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Gabon: Positioning Oil & Gas as an Enabler of Countrywide Growth

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Gabon

Gabon is seeking to attract an influx of private capital and participation on the back of fortified infrastructure, greater financial inclusion of SMEs and the establishment of public-private partnerships

LIBREVILLE, Gabon, May 25, 2023/APO Group/ — 

With its economic indicators showing clear signs of recovery, and the current Parti Démocratique Gabonais (PDG) set to retain power after this year’s elections, Gabon’s economic plans (https://apo-opa.info/3q5SqcV) are moving ahead at full speed.

Under its 2025 Plan for an Emerging Gabon (PSGE), the country is seeking to facilitate the influx of private capital and participation in both the hydrocarbons value chain and diversified industrial base, leveraging private sector growth to fuel diversification into non-oil sectors like gas, infrastructure, timber, ecotourism and mining.

The cornerstone of these plans are ongoing initiatives to develop more resilient infrastructure, improve the ease of doing business and support training and education, all in a bid to make it more attractive for private investors to enter and operate in Gabon.

Gabon has implemented wide-ranging legal and regulatory reforms to make its operating environment more conducive to new investment

Despite the country’s largest industry – oil – being the source of asphalt, and its second-largest industry – logging – being dependent on roads, Gabon has limited physical infrastructure outside of a few urban centers, leaving much of the country cut off from industrialized growth and inhibiting connections to water and electricity. To address this problem, the government is seeking to unbundle the Gabon Energy and Water Company (SEEG) and deregulate the utilities sector, allowing private players to enter the market and improving access by households and businesses. The government also created its first special economic zone (SEZ) at Nkok near the deep-sea port of Owendo, providing access to water and electricity and on-site legal and financial services to local and foreign investors. Last April, plans were announced for a third such zone in the south-eastern province of Haut-Ogooué, specifically aimed at attracting investment in agriculture, forestry and mining, promoting economic diversification, boosting exports, and generating up to 4,000 jobs in the underdeveloped south of the country.

The Gabonese government has also been working collaboratively with the private sector to improve the ease of doing business, setting up a network of business incubators that assist entrepreneurs with feasibility studies, market studies, business plans, accounting and vocational training (https://apo-opa.info/3qeyu7W), as well as providing qualified access to capital by bringing together project leaders and potential investors. To consolidate these gains and prepare younger generations for a more economically integrated future, the Multisectoral Center for Vocational Education and Training (CIMFEP) was launched in 2021 to match local skills with the projected needs of private sector diversification. The program has been lauded by the United Nations as being aligned with its own recommendations about how best to aid the development and diversification of Central African economies.

In addition to these initiatives, Gabon has implemented wide-ranging legal and regulatory reforms to make its operating environment more conducive to new investment. For example, Gabon’s Ministry of Oil, Gas, Hydrocarbons and Mines worked hand in hand with International Oil Companies (IOCs) in revising the Hydrocarbons Code (https://apo-opa.info/3oIPjqD) to improve fiscal terms and optimize performance of the sector. The resulting New Hydrocarbons Code (2019) reduced government participation and royalties in production sharing contracts, as well as stipulated that local oil and gas service providers should be given preference when tendering work in logistics and supplies, giving them valuable access to income, technology and skills development. Not only did the revised code renew interest from IOCs in Gabon’s upstream landscape, but it also demonstrated the value of private-public sector collaboration in driving new investments.

These efforts to facilitate partnerships between the state and the private sector seem to have paid off: Gabon has launched several public-private partnerships (PPPs) in the realm of power and utilities, including a recent MOU signed between Gabon Power Company and independent oil and gas company Perenco for the construction of a gas-fired power plant in Mayumba. Under the agreement, the two companies will jointly develop the plant, which will produce gas from Perenco’s nearby offshore oil and gas fields to electrify 80,000 households in Gabon’s southern provinces. Initiating collaboration through PPPs can be an effective way tomobilize financing and distribute risk among multiple parties. In addition, these partnerships garner multi-faceted governmental support and formalized energy development plans, while capitalizing on free-market expertise and competition required to operate the project from a technical standpoint. The success of PPPs in Gabon’s utilities space, along with ongoing reforms to improve the ease of doing business, are highly anticipated to drive private sector growth in the country in the coming decade.

All this and more will be further unpacked in Energy Capital & Power’s upcoming market report, Energy Invest Gabon. Keep following for more information about this exciting report!

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

Business

Sonangol Takes Emerald Sponsorship at African Energy Week (AEW) 2026 as Angola Expands Deepwater and Gas Portfolio

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African Energy Chamber

Angola’s national oil company strengthens its continental leadership as major 2026 oil, gas and infrastructure projects reshape its production and investment footprint

CAPE TOWN, South Africa, April 30, 2026/APO Group/ –Angola’s national oil company Sonangol has been confirmed as an Emerald Sponsor of African Energy Week (AEW) 2026, reinforcing its position as one of the continent’s most influential integrated energy players at a time of rapid upstream expansion and downstream transformation.

The sponsorship comes as Sonangol accelerates a multi-billion-dollar investment drive across exploration, production, gas monetization and refining infrastructure, with several flagship projects set to reshape Angola’s energy landscape through 2030.

At the heart of this expansion is Sonangol’s continued partnership with international operators on major offshore developments. In Block 15/06, the Agogo Integrated West Hub – developed alongside Azule Energy and Sinopec – reached production in 2025, adding significant new volumes through the Agogo and Ndungu fields and reinforcing Angola’s drive to sustain output above one million barrels per day.

Another cornerstone development is the Kaminho Deepwater Project in Block 20/11, operated with TotalEnergies and Petronas, which targets first oil in 2028 with an estimated production capacity of around 70,000 barrels per day. The project represents a key step in unlocking Angola’s Kwanza Basin frontier and demonstrates Sonangol’s continued role in large-scale deepwater developments.

Sonangol continues to demonstrate the strategic importance of African national oil companies in shaping the continent’s energy future

In parallel, Sonangol is expanding its gas portfolio through its stake in the New Gas Consortium, Angola’s first non-associated gas development. The Quiluma field recently achieved first gas and is expected to ramp up to around 330 million cubic feet per day at plateau, supplying feedstock to the Angola LNG plant and reinforcing the country’s position as a long-term LNG exporter.

Downstream, Sonangol is advancing an ambitious refining expansion strategy aimed at strengthening fuel security and value retention. The Cabinda Refinery has entered its final testing and commissioning phase, with operations expected to ramp up imminently following initial start-up and fuel deliveries beginning in 2026. Long-term projects in Lobito and Soyo are positioned to substantially expand Angola’s refining capacity over the coming decade.

Beyond hydrocarbons, Sonangol is also deepening its diversification into renewables and integrated power. Through renewable energy partnerships, including solar initiatives such as the Quilemba Solar Project in southern Angola developed with international partners, the company is gradually building a multi-energy portfolio aligned with Angola’s broader energy transition goals.

Financially, Sonangol has also strengthened its balance sheet to support this expansion, securing a $1.75 billion syndicated financing facility in early 2026 to support operational and capital investment needs across its portfolio.

Sonangol’s role as Emerald Sponsor of AEW 2026 therefore comes at a pivotal moment for both the company and Angola’s energy sector. The partnership underscores the company’s intent to position itself not only as a national champion, but as a continental energy leader driving investment, partnerships, and infrastructure development across the value chain.

“Sonangol continues to demonstrate the strategic importance of African national oil companies in shaping the continent’s energy future,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “Its investment drive across upstream, gas and downstream infrastructure reflects a clear commitment to long-term value creation, energy security and industrial growth in Angola and beyond.”

Distributed by APO Group on behalf of African Energy Chamber.

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South Sudan Declines to Renew Oranto’s License for Block B3

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South Sudan

This decision follows a comprehensive review of Oranto’s performance under the EPSA over the six-year contractual period

JUBA, South Sudan, April 30, 2026/APO Group/ –The Ministry of Petroleum of the Republic of South Sudan (https://MOP.Gov.SS) announces that it has decided not to renew the Exploration and Production Sharing Agreement (EPSA) held by Oranto Petroleum for Block B3.

This decision follows a comprehensive review of Oranto’s performance under the EPSA over the six-year contractual period. The review found that Oranto did not meet key work program obligations, including the completion of required seismic surveys and the drilling commitments stipulated in the agreement.

In addition, Oranto failed to fulfill its financial obligations to the Government of South Sudan and related project commitments, as provided for under the EPSA framework.

In line with the Government’s policy of ensuring responsible resource development and attracting credible, technically capable investors, the Ministry has therefore concluded that the non-renewal of the Block B3 license is in the best interest of the country.

Block B3 is now open for new applications, and the Ministry of Petroleum welcomes interest from serious and qualified international and regional oil and gas companies committed to timely exploration, compliance with contractual obligations, and long-term partnership with the Republic of South Sudan.

The Ministry reaffirms its commitment to transparency, accountability, and the sustainable development of South Sudan’s petroleum sector.

Distributed by APO Group on behalf of Ministry of Petroleum South Sudan.

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Energy

African Energy Week (AEW) 2026 Launches Artificial intelligence (AI) and Data Center Platform, Bridging Africa’s Digital and Energy Transformation

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African Energy Chamber

The track – led by the African Energy Chamber – positions Africa’s digital infrastructure buildout as a catalyst for gigawatt-scale energy investment

JOHANNESBURG, South Africa, May 4, 2026/APO Group/ –The African Energy Week (AEW) Conference and Exhibition – taking place October 12-16 in Cape Town – will host the first-ever AI and Data Center Track, positioning the continent at the intersection of digital infrastructure expansion and energy system transformation. Led by the African Energy Chamber (AEC) (www.EnergyChamber.org), the track is designed as a platform to align policymakers, investors and technology players around a unified strategy for scaling power generation through data-driven demand. As Africa moves to strengthen energy security, the upcoming track will demonstrate how AI-driven investments can support the continent as it strives to make energy poverty history.

The introduction of the AI and Data Center Track reflects a structural shift that is already underway across global energy markets. Data centers – driven by artificial intelligence, cloud computing and digital services – are rapidly becoming one of the largest sources of incremental electricity demand. Globally, the demand for uninterruptible power supply for IT equipment alone is forecast to reach 249 GW by 2030, with total installed capacity expected to climb to 374 GW.

While the penetration of data centers in Africa has been comparably slower, investment is gradually increasing in these areas. South Africa is leading the continent’s data center expansion, with cloud zones from Microsoft and AWS already live and Google expected to follow. Kenya has around 40 MW of IT load capacity and a projected 30% CAGR through 2028. Despite this progress, more investment is required to keep up with the pace of Africa’s digital evolution. Notably, data usage is expected to quadruple per mobile by 2028, while generative AI and machine learning are impacting demand.

Data centers and AI are not just consumers of power – they are catalysts for investment, innovation and access

While Europe has serviced much of Africa’s digital demand, rising latency requirements and growing data sovereignty regulations are motivating a shift to domestic data centers – strengthening the investment case even further. This comes as African energy demand continues to rise and is projected to more than double by 2040. In this context, Africa represents both a frontier market and a strategic opportunity – and a region where energy demand growth can be shaped, rather than retrofitted, around emerging digital infrastructure.

“Africa has a unique opportunity to leapfrog legacy systems by aligning its energy growth with the digital economy. Data centers and AI are not just consumers of power – they are catalysts for investment, innovation and access. If we structure this correctly, we are not just powering servers; we are powering economies and closing the energy access gap at scale. We will start a data center and AI revolution in Cape Town,” states NJ Ayuk, Executive Chairman, AEC.

The AEW 2026 AI and Data Center Track positions Africa’s digital evolution as an anchor for the continent’s energy expansion. The opportunities are two-fold. Firstly, these centers require large volumes of reliable, uninterrupted electricity, therefore creating predictable and bankable demand for energy investors. Secondly, they strengthen the case for new generation capacity and grid expansion, strengthening national energy systems and introducing affordable sources of power to local markets.

This is where the AEC’s platform is attempting to reframe the narrative. Rather than treating data centers as isolated infrastructure projects, the new track positions them as anchor demand capable of unlocking large-scale power generation. Showcasing the AEC’s innovative mindset, the platform will also tackle regulatory and fiscal frameworks, with the Chamber working with governments to implement the right kind of policies that will drive data center, AI and energy expansion. The Chamber has already engaged world class companies to develop the platform, ensuring compliance and alignment with industry dynamics.

By embedding the AI and data center agenda within AEW 2026, the AEC is effectively integrating digital infrastructure into mainstream energy discourse. As global energy demand becomes increasingly shaped by digital infrastructure, Africa is positioning itself to capture that demand – and, in doing so, reshape its own energy trajectory.

Distributed by APO Group on behalf of African Energy Chamber.

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