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Equatorial Guinea to Make Highly Anticipated EG 2026 Licensing Round Announcement at African Energy Week (AEW): Invest in African Energies

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Equatorial Guinea

Equatorial Guinea will announce EG 2026 Licensing Round at African Energy Week

CAPE TOWN, South Africa, September 22, 2025/APO Group/ –Equatorial Guinea will make its highly anticipated announcement regarding the EG 2026 Licensing Round during African Energy Week (AEW): Invest in African Energies, scheduled to take place from September 29 to October 3 in Cape Town. The announcement is set for Monday, September 29, and will outline details of the new licensing round to be launched in 2026. This round forms part of the country’s national strategy to accelerate upstream growth, attract fresh investment, and unlock offshore exploration and production opportunities. The announcement will be made officially during a high-level session – “Equatorial Guinea’s New Exploration Drive” – at AEW 2025, led by Antonio Oburu Ondo, Minister of Hydrocarbons and Mining Development of Equatorial Guinea. In addition, the Ministry has arranged for Meeting Room Pod 4, CTICC 2 – First Floor, where detailed geological data will be presented to provide investors with insights into the structure, stratigraphy, and prospectivity of Equatorial Guinea’s offshore basins.

In preparation for EG 2026 Licensing Round, the Ministry of Hydrocarbons and Mining Development, in partnership with Perceptum (the Ministry’s advisory firm) and GeoexMCG, is undertaking a comprehensive reprocessing campaign covering more than 9,600 km² in the Rio Muni Basin. This initiative will deliver interpreters modern datasets and unparalleled insights into the prospectivity of these blocks through the application of Full Waveform Inversion (FWI), significantly enhancing imaging quality in the area. Furthermore, UK-based Searcher Seismic plans to acquire and reprocess 2D and 3D seismic data in underexplored areas. The objective is to equip potential investors with high-quality datasets, de-risk exploration, and unlock the full potential of the country’s offshore basins. By offering robust technical packages, the government seeks to enhance competitiveness, build investor confidence, and reinforce long-term energy security.

The EG 2026 Licensing Round announcement comes at a pivotal moment for Equatorial Guinea, amidst a series of recent developments underscoring renewed international interest in the country’s oil and gas sector.

In June 2025, ConocoPhillips exported its inaugural LNG cargo from the Punta Europa facility, advancing the country’s flagship Gas Mega Hub initiative. Following its acquisition of Marathon Oil in 2024, ConocoPhillips retains interests in the Alba Unit and Block D, cementing its long-term role in gas and liquids development. The company is also conducting an infill drilling campaign on Block Alba.

Independent operator Trident Energy continues to deliver robust results on Block G – home to the Ceiba and Okume fields – where it holds a 40.375% operated interest. At the end of 2024, the company brought its first infill well online and is driving subsea integrity initiatives through a digital twin solution developed with Canadian technology firm Enaimco. Kosmos Energy, with a 40% stake in Block G, recently completed an exploration drilling campaign and is reprocessing seismic data with advanced technology for future high-impact opportunities. Both companies are focused on sustaining production while reducing risks in future developments, strengthening Equatorial Guinea’s position as a leading upstream investment hub.

By delivering enhanced and competitive fiscal frameworks alongside high-quality exploration potential, EG 2026 will launch a new era of exploration success

Meanwhile, Panoro Energy has expanded its footprint by signing a Production Sharing Contract (PSC) for Block EG-23, in partnership with national oil company GEPetrol. The shallow-water block covers 600 km² and holds an estimated 104 million barrels of oil and condensates and 215 billion cubic feet of contingent gas resources. Panoro is conducting subsurface studies before moving to exploration drilling, underscoring the untapped potential of Equatorial Guinea’s offshore areas.

At the same time, Vaalco Energy is advancing the development of Block P, which contains the Venus discovery and more than 20 million barrels of recoverable crude. With a Final Investment Decision (FID) expected soon, first production is targeted for 2026 with peak output anticipated in 2028. Vaalco’s entry marks another milestone in the country’s strategy to reignite production growth.

Chevron, through its acquisition of Noble Energy, has firmly established its presence in Equatorial Guinea. The global major recently signed two new PSCs for Blocks EG-06 and EG-11 alongside GEPetrol, representing a $2 billion investment. Located near the Zafiro field, the blocks include deepwater acreage and a prior discovery at Avestruz-1. These agreements highlight the renewed confidence of international oil companies in Equatorial Guinea’s resource base and fiscal framework as the country positions itself for a new era of exploration-led growth.

As the national oil company (NOC), GEPetrol is leading the transformation of Equatorial Guinea’s upstream sector through strategic partnerships, deepwater field reactivation, and operational improvements. By optimizing existing assets, accelerating exploration, and implementing technical innovations, the company aims to boost production, enhance operational efficiency, and consolidate its role as the country’s premier national operator. Equatorial Guinea’s offshore geology features hydrocarbon-rich deepwater and shallow-water sedimentary basins with Tertiary and Cretaceous reservoirs, confirmed structural traps, and complex stratigraphic plays. Significant potential remains both in proven fields and underexplored frontier areas, particularly in deepwater, where high-quality reservoirs and source rocks present attractive exploration targets.

On the regulatory front, Equatorial Guinea aims to be globally competitive. Core regimes have recently been revised or are undergoing optimization. Oil companies played a key role in the recent reform of the fiscal regime as well as in labor reforms. The forthcoming petroleum regime reform is expected to feature significantly improved fiscal terms for investors, allowing faster cost recovery and greater profit participation, among other favorable provisions.

“The EG 2026 Licensing Round represents a pivotal milestone to maximize 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 conditions to support this development,” stated Minister Ondo.

“In this context of rising activity, the EG 2026 Licensing Round will stand as the official platform to usher in a new wave of investment and exploration success in Equatorial Guinea. The round will offer opportunities in new areas to explore proven and innovative plays in moderate water depths, supported by premier fiscal packages and increasingly attractive conditions. By delivering enhanced and competitive fiscal frameworks alongside high-quality exploration potential, EG 2026 will launch a new era of exploration success, firmly positioning Equatorial Guinea as a global hub of exploratory and commercial interest for the industry.”

Click here to access your exclusive invitation to EG 2026 Licensing Round:
https://apo-opa.co/3VwDhOi

Distributed by APO Group on behalf of African Energy Chamber.

Business

Port Community Systems (PCS) as the crisis backbone: how trade disruption makes digital port infrastructure non-negotiable (By Alioune Ciss)

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Port Community Systems

With PCS, ports can dynamically allocate resources, adjust workflows, and reprioritize cargo flows using real-time data and coordinated processes

DUBAI, United Arab Emirates, May 19, 2026/APO Group/ —By Alioune Ciss, Chief Executive Officer, Webb Fontaine (https://WebbFontaine.com).

When global trade flows normally, Port Community Systems (PCS) are often viewed as efficiency tools. They digitize paperwork, connect stakeholders, reduce delays, and improve visibility across port ecosystems. However, the true impact and strategic importance of PCS become most apparent when a crisis hits.

Whether caused by geopolitical conflict, canal restrictions, rerouted shipping lanes, cyber risk, labor disruption, or sudden regulatory shifts, modern supply chain shocks remind us that ports without strong digital coordination struggle to adapt, whereas ports with robust PCS infrastructure are better positioned to keep cargo moving. In today’s environment, PCS has become a critical infrastructure.

Disruption is not an exception anymore

Global maritime trade has entered a more volatile era where disruption is structural. Let’s review the recent events to understand the scale of impact:

  • Around 2,000 ships were reportedly stranded during the recent Strait of Hormuz (https://apo-opa.co/4dii0lb) crisis.
  • The Red Sea crisis (https://apo-opa.co/4dz5gFA) led to more than 190 attacks on vessels by late 2024, forcing widespread rerouting and increasing transit times by up to two weeks.
  • The Suez-linked corridor (https://apo-opa.co/4dz5gFA), which carries roughly 10–12% of global maritime trade, experienced sharp volume declines during the disruption.
  • Supply chains across the Middle East, Africa, and Europe faced cascading effects, including congestion, cost increases, and schedule instability.

At the same time, the global port industry itself is undergoing rapid transformation. According to the International Association of Ports and Harbors (IAPH), ports are accelerating digitalization and strengthening resilience capabilities in response to geopolitical and operational uncertainty. This is the new reality: routes shift, volumes spike, and conditions change faster than traditional systems can handle.

Why PCS matters most during a crisis

When vessel schedules collapse, or cargo volumes suddenly spike, physical infrastructure alone is not enough. Cranes, berths, gates and yards also need coordination. That is where PCS becomes the backbone of resilience.

A PCS is not just a digital tool; rather, it’s a shared operational layer. It connects shipping lines, terminals, customs, freight forwarders, transport operators, and authorities through a single data environment, enabling synchronized decision-making across the ecosystem.

Instead of exchanges through emails, phone calls, Excel files, or siloed systems that generate delays and errors, the PCS enables seamless and real-time coordination.

1. Real-time visibility across the ecosystem

When vessels are delayed or rerouted, fragmented communication becomes a liability.

PCS enables real-time visibility across:

  • vessel arrivals and berth planning
  • cargo status and documentation
  • customs readiness and inspections
  • gate operations and inland logistics

Instead of fragmented updates, stakeholders operate from a shared, trusted data environment.

When shipping lanes shift overnight, policies change, and when uncertainty increases, the strongest ports are the ones that are the most ‘connected’

In a crisis, the speed of information becomes the speed of recovery.

2. Faster decision-making under pressure

Sudden disruptions create immediate operational stress:

  • surges in transshipment volumes
  • yard congestion risks
  • inspection bottlenecks
  • inland transport delays

Without digital coordination, responses are reactive and slow.

With PCS, ports can dynamically allocate resources, adjust workflows, and reprioritize cargo flows using real-time data and coordinated processes.

3. Customs and border continuity

Cargo cannot move if border agencies cannot move.

According to joint guidance from the World Customs Organization (WCO) and International Association of Ports and Harbors (IAPH), interoperability between Customs systems and PCS is essential for coordinated border management, risk control, and secure data exchange (https://apo-opa.co/3PLcs9P).

In crisis conditions, this becomes critical. Governments must introduce new controls, risk filters, or emergency procedures quickly, without disrupting trade flows. PCS enables this  balance.

4. Trust and transparency for the market

Importers, exporters, and carriers can tolerate disruption more than uncertainty. What they need is visibility.

PCS provides transparency across the supply chain, allowing stakeholders to track cargo status, anticipate delays, and plan accordingly. This transparency builds trust and reduces the systemic risk of panic-driven inefficiencies.

Operational resilience is the key

As we all know, the classic PCS discussions focus on key KPIs such as:

  • reduced turnaround time
  • fewer documents
  • lower administrative cost
  • faster truck processing

But today, the most important KPI is “readiness”: If a major trade corridor shifts tomorrow, can your port ecosystem adapt in real time?

To answer “Yes” to this question, a future-ready PCS should include:

  • real-time event management
  • integrated stakeholder communication
  • predictive congestion alerts
  • interoperability with customs and regulatory systems
  • scalable architecture for demand spikes

“For years, ‘efficiency’ was key when it comes to PCS. However, today, the key is ‘resilience’… When shipping lanes shift overnight, policies change, and when uncertainty increases, the strongest ports are the ones that are the most ‘connected’… Therefore, we should treat PCS as a crisis backbone of trade, not an IT efficiency initiative.
[Alioune Ciss, CEO, Webb Fontaine]

The Next Evolution: Intelligent PCS

PCS is now entering a new phase. Next-generation systems are evolving into data-driven platforms that support predictive analytics, AI-enabled decision-making, and proactive risk management (https://apo-opa.co/4eQ93Rg).

In other words, today, ports need systems that help orchestrate responses. Solutions such as Webb Ports (https://apo-opa.co/42F3gqq) from Webb Fontaine reflect this shift. By connecting all port stakeholders through a unified platform, anticipating congestion before it happens, simulating operational scenarios, and optimizing resource allocation dynamically, we enable faster coordination, better visibility and more agile responses when disruptions occur.

Distributed by APO Group on behalf of Webb Fontaine.

 

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Energy

Rand Refinery Joins African Mining Week (AMW) as Silver Sponsor Amid Regional Market Expansion Strategy

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Energy Capital

African Mining Week 2026 will showcase lucrative investment, partnership, and knowledge-exchange opportunities across Africa’s gold downstream sector, as Rand Refinery intensifies its investment and expansion strategy across the continent

CAPE TOWN, South Africa, May 19, 2026/APO Group/ –Amid a strategy to expand from a South Africa-focused refiner into a pan-African downstream leader, Rand Refinery has joined African Mining Week (AMW), an Influential African Mining Conference, scheduled for October 14-16, 2026 in Cape Town, as a silver sponsor.

Rand Refinery’s participation reflects a broader strategic alignment between the company’s expansion agenda and AMW’s focus on supporting and enabling local beneficiation and promoting artisanal and small-scale mining (ASM) responsible sourcing frameworks.

 

In terms of volumes, the latest market information indicates that Africa produces 1000tpa of mined gold (more than any other continent), with large-scale mining (LSM) and ASM being almost evenly balanced (500tpa production each). On its current trajectory, African ASM volumes are expected to eclipse those of LSM.

 

The focus on ASM as a transformational imperative is valid, and Rand Refinery is an active participant in the precious metals supply chain, working alongside other upstream and downstream actors to ensure that the communities and countries with gold resources benefit in a sustainable manner.

 

Under the theme Mining the Future: Unearthing Africa’s Full Mineral Value Chain, AMW 2026 offers a critical interface between refiners, miners, regulators, and financial institutions, as African countries intensify efforts to capture more value from responsible mineral production.

 

A key pillar of Rand Refinery’s 2026 strategy is its expansion into high-growth gold markets beyond South Africa. In January 2026, the company partnered with Ghana’s Gold Coast Refinery (GCR) to support the Ghana Gold Board to locally refine artisanal and small-scale (ASM) gold and elevate responsible sourcing standards in West Africa. The partnership also positions Rand Refinery in a rapidly growing and historically fragmented supply segment: ASM operations, enabling the company to enhance traceability and strengthen compliance with global standards for ethical sourcing and anti-money laundering.

 

The partnership potentially allows the monetization of ASM supply streams in the formal gold ecosystem, complementing Rand Refinery’s established role in refining output from responsible large-scale producers. AMW 2026 represents a timely platform for the company to provide an update on its projects and contribution to Africa’s gold sector.

 

As demand for regional refining capacity expands, along with central bank buying programs, companies such as Rand Refinery will be crucial.

 

Central bank gold purchases are projected to average around 585 tons per quarter in 2026, underscoring sustained global demand. In Africa, gold now accounts for approximately 17% of total reserves – up from less than 10% in 2022–2023 – while physical holdings increased from 663 tons in 2022 to an estimated 738 tons in 2025.

 

This upward trajectory is driving demand for trusted refining and value addition services, positioning Rand Refinery as a key partner in the region. Against this backdrop, AMW provides a strategic platform for central banks and gold buyers to engage directly with one of the world’s largest integrated single-site precious metals refining and smelting complexes and strengthen regional beneficiation and national reserve strategies.

 

At AMW, Rand Refinery executives will participate in panel discussions and networking sessions, engaging stakeholders on partnership opportunities that support a more integrated, transparent and value-driven African gold ecosystem.

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

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Business

Applications open for the 2027 Meltwater Entrepreneurial School of Technology (MEST) Africa AI Startup Program

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Meltwater

Join a global community of AI entrepreneurs

ACCRA, Ghana, May 19, 2026/APO Group/ –The Meltwater Entrepreneurial School of Technology (MEST) (https://Meltwater.org), has opened applications for the second edition of the MEST AI Startup Program, a fully-funded, immersive experience designed to equip Africa’s most promising AI entrepreneurs with the technical, business, product, and leadership skills to build and scale globally competitive AI startups.

Over a seven-month training phase, the MEST AI Startup program will provide founders with hands-on instruction, technical mentorship, and business coaching from global experts to develop AI-powered solutions. The top startups will then advance to a four-month incubation period to refine products, sharpen go-to-market strategies, and secure market traction. At the end of incubation, startups have the opportunity to pitch for pre-seed investment of up to $100,000 and join the MEST Portfolio.

We are excited to support the next generation of African AI founders through training delivered by some of the most knowledgeable experts in the industry

The inaugural cohort brought together founders from seven African countries who are already building transformative AI solutions across industries. Building on the momentum of the first edition, the 2027 intake reflects MEST Africa’s continued commitment to ensuring African entrepreneurs play a defining role in the future of artificial intelligence.

According to Emily Fiagbedzi, AI Startup Program Director, the urgency of investing in African AI talent has never been greater.

“AI technology is advancing at an extraordinary pace, and meaningful participation in the global AI economy requires more than access to tools, it requires the ability to build,” she said. “This program is designed to help talented African founders develop solutions to real challenges while positioning them to compete globally. We are excited to support the next generation of African AI founders through training delivered by some of the most knowledgeable experts in the industry from organizations including OpenAI, Perplexity, Google, and Meltwater”

For the 2027 intake, the program is open to African founders based in Ghana, Nigeria, Senegal, and Kenya aged 21–35 with software development experience who want to start their own AI startup.

Apply now at https://apo-opa.co/3ReIQSI

Distributed by APO Group on behalf of The Meltwater Entrepreneurial School of Technology (MEST Africa).

 

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