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Libya Energy & Economic Summit (LEES) 2026 Puts Libya’s Energy Scale, Technology and Exploration Ambitions in Focus

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Libya

From drilling strategies to AI-driven production optimization to renewable energy and frontier exploration, the Libya Energy & Economic Summit 2026 showcased Libya’s evolving energy strategy

TRIPOLI, Libya, January 26, 2026/APO Group/ –The second day of the Libya Energy & Economic Summit 2026 in Tripoli sharpened Libya’s energy narrative around scale, long-term ambition and partnership depth. From gas megaproject timelines and AI-led production optimization to renewed exploration momentum and drilling targets for 2026, discussions highlighted the breadth of Libya’s opportunity set across hydrocarbons, renewables and services.

Libya Targets 70–100 Wells in 2026

Libya’s Minister of Oil and Gas announced plans to drill between 70 and 100 oil and gas wells in 2026, reflecting growing upstream activity tied to the country’s licensing round and investment framework. The drilling strategy will be supported by $3–4 billion in anticipated annual investment flows as well as new unified drilling regulations aimed at improving safety, efficiency and coordination across the sector.

Eni Details Timeline for $8B Structures A&E Gas Development

Eni reaffirmed its commitment to Libya’s gas sector, confirming that the $8 billion Structures A&E offshore development remains on track for completion by the end of 2027. Led by Mellitah Oil & Gas – a joint venture between Eni and Libya’s National Oil Corporation (NOC) – the project is expected to add around 750 million standard cubic feet per day of gas, supporting domestic demand while creating export volumes for Europe. Eni also highlighted progress at the Bahr Essalam gas compression project, scheduled to begin operations in early 2026.

SLB Expands AI and Digital Oilfield Deployment

Digital transformation featured prominently as SLB outlined plans to scale AI-driven production optimization and remote monitoring technologies across Libya in 2026. The company said AI-powered ESP surveillance, Lumi data platforms and intelligent stimulation programs are reshaping how mature fields are managed, while supporting Libya’s production targets and zero-flaring objectives. SLB also emphasized its focus on local training, with digital oilfield upskilling programs planned for Libyan engineers.

Mediterranean Deepwater Emerges as Strategic Exploration Focus

Libya’s Mediterranean offshore was positioned as a key frontier for future upstream growth, with the NOC highlighting deepwater exploration as central to unlocking new acreage and broadening international participation. With 11 offshore blocks included in the current licensing round and results expected in February 2026, industry leaders stressed the role of high-quality seismic data, improved subsurface understanding and shorter development timelines in strengthening the investment case for offshore Libya.

PPP Models Frame Renewable Energy Growth

Renewables discussions centered on public-private partnerships as the preferred mechanism to scale Libya’s clean energy ambitions. With a target of 4 GW of renewable capacity by 2035, speakers pointed to flagship projects such as TotalEnergies’ 500 MW Sadada solar plant as anchors for future growth. Panelists emphasized the role of solar and wind in reducing fuel consumption for power generation, while cautioning that clearer legislation and consistent regulatory frameworks will be critical to sustaining investor interest.

NESR Positions for Expanded Role in Libya

Oilfield services provider National Energy Services Reunited said it is seeking to expand its footprint in Libya, supported by more than $100 million in recently secured service contracts across North Africa. The company highlighted its regional growth strategy, technology offering and commitment to local employment through 100% national crews in Libya.

Repsol Flags Exploration-Led Growth from 2026

Delivering a video address at LEES 2026, Repsol signaled a renewed focus on exploration in Libya from 2026, positioning the country’s licensing round as a catalyst for a new growth cycle. At the El Sharara field, Repsol is targeting production of 350,000 barrels per day by end-2026, following record output in 2025, while shifting attention toward new exploration opportunities after years of limited activity.

Exploration, Expansion and the Road Ahead

Across day two of LEES 2026, discussions consistently pointed to a widening and increasingly structured energy opportunity set in Libya. With gas megaproject timelines taking shape, digital technologies reshaping production potential, renewed offshore exploration interest and clearer drilling targets for 2026, the summit positioned Libya as a market defined by scale, long-term optionality and expanding avenues for international partnership across hydrocarbons, services and renewables.

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

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Gas Exporting Countries Forum (GECF) Leadership Roundtable Brings Gas Producer Coordination to Paris

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Etu Energias

As African gas producers navigate rising domestic demand, global LNG competition and a renewed push for investment, the GECF Leadership Roundtable at the Invest in African Energy 2027 Forum will examine how greater coordination can support project development, market access and long-term gas monetization

PARIS, France, November 3, 2026/APO Group/ –Africa’s gas industry is entering a period in which cooperation between producing countries could become increasingly important. Demand is rising, LNG markets are being reshaped by geopolitical disruptions and new supply, while major gas developments across the continent continue to compete for capital.

 




  

Against this backdrop, the GECF Leadership Roundtable at the Invest in African Energy (IAE) Forum 2027 in Paris will bring the perspectives of gas-producing countries into a discussion focused on the commercial and strategic priorities shaping the sector.

The session comes as Africa continues to expand its role in global LNG markets. The GECF forecasts LNG exports from the continent to reach about 110 billion cubic meters (bcm), or 80 million tons per annum (mtpa), by 2030, rising to 215 bcm, or 160 mtpa, by 2050. The outlook spans producers including Algeria, Angola, Egypt, Equatorial Guinea, Mozambique, Mauritania, Senegal and Nigeria, while GECF projections point to growing LNG trade with Asia and within African markets.

Recent developments have reinforced the strategic value of that supply base. Tanzania’s long-delayed $42 billion LNG project has gained renewed attention as disruptions to Middle Eastern gas supplies have increased the value of diversified LNG sources, while ExxonMobil is advancing preparations for Mozambique’s Rovuma LNG project after years of delay.

For African producers, however, expanding exports is only one part of the equation. Domestic gas demand is rising at the same time that governments are seeking to use gas to improve electricity supply, support industrial development and create new revenue streams. That creates a need to balance export projects with domestic offtake, pipeline infrastructure, gas processing and gas-to-power development.

Coordination between producing countries can help address some of these challenges. Sharing experience on fiscal frameworks, project development, infrastructure and market access can help governments compete for investment while strengthening the case for regional gas infrastructure and cross-border trade.

The global market is also becoming more competitive. Reuters reported this month that gas and LNG infrastructure investment is expanding across multiple regions, with Asia accounting for the largest share of planned LNG import capacity. At the same time, disruptions to Middle Eastern supply have reinforced concerns around security of supply and increased the strategic importance of alternative producers. That creates an opening for African gas producers, but converting that opportunity into projects will require capital, infrastructure and credible long-term markets.

The GECF Leadership Roundtable at IAE 2027, taking place in Paris from May 11-13, will provide a senior-level setting to examine those issues alongside the investors and project developers needed to advance them. The wider forum is designed to connect African energy markets with global capital, with a focus on projects spanning gas, LNG, infrastructure and power.

For African gas producers, the question is how effectively its resources can be developed, connected to markets and converted into reliable energy and industrial growth. The Paris roundtable will put producer coordination at the center of that investment conversation.

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

 

 




 

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Joint Statement: Afreximbank and African Petroleum Producers’ Organisation (APPO) formally establish Africa Energy Bank

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Afreximbank

The creation of the Africa Energy Bank reaffirms African governments’ determination to secure their own energy future

ABUJA, Nigeria, October 31, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the African Petroleum Producers’ Organisation (APPO) have formally announced the establishment of the Africa Energy Bank (AEB). The announcement was made during the AEB’s inaugural general meeting held in Abuja, Nigeria, on 31 October 2026.
 




 

The creation of the Africa Energy Bank reaffirms African governments’ determination to secure their own energy future. This move is in recognition that significant investments in energy generation and transmission was required to accelerating industrial growth and to leveraging the tremendous opportunities from the emerging technologies, particularly artificial intelligence (AI).

The Bank is being established at a time when the continent’s energy investment needs are estimated at US$200 billion. Traditional providers of short- and long-term financing to Africa’s energy sector are withdrawing funding from fossil fuels, even as oil and gas remain vital to the continent’s energy systems. The Africa Energy Bank aims to bridge this financing gap while supporting a just energy transition for African countries.

With an authorised capital of US$5 billion, the AEB will support projects across the energy value chain, including exploration and production, transportation, processing, refining, and distribution. These investments are intended to strengthen productive capacity, reduce reliance on imported petroleum products, and promote intra-African trade in energy goods. The Bank’s mandate also includes promoting robust African participation in the continent’s energy sector to ensure that Africa’s energy future is shaped by Africans.

The AEB will operate as an independent, supranational pan-African financial institution. It will seek to attract investments from governments, national oil companies, financial institutions, and private investors to support energy development across the continent.

Resolutions passed at the first general assembly included the appointment of the Bank’s inaugural President, Mr Helmy Ghazi, and the formation of its first Board of Directors, comprising members from the public and private sectors as well as leading policy institutions from across the continent.

Distributed by APO Group on behalf of Afreximbank.

 




 

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5 Investment Opportunities Putting Congo Energy & Investment Forum (CEIF) 2027 on the Map for Central Africa

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CEIF 2027 connects investors with Congo’s energy projects and local partners, while providing entry points for commercial opportunities across Central Africa

BRAZZAVILLE, Republic of the Congo, November 2, 2026/APO Group/ –The Republic of Congo’s expanding oil and gas developments are creating new opportunities for investment, engineering contracts and commercial partnerships across the energy value chain. With offshore discoveries, mature-field redevelopment and three million tons per year of LNG capacity, the country is entering a new phase of energy development that requires capital, technology and international partnerships.

 




 
 

The Congo Energy & Investment Forum (CEIF) 2027, taking place June 1-3 in Brazzaville, will serve as the official platform connecting Central African energy decision-makers, operators, investors and service companies. Organized by Energy Capital & Power in collaboration with the Ministry of Hydrocarbons, the forum will bring together public- and private-sector stakeholders to advance investment discussions, facilitate partnerships and connect companies with emerging opportunities across the region.

Connect With Central Africa’s Energy Decision-Makers

CEIF 2027 will provide a platform to engage directly with Congolese authorities, regulators, national energy companies and policymakers shaping the region’s energy investment landscape. Taking place in partnership with the Ministry of Hydrocarbons, the event offers a bridge between the country’s policymakers and public- and private-sector companies. Conversations with decision-makers can help investors understand national development priorities, gain insight into the regulatory environment and identify opportunities for market entry or expansion.

Capitalize on Congo’s Upstream Investment and Production Ambitions

As Congo targets production growth toward 500,000 barrels per day, operators are pursuing new exploration and mature-field redevelopment to increase output. TotalEnergies’ 2026 Moho G discovery could unlock an estimated 100 million barrels of recoverable resources alongside the existing Moho F development, illustrating the potential to connect new discoveries to established offshore infrastructure. Meanwhile, Perenco and Trident Energy are pursuing development and redevelopment opportunities across mature assets, including well reactivation and infrastructure upgrades.

These activities could create opportunities for drilling contractors, engineering firms and production technology providers. CEIF 2027 offers a platform to explore project requirements and investment opportunities across Congo’s upstream sector.

Unlock Opportunities Across LNG, Gas and Power Infrastructure

With LNG exports established and liquefaction capacity reaching three million tons per year in 2026, Congo is looking towards its next phase of gas development. This will depend on sustaining feedgas supplies, connecting additional resources and expanding infrastructure.

Beyond LNG, Congo’s plans to expand electricity generation and improve transmission and distribution infrastructure present opportunities for power developers, equipment suppliers and investors. These priorities create potential opportunities for upstream operators, engineering companies, technology providers and investors interested in gas processing, power generation and distribution. CEIF provides a platform to advance these priorities.

Showcase Solutions and Build Commercial Partnerships at the Exhibition

The CEIF 2027 exhibition will provide a platform for companies to showcase their technologies, equipment and services directly to energy operators, policymakers, investors and potential clients across Central Africa.

Exhibitors will have opportunities to demonstrate solutions, engage with local service providers and identify potential partnerships across drilling, engineering, infrastructure and energy technology. For companies seeking to enter or expand in the region, the exhibition offers a direct route to building commercial relationships, exploring procurement opportunities and positioning their services for upcoming projects.

Access New Projects and Financing Opportunities

Turning project opportunities into investments requires clarity on development priorities, infrastructure requirements and financing structures. CEIF’s discussions will give participants an opportunity to assess the projects shaping Congo’s energy sector and engage with potential commercial and institutional counterparts.

Investors, lenders and project developers can use these exchanges to identify areas where financing, technical expertise or new investment structures may help advance projects across oil and gas, power generation and downstream industries.

Organized by Energy Capital & Power in collaboration with the Ministry of Hydrocarbons, CEIF 2027 will enable candid dialogue, facilitating new investments and deals in the country’s energy sector. For more information, visit www.congoenergyinvestment.com.

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

 




 

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