PARIS, France, April 25, 2025/APO Group/ –Federico Petersen, Chief Commercial Officer (CCO) of Golar LNG, will join the upcoming Invest in African Energy (IAE) 2025 Forum in Paris to discuss scaling LNG in Africa, overcoming infrastructure challenges and attracting investment. With Africa rapidly expanding its gas infrastructure, Petersen’s insights are expected to showcase how innovative LNG solutions can support sustainable energy growth across the continent.

As a global leader in floating LNG (FLNG) solutions, Golar LNG is advancing gas monetization across Africa. The company is actively involved in several key projects, including the Hilli Episeyo FLNG facility off the coast of Cameroon, operational since 2018, which plays a crucial role in unlocking regional gas resources with cost-effective, scalable LNG production. Golar LNG is also a key player in the Greater Tortue Ahmeyim project offshore Senegal and Mauritania, where it owns and operates the Gimi FLNG, which received its first feed gas in January 2025, marking a major milestone in LNG export operations.

IAE 2025 (https://apo-opa.co/3ECl25b) is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

Additionally, Golar LNG is exploring further opportunities across the continent, including ventures in the Republic of Congo and Nigeria. In June 2024, the company signed an agreement with the Nigerian National Petroleum Corporation to deploy an FLNG vessel in the Niger Delta, utilizing 500 million cubic feet of gas per day to generate LNG, propane and condensate, with a final investment decision expected later this year.

The growth of LNG in Africa is set to accelerate in the coming years as key markets seek to tap into their vast natural gas reserves. As such, Petersen’s participation at IAE 2025 is poised to showcase the pivotal role of FLNG in enhancing energy security, driving economic growth and fostering regional cooperation.

As the global energy landscape shifts toward cleaner, more sustainable sources, LNG will remain crucial in powering Africa’s future, offering a reliable transition fuel to support the continent’s ambitious energy goals. With IAE 2025 as a platform for high-level dialogue and partnerships, the forum will provide an invaluable opportunity for stakeholders to explore the latest LNG developments, deepen collaboration and drive investments that will shape the future of African energy.

WINDHOEK, Namibia, April 24, 2025/APO Group/ –As a strategic partner of the Namibia International Energy Conference (NIEC), the African Energy Chamber (AEC) (www.EnergyChamber.org) is calling for a deliberate and accelerated approach to moving Namibia’s recent oil and gas discoveries into production – emphasizing the importance of speed, investor confidence and strategic collaboration.

Speaking during a high-level panel at NIEC 2025, AEC Executive Chairman NJ Ayuk urged Namibia to seize the momentum of its frontier discoveries, while avoiding the pitfalls that have stalled progress in other hydrocarbon-rich African nations. He emphasized that Namibia’s path to becoming a regional energy hub hinges on its ability to learn from international case studies and execute deals that ensure long-term national benefit.

“Namibia needs to move fast, produce quickly and negotiate the best deals with its partners to ensure the rapid development of its oil discoveries,” Ayuk stated. He pointed to Guyana as a prime example, noting how the South American country developed a robust strategy focused on national benefit and successfully attracted billions in investments to fast-track its energy projects.

In contrast, Ayuk cautioned against the delays experienced by countries like Mozambique, Tanzania, Uganda and South Africa, where production was significantly postponed, leading to rising project costs and lost opportunities. “There is a growing movement trying to discourage Africa – and Namibia – from producing its oil and gas. We must resist that,” he added.

Reinforcing the need for investor-friendly terms, Justin Cochrane, Africa Upstream Regional Research Director at S&P Global Commodity Insights, highlighted the necessity of contract stability, transparent data-sharing and a balanced approach to fiscal negotiations. “It’s natural that Namibia wants to maximize its benefits, but pushing too hard on IOCs can result in getting 100% of nothing… The first milestone must be achieving first oil,” said Cochrane.

Representing Namibia’s national oil company, Victoria Sibeya, Interim Managing Director of NAMCOR, stressed that the company is actively engaged in every phase of the industry, from data acquisition and exploration to shaping the downstream and midstream vision. “We are not just bystanders,” said Sibeya. “NAMCOR is deeply involved in data acquisition, exploration and the exchange of knowledge and technology with our partners. We are also preparing to invest in downstream and midstream sectors to ensure that we can add value once production begins.”

Echoing the call for local development, Adriano Bastos, Head of Upstream at Galp, underscored the need for early and continuous skills development – proposing that Namibians be trained abroad in specialized areas like FPSO operations to ensure they are prepared to lead once production begins at home. “Namibia has capabilities that are rare in the region, but more collaboration with international partners is essential to build the local skills base,” he said.

Bastos noted that Namibians make up 25% of Galp’s workforce in the country, including its first female offshore base manager. “We are proud of the strides we have made. Our nationalization plans are aggressive, and we work closely with [the Namibian Ports Authority] and other local entities to implement meaningful capacity-building projects.”

As Namibia stands on the cusp of transforming exploration success into production, the message from industry leaders is clear: time, trust and talent will determine the country’s trajectory. Through cross-border collaboration, pragmatic deal-making and a strong national vision, Namibia can emerge not just as an oil producer – but as a continental model for inclusive, forward-thinking energy development.

CAPE TOWN, South Africa, April 24, 2025/APO Group/ –Opening the 7th Namibia International Energy Conference (NIEC) on April 23 in Windhoek, Namibian officials, global investors and regional stakeholders rallied around a shared vision for the country’s energy future – one rooted in local content, value addition and energy sovereignty.

Delivering the opening keynote, Namibian Prime Minister Dr. Elijah Ngurare reaffirmed Namibia’s commitment to developing local capacity – both human and infrastructural – to drive long-term sector growth. He emphasized academic training, integration of academia into planning, and strong public-private collaboration as key to transitioning Namibia’s discoveries into full-scale production.

“Our approach is practical and focused on long-term impact. Local content includes value addition and developing downstream infrastructure, but at the core of this is human capital development – equipping locals to lead in a changing global industry,” he said.

In a period marked by rapid offshore discoveries – most notably in the Orange Basin, but also extending to promising regions such as Walvis Bay and the Kavango Basin – Namibia has taken a proactive stance to ensure that it does not follow the path of resource-rich nations that failed to convert hydrocarbons into broad-based economic development.

Prime Minister Ngurare also expressed support for broader continental energy goals – highlighting that Africa accounted for 8% of global oil supply in 2024 and that Namibia is committed to helping raise the continent’s output to 7 million barrels per day.

Deputy Prime Minister and Minister of Industries, Mines & Energy, Natangwe Ithete, echoed these priorities, stressing the need for Namibia to evolve beyond the role of a raw resource exporter: “We want to prioritize local content and become a hub for processing. Creating jobs and developing infrastructure will drive industrialization and ensure regional energy security.”

He noted that upcoming exploration and development projects across Namibia’s offshore and onshore basins are not only an opportunity for domestic growth, but also a catalyst for regional economic integration across the Southern African Development Community.

As a strategic partner to NIEC, the African Energy Chamber (AEC) joined government and industry leaders in affirming Namibia’s vision to make energy development a driver of local empowerment and economic growth. “Namibia and Africa have an energy deficit, and our message is clear: we must develop every drop of hydrocarbons to power our people. Namibians need to be part of that process, and there should be no apology in pushing for local content.,” said NJ Ayuk, Executive Chairman of the AEC.

Ayuk also emphasized that regulatory and fiscal stability are vital to attracting and sustaining energy investment: “We can’t produce wells without regulatory stability. We’ve seen African nations make discoveries, but fail to produce due to instability. We must learn from those mistakes. We don’t want Namibia to repeat the delays experienced elsewhere.”

Namibia’s Local Content Vision Aligns with AEW 2025 Agenda

Namibia’s strong stance on local content and value creation reflects central themes of this year’s African Energy Week (AEW): Invest in African Energies conference, set to return to Cape Town on September 29–October 3. As Africa’s premier platform for energy dialogue and investment, AEW 2025 will spotlight Namibia’s rising profile as a model for integrating local participation with investor confidence. The country is set to play a key role in shaping discussions around frontier and deepwater exploration, regional infrastructure integration and the development of localized supply chains.

As Namibia advances its energy ambitions, it is emerging not only as a frontier exploration hotspot, but as a regional leader in inclusive, value-driven development. With a growing number of international operators active in the Orange Basin and beyond, Namibia is poised to set a new standard for resource development rooted in skills training, local value creation and broad-based economic growth.

From Windhoek to Cape Town, momentum is building. While NIEC 2025 has reignited the conversation on Namibia’s energy future, AEW 2025 will push it forward – transforming ambition into actionable deals, aligned policies and impactful partnerships.

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.