Connect with us
Anglostratits

Business

Ghana Investment Promotion Center (GIPC) to Promote Investment Opportunities Across Ghana’s Energy Sector

Published

on

Ghana Investment Promotion Center

The company’s Deputy CEO, Afriyie, has been instrumental in leading the company alongside CEO Reginald Rofi Grant, with the deputy coming to AEW to discuss investment in a post-COVID-19, energy transition context

JOHANNESBURG, South Africa, August 12, 2022/APO Group/ — 

With significant opportunities present across the entire oil and gas value chain, the Ghana Investment Promotion Center, represented by Deputy CEO Yaw Amoateng Afriyie, will be making a strong case for Ghana-directed investment at AEW 2022 (www.AECWeek.com).

The African Energy Chamber (AEC) is proud to announce the participation of Yaw Amoateng Afriyie, Deputy Chief Executive Officer of the Ghana Investment Promotion Center (GIPC) at the African Energy Week (AEW) conference and exhibition, Africa’s premier event for the energy sector, which will take place from October 18-21, 2022, in Cape Town.

As a government parastatal, the GIPC is tasked with promoting investments across a number of key sectors in Ghana, including agriculture, mining, fintech, renewable energy, oil & gas and construction. The company’s Deputy CEO, Afriyie, has been instrumental in leading the company alongside CEO Reginald Rofi Grant, with the deputy coming to AEW to discuss investment in a post-COVID-19, energy transition context.

For his part, Afriyie, as a management and political risk professional, has extensive strategic experience regarding matters affecting business and investment in sub-Saharan Africa. In his role as Deputy CEO, Afriyie has and continues to drive the organization’s strategic direction and business development objectives.

The participation of Afriyie as a speaker at Africa’s leading investment platform for the energy sector will be crucial for shaping discussions around the best financial solutions

Through the works of GIPC and a supporting investor-friendly regulatory environment, Ghana has emerged as a desirable investment destination for global investors with the country’s foreign direct investment increasing by 39% to $2.6 billion in 2021, ranking second in West Africa and seventh in Africa, according to the World Investment Report 2022. Currently, the country is targeting universal access to electricity by 2030, hoping to maximize the country’s 0.8 trillion cubic feet of gas and 660 million barrels of oil reserves whilst diversifying the energy mix with renewable energy deployment.

Recently, developments by majors emphasize the openness of the sector to investment. International players including Eni, bp and Tullow have launched massive investment drives across Ghana’s hydrocarbon sector with projects such as the Tema Liquefied Natural Gas Import Terminal and the Sankofa Gas project, creating a positive outlook for the country’s energy landscape. However, more needs to be done from an investment perspective to unlock the full potential of the country’s energy sector. In this regard, Afriyie will be key, promoting investment opportunities across Ghana’s high potential sector during AEW 2022 in Cape Town. 

The participation of Afriyie as a speaker at Africa’s leading investment platform for the energy sector will be crucial for shaping discussions around the best financial solutions available, and how Africa can address its growing investment and infrastructure rollout gap to address energy poverty. In addition to driving investment-focused dialogue, AEW 2022 represents the best platform for stakeholders such as Afriyie to directly engage with regional and global stakeholders, negotiating and signing deals.

Prior to joining GIPC, Afriyie worked as the Managing Director of Elmina Advisory Ltd, West Africa head at Africa Matters Ltd and with FTI Consulting and Africa Practice, London, where he has gained vast experience in researching and analyzing investment trends across various industries. By joining Ghanaian energy market executives including Hon. Freddie Blay, Board Chairman of the Ghana National Petroleum Corporation and Dr. Mustapha Abdul-Hamid, Chief Executive at Ghana’s downstream petroleum regulator, the National Petroleum Authority, at AEW 2022, Afriyie will leverage his expertise to make a strong case for investment, particularly regarding capital intensive projects such as Aker Energy’s Pecan Floating Production Storage and Offloading facility and Springfield E&P’s Afina as the country seeks to become a net oil and gas exporter whilst meeting domestic energy needs.

“We commend the works conducted by the GIPC in improving Ghana’s attractiveness as an investment destination. As a result, Ghana now represents one of Africa’s top markets for investors and international players to enter, and, coupled with the country’s rich hydrocarbon basins, massive economic growth driven by secure energy supply and socioeconomic expansion is in the making. We are proud to be hosting Mr. Afriyie at AEW 2022 this October where deals and policies that will change both Ghana and Africa’s energy landscape will be tabled and signed,” states Tomás C. Gerbasio, Strategy and Business Development Director of the AEC.

At AEW 2022, Mr. Afriyie will participate in investment forums, high-level meetings and panel discussions focusing on how Africa can accelerate investments across its energy sector to make energy poverty history across the continent by 2030.

Distributed by APO Group on behalf of African Energy Week (AEW).

Business

Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

Published

on

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.

 

Continue Reading

Business

Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

Published

on

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.

Continue Reading

Business

Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

Published

on

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.

Continue Reading

Trending