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Libya Energy Summit Launches Upstream Hub to Drive Production Growth

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Etu Energias

LEES 2027 will feature a dedicated Upstream Hub, bringing industry leaders together to advance Libya’s licensing, exploration, digital innovation, production growth and gas development agenda

TRIPOLI, Libya, July 22, 2026/APO Group/ –Libya is placing upstream investment at the core of its energy strategy, with a dedicated Upstream Hub set to convene during the upcoming Libya Energy & Economic Summit (LEES) 2027 in Tripoli from January 23–25. The day-long strategic platform will bring together the Ministry of Oil and Gas, the National Oil Corporation (NOC), international oil companies, service providers and investors to accelerate exploration, production growth and technology deployment across Libya’s hydrocarbon sector.

The Upstream Hub comes as Libya transitions from a successful licensing phase into an execution-driven growth cycle. Following the country’s first upstream licensing round in 17 years, the Ministry of Oil and Gas and NOC are now focused on converting newly awarded exploration acreage into production, while preparing a second licensing round expected in late 2026 or early 2027.

The 2025/2026 licensing round offered 22 exploration blocks across Libya’s most prospective onshore and offshore basins. Five blocks were awarded to international operators, with production sharing agreements signed in June 2026, while the remaining acreage is expected to return to market under revised fiscal terms through the new Exploration and Production Sharing Agreement (EPSA-V) framework.

Reflecting these developments, the Upstream Hub will open with “Licensing in Focus: 2027 Bid Round Expectations and Exploration Updates,” examining EPSA-V revisions, anticipated commercial reforms and exploration priorities as Libya seeks stronger participation in the relaunch of unawarded acreage.

The “Exploration Mandate: Onshore, Offshore and Frontier Basins” session will assess opportunities across the Sirte, Murzuq and Ghadames basins, as well as offshore prospects in the Pelagian Basin and frontier deepwater acreage. Discussions will support Libya’s objective of increasing crude production from approximately 1.4 million bpd to 1.6 million bpd in the near term, with a longer-term target of 2 million bpd.

Digital transformation will also feature prominently through the “AI, Digital Oilfields and Smart Production Technologies” session, showcasing advancements such as Sirte Oil Company’s AI-assisted drilling campaign using SLB technology, alongside smart field systems, real-time monitoring, cloud analytics and automated digital measurement solutions being deployed across Libya’s upstream operations.

As Libya targets the drilling of 70 to 100 new exploration and appraisal wells annually, the “Fast-Tracking Brownfield Redevelopment and Unconventional Plays” session will examine enhanced oil recovery, mature asset optimization and unconventional resource development. Ongoing work by established international operators and service firms including major global energy players highlights the role of redevelopment, infrastructure upgrades and shale resource evaluation in accelerating production growth.

Building domestic capability remains central to the Ministry’s strategy. The “Building the Service Ecosystem for Libya’s Production Growth” session will explore local content development, workforce training, technology transfer and partnerships between international operators and Libyan service companies to strengthen long-term industry capacity.

Completing the agenda, the “Gas as a Growth Engine” session will examine offshore gas development, domestic supply expansion and export potential, while the “Decarbonizing Libya’s Upstream Sector” session will focus on emissions reduction, digital efficiency, methane management and lower-carbon production practices.

Together, the Upstream Hub positions LEES 2027 as a leading platform for shaping Libya’s next phase of upstream investment, technological modernization and sustainable production growth.

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

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Cregis Expands into Africa, Bringing Enterprise Digital Asset Infrastructure to One of Crypto’s Fastest-Growing Regions

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Cregis is bringing proven enterprise digital asset infrastructure to Africa at a time when the region is entering a more mature stage of digital asset development

HONG KONG, China, July 22, 2026/APO Group/ –Cregis (www.Cregis.com), an enterprise digital asset infrastructure platform, today announced its expansion into Africa, marking the company’s latest step in its global growth strategy. The move builds on Cregis’ expansion across Asia-Pacific, the Middle East and Latin America, as demand for enterprise digital asset infrastructure continues to grow worldwide.

 

Africa is one of the fastest-growing digital asset markets globally. According to Chainalysis, Sub-Saharan Africa received more than $205 billion in on-chain value between July 2024 and June 2025, up 52% year over year. Growth has been fueled by stablecoin payments, cross-border transactions and broader adoption of digital financial services. At the same time, regulatory frameworks are becoming clearer across several major markets, creating a stronger foundation for enterprise adoption.

For Cregis, those trends signal that the market is entering a new stage.

“We’ve seen this pattern before,” said Shawn Yan, Founder and CEO of Cregis. “Adoption comes first. As businesses grow, the focus shifts to operating digital assets securely, efficiently and in a way that can keep pace with evolving regulatory expectations. That’s where enterprise infrastructure becomes essential, and it’s the same transition we’re beginning to see across Africa.”

Cregis has already onboarded enterprise customers in the region and is expanding its local business development efforts across the continent, with particular attention to markets such as Nigeria, Kenya and South Africa, where digital asset ecosystems are among the most developed. The company is working with businesses including stablecoin payment providers, OTC desks, crypto exchanges and digital banks as demand for enterprise infrastructure continues to grow.

We’ve spent years helping businesses navigate periods of rapid market growth and regulatory change

To support those businesses, Cregis provides an integrated platform that helps enterprises manage the full lifecycle of digital assets, from wallet operations and fund flows to custody, governance and compliance. Its product portfolio includes Wallet-as-a-Service (WaaS) (https://apo-opa.co/4bC3Z0i), Payment Engine, (https://apo-opa.co/4warJRs) TronGas, and Crypto Off-Ramp, allowing businesses to scale digital asset operations without piecing together multiple infrastructure providers.

The expansion builds on nearly a decade of experience supporting enterprise customers across high-growth markets. In Asia-Pacific, Cregis worked with thousands of businesses in markets where digital asset adoption often outpaced regulation. That experience shaped the company’s approach to building infrastructure that balances operational flexibility with long-term compliance readiness.

The same strategy has since been validated in newer markets. In 2024, Cregis established Dubai as its Middle East hub, building a local team and expanding its compliance capabilities alongside regional growth. Today, the company supports more than 200 long-term enterprise deployments across the region and has built a strong presence in the brokerage, payments and fintech ecosystem. Earlier this year, Cregis expanded into Latin America and Europe, rapidly onboarding enterprise customers. In Europe, the company is also working with traditional financial institutions adopting digital asset infrastructure. Together, these experiences have given Cregis a proven framework for scaling across high-growth markets where enterprise demand and regulation are evolving together.

As more businesses adopt digital assets, infrastructure requirements are changing. Beyond secure wallet technology, enterprises increasingly need systems that bring together treasury operations, governance and compliance in one place. Cregis is designed to support businesses at different stages of growth, from fast-growing fintechs and crypto-native companies to institutions operating under stricter regulatory requirements, all on a unified platform. The company maintains a zero-security-incident record and holds internationally recognized certifications including SOC 2 Type I, SOC 2 Type II and ISO 27001.
Looking ahead, Cregis plans to deepen its presence across Africa through customer engagement, local partnerships and participation in leading industry events, including Blockchain Africa Conference and Blockfest Africa. The company sees Africa as an important long-term market as digital assets become more deeply integrated into financial services across the region.

“We’ve spent years helping businesses navigate periods of rapid market growth and regulatory change,” Yan said. “Africa is entering a similar phase. Our goal isn’t simply to bring technology into the region — it’s to help local businesses build digital asset operations that can grow with confidence over the next decade.”

Distributed by APO Group on behalf of Cregis Technology Limited.

 

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Viridien Brings Global Seismic Intelligence to Angola Oil & Gas (AOG) 2026 as Bronze Sponsor

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Viridien is expanding advanced seismic coverage to support exploration decisions across Angola’s mature and frontier basins

LUANDA, Angola, July 22, 2026/APO Group/ –Global technology and data company Viridien is strengthening its presence in Angola through advanced seismic imaging, reprocessing and multi-client data programs designed to support the country’s next phase of exploration. The company has joined the Angola Oil & Gas (AOG) 2026 Conference and Exhibition, taking place September 9-10 with a pre-conference day on September 8, as a Bronze Sponsor, highlighting the growing role of subsurface intelligence as operators evaluate new acreage and pursue higher-confidence drilling targets.

Angola is accelerating exploration across offshore and onshore basins to replenish reserves and sustain crude production above one million barrels per day. This strategy is driving demand for higher-resolution seismic data that can help companies better understand complex geological structures, reduce uncertainty and identify prospective opportunities before committing capital to drilling.

Viridien maintains extensive 3D broadband seismic coverage across the Lower Congo and Kwanza basins, two of Angola’s most established offshore exploration regions. Its datasets support prospect generation and acreage evaluation across producing areas, as well as emerging deepwater and pre-salt plays.

A key component of Viridien’s Angolan portfolio is a regional 3D pre-stack depth migration dataset covering more than 7,200 km². The dataset delivers enhanced imaging of pre-salt and post-salt structures, where complex geology can make conventional interpretation challenging. These insights enable operators to refine geological models, prioritize prospects and better assess exploration opportunities.

Viridien expanded its portfolio in 2025 with the launch of a seismic reimaging program covering Block 22. The approximately 4,300 km² dataset is designed to support evaluation of underexplored structures along the Atlantic Hinge zone ahead of Angola’s upcoming licensing round. Final results are expected in the second half of 2026, providing prospective investors with updated subsurface insights as they assess potential participation in the block.

The program comes as Angola works to attract new entrants and encourage existing operators to increase exploration activity. Major developments in the Kwanza Basin, renewed interest in Namibe and Benguela, and upcoming licensing opportunities are expanding the range of acreage under evaluation. At the same time, operators are revisiting mature areas where improved seismic processing can reveal overlooked prospects close to existing infrastructure.

Viridien’s Bronze Sponsorship of AOG 2026 will connect the company with operators, regulators and investors assessing Angola’s next generation of exploration opportunities. By enabling more informed acreage evaluation and prospect selection, Viridien’s seismic technologies can help reduce exploration uncertainty and support the development of future drilling campaigns.

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

 

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Local Content Leaders to Drive Workforce Development Agenda at African Energy Week (AEW) 2026

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Senior executives from Petrofund, the NCDMB and IFP Training are expected to examine how African can build the skilled workforce needed to support the continent’s next phase of energy development

CAPE TOWN, South Africa, July 22, 2026/APO Group/ –As Africa enters a new energy investment cycle, building a skilled local workforce has become just as important as attracting capital. The African Energy Week (AEW) Conference and Exhibition, taking place on October 12-16 in Cape Town, positions this topic at the center of its program agenda, with leading voices in skills development, workforce training and local content policy speaking.

 

The speaker lineup includes Nillian Mulemi, CEO, Petrofund, Felix Omatsola Ogbe, Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB) and Loïc du Rusquec, Executive Board Member and Board Director, IFP Training. Together, they bring decades of experience developing national talent pipelines, strengthening institutional capacity and ensuring local professionals are equipped to support increasingly complex energy projects across the continent.

Africa’s energy future will not be determined solely by the projects we develop, but by the people we equip to lead them

Established in 1993, Petrofund advances human capital development through scholarships, institutional support and strategic partnerships that strengthen science, engineering and technical education. The organization operates under a mandate to build the skilled workforce needed to support Namibia’s emerging upstream petroleum industry. With TotalEnergies pursuing Venus FID in 2026 and the race for first oil production by 2030 on, Petrofund aims to position Namibia’s youth at the forefront of the country’s next development chapter. Mulemi is expected to share insight into this strategy during AEW 2026.

Representing Nigeria, Ogbe joins the conference at a time when the country is striving to reach two million barrels per day in oil production, driven by a renewed wave of billion-dollar investments. The NCDMB positions Nigerian companies and entrepreneurs at the center of this investment drive by promoting the development and utilization of in-country capacities for the industrialization of the country. Recent milestones reflect this vision, including the launch of a Cradle-to-Career academic excellence program, new oil and gas training certification and a human capital development program introduced alongside TotalEnergies and Geoplex.

Meanwhile, as a leader in professional training and skills development for the energy, mobility and environment sectors, IFP Training delivers specialized programs covering exploration, production, refining, energy transition technologies and operational excellence, helping companies and governments strengthen workforce capabilities across traditional and emerging energy sectors. Through its partnerships with operators and national institutions worldwide, IFP Training continues to support the development of highly skilled technical professionals capable of meeting the evolving demands of the global energy industry. Du Rusquec joins AEW 2026 to discuss the impact of these programs on Africa’s energy sector.

“Africa’s energy future will not be determined solely by the projects we develop, but by the people we equip to lead them. Building local technical expertise, strengthening national institutions and creating opportunities for African professionals are essential to ensuring the continent captures the full value of its natural resources,” says NJ Ayuk, Executive Chairman of the African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber.

 

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