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Driving Africa’s Energy Narrative: Wood Mackenzie Joins African Energy Week (AEW) 2023 as Bronze Sponsor

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Mackenzie

Wood Mackenzie has confirmed its participation at African Energy Week 2023 as a bronze sponsor, where the firm will shape discussions around sustainability, investment and partnership opportunities within the African energy market

JOHANNESBURG, South Africa, July 27, 2023/APO Group/ — 

With over 125 billion barrels of crude oil reserves and 620 trillion cubic feet of natural gas, Africa represents a highly attractive hydrocarbon investment destination. Under efforts to bolster energy security through sustainable oil and gas development, many African countries are inviting investors to seize the opportunities the promising continental market presents. In this scenario, companies such as global energy research and consultancy group Wood Mackenzie are key, providing the information and consultancy services potential investors require to make informed decisions about the market.

During this year’s edition of the continent’s biggest energy event, African Energy Week (AEW) – taking place from 16 – 20 October in Cape Town – the African Energy Chamber (AEC) is proud to announce that Wood Mackenzie represents a bronze sponsor.

As a research firm offering insights into the oil, gas, renewables and commodities sectors, Wood Mackenzie contributes towards the sustainable development and growth of the continent’s energy landscape. The company provides in-depth research and analysis of Africa’s energy market trends, showcasing investment and partnership opportunities to global investors seeking to tap into the continent’s lucrative energy prospects.

Boasting 50 years of experience in energy and natural resources, Wood Mackenzie has positioned itself as a reliable market intelligence partner for African governments and global companies. Through its written analysis, reports and data, the company helps stakeholders make strategic investment and development decisions, thereby growing the continent’s energy market while promoting Africa’s energy narrative.

Companies like Wood Mackenzie are vital to unlock a new era of energy sector expansion and economic stability for Africa

In the oil and gas industry, the company tracks Africa’s latest low-emissions developments and provides rich sector analyses. This information continues to drive investments in E&P projects while accelerating the growth of the continent’s entire hydrocarbons value chain. The company’s role in mergers and acquisitions deals across Africa’s new and marginal oil and gas fields has enabled global hydrocarbon industry players to separate risk from opportunities, enhancing investments and developments across the continent. In addition to research and market insights, the firm offers bespoke, independent advice that helps clients navigate critical challenges to make and execute energy investment decisions with confidence.

Now, with Africa seeking to attract more investors to maximize the development and exploitation of its oil and gas resources for energy security and economic growth, the company is set to play a much larger role in providing trusted valuations and transactional support, research reports and data analytics, as well as ongoing support for current and future investors. During AEW 2023, Wood Mackenzie will play an instrumental part in driving discussions around Africa’s oil, gas and sustainable development opportunities. The event features in-depth panel discussions covering the entire African energy value chain.

In the renewables sector, Wood Mackenzie’s project evaluations, policy and regulatory insights, thought leadership and strategic consulting is empowering African governments to optimize renewables strategies and investors to capitalize on the continent’s growing opportunities. The firm provides unparalleled insights into the continent’s current project pipeline, future investment opportunities, and policies and fiscal terms. AEW 2023 will not only explore ongoing renewable energy market trends, but with Wood Mackenzie’s sponsorship, provide insight into how investing in African renewables will unlock high returns while contributing towards making energy poverty history.

“Wood Mackenzie’s analyses and know-how of the African energy landscape has paved the way for new investments to be made across the oil, gas, renewables and power markets. With African countries boosting the exploitation of local resources for energy security and global investors seeking reliable partners to navigate industry opportunities, the company’s assessments and strategic advice is valuable. Companies like Wood Mackenzie are vital to unlock a new era of energy sector expansion and economic stability for Africa,” stated NJ Ayuk, the Executive Chairman of the AEC.

Under the theme ‘The African Energy Renaissance: Prioritizing Energy Poverty, People, the Planet, Industrialization and Free Markets’, AEW 2023 will host Wood Mackenzie in high-level discussions and technical presentations around Africa’s energy challenges and opportunities.

AEW is the AEC’s interactive exhibition and networking event uniting African energy stakeholders, driving industry growth and development, and promoting Africa as the destination for African-focused events. For more information about sponsorship, attendance, and partnership opportunities, visit www.AECWeek.com.

Distributed by APO Group on behalf of African Energy Chamber

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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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Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

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Etu Energias

As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

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

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Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

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Energy

The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

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

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