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Fourth Edition of the MSGBC Oil, Gas & Power to Take Place in December 2024 in Senegal

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Building on three successful editions, the fourth edition, taking place on 3-4 December in Senegal, will open further deal-signing opportunities for regional and foreign investors

DAKAR, Senegal, November 24, 2023/APO Group/ — 

The fourth edition of the MSGBC Oil, Gas & Power Conference & Exhibition will take place in Senegal on December 3-4, 2024. Organized by Energy Capital & Power (ECP) (https://EnergyCapitalPower.com), the event brings together movers and shakers from across the West African and global energy industry to foster partnerships, sign deals and advance project developments in line with energy security and just transition goals. The announcement comes as the the MSGBC Oil, Gas & Power 2023 Conference & Exhibition wraps up, creating opportunities for companies and partners to register their interest for next year’s event.

Hot on the heels of first oil and gas production expected at the Sangomar Oilfield Development and the Greater Tortue Ahmeyim (GTA) project in 2024, the 2024 conference will leverage these successful initiatives to drive new investment into regional energy opportunities. The region offers a wealth of prospects for E&P companies, technology and service providers, and investors from the African and global landscape, and with numerous developments anticipated in 2024, the conference will explore the vital role MSGBC energy has and will continue to play in driving energy security worldwide. 

“This year’s event featured the participation of Mohamed Ould Ghazouani, President of the Islamic Republic of Mauritania, alongside key Ministries and Africa’s energy leaders, highlighting not only Mauritania’s enabling landscape but the boundless opportunities throughout the entire MSGBC basin. With the participation of 16 countries, the 2023 edition of the conference set the stage for unparalleled collaboration and exploration in MSGBC’s oil, gas & power sector,” says Devi Paulsen-Abbott, ECP CEO.

Next year, a diverse slate of project developments is on track for construction and production, all of which will consolidate the region’s position as a global energy hub. On the hydrocarbon front and in addition to Sangomar and GTA, Mauritania is preparing to launch a 15-block licensing round; Guinea-Conakry and The Gambia will promote untapped oil and gas potential; while projects such as the Sandiara Gas-to-Power facility will begin construction.

At the same time, GTA’s Phase 2 is steaming ahead following the approval of the Development Concept in February 2023. Production is targeted for 2025. Stakeholders also eagerly anticipate the development of the Yakaar-Teranga gas project, with Kosmos Energy assuming operatorship from bp earlier this month.

The conference will explore the vital role MSGBC energy has and will continue to play in driving energy security worldwide

Meanwhile, the MSGBC’s renewable energy sector is poised for rapid growth in 2024. Countries including Mauritania and The Gambia are making strides towards securing investment for billion-dollar projects while regional counterparts accelerate the development of renewable energy systems. An exciting project to watch is the $34 billion green hydrogen project in Mauritania, developed by German project developer Conjuncta, UAE-based renewable company Masdar and Egyptian energy provider Infinity Power. A memorandum of understanding was signed earlier this year by the project partners.

The Gambia is also pursuing green hydrogen deployment with companies such as Swiss renewable firm NEK Umwelttechnik AG and H2 Gambia Limited, a subsidiary of the UK-based HydroGenesis Group, signing deals with the country this year. Guinea-Conakry is making strides in the development of the 300 MW Amaria and 294 MW hydro projects, while solar and wind investments continue to be made across the region.

At the same time, regional countries are forging ahead with regulatory reforms and cross-border infrastructure projects. Projects underway include the West Africa Regional Rail Integration initiative; the African Exchanges Linkage Project; Project Shegas between Senegal and The Gambia, and many more. Correspondingly, a drive to improve the region’s enabling environment has seen focus placed on the implementation of Special Economic Zones; visa harmonization; and the creation of sovereign funds for green projects enhancing ease of doing business. 

Energy is not the only promising industry in the MSGBC region. Using revenue from upcoming hydrocarbon and renewable energy projects, regional actors are committed to developing every segment of the MSGBC economy, with industries such as mining, tourism, manufacturing and many others benefiting from energy-generated revenue. As such, 2024 is set to be a transformative year for the region and the MSGBC conference serves as a catalyst for development.

“We invite delegates to embark on a transformative journey at the MSGBC Oil, Gas & Power Conference and Exhibition in 2024, where the spotlight will shine on impressive projects, developments and investment opportunities with the MSGBC bloc. Join us to unveil the boundless potential of the MSGBC basin, transcending borders to shape the future of energy collaboration,” Paulsen-Abbott notes.

Get ahead of the game and secure your place at the 2024 edition of the region’s biggest gathering of energy stakeholders. MSGBC Oil, Gas & Power 2024 unlocks new opportunities for regional cooperation, global partnerships and large-scale developments. Click here (https://apo-opa.co/46rDm96) for more information about registration, sponsorship and speaker opportunities.

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

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Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

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

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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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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