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From Stalled Talks to Breakthroughs: Yoyo-Yolanda Signals New Chapter for the Gulf of Guinea

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African Energy Chamber

The Yoyo-Yolanda Gas Fields hold 2.5 trillion cubic feet of natural gas reserves – crucial to unlocking energy security and GDP growth for the broader central African region

JOHANNESBURG, South Africa, February 5, 2026/APO Group/ –Cameroon and Equatorial Guinea have signed a unitization agreement to jointly develop the cross-border Yoyo-Yolanda gas fields, marking a decisive step toward accelerating long-delayed gas monetization in the Gulf of Guinea. Forming part of the broader Gas Mega Hub (GMH) – an initiative led by Equatorial Guinea to monetize stranded gas reserves – the agreement strengthens cross-border cooperation at a time when the GMH is showing signs of resurgence.

 

As the voice of the African energy sector, the African Energy Chamber (AEC) strongly supports the milestone, recognizing it as a clear signal that both countries are moving swiftly from negotiation to execution. As the project advances, the Chamber has called for sustained urgency, streamlined approvals and coordinated infrastructure development to maintain investor confidence and unlock the full economic potential of the Yoyo-Yolanda project.

Clear Signal to Investors: Execution, Urgency and Infrastructure First

Containing 2.5 trillion cubic feet (tcf) of natural gas reserves, the Yoyo-Yolanda project is an integral part of the GMH, monetizing gas resources across two strategic fields. Operators Noble Energy Cameroon and Noble Energy Equatorial Guinea – both Chevron companies – have reaffirmed their full commitment to the project. Jim Swartz, Chairman and Managing Director of Chevron Nigeria and the Mid-Africa Region, highlighted that the project is central to Chevron’s strategy of supporting long-term LNG supply and leveraging existing infrastructure at Alen and Punta Europa.

For the AEC, the agreement sends a strong signal to global investors that Cameroon and Equatorial Guinea are aligned, bankable and serious about accelerating gas development. The Chamber has called on both governments to fast-track final investment decisions, engineering and infrastructure rollout, while implementing targeted policies and incentives to maintain momentum.

The AEC has also urged Cameroon and Equatorial Guinea to draw on proven best practices from successful cross-border gas developments, including the Greater Tortue Ahmeyim project between Senegal and Mauritania, as well as earlier Gas Mega Hub agreements involving Nigeria and Cameroon, to reduce execution risk and shorten time-to-market.

There is a tight window to monetize Africa’s gas resources before global market dynamics shift – delaying is not an option

“The Chamber celebrates the agreement to unify Yoyo-Yolanda. There is a tight window to monetize Africa’s gas resources before global market dynamics shift – delaying is not an option. Governments must eliminate red tape, accelerate execution, and leverage existing infrastructure to maintain investor confidence,” said NJ Ayuk, Executive Chairman of the AEC.

Gas Mega Hub Strategy Gains Momentum

For Equatorial Guinea, Yoyo-Yolanda is a cornerstone of the country’s GMH strategy, aimed at positioning the nation as a regional gas processing and monetization hub. The project reinforces Equatorial Guinea’s drive to commercialize its 1.5 tcf of domestic gas reserves to support energy security, industrialization and export growth.

Momentum behind the GMH has continued into 2026. Most recently, national oil company GEPetrol increased its participating interest in the Aseng gas project from 5% to 32.55%, following the signing of a Heads of Agreement with Chevron to finance the stake increase. The transaction strengthens national participation in upstream gas assets while accelerating feedstock availability for the Punta Europa LNG complex, reinforcing the GMH’s infrastructure-led approach to fast-tracking gas monetization.

This followed a letter of intent signed in 2023 by Noble Energy to supply gas from the onshore Aseng field. More recently, production sharing contracts signed with Panoro Energy and Africa Oil Corporation further underscore Equatorial Guinea’s commitment to scaling gas production and ensuring long-term throughput for the GMH.

For Cameroon, the Yoyo-Yolanda project supports the country’s 2035 universal energy access goals, including expanding access to LPG, biogas and electricity, while boosting export revenues. Beyond energy revenues, Yoyo-Yolanda is expected to catalyze broader socio-economic benefits. Accelerated development will expand local content participation, strengthen workforce development and act as a door opener for new exploration campaigns across the Gulf of Guinea, reinforcing the region’s position as an emerging gas investment frontier.

Turning Stalled Projects into Executable Developments

With Yoyo-Yolanda now unified, the focus shifts to execution. There is a narrow window to monetize gas resources before global market dynamics evolve, making speed and coordination essential. Fast-tracked approvals, streamlined cross-border processes and decisive project management will be critical to maintaining momentum and investor confidence.

Leveraging existing regional infrastructure will be equally important. By utilizing established processing and export facilities such as Punta Europa, Equatorial Guinea and Cameroon can lower operating costs, shorten development timelines and accelerate gas to market. For investors, rapid progress on Yoyo-Yolanda will send a clear signal that both countries are aligned, commercially focused and open for business.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

Venezuela Global Investment Forum to Showcase Major Investment Opportunities at African Energy Week (AEW) 2026

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African Energy Chamber

The forum will strengthen investment ties between Venezuela and Africa while advancing South-South energy cooperation

CAPE TOWN, South Africa, August 7, 2026/APO Group/ –The Venezuela Global Investment Forum will take place during African Energy Week (AEW) 2026 in Cape Town from October 12 -16, bringing together senior Venezuelan government officials, national oil company leadership, international energy executives, financiers and commodity traders to showcase one of the world’s most significant energy market reopening while creating a direct pathway for global investment into Venezuela’s rapidly evolving hydrocarbons sector.

 

Organized as a flagship feature of AEW 2026, the Venezuela Global Investment Forum underscores the growing momentum behind the country’s energy sector reforms and its renewed engagement with international investors. More than a traditional conference session, the Forum will connect investors directly with bankable upstream, natural gas, infrastructure and power opportunities by showcasing Venezuelan projects alongside some of Africa’s largest energy developments in the AEW Deal Room.

Following sweeping reforms to the country’s Organic Hydrocarbons Law earlier this year, Venezuela has introduced one of its most comprehensive investment overhauls in decades. The reforms expand opportunities for private operators, establish new production participation contracts, introduce more competitive fiscal terms and strengthen international arbitration mechanisms aimed at reducing investment risk and restoring confidence among international capital providers.

Venezuela is opening a new chapter for its energy industry

“Venezuela is opening a new chapter for its energy industry. The reforms underway are creating a more competitive and attractive investment environment and the Venezuela Global Investment Forum at AEW 2026 provides the ideal platform for international investors to engage directly with decision-makers and explore the opportunities emerging across the country’s oil, gas, infrastructure and power sectors,” says NJ Ayuk, Executive Chairman, African Energy Chamber.

These reforms are already reshaping the investment landscape. The government is targeting crude production of 1.4 million barrels per day (bpd) by the end of 2026 after output recovered to approximately 1.2 million bpd during the first half of the year. Beyond oil production, Venezuela is advancing a broader strategy centered on natural gas monetization, offshore development, infrastructure rehabilitation and power sector modernization, creating opportunities across the entire energy value chain.

Throughout the Forum, delegates will hear directly from ministers, senior government officials, national oil company executives, international operators, development finance institutions, commodity traders and technical leaders responsible for implementing Venezuela’s new investment framework. Discussions will focus on expanding upstream investment, accelerating natural gas development, modernizing infrastructure and creating long-term partnerships that support Venezuela’s renewed role in global energy markets.

The forum also reinforces the strategic relationship between AEW 2026 and Venezuela Energy Week, which will take place in Caracas from February 22-25, 2027. Together, the two events form a coordinated international investment campaign that begins by introducing global investors to Venezuela’s reformed investment environment in Cape Town before continuing in Caracas, where commercial negotiations, technical engagement and project execution will move toward final investment decisions.

As global energy markets continue to prioritize supply security, infrastructure investment and new sources of production growth, Venezuela is positioning itself to re-establish its role as a major international energy supplier. Through the Venezuela Global Investment Forum at AEW 2026, investors will gain an unparalleled opportunity to engage with the country’s new investment framework, evaluate commercially attractive projects and build partnerships that support Venezuela’s return to global energy markets while strengthening cooperation between Africa and Latin America.

Distributed by APO Group on behalf of African Energy Chamber.

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Energy

Venezuela Energy Week Moves to February 2027 as Global Investment Engagement Expands

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Venezuela

Following investor engagement in London and Houston, Venezuela Energy Week will take place in Caracas on February 22–25, 2027, serving as a platform to accelerate investment and commercial partnerships across the country’s evolving hydrocarbons sector

CARACAS, Venezuela, August 7, 2026/APO Group/ –Venezuela Energy Week 2027 – the country’s largest-ever international energy investment summit – will now take place in Caracas from February 22–25, 2027, moving from its previously announced dates of October 26–29, 2026, following expanded engagement with international investors, energy companies and industry stakeholders exploring opportunities across Venezuela’s energy sector.

 

The February 2027 timeframe reflects growing international investor interest in Venezuela’s hydrocarbons sector, with the summit building on outreach efforts that are translating commercial momentum into investment opportunities across upstream development, infrastructure modernization, gas monetization and downstream expansion. The event is expected to serve as the venue for the signing of key commercial agreements that will help advance investment and project development across Venezuela’s energy sector. Recent hydrocarbon reforms introduced in July 2026 have further shaped this investment landscape, strengthening the framework for private-sector participation and creating greater clarity around commercial opportunities for international partners.

“The decision to bring Venezuela Energy Week to February 2027 reflects the growing interest from international investors and industry partners in Venezuela’s energy sector. This event is designed to accelerate investment, strengthen strategic partnerships and convert market interest into tangible projects that support the country’s long-term energy development,” said Paula Henao, Minister of Hydrocarbons of Venezuela.

Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, Venezuela Energy Week 2027 will bring together U.S., Venezuelan and international oil companies, investors, financiers and service providers to advance investment discussions and commercial agreements across one of the world’s largest hydrocarbon resource bases.

Since the event was first announced, Venezuela Energy Week has expanded its engagement with the international energy community. The London Industry Showcase, held in July 2026, strengthened investor engagement around opportunities in Venezuela’s energy sector, while the upcoming Houston Industry Showcase continues to build commercial interest among U.S. energy companies, service providers and technical partners ahead of the February summit.

The decision to bring Venezuela Energy Week to February 2027 reflects the growing interest from international investors and industry partners in Venezuela’s energy sector

Venezuela holds more than 300 billion barrels of proven oil reserves – the largest globally – alongside more than 195 trillion cubic feet of natural gas resources. With production now recovering to 1.2 million barrels per day, the country is pursuing a long-term strategy to further restore output through phased investment, field rehabilitation and increased private-sector participation.

The investment opportunity is supported by significant brownfield potential across Venezuela’s major producing regions, including the Orinoco Oil Belt, Maracaibo Basin and Eastern Venezuela Basin. Opportunities span mature field redevelopment, enhanced recovery programs, drilling campaigns, heavy crude upgrading and infrastructure modernization.

Beyond upstream development, Venezuela Energy Week 2027 will highlight opportunities across refining, logistics, storage and gas infrastructure. Underutilized refining capacity, constrained midstream systems and significant natural gas resources create potential entry points for companies seeking to support the modernization of Venezuela’s energy value chain. Offshore developments such as the Dragon and Cocuina-Manakin fields represent potential growth areas for regional gas supply and future LNG opportunities, while expanded gas capture, processing and transportation infrastructure will be critical to maximizing the value of Venezuela’s resources.

As global energy markets continue to prioritize supply security and access to large-scale resources, Venezuela Energy Week 2027 is positioned to serve as a catalyst for investment, bringing together government leaders, investors and industry executives to convert commercial interest into long-term energy projects.

The summit is organized by Energy Capital & Power.

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/4hE4ACL).

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

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Energy

African Energy Week (AEW) 2026 reúne líderes do setor energético que impulsionam reformas em Barbados, Angola e Marrocos

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African Energy Chamber

Líderes do setor energético de Barbados, Angola e Marrocos participarão na AEW 2026 para debater reformas, oportunidades de investimento e estratégias que moldam o futuro crescimento do setor energético

CIDADE DO CABO, África do Sul, 13 de agosto 2026/APO Group/ –Três altos responsáveis governamentais e reguladores que estão a moldar o futuro dos setores energéticos de Barbados, Angola e Marrocos irão intervir na African Energy Week (AEW) 2026, que decorrerá na Cidade do Cabo, de 12 a 16 de outubro. A sua participação surge num momento em que cada um destes mercados está a avançar com reformas importantes destinadas a atrair investimento, expandir as infraestruturas energéticas e reforçar a segurança energética a longo prazo.

 

Reunindo ministros, entidades reguladoras, empresas petrolíferas nacionais e investidores globais, a AEW 2026 constitui a principal plataforma do continente para a definição de políticas energéticas e parcerias comerciais. Os debates abrangerão as áreas de upstream, licenciamento, estratégias de transição energética, desenvolvimento de infraestruturas e integração regional, com os líderes governamentais a desempenharem um papel central na definição do panorama de investimento nos mercados africanos e internacionais.

Kerrie D. Symmonds, Ministro da Energia, Desenvolvimento Empresarial e Comércio de Barbados e Ministro Sénior Coordenador do Setor Produtivo, participa na conferência num momento em que a nação caribenha prossegue uma estratégia energética de dupla vertente. Após a sua nomeação em fevereiro deste ano, Symmonds tem supervisionado políticas que apoiam a meta de Barbados de atingir 100% de eletricidade renovável até 2030, ao mesmo tempo que abre o setor offshore do país a novas explorações.

O investimento na energia assenta em instituições sólidas, políticas claras e quadros de investimento competitivos

Em junho, o governo lançou negociações diretas para 19 blocos em águas ultraprofundas, cobrindo mais de 62 000 km², criando oportunidades para exploradores internacionais a par do investimento contínuo no armazenamento em baterias e na modernização da rede elétrica. Na AEW 2026, a participação da Ministra Symmonds deverá destacar a estratégia de Barbados para alinhar a segurança energética com o crescimento económico e o investimento privado.

Posicionado para oferecer uma visão sobre um dos maiores programas de investimento a montante de África, Alcides Andrade, membro do Conselho Executivo da Agência Nacional de Petróleo, Gás e Biocombustíveis de Angola (ANPG), junta-se à AEW 2026 num momento em que a organização implementa uma estratégia de 60 mil milhões de dólares até 2030. A ANPG está também a apoiar grandes projetos, incluindo Agogo, Begonia, a Fase 3 do CLOV e os projetos de gás de Quiluma e Mabowueiro.

À medida que Angola trabalha para estabilizar a produção de petróleo e expandir a capacidade de refinação interna, Andrade estará em posição de debater as reformas regulatórias e as oportunidades de investimento que impulsionam a próxima fase de crescimento do país.

Entretanto, Salwa Didi, Diretora da Divisão de Avaliação Offshore do Gabinete Nacional de Hidrocarbonetos e Minas (ONHYM) de Marrocos, junta-se à AEW 2026 num momento em que a agência empreende a maior reforma institucional da sua história. A transformação do ONHYM numa sociedade anónima apoiada pelo Estado confere-lhe maior flexibilidade para angariar capital, criar filiais e atrair parceiros estratégicos. A reforma coincide com os progressos no Projeto de Gás de Tendrara, com os renovados esforços de exploração offshore e com o avanço contínuo do Gasoduto Nigéria-Marrocos, reforçando a ambição de Marrocos de se tornar um centro energético regional que ligue os recursos de gás africanos aos mercados europeus.

«O investimento na energia assenta em instituições sólidas, políticas claras e quadros de investimento competitivos», afirma NJ Ayuk, presidente executivo da Câmara Africana de Energia. «Barbados, Angola e Marrocos estão a demonstrar diferentes abordagens para libertar o seu potencial energético, e a AEW 2026 proporciona uma plataforma importante para que estes líderes interajam diretamente com investidores e com a indústria.»

A participação dos ministros Symmonds, Andrade e Didi reforça o papel da AEW 2026 como a principal plataforma do continente para o diálogo entre governos e o setor privado. Realizado ao longo de cinco dias no Centro Internacional de Conferências da Cidade do Cabo, o evento reúne decisores políticos com os investidores e promotores que impulsionam a próxima geração de projetos energéticos em África.

Distribuído pelo Grupo APO para African Energy Chamber.

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