustainability investing in oil and gas, utilizing its expertise and innovation to deliver successful projects that prioritize environmental sustainability.

In Equatorial Guinea, Atlas Oranto has identified Block H as highly prospective after completing Phase 1 of the Production Sharing Contract (PSC). The group seeks a partner to undertake drilling activities and explore the highly promising Aleta prospect. While in South Sudan, the group holds exploration rights for Block B3 through a six-year exploration contract awarded in 2017. The company is actively carrying out new data acquisition and technical studies in this region. Moreover, Atlas Oranto entered the São Tomé and Principe/Nigeria Joint Development Zone in 2012 through Block 5, further strengthening its presence in the region. In Uganda, the Ngassa project, awarded in 2017, holds significant potential, and the company envisions utilizing specialized drilling rigs for exploration in Lake Albert.

As the continent continues to strive for energy independence and self-reliance, companies like Atlas Oranto serve as catalysts for change

Additionally, Atlas Oranto holds stakes in two offshore blocks in Senegal: Cayar Shallow and St. Louis Shallow. The Cayar Shallow block, located north of the Dakar peninsula, has 13 mapped leads and is estimated to be oil-rich, with the potential for individual trap sizes of several hundred million barrels of oil in place. Its close proximity to the coast enhances the viability of commercial discoveries. On the other hand, the St. Louis Shallow Block, adjacent to Cayar Shallow, offers geological conditions similar to those in the oil-rich Guyana Basin.

Atlas Oranto, through a 20-year PSC, possesses a 70% ownership interest in OML 109 in the Western Niger Delta. In July 2020, the company re-commenced operations involving workover and well intervention on the block with the aim of enhancing production from the Ejulebe marginal field. OML 109 encompasses 14 identified and mapped prospects and leads, boasting an estimated resource potential exceeding 500 million barrels of oil equivalent. The block’s strategic location in shallow waters and its proximity to established infrastructure, like the Escravos Terminal, offer an advantageous and cost-effective operating environment.

Focusing on offshore blocks in Nigeria such as OML 109, OPL 293, and OPL 320, Atlas Oranto seeks to collaborate with technical operators to fast-track the development of large-scale exploration and appraisal prospects. The group’s vision aligns with creating lasting value for Africa and its people while fostering local content development and supporting sustainable growth in the regions where they operate.

“As a prominent player in Africa’s energy sector, Atlas Oranto’s unwavering commitment to the continent’s energy security, sustainability and local content development has left a lasting impact. Their strategic approach to responsible exploration practices and their strong partnerships with African nations exemplify the critical role private companies can play in shaping a more sustainable and prosperous energy landscape in Africa. As the continent continues to strive for energy independence and self-reliance, companies like Atlas Oranto serve as catalysts for change, championing innovation and contributing significantly to the socioeconomic development of Africa,” states NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC).

With a steadfast commitment to local content development and value creation, Atlas Oranto is poised to play a pivotal role in shaping Africa’s energy landscape and driving economic growth on the continent. As a diamond sponsor of AEW, the group reaffirms its dedication to the sustainable development of Africa’s energy sector and the prosperity of its people.

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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