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Independent Operators Join Angola Oil & Gas (AOG) 2025 to Discuss Frontier Drilling, Onshore Prospects

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Angola

Representatives from Panoro Energy, ReconAfrica, Corcel, Sintana Energy and FIRST E&P have joined this year’s Angola Oil & Gas conference

LUANDA, Angola, July 22, 2025/APO Group/ –Angola witnessed a surge in Merger & Acquisitions in recent months, as independent oil and gas companies strengthened their presence across the market. As the country prepares to launch its next licensing round in 2025 and continues promoting acreage available through its permanent offer scheme, this positive momentum is expected to continue. Leading independent oil and gas companies have joined the Angola Oil & Gas (AOG) conference to discuss investment strategies and upcoming projects.

John Hamilton, CEO of Panoro Energy, is speaking at AOG 2025 – taking place September 3-4. The company has seen significant success in regional offshore markets, reporting steady production growth in Gabon, Equatorial Guinea and Tunisia this year. In 2025, Panoro Energy also made an offshore oil discovery at the Dussafu block in Gabon. The well contains up to 25 million barrels of recoverable resources and is set to support future production growth at the site. While the company does not have a presence in Angola as of yet, the country offers a wealth of block and partnership opportunities for Panoro Energy, particularly in offshore acreage where the company has extensive expertise.

Onshore, companies such as ReconAfrica are making a play for frontier discoveries. The company signed an agreement with Angola’s upstream regulator – the National Oil, Gas & Biofuels Agency – in April 2025 to explore 5.2 million acres in the Etosha-Okavango basin. Signaling ReconAfrica’s entrance into Angola, the deal lays the foundation for a series of exploration activities over the next 24 months. ReconAfrica is also exploring in Namibia, where it has a license covering 6.3 million acres. During AOG 2025, Brian Reinsborough, CEO of ReconAfrica, is expected to shed light into the company’s ongoing exploration activities.

Robert Bose, CEO of, Sintana Energy, and Scott Gilbert, CEO of Corcel, are also expected to share insight into onshore exploration in Angola. With a majority interest in Block KON 16 – situated in the onshore Kwanza basin in Angola – Corcel has been working to advance exploration at the block. The company signed two agreements to this affect in 2025, increasing its share in KON 16 to 71.5%. The first agreement was signed with Intank Global DMCC for a 30% stake in the block. The second deal was signed with Sintana Energy in May 2025 for a 5% indirect interest. The transaction seeks to boost exploration activities at the block by mobilizing additional capital for exploration activities planned in 2026. The companies also signed an agreement to evaluate and pursue other exploration and production opportunities in Angola. The partners committed to collaborating on the identification and review of new opportunities.

Meanwhile, George Toriola, Chief Strategy Officer at FIRST E&P, is also speaking at AOG 2025. While the company is not yet active in Angola, FIRST E&P has proven industry experience through its strong portfolio of producing assets in Nigeria. The company is exploring regional growth opportunities, seeking to leverage its experience in Nigeria’s onshore and shallow water blocks to unlock additional production opportunities across sub-Saharan Africa. For Angola, which offers a wealth of onshore and shallow water opportunities, this experience stands to support the country’s production goals while creating new opportunities for regional collaboration and trade.

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

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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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