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Hong Kong Hosts First-ever Leaders of Luxury Summit

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Luxury Summit

Global Luxury CEOs Underscore City’s Status as Premium Hub for Luxury Business
HONG KONG SAR – Media OutReach Newswire – 2 December 2024 – Long recognised as a land of luxury, Hong Kong has levelled up its luxury hub appeal following the Leaders of Luxury Summit 2024. Organised by Robb Report Hong Kong, the summit brought together luxury industry titans to discuss pivotal topics that “Redefine Luxury Through a Global Lens” at Regent Hong Kong on November 26-28, 2024. According to the latest “2024 Billionaire Census” report from Altrata, the city is currently world’s no. 2 with the highest number of billionaires. The city is expected to have 22.4% more ultra-high-net-worth individuals (UHNWI) by 2028, the second highest growth rate globally, according to the Knight Frank Wealth Report 2024.

Unrivalled access to world’s largest luxury markets
Hong Kong, at the heart of Asia, is one of the fastest growing luxury markets globally, as well as a unique gateway to Mainland China, which is expected to experience the highest growth rate of UHNWI population by 2028, opening up a world of lucrative opportunities for all luxury brands.

Hong Kong Tourism Board (HKTB) Chairman Dr Y.K. Pang pointed out in his welcome remarks at the Summit, “as the main growth engine of the global luxury market, Asia-Pacific—including Mainland China—presents immense opportunities. China alone is projected to account for 25% of worldwide luxury sales by 2025. For luxury brands, Hong Kong serves not only as the ideal springboard into this rapidly expanding market, offering a platform to connect with discerning consumers across the region; it is also a powerful magnet attracting all those discerning consumers and HNWI, who live the luxury lifestyle.”

Luxury brand leaders hail Hong Kong’s best-in-class setup for investment and tourism
While attending Leaders of the Luxury Summit 2024 in Hong Kong, the C-suites and executives of leading limousine, yacht and private jet brands shared their personal vision of luxury experiences on land and in air and sea.

Dr Frank-Steffen Walliser, CEO of Bentley, is impressed by Hong Kong’s pursuit of excellent quality. “Hong Kong has long been recognised for its strong market. The city often sets trends and embraces new technologies, making it an ideal market for exploring the brand’s potential. This trip is a good combination of attending the conference and meeting with our local customers and retailers. The real highlight of this trip is to hand over Four bespoke Bentayga EWB Azure models to the world-famous Peninsula Hotel. A very special occasion.” he said.

Alberto Galassi, CEO of the Ferretti Group believes Hong Kong is ideal for investment of luxury brands and yacht tourism. “Hong Kong always played an important role for Ferretti. We’ve been the first in the industry, opening in early 2000, 10 years of growth. We listed in Hong Kong 2022, and we are the only company in the world dual list in Hong Kong and in Milan Stock Exchange, and we have expanded our office in Landmark. The city’s stunning architecture, impressive skyline, beautiful sea, and high-quality hotels, and its people, all contributes to Hong Kong’s status as global luxury hub, not just for yachts but for all aspects of life. With more infrastructure, Hong Kong has a huge potential to develop yacht tourism because the city is unique like nowhere else”. he noted.

Amy Yang, Vice President Marketing, APAC & IMEA of VistaJet, is excited about the enormous opportunities brought by Hong Kong. “2024 marks the 20th years of VistaJet and for the past two decades Hong Kong has always been a first-rate international aviation hub. Hong Kong’s strategic location as the gateway to Mainland China bridges East and West, providing huge opportunities for business and tourism, and the government’s commitment to enhancing the infrastructure and expand private jet terminals is guaranteeing to the city a central role in the world of luxury.” she observed.

Tak Man, CEO and publisher of Robb Report Hong Kong, expressed, “We are thrilled to host this inaugural Leaders of Luxury Summit in Hong Kong. Hong Kong is a perfect place with strong connectivity, visa-free policy and excellent hospitality. We are in discussion to bring even more mega events to Hong Kong.”

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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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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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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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