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Moyes & Co, ENVOI and FarmoutAngel Team Up with African Energy Week (AEW) 2023 to Launch African Farmout Forum

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African Farmout Forum

Featuring in-depth presentations, engaging Q&A sessions and private meetings, the African Farmout Forum will connect companies with oil blocks, permits and licenses, enabling both major and independent E&P firms to invest in Africa

JOHANNESBURG, South Africa, August 15, 2023/APO Group/ — 

The African Energy Chamber (AEC) (http://www.EnergyChamber.org) is proud to announce that financial services company Moyes & Co; global acquisition and divestment advisor Envoi; and oil and gas deal listing platform FarmoutAngel have teamed up with Africa’s biggest energy event African Energy Week (AEW) 2023 to launch the African Farmout Forum: a platform created to advancing deals across the continent’s upstream sector. The forum will take place during this year’s AEW conference – scheduled for October 16-20 in Cape Town – and will feature a slate of 7-minute pitches; a wall of farmouts; and an investor meet & greet. Taking place concurrently with an African Export-Import Bank-led deal room, the forum represents the official upstream deal-signing place for Africa.

The African Farmout Forum will introduce companies, investors and publicly-traded firms to oil blocks, licenses and/or permits through an interactive platform led by industry experts. Notably, Moyes & Co is a professional team with worldwide practical operational and technical experience in the natural resources industry. The firm provides transaction management; fair market and corporate asset valuations; new ventures and deal scoping; and many other services. Envoi, on the other hand, specializes in acquisition and divestment, portfolio advice and project marketing for the international upstream industry while FarmoutAngel offers a suite of data and analytics regarding oil and gas deals and asset valuations and considerations.

All three companies have played an instrumental role in facilitating Merger & Acquisition (M&A) activity in Africa, driving deal-making while marketing some of the continent’s most prolific hydrocarbon prospects. The African Farmout Forum – organized and delivered by the three companies – will build on this expertise to pave the way for International Oil Companies (IOC) to do deals in Africa at AEW 2023. Live presentations will be featured while collaborative Q&A sessions aim to expand the understanding of Africa’s oil and gas acreage. One-on-one meeting opportunities are also available. For small and independent companies seeking liquidity, and larger players looking for a balance of individual and institutional investment, the forum engages a suite of investors from across the globe. Interested in presenting your deal? Contact deliver@envoi.co.uk.

Emerging markets such as Sierra Leone, Uganda, Kenya and many others have either launched or are preparing to open licensing rounds in an effort to bolster exploration

In 2023, Africa’s upstream sector has already been a buzz of activity. In the first half of the year, the continent’s M&A transactions reached just short of $2 billion, with the total estimated recoverable resources equating to 320 million barrels of oil equivalent. Both major and emerging oil-producing nations in Africa are ramping up exploration efforts in a bid to increase production continent-wide. National objectives to achieve universal access to electricity all while stimulating industrialization and economic growth call for a sharp increase in upstream oil and gas investment. New discoveries such as those made in Namibia, Ivory Coast and Libya in recent years are poised to unlock fresh acreage while opportunities across marginal fields and accelerated IOC divestment trigger newfound M&A prospects for private players. On the back of attractive fiscal policy, many African countries are inviting both major and independent explorers to invest in these basins, and are turning to bid licensing rounds to incentivize exploration. The AEC’s Q1 2023 Outlook, The State of African Energy, states that by the end of this year, up to 18 exploration licensing rounds are expected to be awarded while several new rounds undergo preparations. The AEW 2023 African Farmout Forum will play an instrumental part in facilitating these rounds. 

In mature markets, new licensing rounds aim to maintain and even increase production levels. Natural declines in legacy fields threaten national output, and as demand continues to rise owing to population growth, urbanization and development, energy security will largely hinge on accelerated exploration. Representing part of the country’s six-year licensing round launched in 2019, Angola’s national concessionaire the National Oil, Gas and Biofuels Agency plans to open the next bid round in September 2023, with 12 onshore blocks on offer, including four in the Congo Basin and eight in the Kwanza Basin. Nigeria’s seven-block deep offshore mini-round and Equatorial Guinea’s EG Ronda 2023 are also underway while Ghana plans to open a new licensing round this year.

Meanwhile, burgeoning energy markets to the likes of Sierra Leone, Uganda, the Democratic Republic of Congo (DRC), Guinea-Bissau and Kenya are also focusing on licensing rounds, paving the way for new investment in untapped acreage. Earlier this year, the DRC launched a 30-block licensing round, comprising 27 oil blocks and three gas blocks. Currently, only the three gas blocks have been awarded. Sierra Leone’s sixth licensing round is underway and is set to close in September 2023 while Guinea-Bissau’s special deepwater tender round has five blocks open for bidding. In East Africa, Kenya and Uganda are preparing to launch licensing rounds, opening lucrative opportunities for frontier players.

“Eager to maintain production levels and open up new acreage in marginal fields, major producing nations such as Angola, Equatorial Guinea, Nigeria and more are inviting E&P players to invest and develop oil and gas blocks. At the same time, emerging markets such as Sierra Leone, Uganda, Kenya and many others have either launched or are preparing to open licensing rounds in an effort to bolster exploration in untapped basins. All of these present lucrative opportunities for both major and independent oil companies,” states NJ Ayuk, Executive Chairman of the AEC.

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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