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Guinea-Conakry Emerges as West Africa’s Next Oil & Gas Frontier

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Energy Capital

Under the leadership of national oil company SONAP, Guinea-Conakry is positioning itself as the next frontier in West Africa’s oil and gas sector, with new blocks and investment reforms underway

DAKAR, Senegal, October 28, 2025/APO Group/ –Guinea-Conakry, long known as one of the world’s leading bauxite exporters with nearly 100 million tons shipped in the first half of 2025, is now positioning itself as an emerging player in West Africa’s oil and gas sector. Geologically, the country lies within the MSGBC basin (Mauritania, Senegal, Gambia, Guinea-Bissau and Guinea-Conakry), a frontier region attracting growing attention for its hydrocarbon potential.

Neighboring Senegal and Mauritania have already achieved significant milestones: Senegal produced its first oil in June 2024 from Woodside’s Sangomar field, while both countries began gas production in late 2024 from bp and Kosmos Energy’s Greater Tortue Ahmeyim field. As the region establishes itself as a strategic energy frontier, Guinea-Conakry is advancing its regulatory framework, seismic studies and investor outreach to capitalize on this momentum.

Geological Potential for Hydrocarbon Reserves

Guinea-Conakry shares a geological history with Guyana and Suriname, situated along the Atlantic Equatorial margin. Its Cretaceous formations, marine source rocks, structural traps and sedimentary basins mirror those that enabled Guyana and Suriname to become prolific oil-producing regions, with more than 10 billion barrels discovered to date. Furthermore, the country has amassed a portfolio of 2D and 3D seismic data covering 17,000 km², alongside historical borehole data – resources comparable to those that underpinned early exploration in Guyana and Suriname.

SONAP’s Role in the Emerging Sector

Guinea-Conakry’s national oil company, SONAP (Société Nationale des Pétroles de Guinée), established in 2021, is central to the country’s oil and gas ambitions. Under the leadership of Director General Dr. Lanciné Condé, SONAP has strengthened its technical capabilities with advanced field equipment, including topographic, gas detection and mapping tools, enabling more effective assessment of onshore and offshore acreage.

SONAP has also established its first national seismic data visualization center, in collaboration with SLB and TGS. The center holds approximately 15,000 km² of 3D seismic data and 45,000 km² of 2D data, providing investors with a valuable foundation for exploration.

Early exploration results are encouraging. Wells such as GU-2B-1 and Sabu-1 have confirmed a working petroleum system in the Upper Cretaceous formations, with evidence of mature source rocks, quality reservoirs and hydrocarbon shows. While previous deepwater drilling at Fatala-1 did not yield commercial production, geological analogies with proven Atlantic Equatorial Margin basins and promising structures continue to attract investor interest.

Enhancing Investment Appeal

SONAP has undertaken reforms aimed at positioning Guinea-Conakry as a competitive oil and gas destination. A national petroleum cadastre has been established, and 22 blocks have been identified for a potential bidding round. In April 2025, SONAP launched two tenders: one for the development of a storage and product management platform, and another to achieve the ISO 9001 and ISO 45001 certifications in quality and safety. These initiatives signal a commitment to transparency, operational efficiency and investor-friendly governance.

For investors, Guinea-Conakry now offers reduced exploration risk, with high-quality seismic and geological data lowering upfront costs and uncertainty. Early participants in the licensing round can secure favorable terms ahead of increased competition.

Looking ahead, these developments will be highlighted at the MSGBC Oil, Gas & Power 2025 Conference and Exhibition, taking place in Dakar on December 9–10. The event will provide a platform for international investors to engage directly with SONAP, explore available blocks and gain first-hand insights into Guinea-Conakry’s emerging hydrocarbon potential.

Explore opportunities, foster partnerships and stay at the forefront of the MSGBC region’s oil, gas and power sectors. Visit www.MSGBCOilGasandPower.com to secure your participation at the MSGBC Oil, Gas & Power 2025 conference. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

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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