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Cameroon Advances Gas-to-Industry Agenda with First Delivery from Bipaga Processing Center

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The milestone affirms the critical role natural gas plays in Africa

YAOUNDÉ, Cameroon, July 16, 2024/APO Group/ — 

The Bipaga Gas Processing Center in Cameroon has transported its first gas cargo to the Keda Ceramics manufacturing plant via a 6 km-long pipeline constructed by national oil company Société Nationale des Hydrocarbures (SNH) and independent hydrocarbon producer Perenco. Keda Ceramics – the largest ceramics facility in the region – will utilize the gas to power factory generators and kilns, enabling the production of approximately 20 million m² of ceramic tiles once the facility is fully commissioned.

The African Energy Chamber (AEC) – serving as the voice of the African energy sector – celebrates the milestone achieved by Perenco and the government of Cameroon. Representing the first gas-to-industry project spearheaded by Perenco in Central Africa, the delivery showcases the critical role natural gas plays in driving industrialization across the region. The project is a testament to how gas can be produced and monetized in a way that supports domestic manufacturing and job creation and is the start of a new era of growth for the Cameroonian economy.

Cameroon is setting a trend for other resource-rich nations in Africa that are seeking innovative solutions to advance industrialization

Cameroon aims to become a manufacturing hub, driving industrialization through the development of natural gas projects. The country’s Industrialization Master Plan – adopted in 2016 – outlines a strategy to position the country as a regional electricity provider; a supplier of agro-industrial produce; and a top equipment manufacturer. The Keda Ceramics project falls under this plan. Once fully commissioned the factory will utilize up to six million cubic feet of gas per day to power its operations, creating 2,000 direct and indirect jobs in the Kribi region. Gas will be supplied under a 20-year agreement signed in September 2022 with Perenco and SNH.

The project represents just one of the many underway that aim to bolster gas monetization in Cameroon. On the LNG front, Cameroon aims to increase production from the existing 1.6 million tons per annum (mtpa) to five mtpa by 2026. The country represented the first in the world to convert an LNG carrier into an FLNG vessel, with the Hilli Episeyo FLNG facility – developed by LNG manufacturer Golar LNG, Perenco and SNH – celebrating its 100th cargo delivery in 2023. The project partners are currently in discussions to re-contract the FLNG vessel beyond the end of its existing contract period (July 2026).

Beyond LNG production, Cameroon plans to increase LPG for clean cooking use to 58% by 2035 and is inviting investment in midstream and downstream infrastructure. SNH currently operates a domestic gas depot in Bipaga, representing the country’s sole supplier of locally-produced LPG. The country’s LPG Masterplan – launched in 2016 – envisages 400 million euros in financing to fund an additional seven million LPG cylinders in the country while strengthening importation, storage, transportation and retail infrastructure. In the power sector, natural gas projects aim to bolster electrification and economic growth. The Kribi Gas-Fired Power Plant – operational since 2013 – has a capacity of 341.3 MW and is located in southern Cameroon. The project utilizes gas from the Sagana South offshore gas field and provides the region will clean power.

Meanwhile, Cameroon is seeking new investment in exploration as well as alternative pathways to monetize stranded reserves. Independent oil and gas company Tower Resources extended the first exploration period of the Thali PSC in the Rio del Rey basin in January 2024. The contract calls for the drilling of one exploration well. Estimated to contain up to four distinct play systems, the Thali prospect offers the potential for additional discoveries. Additionally, in June 2023, Perenco signed a new 20-year PSC with SNH for the continued development of the Rio del Rey Basin. The basin has approximately 1.2 billion barrels of undeveloped reserves. Further exploration across the market will not only increase national oil and gas production but support industrialization efforts across the country.

“Cameroon is setting a trend for other resource-rich nations in Africa that are seeking innovative solutions to advance industrialization. By directing investment towards gas processing and distribution while promoting new exploration to sustain supplies, the country is fast-tracking the development of multiple industries country-wide. Gas is a fuel for industrialization in Africa and Cameroon is a testament to this,” states NJ Ayuk, Executive Chairman of the AEC.

Distributed by APO Group on behalf of African Energy Chamber.

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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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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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