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Gabon’s Gas Agenda Amplified with Recent Independent-led Power Projects

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Gabon Power Company

A recently signed MoU between Perenco and the Gabon Power Company lays the foundation for a new gas-fired power plant that will help electrify the country and compliment the government’s broader plans to utilize its abundant but overlooked gas resources

JOHANNESBURG, South Africa, April 11, 2023/APO Group/ — 

Demonstrating the significant role natural gas continues to play in electrifying Africa, Anglo-Swiss oil and gas heavyweight Perenco together with representatives of the Gabonese government signed a groundbreaking memorandum of understanding (MoU) for the construction of a gas-fired power plant aimed at electrifying the country’s remote southern provinces. The development comes amidst broader plans to harness the country’s unmet potential as a natural gas producer and confirms Perenco’s central role in the region’s ambitions.

In the presence of Vincent de Paul Massassa (https://apo-opa.info/3zPIwOk), Gabon’s Minister of Oil and Gas, the MoU was signed by Perenco’s Gabon Director General, Adrien Broche, and Joseph Diboma, Director of Development at Gabon Power Company (GPC) in the capital Libreville. Under the terms of the MoU, the two companies will co-develop a state-of-the-art power plant in Mayumba on the south coast to supply the southern provinces of Nyanga and Ngounié with electricity generated using gas, which will be extracted from Perenco’s nearby offshore oil and associated gas fields.

The initial phase of the project will see an investment of 24 billion CFA from Perenco to build the infrastructure for gas compression and transport via sub-sea pipeline to the site, where GPC has committed to invest a further 50 billion CFA in the power plant itself. This should provide approximately 20 MW of installed capacity, amounting to 180 GWh per year. This will go a long way towards meeting the 150 MW that the government’s Acceleration and Transformation Plan estimates is required to meet the energy needs of the southern country. To help meet this potential, GPC will build a 90 kV high-voltage line, a 20 KV low-voltage line, and a lifting station to supply the main cities of Tchibanga in Nyanga, and Mouila in Ngounié. The second phase of the project will see a 50 MW extension to supply the town of Lambaréné in Moyen Ogooué province. Phase one is expected to electrify 80,000 households and generate some 450 jobs.

The initial phase of the project will see an investment of 24 billion CFA from Perenco to build the infrastructure for gas compression and transport

The model for this development is similar to projects further north, in which gas from Perenco’s offshore Mbia field is being harnessed to power the country’s two main cities, the capital Libreville, and Gabon’s main offshore oil and gas hub Port Gentil. In addition to unlocking significant economic benefits, the project demonstrates the role natural gas and independent oi and gas companies will play in electrifying, industrializing and growing both Gabon and Africa’s broader economy. The project itself is but the latest demonstration of Perenco’s long-standing commitment to the Gabonese energy sector, where the company’s forte for revitalizing mature fields is particularly relevant in the local environment, where oil production has been steadily declining since its peak in 1996. The company entered Gabon in 1992 with the acquisition of offshore oil fields off Port-Gentil and has since acquired more assets both on and offshore. Exploitation of these assets has been accompanied by Perenco’s further investment in pipelines and Floating Storage and Offloading vessels. The company’s contribution to infrastructure reached a climax in February of this year when Perenco announced a final investment decision for the creation of the $1-billion Cap de Lopez liquified natural gas (LNG) facility, which will have a capacity of 700,000 tons of LNG, with production expected to come online in 2026.

These developments showcase a much broader ambition laid out in the government’s Gas Master Plan, aimed at diversifying Gabon’s energy mix by tapping into the country’s previously unexploited natural gas potential. Gabon has an estimated 1.2 trillion cubic feet of natural gas reserves, largely located offshore in the form of associated gas in the country’s oil fields. Gas production peaked in 2021 at 70 billion cubic feet, however this figure is set to rise as the government aims to eliminate flaring and instead harness its gas assets to electrify local homes, address climate change, and boost export revenues by meeting growing demand for LNG in wealthy European markets.

As Gabon ushers in a new era of economic growth on the back of natural gas, the country is set to sign new deals and kickstart further development during the continent’s premier event for the oil and gas sector, African Energy Week (AEW) 2023 (www.AECweek.com) – which is organized by the African Energy Chamber (the voice of the African energy sector) and taking place from October 16-20 in Cape Town. During AEW 2022, the country made a strong play for investment, with a Gabonese delegation led by H.E. Minister Massassa engaging with investors, driving discussions and connecting E&P players with Gabonese opportunities. This year, this trend will only continue as opportunities presented by the Gas Master Plan entice new financiers and players to the emerging gas market. 

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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Etu Energias

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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Energy

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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