Connect with us
Anglostratits

Business

China Bridge Energy Commits to Bringing Innovative Engineering, Procurement, and Construction (EPC) and Financing Solutions

Published

on

China Bridge Energy

Taking place November 4-8 in Cape Town, African Energy Week: Invest in African Energy serves as the premier deal-signing platform for African projects and international investors

CAPE TOWN, South Africa, September 12, 2024/APO Group/ — 

Maritime and energy firm China Bridge Energy is assessing project opportunities across Africa with a view to creating win-win collaborations and advancing the development of cost-effective oil and gas solutions. With experience in ship brokerage; financing and refinancing; ship building and conversion; and oil and gas projects, the company aims to use its Engineering, Procurement and Construction (EPC) and financing solutions to address energy challenges and drive long-term economic growth.

A delegation from China Bridge Energy is joining the African Energy Week (AEW): Invest in African Energy conference this November (4-8) to gain insight into African projects and partnership opportunities. With the aim of driving projects forward and fostering stronger commercial ties between Africa and China, the company is inviting African firms and energy stakeholders to engage during this year’s conference.

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.

China Bridge Energy has a history of offering support for large-scale project developments in Africa. The company collaborated with the China Petroleum Technology and Development Corporation (CPTDC) to offer an EPC and financing package for the Coral South FLNG project in Mozambique. China Bridge Energy selected the Hudong-Zhonghua Shipyard and Black & Veatch as EPC partners while mobilizing a consortium comprising CPTDC, China Development Bank and Bank of China to offer a financing package to cover 90% of the project’s required funding.

China Bridge Energy represents a company that is focused on collaboration and unlocking real value across Africa’s oil and gas industry

In Cameroon, China Bridge Energy provided support for the Etinde Field Project, comprising 1.7 trillion cubic feet of proven gas reserves. The company partnered with CPTDC and China Petroleum Pipeline Engineering (CPP) for the EPC. Additionally, to help fund the early stages, China Bridge Energy provided a short-term loan of $50 million (10% of the total contract price) and also arranged for another $50 million investment through the CMB Group to support the bidding process.

Additionally, in 2021, China Bridge Energy worked on a gas project in Morocco that involved three key components: building a gas processing plant, laying down pipelines and drilling wells. The company constructed a 120-km pipeline that connects to an existing pipeline to supply gas to local power plants. The project included drilling five wells before the gas was ready for use and seven more afterward. China Bridge Energy organized CPP to handle the plant construction and pipeline work

One of China Bridge Energy’s Nigerian clients is planning to build a FLNG facility with a storage capacity of 200,000 m³. The total cost of this project is $1.8 billion. China Bridge Energy reached out to the Bank of China and secured a financing solution for the project. For the construction, the company chose international contractors JGC and Technip to handle the entire process. In Ghana, the company provided an initial service plan for the Ghana Petroleum Hub – estimated to cost $60 billion. The project includes building refineries, storage tanks, petrochemical plants, jetties, a port and other infrastructure. To support the project, China Bridge Energy is working closely with its partners to offer both EPC and financing solutions.

Leveraging this experience, China Bridge Energy is assessing new opportunities in Africa’s energy sector. The company’s services include EPC solutions, with strong ties to Chinese shipyards such as China Merchants, Wison Shipward, China Ocean Shipping Company and more ensuring the effective procurement and construction of relevant modules for EPC projects. China Bridge Energy’s own shipyard has extensive experience in developing LNG modules. In terms of other engineering solutions such as pipeline, tanks and more, the company leverages its partnerships with professional engineering companies such as China Harbor Engineering Company, China Petroleum Engineering & Construction Corporation and others to provide full service ECP solutions.

In the financing side, China Bridge Energy offers a range of support to get projects off the ground. The company utilizes financing from both domestic banks in China, including the Bank of China and Export-Import Bank of China, as well as international corporations to support development. Opportunities for equity investments in projects are also available, with flexibility at the core of capital-raising. The company not only offers to provide a high percentage of the project’s financing but up to 50% equity investment. The company works closely with a range of Chinese off-takers, covering crude oil, LNG, LPG, methanol and other oil and gas-related products.

“China Bridge Energy represents a company that is focused on collaboration and unlocking real value across Africa’s oil and gas industry. With a strong project portfolio and experience operating across the African market, the company is committed to engaging with African government, national oil companies and private sector firms to drive more investment into African energy projects. This is what Africa needs: a strong global partner that is focused on value, collaboration and finding innovative solutions to project development,” 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

Published

on

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.

Continue Reading

Business

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

Published

on

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).

Continue Reading

Business

Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

Published

on

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.

 

Continue Reading

Trending