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Elm signs Memorandum of Understanding (MoU) with Digital Development Agency in Morocco in GITEX 2023

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The agreement establishes a framework for bilateral collaboration between Elm and the Digital Development Agency in Morocco to share expertise and best practices in the digital field

DUBAI, United Arab Emirates, June 2, 2023/APO Group/ — 

Elm (https://apo-opa.info/3IMOx3f), a leading digital solutions company, signed a Memorandum of Understanding (MoU) with Digital Development Agency in Morocco, a governmental agency focused on implemantation of the Morrocan’s government policies in digital development. The MoU was signed on the sidelines of GITEX Africa, the largest technological event in Africa, which was held from May 31, 2023 till June 2, 2023, in Morocco.

Elm’s spokesperson and VP of Marketing, Majid bin Saad Al-Arifi and Mohamed Almelliani, General Manager of the Digital Development Agency in Morocco, signed the agreement in the presence of officials from both sides.

Under the agreement, Elm will further contribute its knowledge in enabling digital services at the highest levels of safety and competency for the public and private sectors

The agreement establishes a framework for bilateral collaboration between Elm and the Digital Development Agency in Morocco to share expertise and best practices in the digital field, organise workshops with relevant entities to keep up with the latest developments in digital transformation, develop and launch the digital platforms and provide consultancy and business management services. Furthermore, the agreement includes researching the feasibility of utilising Elm’s expertise in consultancies and implementing digital transformation projects, as well as leveraging the successful experience of various projects, such as managing offices to achieve Saudi Vision 2030.

Additionally, under the agreement, Elm will further contribute its knowledge in enabling digital services at the highest levels of safety and competency for the public and private sectors, as well as providing business accelerators and startup financing. Elm will conduct additional due diligence on a number of businesses nominated by the Digital Development Agency in Morocco. The MoU also includes organising training programs, consulting and technological workshops in collaboration with relevant entities, through which both parties will exchange expertise and knowledge in the field of digital transformation in private and public sectors, as well as introduce their respective teams and most recent developments and innovations. Furthermore, Elm will also work with the Agency to launch advanced digital platforms aimed at governmental and private institutions, provide consultancy and business management services and help organise various activities and events to raise awareness on the significance of digital transformation and modern technology. 

Elm’s spokesperson and VP of Marketing, Majid bin Saad Al-Arifi, said: “We are delighted to sign this MoU with the Digital Development Agency in Morocco, which reflects our mutual commitment to exploring possibilities of promoting our collaboration and joint efforts, as well as adopting digital innovations and solutions to improve competency of work mechanisms and transparency and reliability of service channels. We are confident in this partnership as the beginning of a qualitative relationship based on digitisation, exchange of perspectives, expertise and best practices that encourage smart transformation. Elm is dedicated to sharing its expertise and experience, as well as expanding its footprint within and beyond Saudi Arabia, in accordance with our ambitious development strategy and the significance of the partnership in accelerating digitisation and meeting future requirements.”

The MoU between Elm and the Digital Development Agency in Morocco demonstrates GITEX Africa’s leading position as an ideal platform for networking and promoting collaboration between various entities in the digital and technological sectors, as well as the growing importance of digitisation in Morocco and Africa and the flow of investments in the technological sector throughout the region.

Distributed by APO Group on behalf of Elm.

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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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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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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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