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Equatorial Guinea to Launch EG Ronda 2026 Licensing Round at African Energy Week (AEW) 2025 Amid Surge in Upstream Investment

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African Energy Chamber

Equatorial Guinea will launch its new EG Ronda 2026 licensing round at this year’s AEW: Invest in African Energies 2025 conference, offering new acreage, world-class fiscal terms and major investment opportunities in upstream oil and gas

CAPE TOWN, South Africa, September 3, 2025/APO Group/ –Equatorial Guinea will launch its highly anticipated EG Ronda 2026 licensing round at this year’s African Energy Week (AEW): Invest in African Energies, taking place from September 29 to October 3 in Cape Town. The licensing round takes place Monday 29 September and forms part of the country’s broader strategy to revitalize its upstream sector, attract new investment and unlock exploration and production opportunities offshore. The licensing round will be officially unveiled during a high-level session – Equatorial Guinea’s New Exploration Drive – at AEW: Invest in African Energies 2025, led by Antonio Oburu Ondo Minister of Hydrocarbons and Mining Development, Equatorial Guinea. During this session, detailed geological data will be presented, offering investors insight into the structure, stratigraphy and prospectivity of Equatorial Guinea’s offshore basins.

 

In preparation for EG Ronda 2026, the Ministry of Hydrocarbons and Mining Development has partnered with U.K.-based Searcher Seismic on a $60 million program to acquire and reprocess 2D and 3D seismic data across uncharted acreage. The initiative aims to provide prospective investors with high-quality datasets, de-risking exploration and highlight frontier potential across Equatorial Guinea’s offshore basins. By offering robust technical data packages, the government seeks to boost competitiveness, restore investor confidence and strengthen long-term energy security.

AEW: Invest in African Energies 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. 

The licensing round comes at a pivotal moment for Equatorial Guinea, with a series of recent developments underscoring renewed international interest in the country’s oil and gas sector.

In June 2025, energy major ConocoPhillips transported its inaugural LNG cargo from the Punta Europa facility, advancing the country’s flagship Gas Mega Hub initiative. Following its 2024 acquisition of Marathon Oil, ConocoPhillips now holds interests in the Alba Unit and Block D, securing long-term participation in both gas and liquid development. This company is also undergoing an infill drilling campaign in Alba Block, Independent operator Trident Energy continues to deliver strong results from Block G – home to the Ceiba and Okume fields – where it holds a 40.375% operated stake. In late 2024, the company brought online its first infill well and is enhancing subsea integrity through a digital twin solution developed with Canadian technology firm Enaimco. Upstream oil company Kosmos Energy, a partner in Block G with a 40% participating interest, recently completed an exploration drilling campaign and is reprocessing seismic data with advanced technology to high-grade future opportunities. Both companies are focused on sustaining production while de-risking future development, reinforcing Equatorial Guinea’s status as a hub for upstream investment.

EG Ronda 2026 represents a major step in unlocking Equatorial Guinea’s offshore and onshore potential

Oil and gas company Panoro Energy has also expanded its footprint with the signing of a production sharing contract (PSC) for Block EG-23, in partnership with Equatorial Guinea’s national oil company (NOC) GEPetrol. The shallow-water block covers 600km2 and holds an estimated 104 million barrels of oil and condensate and 215 billion cubic feet of gas in contingent resources. Panoro Energy is initially undertaking subsurface studies before moving into exploration drilling, highlighting the untapped potential of Equatorial Guinea’s offshore acreage.

Meanwhile, hydrocarbon exploration company Vaalco Energy is advancing development of Block P, which holds the Venus discovery and over 20 million barrels of recoverable oil. With a final investment decision expected soon, the project is targeting first oil in 2026 and peak output in 2028. The entry of Vaalco Energy to Equatorial Guinea marks another milestone in the country’s drive to restore production growth.

Multinational energy corporation Chevron entered Equatorial Guinea by acquiring Noble Energy. This major recently signed two new PSCs for Blocks EG-06 and EG-11, representing a $2 billion investment with GEPetrol. Located near the Zafiro field, the blocks include deepwater acreage and a prior discovery at Avestruz-1. The agreements underscore the renewed confidence of international majors in Equatorial Guinea’s resource base and fiscal environment, as the country positions itself for a new era of exploration-led growth.

As the country’s NOC, GEPetrol is driving the transformation of Equatorial Guinea’s upstream sector through strategic partnerships, deepwater field redevelopments and targeted operational advancements. By optimizing legacy assets, accelerating exploration and implementing technical innovations, the company is aiming at boosting production, strengthening operational efficiency and reinforcing its position as a premier national operator. Equatorial Guinea’s offshore geology is characterized by deepwater and shallow-water sedimentary basins rich in hydrocarbons. The region features a mix of Tertiary and Cretaceous reservoirs, with proven structural traps and complex stratigraphic plays. Significant potential exists in both proven fields and underexplored frontier acreage, particularly in the deepwater areas, where high-quality reservoirs and source rocks create exploration targets for oil and gas development.

On the regulatory side, Equatorial Guinea is focused on being highly competitive on a global scale.  Essential regimes have just gone or are going under a revision for optimization. The oil and gas companies were very instrumental to the recent reform of the Tax Regime, as well as the reform of the Labor Regime. The reform of the Petroleum Regime is said to be active by the end of the year 2025.

“EG Ronda 2026 represents a major step in unlocking Equatorial Guinea’s offshore and onshore potential. It will attract leading investors, drive exploration and stimulate sustainable growth. We are committed to offering world-class fiscal and regulatory terms to support this development” states Minister Ondo.

“Against this backdrop of heightened activity, EG Ronda 2026 will serve as the official platform to unlock the next wave of investment and exploration success in Equatorial Guinea. The licensing round offers new acreage opportunities to explore proven and innovative plays in modest water depths, with world-class fiscal packages and increasingly attractive terms. By offering improved and competitive fiscal frameworks alongside high-quality exploration potential, EG Ronda 2026 will launch the next era of exploration success when Equatorial Guinea will become, again, a global exploration and commercial hotspot for the industry.”

Click here (https://apo-opa.co/4nb9GWi) for your exclusive invitation to EG Ronda 2026.

Distributed by APO Group on behalf of African Energy Chamber.

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African Petroleum Producers’ Organization (APPO) Chief Ghezali to Bring Pan-African Energy Perspective to Libya Energy & Economic Summit (LEES) 2027

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Etu Energias

APPO Secretary General Farid Ghezali will join government, industry and investment leaders in Tripoli as Libya targets higher oil and gas production and seeks to attract new capital into its upstream sector

TRIPOLI, Libya, September 2, 2026/APO Group/ –Farid Ghezali, Secretary General of the African Petroleum Producers’ Organization (APPO), will speak at the Libya Energy & Economic Summit (LEES) 2027, taking place January 23–25 in Tripoli, adding a senior continental voice to discussions on the country’s next phase of energy development.
 




 

The announcement comes as Libya seeks to raise oil and gas production and attract new investment across its upstream sector. The National Oil Corporation (NOC) reported crude output of 1.44 million barrels per day (bpd) in June 2026, while targeting 1.5 million bpd in the near term and 2 million bpd over the longer term. Meeting these targets will require further investment in exploration, field development, infrastructure and production capacity.

Against this backdrop, Ghezali’s participation at LEES 2027 will bring a pan-African perspective to the event, with the organization representing African oil-producing countries and promoting cooperation on petroleum policy, investment, technology, capacity building and the development of the continent’s hydrocarbon resources.

His participation also comes as APPO’s engagement with Libya deepens. Tripoli hosted the organization’s 2026 Training Officials Forum, reinforcing Libya’s role in continental energy cooperation. At LEES 2027, Ghezali will contribute to discussions examining how Libya can translate its resource base and production ambitions into new investment, partnerships and energy-sector growth.

The fifth edition of LEES will bring together governments, national oil companies, international operators, investors and service companies to explore opportunities across Libya’s oil and gas sector, alongside power and renewable energy. With Libya seeking to expand production while attracting the capital and technical expertise required to unlock new resources, the summit will provide a platform for dialogue between African producers and the international investment community.

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

 




 

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Oil & Gas Arbitration in Africa Moves Up the Investor Agenda at African Energy Week (AEW) 2026

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African Energy Chamber

A dedicated Upstream E&P Forum panel will examine how resource nationalism, ESG requirements and geopolitical disruption are reshaping dispute resolution across Africa’s oil and gas sector

CAPE TOWN, South Africa, September 2, 2026/APO Group/ –As African governments seek greater state participation, higher local content and a larger share of resource revenues, the terms governing oil and gas investments are changing across the continent. Since 2014, 31 African countries have reformed their mining and petroleum codes, creating new commercial and regulatory considerations for international investors. The resulting environment is placing greater emphasis on how upstream agreements anticipate regulatory change, protect investments and resolve disputes when commercial assumptions shift.
 




 

African Energy Week (AEW) 2026, taking place October 12–16 in Cape Town, will bring this issue into focus through a dedicated session at the Upstream E&P Forum: Resource Nationalism, ESG and Investor Protection: The New Frontier of Oil and Gas Arbitration in Africa. Sponsored by Africa-focused legal and advisory firm CLG, the panel will bring together operators, investors, legal practitioners and government representatives to examine how commercial agreements can be structured to manage disputes before they escalate.

Nigeria provides a clear example of how the legal architecture around upstream investment is evolving. The Petroleum Industry Act, enacted in 2021, overhauled the country’s petroleum fiscal and regulatory framework, changing the terms governing production-sharing contracts, joint ventures and other upstream arrangements. Nigeria has also strengthened its dispute-resolution framework through the Arbitration and Mediation Act of 2023, while the Nigerian Upstream Petroleum Regulatory Commission has promoted an Alternative Dispute Resolution Center designed to provide a sector-specific mechanism for resolving upstream disputes.

You cannot do a deal in Africa today without thinking seriously about how you would resolve a dispute if the terms change

Senegal illustrates another dimension of the challenge. Following first oil at the Sangomar field in 2024 and a rapid production ramp-up, the government established a commission to review existing oil and gas contracts with operators including Woodside and bp. While governments retain the sovereign right to review their resource agreements, such processes can alter the commercial assumptions underpinning investments and raise questions around stabilization provisions, production-sharing terms and other contractual protections.

Across parts of West Africa, political transitions, security disruptions and changes to mining and petroleum legislation are adding further uncertainty for investors. At the same time, geopolitical shocks and shifting global energy policies are testing agreements that were negotiated under very different market conditions. For companies committing billions of dollars to long-life upstream projects, the ability to anticipate and manage those changes has become an increasingly important component of investment decisions.

Arbitration remains a central tool. A review by Nigerian law firm OAL found that by 2025, most cross-border oil, gas and power agreements in Africa expressly identified arbitration as the preferred dispute-resolution mechanism. At AEW 2026, the Upstream E&P Forum panel will examine why arbitration continues to dominate cross-border energy contracts and how bilateral investment treaties, domestic legislation, ESG obligations and changing regulatory requirements interact when disputes arise.

“You cannot do a deal in Africa today without thinking seriously about how you would resolve a dispute if the terms change. We’re increasingly seeing arbitration planning as part of the commercial conversation from the start, and rightly so,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “That commercial focus is central to AEW 2026, which brings governments, investors, operators and legal experts together to address the practical conditions required to unlock the continent’s next wave of energy investment.

The Resource Nationalism, ESG and Investor Protection session will examine the intersection of contractual protections, regulatory change, political risk and the technical complexities of energy projects, giving investors and governments a practical forum to consider how stronger dispute-resolution frameworks can support Africa’s next generation of oil and gas investment.

Distributed by APO Group on behalf of African Energy Chamber.

 




 

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Project & Investment Network and African Infrastructure Elites: A stronger platform for African project visibility

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Project

The Project & Investment Network is a dedicated meeting ground for project developers, financiers, investors, utilities, municipalities, commercial and industrial energy users and strategic partners active in Africa’s power, energy and water sectors

 




 

CAPE TOWN, South Africa, September 2, 2026/APO Group/ –Africa’s power, energy and water sectors need more than good ideas. They need visibility, credibility, structured engagement and the right capital connections.

The Project & Investment Network (https://apo-opa.co/4qPyeal) (P&IN), created by VUKA Group, supports this by creating a curated environment where project owners can present opportunities and investors can identify high-potential developments aligned with their mandates. With African Infrastructure Elites (https://apo-opa.co/4h4j2mu) as Host Media Partner, these opportunities gain additional reach through one of Africa’s trusted power, energy, water and utility media platforms.

This partnership helps bridge a persistent gap in the market: strong projects need access to capital and investors need credible, well-positioned opportunities.

The Project & Investment Network is a dedicated meeting ground for project developers, financiers, investors, utilities, municipalities, commercial and industrial energy users and strategic partners active in Africa’s power, energy and water sectors.

Through this collaboration, African Infrastructure Elites will support The Project & Investment Network by amplifying the projects, people and investment conversations shaping Africa’s infrastructure future.

Upcoming opportunities to participate

P&IN will create opportunities for project owners and investors to engage across VUKA Group’s upcoming power, energy and water events:

Project & Investment Network Open: 23 October 2026, Serengeti Golf Club, Johannesburg, South Africa: Register your interest (https://apo-opa.co/4ygw8D6) in participating in the Open.

C&I Energy + Storage Summit Johannesburg: 28 – 29 October 2026, The Maslow Hotel, Sandton, Johannesburg, South Africa: A targeted platform for South Africa’s commercial and industrial sector, co-located with a C&I-focused Water Security Africa programme and the EIUG Conference. Find out more (https://apo-opa.co/4qTkLyv).

Enlit Africa: 11 – 13 May 2027, CTICC, Cape Town, South Africa: Africa’s leading power, energy and water conference and exhibition, hosted annually at the CTICC in Cape Town and attended by thousands of sector stakeholders from across the continent and beyond. Find out more (https://apo-opa.co/4yal5v6).

Water Security Africa: 11 – 13 May 2027, CTICC, Cape Town, South Africa: Co-located with Enlit Africa, this platform explores the water-energy-food nexus and the solutions needed to strengthen water resilience across Africa. Find out more (https://apo-opa.co/4zOtF4e).

Submit your project

Do you have a power, energy, water or infrastructure project seeking visibility, finance or strategic partners? Submit your project (https://apo-opa.co/4qPyeal) to the Project & Investment Network.

Apply as an investor

 

Are you looking for credible project opportunities across Africa’s power, energy and water sectors? Apply to participate as an investor (https://apo-opa.co/4qPyeal) in the Project & Investment Network.

For sponsorship enquiries, please contact Marcel du Toit: marel.dutoit@wearevuka.com

Why Africa Infrastructure Elites matters

The African Infrastructure Elites (https://apo-opa.co/4h4j2mu) is an annual initiative by ESI Africa that recognises the projects, leaders and innovations shaping Africa’s power, energy, water and transport markets. The platform profiles the people and projects driving measurable impact across the continent, from generation, transmission and distribution to water, storage, clean energy, infrastructure, mobility and sector-coupling solutions.

For project owners, being associated with Elites creates long-term visibility among decision-makers, policy influencers, technical specialists and investment stakeholders. For investors, it provides a trusted lens into the projects, companies and leaders advancing Africa’s energy, water and transport priorities.

Nominations for the 11th African Infrastructure Elites: Projects and People Magazine are open (https://apo-opa.co/3UQS6xY) until the 2nd of October 2026.

The theme for the 2026/27 edition, Access and Affordability Empowers Security for All, speaks directly to one of Africa’s most pressing development imperatives. Reliable and affordable access to electricity, clean water, sanitation and sustainable transport remains fundamental to economic growth, social wellbeing and long-term resilience.

Distributed by APO Group on behalf of VUKA Group.

 




 

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