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Azule Energy’s Adriano Mongini to Outline Innovative Floating Production Storage and Offloading (FPSO), Exploration Solutions at African Energy Week (AEW) 2024

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Azule Energy’s CEO Adriano Mongini has joined the African Energy Week: Invest in African Energy conference as a speaker – taking place November 4-8 in Cape Town

CAPE TOWN, South Africa, July 26, 2024/APO Group/ — 

International energy company Azule Energy – Angola’s largest independent equity producer of oil and gas – is developing the world’s first FPSO vessel that features carbon capture and storage (CCS) capabilities. The Agogo FPSO falls part of the broader Agogo Integrated West Hub Development in Block 15/06 and is expected to set a benchmark for sustainable oil and gas development across the region. Azule Energy’s CEO Adriano Mongini has joined the African Energy Week (AEW): Invest in African Energy 2024 conference as a speaker. During the event, Mongini is expected to provide insight into the company’s project pipeline, innovative infrastructure solutions and plans for expanding its presence regionally.

Azule Energy has set a target to increase production to 250,000 barrels per day (bpd) within the 2023-2026 period, leveraging new exploration campaigns as well as the development of large-scale projects to achieve this goal. The company signed Risk Service Contracts in December 2023 for Blocks 46, 47 and 18/15 – situated in the Lower Congo basin -, representing a step towards advancing deepwater oil and gas developments in Angola. Mongini will outline the company’s exploration plans at AEW: Invest in African Energy 2024, drawing insight into asset acquisition and future investments.

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 development of projects such as the Agogo Integrated West Hub development and the Quiluma and Maboqueiro fields will play a central part in increasing production in Angola

With two billion barrels equivalent of net resources, stakes in 20 licenses and participation in the Angola LNG joint venture – operator of the Angola LNG plant – Azule Energy is both a strategic partner and competitive producer in Angola. One of the company’s largest developments is the Agogo Integrated West Hub development in Block 15/06, which is on track for production by 2026. The company aims to create a new production hub at the project, adding the Agogo FPSO vessel – currently under construction – to the block. With a capacity of 120,000 bpd and a gas injection capacity of 230 million cubic feet per day, the Agogo FPSO will join the active Ngoma FPSO to produce hydrocarbons from the Agogo and Ndungu fields. FID for the project was achieved in 2023.

Azule Energy is also the operator of the Cabinda Norte and Cabinda Centro blocks – situated onshore – and offshore Blocks 31, 15/06, 1/14, 18 and 28. Four FPSO vessels are also in operation with a capacity of 1.75 million bpd each. Meanwhile, Azule Energy is taking its expertise to regional markets. The company signed a farm-in agreement in May 2024 with exploration company Rhino Resources Namibia, securing a 42.5% interest in Block 2914A. Situated in PEL 85 in the Orange Basin, the asset is considered strategic given its close proximity to billion-barrel discoveries made in the basin since 2022. The agreement also represents the first international transaction by Azule Energy, reflecting its drive to develop oil and gas across the broader African continent.

On the natural gas side, Azule Energy is driving gas monetization efforts in Angola through its operatorship of the New Gas Consortium (NGC). The NGC is developing the country’s first non-associated gas project – the Quiluma and Maboqueiro fields – which will provide feedstock for the Angola LNG facility. Situated in the Northern Gas Complex in Angola, the fields will produce four billion cubic meters of gas per annum using two offshore platforms. The consortium made FID on the fields in 2022, with production expected to begin in 2026. Beyond the fields, Azule Energy is assessing future tie-ins to Blocks 2, 3 and 15/14, thereby ensuring the Angola LNG project has a steady supply of natural gas.

Beyond upstream projects, Azule Energy signed an agreement with Angola’s national oil company Sonangol in July 2024 to enhance decarbonization at the Luanda Refinery – Angola’s sole operating refining faacility. The parties agreed to assess the feasibility of constructing a biorefinery at the plant, with both Azule Energy and Sonangol providing technical and operational support. The refinery underwent an expansion in 2022, with the partners commissioning a new petrol production complex. The addition increased output from 395,000 liters per day to 1.5 million liters per day, aligning with Angola’s goal of becoming a regional hub for petroleum.

“Africa requires innovative, diversified oil and gas solutions in order to achieve energy security and drive industrialization. Companies like Azule Energy are making great strides in area by developing pioneering FPSO infrastructure and prioritizing production growth. The development of projects such as the Agogo Integrated West Hub development and the Quiluma and Maboqueiro fields will play a central part in increasing production in Angola,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

United States (U.S.) Broadens African Energy Push as Volz Brings Washington to African Energy Week (AEW) 2026

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African Energy Chamber

From LNG finance in Mozambique to grid technology and clean cooking, U.S. government agencies and companies are expanding their engagement with African energy markets as Department of Energy official Josh Volz prepares to join African Energy Week 2026

CAPE TOWN, South Africa, October 2, 2026/APO Group/ –The United States is widening its engagement with Africa’s energy sector, combining government-backed finance, technology partnerships and private-sector investment across markets from Mozambique and Nigeria to Kenya, Uganda and the Democratic Republic of the Congo. Josh Volz, Deputy Assistant Secretary for Europe, Eurasia, Africa and the Middle East at the U.S. Department of Energy, will bring that agenda to African Energy Week 2026 in Cape Town from October 12-16.

 




  

Volz returns to AEW as Washington’s engagement with African energy markets increasingly spans both hydrocarbons and electricity infrastructure. In April, the U.S. Trade and Development Agency brought energy decision-makers from the DRC, Ethiopia, Kenya and Uganda to the U.S. to meet American companies working on transmission and distribution technologies, including AI-enabled grid systems. The program was designed to connect U.S. technology providers with prospective projects and procurement opportunities in African power markets.

Mozambique illustrates the scale that U.S. financing can bring to an African gas project. In March 2025, the U.S. Export-Import Bank approved a nearly $5 billion loan for TotalEnergies’ Mozambique LNG development, reviving a financing package for the long-delayed project. The original $4.7 billion commitment had been approved during the first Trump administration but required reapproval after construction was suspended in 2021. Meanwhile, ExxonMobil and its Area 4 partners awarded approximately $1.1 billion in pre-investment contracts for long-lead equipment and early construction activities at the Rovuma LNG project in August.

Development finance is another part of the equation. The U.S. International Development Finance Corporation’s investment ceiling rose from $60 billion to $205 billion following its 2025 reauthorization, while the agency gained expanded authority covering international investments in strategic sectors including energy and critical minerals. The new authorization runs through 2031.

The DFC is better resourced than it has ever been, making this an opportune moment for African operators to make their case

The DFC has also continued to approve new transactions in Africa in 2026. On September 16, the agency announced more than $8 billion in new investments globally, including projects supporting infrastructure and resources across Africa, as part of an effort to promote U.S. exports, energy security and American technology.

U.S. companies such as GE Vernova are active across African power markets, providing generation, transmission, grid and software technologies. The company says its technology is installed in more than 50 countries across the Middle East and Africa; in Nigeria alone, its equipment is installed across more than 40 sites, while its grid technology has also supported regional integration through the West African Power Pool.

Energy access is another emerging strand of Washington’s engagement. U.S. Secretary of Energy Chris Wright co-chaired the July 2026 high-level summit on clean cooking in Africa alongside Kenyan President William Ruto, Norway and the International Energy Agency. The meeting produced $900 million in new commitments, taking total commitments since the 2024 Africa Clean Cooking Summit to more than $3.1 billion. Wright described clean cooking as a major but often overlooked energy-access challenge.

Volz has previously argued that African countries should determine their own energy pathways while the United States looks for ways to partner with them. Speaking at AEW 2025, he said: “International governments should not stand in the way of how African nations determine their energy futures. We are eager to hear how best we can, from a U.S. perspective, partner with Africa.” He also pointed to $65 billion in existing U.S. private-sector investment in Africa and a $2.5 billion U.S. government pledge to support energy expansion.

That approach will have a substantial U.S. presence at AEW 2026. The current program confirms Volz alongside U.S. Senator Ted Cruz, United States Energy Association President and CEO Mark W. Menezes and DFC Managing Director and Regional Head of Africa Vibhuti Jain, among other U.S.-linked executives and policymakers. Jain will also participate in the dedicated U.S.-Africa Energy & Investment Forum on October 14, which will bring together U.S. and African companies, investors and policymakers to discuss capital, technology and commercial partnerships.

“The DFC is better resourced than it has ever been, making this an opportune moment for African operators to make their case. This conference is about making sure the capital and the projects actually find each other,” said NJ Ayuk, Executive Chairman of the African Energy Chamber.

For African energy markets, the expanding U.S. role reaches across project finance, LNG, upstream development, electricity infrastructure, grid technology and clean cooking. Volz’s participation at AEW 2026 comes as those relationships increasingly move from broad policy discussions toward individual projects, commercial partnerships and technology deployment across the continent.

Distributed by APO Group on behalf of African Energy Chamber.

 




 

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How Liberia’s Harper Basin Is Emerging as West Africa’s Next Deepwater Frontier

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Liberia

The Harper Basin’s advancing exploration program is de-risking Liberia’s premier frontier basin, positioning TotalEnergies and BluEnergies for frontier deepwater drilling success

CAPE TOWN, South Africa, October 2, 2026/APO Group/ –Liberia’s Harper Basin is emerging as one of West Africa’s most compelling frontier exploration opportunities, attracting investment from TotalEnergies and BluEnergies as advanced subsurface studies progressively reduce geological uncertainty across three deepwater offshore blocks.

 




  

The basin remains undrilled despite sharing geological characteristics with some of Africa’s largest and latest deepwater plays. As seismic, geochemical and seabed datasets converge, the question now is whether that technical progress will translate into a commercially viable petroleum province?

Frontier Basin Moves Toward Drill-Ready Status

The Harper Basin covers Blocks LB-26, LB-30 and LB-31 under Reconnaissance License RL-003, spanning approximately 8,924 km2 offshore Liberia. TotalEnergies operates the project with a 65% interest alongside BluEnergies, which retains 35%.

The partnership formalized in January 2026 through a joint study and application agreement after BluEnergies secured an early position in the basin during 2023 and advanced independent prospect evaluation.

An independent prospective resource assessment completed in March 2025 estimated unrisked prospective resources of approximately 17.9 billion barrels of oil and 28.8 trillion cubic feet (tcf) of natural gas across seven mapped basin-floor fan systems.

Current work centers on reprocessing 6,167 km2 of legacy 3D seismic data using energy data and intelligence firm TGS. The program recently surpassed 50% completion, delivering improved subsurface imaging and enhanced amplitude versus offset analysis to identify potential hydrocarbon-bearing reservoirs.

Parallel offshore operations began on June 19, 2026, with subsurface specialists GeoPartners deploying the research vessel R/V GYRE, operated by TDI-Brooks, to survey approximately 4,045  km2 in water depths between 500 and 3,500 meters.

The campaign combines multibeam echo sounder mapping, water-column imaging, piston coring and heat-flow measurements. These datasets identify seepage pathways, characterize source-rock maturity and improve confidence in future drilling locations before integration during Q4 2026.

The Jubilee field in Ghana,the Venus field in Namibia and the recent discoveries offshore Ivory Coast have proven the significance of basin floor fan plays along the African margin

Once economically viable anomalies are finalized, TotalEnergies and BluEnergies plan to exercise their rights to convert the reconnaissance license into long-term PSCs by late 2026 or in 2027. This step legally locks in the drilling rights, positioning the partners to advance toward exploration drilling, subject to prospect maturation, regulatory approvals and investment decisions

Geological Analogues Strengthen Exploration Case

Unlike Liberia’s historically explored offshore basin, the Harper Basin occupies a structurally confined transform-margin embayment bounded by major fracture zones that concentrate sediment delivery into thick basin-floor fan complexes.

These Cretaceous-aged Cenomanian and Turonian fan systems are considered direct geological analogues to producing and discovered deepwater plays along the West Africa Transform Margin.

BluEnergies has identified seven discrete basin-floor fan complexes interpreted from seismic data. The current technical program seeks to validate reservoir quality before progressing toward production sharing contracts and exploration drilling.

Vice President of Exploration Sergio Laura says recent licensing activity across the West African margin reinforces BluEnergies’ early entry into Harper Basin, explaining in a press release, “The Jubilee field in Ghana, the Venus field in Namibia and the recent discoveries offshore Ivory Coast have proven the significance of basin floor fan plays along the African margin.”

Unlike earlier Liberian exploration focused primarily on structural traps, the Harper Basin targets stratigraphic pinch-out reservoirs sealed beneath regional marine shales, reducing reliance on fault-dependent trapping mechanisms that limited historical exploration success.

If the current technical program confirms reservoir quality, Liberia could move from being one of West Africa’s least explored offshore jurisdictions to one of its most closely watched frontier plays. With TotalEnergies providing technical expertise and BluEnergies holding an early strategic position, the next milestone is no longer identifying prospects—but determining whether they justify Liberia’s first deepwater exploration wells.

The Harper Basin’s progress comes as Liberia seeks to attract new investment through its 2026 Offshore Direct Negotiation Licensing Round, highlighting the country’s broader offshore potential and growing exploration momentum.

 

The Launch of the Liberia 2026 Offshore Direct Negotiation Licensing Round – organized by Energy Capital and Power – will take place at African Energy Week (AEW) 2026 on October 14 at The Orchid, CTICC 2. Visit, https://apo-opa.co/4rMJlS7 for more information.

 

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

 

 




 

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Alamein Africa Forum 2026: Live Coverage on Africa24

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AFRICA24 Group, the continent’s leading TV and digital media group, available in 120 million households, is deploying an optimal set-up to provide full coverage of the ALAMEIN AFRICA FORUM 2026

AFRICA24 Group (www.AFRICA24Group.com) brings you full coverage, live from Al Alamein (Egypt), from 2 to 4 October 2026, of the first edition of the Alamein Africa Forum, a biennial forum co-organised by the Government of Egypt, the African Export-Import Bank (Afreximbank) and the African Union Development Agency (AUDA-NEPAD).

Al Alamein, Egypt’s fourth new city, is hosting Heads of State and Government, senior political figures, leaders of financial institutions, private sector players and institutional investors, on the sidelines of the African Union’s second 2026 annual high-level coordination meeting.

 




  

The Alamein Africa Forum is a leading economic and political event for the continent and for entrepreneurial boldness. The vision of African sovereignty championed by the Afreximbank Group, a major partner, is reflected in plenary sessions, sector panels, closed-door roundtables and B2B/B2G meetings dedicated to the key drivers of Africa’s transformation: infrastructure, energy, digital transformation, manufacturing, critical minerals, health markets and intra-African trade.

AFRICA24 GROUP, TV MEDIA PARTNER AND LEADER OF THE AFRICAN NARRATIVE TOLD BY AFRICANS

In a rapidly changing global context marked by the promotion of the African narrative by Africans, AFRICA24 Group is the exclusive TV partner and a pillar of the Alamein Africa Forum. Through its unique coverage, AFRICA24 Group showcases a strategic continental platform designed to turn the African Union’s Agenda 2063 into tangible economic results.

360° continental and global broadcasting with AFRICA24

AFRICA24 Group, the continent’s leading TV and digital media group, available in 120 million households, is deploying an optimal set-up to provide full coverage of the ALAMEIN AFRICA FORUM 2026:

  • Live broadcasts of the opening ceremonies, economic forums and thematic panels, with our special correspondents;
  • Exclusive interviews with political decision-makers, leaders of financial institutions, investors and young African leaders attending in New Alamein;
  • Immersive reports from all sessions and side events.

With AFRICA24 Group, together, let’s transform Africa

Distributed by APO Group on behalf of AFRICA24 Group.

 

 




 

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