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Major Operators Double Down on Angolan Exploration & Production at Angola Oil & Gas (AOG) 2025

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Angola

Speaking in a panel discussion at Angola Oil & Gas 2025, leading operators affirmed their commitment to Angola’s oil and gas future

LUANDA, Angola, September 8, 2025/APO Group/ –Leading operators active in Angola reaffirmed their commitment to driving Angola’s next phase of exploration and production during an ENSA-sponsored panel discussion at the Angola Oil & Gas 2025 Conference and Exhibition last week. Representatives from ExxonMobil, TotalEnergies, Chevron, Sonangol and Cabship highlighted how the last 50 years of industry success has laid the foundation for Angola’s next phase of growth.

With a proven track record in delivering major offshore projects in Angola, ExxonMobil continues to invest heavily in exploration projects in the country. The company has made forays into frontier basins such as Namibe and is also reinvesting in producing assets with a view to maximize resources.

“ExxonMobil has produced more than 2.5 billion barrels and developed a capable workforce of over 200 people. After 30 plus years, we are still committed to many more years in Angola. ExxonMobil signed a license extension for Block 15 in 2025. These extensions enable further exploration. We also invested in Namibe last year, which is still an evaluation in progress,” stated Katrina Fisher, Country Manager, ExxonMobil Angola

With a rich history in Angola, TotalEnergies also reaffirmed its commitment investing in Angola’s oil future. The company enhanced its production capacity in Angola in 2025, with two major projects adding 60,000 bpd to the market. Looking ahead, the company will continue to bolster production, leveraging its history to deliver new projects.

Angola has not only progressed in developing and producing offshore projects but made the [global] oil and gas industry progress

“Angola has not only progressed in developing and producing offshore projects but made the [global] oil and gas industry progress. TotalEnergies has accompanied the country through this move with a pioneering spirit. I am sure that this will continue,” stated Martin Deffontaines, Country Manager, TotalEnergies E&P Angola.

Meanwhile, Sonangol continues to advance onshore and offshore developments, seeking to support national production goals while consolidating its position as an upstream driver.

Edson Pongolola, Director of Planning & Management Control, Sonangol, stated that “As a company, Sonangol – built by the government – has a mission to drive the goals of Angola. Sonangol has been growing and is exposing itself to various sectors across the country. Using Sonangol as a vehicle for the growth of other sectors in Angola, the government has been promoting economic development.”

For Chevron, a strategic focus for the company’s future investments in Angola is natural gas. The company has been at the forefront of Angola’s natural gas development strategy, with offshore projects providing vital feedstock for the country’s Angola LNG project.

According to Frank Cassulo, Managing Director, Southern Africa Strategic Business Unit, Chevron, “We continue to think of a future where gas can help us transition and grow the economy. Angola LNG is almost at maximum capacity and we continue to look at opportunities to deliver that gas reliably.”

Celebrating 16 years of operations in 2025, Cabship continues to strengthen Angola’s logistics sector with a view to support upstream and downstream projects. The company has expanded its infrastructure portfolio in recent years, secured contracts with major operators and is working to introduce an offshore diving and offshore support company in the Cabinda Special Economic Zone.

João Filipe, Chairman & CEO of Cabship, highlighted the company’s capacity as a strong local partner for operators. He said: “We manage oil and gas units in Malongo. From this base, we expanded in Soyo and we also came to Luanda where we do work for SONILS and Azule Energy. Last week, we signed a new contract with Angola LNG. We have been trying to give value to the logistics ecosystem. We want to build strong relationships.”

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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Etu Energias

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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Energy

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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