The upcoming 2027 edition of LEES will build directly on this trajectory, expanding Libya’s investment pipeline across hydrocarbons, renewables and infrastructure while deepening international participation following record deal activity in 2026.

In 2026, the fourth edition of LEES delivered its most significant upstream package to date: a $20 billion, 25-year Waha Concession amendment between Libya’s National Oil Corporation (NOC) and TotalEnergies alongside ConocoPhillips. The agreement targets a production increase to 850,000 barrels per day through redevelopment of mature assets including North Zella and NC-98, fully financed through foreign capital under an enhanced recovery and infrastructure upgrade framework.

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At LEES 2026, NOC Chairman Masoud Suleman signed a MoU with Chevron to evaluate oil and gas exploration opportunities, field development and enhanced recovery initiatives, later expanding cooperation to assess unconventional resources across the Sirte, Murzuq and Ghadames basins. Suleman also oversaw a letter of intent between NOC subsidiary NAGECO and TGS to expand multi-client seismic acquisition programs and generate high-resolution subsurface data supporting future licensing rounds and exploratory drilling.

At the government level, Minister of Oil and Gas Dr. Khalifa Abdulsadek formalized a Libya-Egypt petroleum cooperation MoU aimed at strengthening technical collaboration, infrastructure development and capacity building across the oil, gas and mining sectors. During the summit, the Libyan Council for Oil, gas and Renewable Energy signed a strategic partnership with Business France focused on expanding private-sector participation and supporting Libyan SMEs.

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The 2024 edition of LEES acted as a platform for advancing projects already under development, most notably showcasing progress on TotalEnergies’ 500 MW Sadada solar PV project with the General Electricity Company of Libya (GECOL), first announced during the inaugural 2021 summit. The project remains a cornerstone of Libya’s renewable energy strategy, supporting grid stabilization and diversification away from oil-dependent power generation in partnership with the Renewable Energy Authority of Libya.

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Beyond solar, 2024 also formalized Libya’s international upstream reopening through the launch of a national licensing round, drawing qualified interest from majors including Eni, Repsol and BGN Energy. Additional outcomes included exploratory discussions on a Malta-Libya undersea renewable energy interconnector, designed to evaluate cross-Mediterranean power exchange potential and long-term grid export opportunities, reinforcing Libya’s positioning as both a hydrocarbons exporter and emerging regional energy hub.

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The inaugural LEES 2021 marked Libya’s reintegration into global energy investment flows after a prolonged hiatus, featuring the announcement of TotalEnergies’ 500 MW solar partnership with GECOL and parallel gas-flaring reduction initiatives across western oilfields. Infrastructure-focused agreements, including upgrades linked to the Misrata Free Zone, further supported logistics and export capacity expansion. Initial discussions involving ConocoPhillips, Hess Corporation and other international operators laid the groundwork for subsequent upstream rehabilitation efforts and the wave of large-scale investments that would follow in later editions of the summit.

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“LEES has become the decisive platform for converting Libya’s energy potential into structured, bankable investment opportunities across hydrocarbons and renewables,” says James Chester, CEO, Energy Capital & Power. “The 2027 edition will build on this momentum, further accelerating international capital inflows and long-term sector partnerships.”

Join industry leaders at the Libya Energy & Economic Summit 2027 in Tripoli and explore investment opportunities in one of Africa’s most dynamic energy markets. LEES 2027 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.

The Lifetime Achievement Award is the highest distinction presented during the African Energy Awards, held annually as part of AEW. The non-voting category recognizes individuals whose careers have left a lasting mark on Africa’s energy industry through sustained leadership, institutional development, investment promotion and contributions to regional cooperation.

Few leaders know SNPC as intimately as Ominga. Joining the company in 2001 in the finance and accounting department, he steadily rose through the ranks before being appointed Director General in 2018. Reappointed in 2022 and again in 2025 following the adoption of SNPC’s revised corporate statutes, his continued tenure reflects sustained confidence in a leadership style centered on long-term institutional growth, operational discipline and continuity.

Under Ominga’s leadership, SNPC has evolved from a traditional national oil company into a broader energy player with an expanding upstream portfolio and growing regional profile. The company continues to hold interests in many of the Republic of Congo’s largest producing assets while participating in new discoveries that have reinforced the country’s long-term exploration potential.

A defining feature of Ominga’s tenure has been a strategic shift toward long-term value creation through gas monetization. Under his direction, SNPC has played a central role in supporting the Congo LNG project, helping position the Republic of Congo among Africa’s emerging LNG exporters and accelerating the country’s transition toward large-scale gas development.

Institutional transformation has been equally central to his leadership. Ominga has overseen organizational restructuring, strengthened corporate governance and placed greater emphasis on operational performance, while steering SNPC toward increased use of domestic capital markets to reduce reliance on international lenders and strengthen local financial capacity. He has also prioritized workforce development, greater gender inclusion in leadership and the development of internal capabilities supporting gas and new energy initiatives.

His influence has extended well beyond SNPC. A longstanding advocate for stronger collaboration among Africa’s national oil companies, Ominga has consistently promoted regional partnerships, African financing solutions and energy sovereignty as essential to unlocking the continent’s long-term investment potential. This vision has helped elevate both SNPC’s regional profile and the Republic of Congo’s role in Africa’s evolving energy landscape.

Ominga’s leadership has also been recognized beyond the energy sector. In 2026, he was awarded the Gold Medal of the Ligue universelle du bien public, recognizing his leadership, commitment to the public good and contributions to economic and social development. The distinction reflects a leadership philosophy that extends beyond commercial performance, emphasizing institution-building, human capital development and the role of energy in supporting national progress.

“Maixent Raoul Ominga represents the kind of steady, visionary leadership that has helped transform SNPC into a more resilient and forward-looking national oil company,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “His commitment to building local capacity, strengthening governance and positioning Congo’s energy sector for the future makes him a deserving recipient of this year’s Lifetime Achievement Award. We congratulate him on this well-earned recognition.”

AEW 2026 will provide a platform for Senegal to engage investors as it builds on recent upstream successes, advances domestic gas utilization and expands the infrastructure needed to support long-term energy security and industrial growth.

Minister Diouf assumed office in June 2026 following the formation of Senegal’s new government. As head of the Ministry of Energy and Petroleum, he is leading efforts to accelerate upstream development, expand domestic gas utilization and strengthen the regulatory framework supporting long-term investment. His appointment comes as Senegal transitions from hydrocarbon explorer to producer, seeking to leverage new oil and gas output to improve energy security, reduce fuel import dependence, lower electricity costs and support industrialization.

The Sangomar offshore oil field exceeded production expectations in 2025, producing 36 million barrels, while exports reached approximately 3.8 million barrels in January 2026 alone. Operator Woodside Energy is evaluating a second phase of development that could further increase production. At the same time, the Greater Tortue Ahmeyim LNG project continues to ramp up operations while supplying 35 million standard cubic feet of gas per day to Senegal’s domestic market. In April, national oil company Petrosen secured full ownership of the Yakaar-Teranga gas field, home to an estimated 25 trillion cubic feet of gas that will underpin the country’s long-term gas monetization and gas-to-power strategy.

Beyond upstream development, Senegal is investing heavily in the infrastructure needed to monetize its gas resources domestically. Earlier this year, Petrosen launched its first independently operated $100 million onshore exploration campaign, while the government continues advancing plans for a proposed 400-km domestic gas pipeline network to connect offshore gas production with industrial consumers. As part of its objective to generate 75% of installed power capacity from natural gas, Senegal is also expanding gas-fired generation through projects including the conversion of the existing 335 MW Bel Air power plant and the construction of a new 366 MW gas-fired power plant.

Alongside these investments, Senegal is strengthening the policy framework underpinning long-term sector growth. This year, the government advanced reforms to its local content regulations aimed at increasing domestic participation across the petroleum value chain while adopting its first national standards for solar photovoltaic equipment. Together, these initiatives reflect Senegal’s strategy of leveraging natural gas development alongside renewable energy expansion to support sustainable economic growth.

“Senegal is entering an exciting new phase of energy development, backed by world-class oil and gas resources, ambitious infrastructure investments and progressive regulatory reforms. Minister Diouf’s participation at AEW 2026 provides investors with a timely opportunity to engage directly with the leadership shaping one of Africa’s most dynamic energy markets,” says NJ Ayuk, Executive Chairman of the African Energy Chamber.

At AEW 2026, Minister Diouf is expected to participate in high-level discussions on upstream investment, gas monetization, energy infrastructure and regional energy cooperation, highlighting Senegal’s growing role as one of West Africa’s leading investment destinations.