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Diamond Plus and Diamond Sponsors Unite at Libya Energy & Economic Summit (LEES) 2026 to Advance Libya’s Upstream Investment Agenda

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Energy Capital

Diamond Plus Sponsor Assail Drilling and Diamond Sponsors TotalEnergies, ConocoPhillips, Repsol, OMV and Eni reaffirm their support for Libya’s exploration, production and investment agenda at next month’s Libya Energy & Economic Summit

TRIPOLI, Libya, January 9, 2026/APO Group/ –Assail Drilling Company (a Diamond Plus sponsor) and TotalEnergies, ConocoPhillips, Repsol, OMV and Eni (Diamond sponsors) will participate in the Libya Energy & Economic Summit (LEES) 2026 at the highest level, reaffirming strong international and domestic backing for Libya’s upstream growth strategy as the country targets oil production of 2 million barrels per day (bpd).

Assail Drilling’s participation underscores the critical role of local drilling and services capacity in Libya’s upstream expansion. The company continues to scale operations across key producing assets, strengthening drilling capacity while supporting workforce development, safety standards and technical training across Libya’s oil and gas sector.

Recent developments across international energy company portfolios highlight Libya’s near-term production upside. In late 2025, OMV (https://apo-opa.co/4pzKPfz) announced a major discovery at the B1-106/4 well in the Sirte Basin (https://apo-opa.co/45JMnwq), with test flows exceeding 4,200 barrels per day (bpd) of oil and 2.6 million cubic feet per day of gas. Estimated recoverable volumes at the Essar prospect range between 15 and 42 million barrels of oil equivalent. OMV is engaging with the National Oil Corporation (NOC) to lift force majeure in several contract areas and advance new seismic acquisition and drilling programs in early 2026.

Reaffirming its long-term commitment to Libya’s evolving energy landscape through a multi-energy strategy spanning upstream growth, gas development and decarbonization, TotalEnergies (https://apo-opa.co/456JWnE) has worked to support the country’s ambitions to lift output, strengthen energy security and attract international capital. In 2025, the company advanced record-setting production across the Waha concessions, progressed restart plans at Mabruk, expanded exploration in the Murzuq Basin and evaluated large-scale solar capacity near Misrata alongside low-carbon solutions such as methane detection technologies.

Underscoring its strategic role in advancing Libya’s long-term production growth and investment framework, ConocoPhillips (https://apo-opa.co/4svMbuv) has deepened engagement with the NOC through high-level negotiations aimed at securing competitive fiscal and operational terms to unlock multi-billion-dollar developments. As part of its interests in Waha, ConocoPhillips is prioritizing large-scale projects such as North Gialo 6J and NC-98, as well as drilling, gas integration and operational readiness initiatives designed to support Libya’s ambition of reaching 2 million bpd by the end of the decade.

Repsol (https://apo-opa.co/49Le5eJ) has accelerated its upstream activity in Libya, lifting operated production to around 307,000 bpd and targeting 350,000 bpd by year-end. The company is executing a nine-well drilling campaign in the Murzuq Basin while advancing gas flaring reduction initiatives and an LPG project in Ubari to improve domestic energy access. Production at the El Sharara field has also exceeded 300,000 bpd for the first time since 2019, reinforcing Repsol’s growing operational momentum across the country.

Eni (https://apo-opa.co/4jyPr4u) will reinforce its position at LEES as a cornerstone of Libya’s gas-focused growth strategy. Operated primarily through Mellitah Oil and Gas, a 50-50 joint venture with the NOC, Eni is advancing the $8 billion offshore Structures A&E project, targeting up to 750 million standard cubic feet per day with first gas expected around 2026, alongside carbon capture and storage at Mellitah. The company has resumed offshore and onshore exploration, operates the Bahr Essalam and Wafa fields, plans €8 billion in investments by 2029 and has been shortlisted for Libya’s upcoming upstream licensing round.

Join industry leaders at the Libya Energy & Economic Summit 2026 in Tripoli and explore investment opportunities in one of North Africa’s most dynamic energy markets. LEES 2026 offers a premier platform for partnerships, innovation and sector growth. Visit www.LibyaSummit.com to secure your participation. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

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

Energy

African Mining Week (AMW) to Unlock Zimbabwe’s $12B Mining Vision Through Direct Investor Partnerships

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Etu Energias

A dedicated country spotlight at African Mining Week 2026 will showcase regulatory reforms and project developments across Zimbabwe’s mining value chain

CAPE TOWN, South Africa, June 25, 2026/APO Group/ –African Mining Week 2026 – The Most Influential Mining Conference in Africa – will connect Zimbabwean regulators and mining stakeholders with global investors to advance partnerships, as the country accelerates efforts to build a $12 billion mining industry by 2030.

Taking place from October 14 – 16 in Cape Town, AMW 2026 will feature a dedicated Zimbabwe Country Spotlight, showcasing lucrative opportunities across the country’s mining value chain. The country spotlight will feature high-level panel discussions, exclusive networking sessions and project showcases, connecting global investors and service providers with senior decision-makers from the Ministry of Mines and Mining Development of Zimbabwe, the Chamber of Mines of Zimbabwe and leading mining companies operating across the country.

The spotlight comes at a pivotal moment for Zimbabwe, as the country seeks fresh capital to unlock value from more than 60 known mineral occurrences spanning gold, lithium, platinum group metals, chrome, coal and rare earths.

https://apo-opa.co/43Z71HR

In a major move to improve investment competitiveness, Zimbabwe reduced mining-related license and permit fees in May 2026, lowering operational costs for investors while streamlining market participation. Registration fees for dealing in precious stones have been reduced from $15,000 to $10,000, while export permit fees have been cut from $1,875 to $500. New licensing categories – including permits for gold jewellery manufacturing and lithium processing plants – have also been introduced as part of a broader strategy to promote investments across in-country value addition projects. The reduction in fees for beneficiation projects follows the April 2026 introduction of export quotas for lithium concentrates ahead of a planned 2027 ban on concentrate exports. The shift is already reshaping the country’s lithium industry, with Zhejiang Huayou Cobalt achieving Zimbabwe’s first export shipment of lithium sulphate salts in April 2026.

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Coming into this picture, AMW 2026’s Zimbabwe Country Spotlight will provide investors with direct insights into these evolving regulatory frameworks, highlighting emerging investment and partnership prospects in lithium processing and across the mining value chain.

Zimbabwe’s gold sector is also positioned for renewed growth amid sustained high global gold prices (averaging $5,000 per ounce). In line with this momentum, Zimbabwe’s sovereign wealth fund, Mutapa Investment Fund, is seeking $250 million to expand gold mining operations. Against this backdrop, AMW 2026 offers a timely platform for investors to engage with one of Africa’s most prospective brownfield gold markets and explore opportunities across exploration, mine expansion and processing infrastructure.

https://apo-opa.co/4eCDMiU

 

AMW 2026’s strong emphasis on artisanal and small-scale mining (ASM) formalization also aligns closely with Zimbabwe’s national mining development strategy. In May 2026, Zimbabwe certified 300 small-scale miners following completion of training programs safety, compliance and productivity. Supported by funding from Mutapa Gold Resources – a subsidiary of Mutapa Investment Fund – the initiative aims to train and formalize 1,500 ASM players.

 

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As the official platform where Africa’s mining opportunities are discussed and maximized, AMW 2026 will provide stakeholders with market intelligence on Zimbabwe’s evolving mining landscape and investment outlook.

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

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Energy

Nigeria Accelerates $750B Mining Vision Ahead of African Mining Week (AMW) 2026

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Etu Energias

African Mining Week will showcase opportunities within Nigeria’s mining value chain as the country seeks capital to unlock its $750 billion worth of untapped mineral deposits

CAPE TOWN, South Africa, June 24, 2026/APO Group/ –Nigeria’s mining sector is entering a new phase of growth as regulatory reforms, downstream investments and international partnerships strengthen investor confidence in one of Africa’s largest untapped mineral markets. The country’s solid minerals sector has secured approximately $3 billion in investments over the past three years, reflecting growing investor confidence as the West African nation seeks to bridge the financing gap hindering large-scale mining development.

 

The investment milestone comes as Nigeria deepens engagement with investors to unlock its estimated $750 billion in untapped mineral resources. The country is targeting an increase in mining’s contribution to GDP to 10%, creating lucrative investment opportunities for global mining industry players.

These developments come as African Mining Week (AMW) 2026 – Africa’s Most Influential Mining Conference, taking place in Cape Town from October 14-16 – prepares to showcase Nigeria’s expanding project pipeline and investment opportunities. Through dedicated country sessions, project showcases and executive networking, the event will connect international investors with Nigerian policymakers, mining companies and service providers driving the country’s mining transformation.

Nigeria’s expanding investment pipeline is a testament to its drive to strengthen partnerships. In June 2026, indigenous company Romulus Mining announced plans to increase investments across its gold and lithium portfolio from approximately $50 million to $150 million over the next three years, underscoring growing private sector confidence in the country’s mining outlook.

A partnership deal signed with Turkey in May 2026 is expected to support cooperation in geological exploration, mining technologies, digitalization and capacity building, while creating new opportunities for Turkish investment and technical expertise across Nigeria’s mining value chain.

Meanwhile, the advancement of several downstream projects – including a $600 million lithium processing facility in Nasarawa State and a $200 million lithium processing plant in Abuja – underscores Nigeria’s commitment to boosting mineral production and supporting industrialization.

Amid these developments, AMW 2026 provides a timely platform for investors seeking to capitalize on one of Africa’s most promising mining markets. The event will facilitate strategic partnerships that support exploration, mineral processing and long-term industry growth, reinforcing Nigeria’s ambition to develop a $1 billion economy by 2030 on the back of its mining industry.

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

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Uganda’s $500B Growth Ambition Puts Mining Reform and Critical Minerals in Focus at African Mining Week (AMW) 2026

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Etu Energias

African Mining Week will connect Ugandan stakeholders with global investors, fostering discussions on the future of mining in the East African country

CAPE TOWN, South Africa, June 24, 2026/APO Group/ –As Uganda accelerates its Ten-Fold Growth Strategy aimed at expanding its economy from $59.3 billion to $500 billion by 2040, the African Mining Week (AMW) 2026 conference will serve as a key platform to connect the country’s mining sector with global capital and technical partners.

 

AMW 2026 – scheduled for October 14-16 in Cape Town – will feature a dedicated Uganda Country Spotlight, showcasing emerging investment opportunities across the mining value chain as well as ongoing regulatory reforms designed to improve the country’s investment climate.

AMW comes as a critical time for Uganda as the country advances its Mining and Minerals (Amendment) Bill 2026 to improve investor protections, licensing efficiency, local content participation and the mining sector’s contribution to GDP. The country spotlight offers a platform for Ugandan authorities to pitch global investors on streamlined licensing, new incentives and emerging investment prospects.

Uganda is also finalizing preparations for its 2026/2027 oil and mineral exploration licensing round, designed to unlock new greenfield opportunities across the critical mineral sector. AMW will highlight emerging investment opportunities in cobalt, copper, iron ore, graphite, and rare earths as Uganda prioritizes critical minerals to achieve 8% annual economic growth through 2030.

In the gold sector, Uganda is advancing formalization and industrialization initiatives, integrating artisanal and small-scale miners (ASGM) – who account for 90% of gold production – into the formal economy. The launch of three-year Domestic Gold Purchase Program and the commissioning of the Wagagai Gold Project and refinery reinforces Uganda’s strategy to boost local value addition and strengthen its gold industry ecosystem.

The Uganda Country Spotlight at AMW 2026 will convene regulators, project developers, mining companies, financiers and global service providers to shape the future trajectory of Uganda’s mining sector.

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

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