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Invest in Equatorial Guinea Oil and Gas: Minister of Mines and Hydrocarbons Joins African Energy Week (AEW) 2024

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African Energy Week

Equatorial Guinea’s investment offerings range from upstream exploration to downstream infrastructure to regional distribution and associated industries

CAPE TOWN, South Africa, March 18, 2024/APO Group/ — 

Equatorial Guinea’s Minister of Mines and Hydrocarbons, Antonio Uburu Ondo, will speak at the 2024 edition of the African Energy Week (AEW): Invest in African Energy conference – taking place November 4-8. The event brings together global financiers and African governments, setting the stage for deals to be signed and developments to kick off.

To attract foreign investment in domestic gas opportunities, the Ministry of Mines and Hydrocarbons is in the process of implementing a series of measures to strengthen the business climate for oil and gas companies. Various fiscal amendments are poised to come into force this year, including a reduction of Corporate Income Tax from 35% to 25% – translating into a reduction of 10 points – and the reduction of Dividend Tax from 25% to 10% – a reduction of 15 points. AEW 2024 will showcase upcoming opportunities and competitive investment terms, connecting investors to Equatorial Guinean projects.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Speaking during the 2023 edition of AEW, Minister Ondo said that “We are open for business, we are open to host new investors and we are inviting you to be very pragmatic when you approach Equatorial Guinea,” and ease of doing business in the country has already led to several developments being made.

By investing in Equatorial Guinea’s energy industry, project developers and financiers stand to transform the entire West African region’s economy

Equatorial Guinea signed three production sharing contracts with independent exploration and production company Panoro Energy and oil and gas company Africa Oil Corporation in 2023. Panoro was awarded a 56% participating interest and operatorship in Block EG-01, enabling the company to conduct subsurface studies on existing seismic data to identify and define hydrocarbon reserves over a period of three years. Meanwhile, Africa Oil Corporation was awarded PSCs for Blocks EG-18 and EG-31, marking the company’s entry into the market.  

Additionally, government signed a Heads of Agreement with independent energy company Marathon Oil in 2023 to progress the next stages of the Gas Mega Hub (GMH) initiative – aimed at establishing the country as a regional hub for processing stranded gas resources. Phase II involves processing gas from the Alba Unit under new contractual terms while Phase III will process gas from the Aseng field at Punta Europa facilities. This next stage of development consolidates the country’s position as a regional gas hub while strengthens Equatorial Guinean LNG exports at a time when global gas demand is projected to grow by 100 billion cubic meters in 2024.

The country is making great strides towards increasing LNG exports. Marathon Oil entered into a five-year LNG sales agreement with Glencore for a portion of produced Alba field gas in October 2023, with the agreement coming into effect in January 2024. Further investment in upstream gas will be required to give exports an additional boost, highlighting lucrative opportunities for project developers and global consumers.

Meanwhile, Equatorial Guinea is making moves to establish its regional stronghold, with an agreement signed with Cameroon in 2023 on cross-border oil and gas development. As per the terms of the deal, the countries will jointly develop projects along the maritime border, including the Yoyo and Yolanda fields; the Etinde gas field; and the Camen and Diega fields. A similar agreement was struck in 2022 with Nigeria, paving the way for West African gas to be processed in Equatorial Guinea. Such agreements pave the way for new monetization opportunities, and investment prospects are emerging within the power generation; LPG; and blue hydrogen industries.

“Equatorial Guinea has the right mindset: drill more wells, collaborate with regional neighbors, and monetize untapped natural gas. Initiatives such as the GMH will not only generate new streams of revenue for Equatorial Guinea but support the monetization efforts of regional countries. By investing in Equatorial Guinea’s energy industry, project developers and financiers stand to transform the entire West African region’s economy,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

Investment opportunities across the Equatorial Guinea natural gas value chain will come to the fore during AEW 2024: Invest in African Energy. Minister Ondo’s return to the event this November underscores the government’s commitment to engaging with global investors to unlock new projects in Equatorial Guinea.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

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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IsDBI

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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