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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.

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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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