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Mozambique’s Mineral and Energy Minister Joins African Energy Week (AEW) 2025 as Major LNG Projects Advance

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Projects

The country is well positioned to become a globally leading LNG supplier, with major projects set to resume development in the coming months

Mozambique’s Minister of Minerals and Energy Estevão Pale will speak at this year’s African Energy Week (AEW): Invest in African Energies conference, sharing insight into projects underway in LNG, exploration and infrastructure development. During the event – which is scheduled for September 29 to October 3 in Cape Town – Minister Pale will lead the Invest in Mozambique Energies session, connecting with investors as the country strives to augment its position as a global gas supplier.

 

With over 150 trillion cubic feet (tcf) of proven natural gas reserves, Mozambique has quickly gained prominence as an attractive LNG investment destination. The country’s Rovuma basin is not only rich in untapped resources but is poised to become a hub for LNG production in southern Africa, following the completion of several major offshore projects. The Eni-led Coral Sul FLNG project – situated in Area 4 of the Rovuma basin – is already producing, and in 2024, celebrated 5 million tons per annum (mtpa) produced since the startup in 2022. During AEW: Invest in African Energies, Minister Pale is set to take the stage to outline the country’s investment prospects, while providing key updates on ongoing projects.

Mozambique’s four major LNG projects stand to transform – not only the country’s – but the entire region’s energy landscape

AEW: Invest in African Energies 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. 

Beyond Coral Sul, Mozambique is advancing several other offshore gas projects. In April 2025, Eni received the greenlight for its second FLNG project in Mozambique – the Coral North FLNG facility. Also situated in Area 4, the project will complement the operational Coral Sul FLNG facility to harness resources from the Coral Eocene 441 deposit. With a production capacity of 3.5 mtpa, the facility targets a final investment decision for 2026, with first production slated for 2028. The Coral North project will liquefy gas for export. Earlier this year, Abu Dhabi National Oil Company acquired Galp’s 10% stake in the Area 4 concession, signaling strong international commitment to realizing the project.

Also, in Area 4 of the Rovuma basin, ExxonMobil is leading the development of the Rovuma LNG project. Developed in partnership with Eni, the project is expected to produce 18 mtpa of LNG and plans to reach a final investment decision by 2026. First production is on the cards for 2030, with the project set to provide a significant boost to Mozambique’s liquefaction capacity. Meanwhile, despite delays due to above-ground risks, energy major TotalEnergies is working towards resuming development activities at the Mozambique LNG project. A $20 billion project, Mozambique LNG will feature two liquefaction units with a capacity of 13 mtpa. The project is situated in Area 1 of the Rovuma basin and is supported by $14.9 billion in senior debt financing. In March 2025, a $4.7 billion loan by the U.S. Export-Import Bank was reapproved, showcasing global support for the project. Area 4 of the Rovuma basin is projected to contain up to 85 tcf of resources alone, while Area 1 is estimated to contain up to 65 tcf of resources.

Beyond natural gas, Mozambique is advancing projects in renewable energy, building on its reputation as a major hydropower producer to attract new investment across the market. The country has committed to enhancing renewable energy capacity, with solar and wind expected to account for 20% of the country’s energy mix by 2040. In tandem, the country is also developing a 450 MW gas-to-power plant in Temane. The facility will leverage domestic resources to improve access to low-cost power across the country. As the country advances these projects, the Invest in Mozambique Energies spotlight during AEW: Invest in African Energies will serve as a launchpad for new investments and collaborations. Minister Pale’s perspectives will provide investors with first-hand insights into the state of play of Mozambique’s energy landscape, thereby supporting deals and future partnerships.

“Mozambique’s four major LNG projects stand to transform – not only the country’s – but the entire region’s energy landscape by introducing a clean, affordable and accessible fuel solution. With one project already in production and international operators rapidly advancing the development of the remaining three projects, the country is on track to unlock significant benefits from its offshore gas resources. Getting these projects online will be critical for Southern African energy security,” states NJ Ayuk, Executive Chairman, African Energy Week.

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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