Connect with us

Business

MSGBC Conference to Foster Regional Power Connections

Published

on

energy poverty

An expert-led power sector panel during the MSGBC conference, which is organized by Energy Capital & Power, will discuss regional collaboration, strategies to pool shared resources and increasing private sector investments in regional power infrastructure

NOUAKCHOTT, Mauritania, November 17, 2023/APO Group/ — 

Access to reliable and affordable energy is a prerequisite for inclusive and resilient development across the globe.

In West Africa, where many regions still grapple with energy poverty, the quest for widespread access to electricity remains a challenge, and the MSGBC Oil, Gas & Power 2023 conference (https://apo-opa.co/46jitgb) – set to take place in Nouakchott, Mauritania on November 21-22 – will focus on addressing this issue, with a panel discussion taking place under the theme, ‘Bridging the Divide: Collaboration to Power the Region.’

The expert-led panel discussion will explore how regional collaboration, rural electrification, and strategic planning can bolster access to electricity across the region. Ahead of the panel discussion, a presentation by Rita Madeira, Africa Program Officer at the International Energy Agency (IEA), will lay the foundation for dialogue. Madeira will provide insights into the energy access challenges in West Africa and how untapped hydrocarbon and renewable energy resources can be leveraged to kickstart regional power development.

The panel discussion will focus on advancing mini-grids and off-grid solutions, promoting renewable energy in the MSGBC region

Thereafter, the panel of experts will delve into the current energy needs of the region, how untapped resources stand to rapidly increase power generation opportunities, and where foreign investment and global partnerships play a role. Regional state-owned utilities are participating, with speakers including Cheikh Abdellahi Bedda, General Director at Mauritania’s SOMELEC; Nani Juwara, Managing Director of The Gambia’s NAWEC; and Papa Mademba, Director General of Senegal’s Senelec. Additionally, government representatives including Amadou Khan, Special Advisor: Gas-to-Power at Mauritania’s Ministry of Petroleum, Mines, and Energy and Papus Kane, Former Special Advisor to the Minister of Petroleum, Mines, and Energy of Mauritania are speaking. Alex Douglas, Managing Director & Head of Western Africa at Globeleq and the IEA’s Madeira complete the panel.

In West Africa, the rapid growth in electricity demand necessitates urgent and sustainable solutions, and gas-fired power generation has emerged as a highly strategic investment opportunity in the MSGBC region. During the discussion, experts will delve into how harnessing natural gas as an energy source can substantially enhance West Africa’s electricity production capabilities. With the arrival of first gas from the Greater Tortue Ahemyim project in 2024 and promising prospects such as BirAllah in Mauritania and Yakaar-Teranga in Senegal, gas will play a pivotal role in shaping the region’s future. Gas-to-power projects are already taking shape, with the 360 MW Sandiara plant set to commence construction in 2024. These projects present a practical solution to enhance power availability and meet the region’s growing population demands.

In addition to gas, renewable energy stands to accelerate electrification, particularly in rural and off-grid communities. The region boasts significant solar energy potential, with solar irradiance varying from around 4 kWh/kWp in southern West Africa to over 5.5 kWh/kWp in the Sahara and Sahel zone. The ultimate objective of almost every MSGBC nation is to attain universal electricity access by 2030, ensuring that even the most underserved communities have access to dependable and cost-effective power. As such, the panel discussion will focus on advancing mini-grids and off-grid solutions, promoting renewable energy in the MSGBC region.

Meanwhile, the participation of the private sector in the development of energy infrastructure in the region is essential. Integrating foreign capital with technical expertise, private players serve as a catalyst for regional power development. Progress is already underway on this front, with examples such as the Sandiara-Malicounda interconnection in Senegal. Carried out in partnership with the Senegalese government and infrastructure company LFR Energy, this investment forms a fundamental pillar of sustainable progress and development in the country.

Finally, regional cooperation will be a focal point of the discussion. In the power sector, cooperation has served as instrumental for advancing access to electricity, with initiatives such as the West African Power Pool (WAPP) streamlining cross-border trade and distribution. Connecting 15 West African countries, the WAPP has been integral for monetizing regional resources and promoting economic growth. With the introduction of new resources to the market, the WAPP is poised to play an even greater role in the region’s power future, and speakers will discuss investment opportunities, priority areas and challenges to development.

Under the patronage of the President of the Republic of Mauritania Mohamed Ould Cheikh El Ghazouani and in partnership with the Ministry of Petroleum, Energy, and Mines; the Mauritanian Oil and Mining Company; Petrosen; COS-Petrogaz; and the African Energy Chamber, the third edition of the conference will take place from November 21 to 22 in Nouakchott. Visit https://MSGBCOilGasAndPower.com/ to register for the event.

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

Business

Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

Published

on

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.

 

Continue Reading

Business

Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

Published

on

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.

Continue Reading

Business

Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

Published

on

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.

Continue Reading

Trending

Exit mobile version