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MSGBC Mauritania Roadshow: EPCM Launches Energy Service Zone Nouakchott Project

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The project launch was announced during a session focusing on opportunities within Mauritania held during Energy Capital & Power’s MSGBC Oil, Gas & Power 2023 ‘conference

NOUAKCHOTT, Mauritania, November 22, 2023/APO Group/ — 

Global engineering, procurement and construction firm EPCM announced the launch of the Energy Service Zone Nouakchott project during a Mauritanian country spotlight session at the MSGBC Oil, Gas & Power 2023 conference this week. The development project will aim to provide infrastructure to key players in Islamic Republic of Mauritania’s hydrocarbons sector while incentivizing foreign direct investment into the country.

The project was launched by Alexandra Gazendam, Director of EPCM, during a discussion on Focus on Mauritania: Road Show on Exploration & Opportunities, and followed EPCM announcing the presentation of the project concept to the Ministry of Petroleum, Mines and Energy seven months prior.

Gazendam explained that the “Ministry of Petroleum, Mines and Energy will act as the project owner,” and that, “In terms of timeline, the government intends to launch the procurement process in the beginning of 2024, and we are inviting all interested investors.”

“We’ve talked a lot about the enormous potential and exceptional qualities of Mauritania and the time is now to ensure we have basic infrastructure to enable the potential of this country,” stated Gazendam, adding, “We see this project as a catalyst for foreign direct investment and an opportunity to empower the local private sector.”

The session itself served as a bridge between government decision-makers, data-experts, and industry leaders, offering a platform for the speakers to exchange insights, share information, and outline the future of energy exploration and development in Mauritania. 

Exploration must continue as it is a very stable basin, and if there is a discovery, it will likely be significant

“We are in the context of the energy transition, and we are considering exploring the potential our basin offers to make Mauritania a preferred investment destination,” stated Moustapha Bechire, General Director of Hydrocarbons for the Islamic Republic of Mauritania’s Ministry of Petroleum, Mines and Energy, adding, “We have created our hydrocarbons code, established a formal local content code – effective from next year – and are also revising the investment code. We continue the policy by promoting data and promoting hubs, especially in Nouakchott, in an area dedicated to energy.”

With proven gas reserves of 80 trillion cubic feet (tcf) and an estimated output of 10 million tons of Liquefied Natural Gas per year, development of the BirAllah Conventional Gas Field, offshore Mauritania, is poised to transform the West African country’s energy landscape. Meanwhile, straddling the maritime border between Senegal and Mauritania, Greater Tortue Ahmeyim (GTA) – set to start commercial production in 2024– is estimated to contain up to 30 tcf of recoverable gas resources, establishing the basin as a world-class gas province.

“Geology holds no concept of geographical borders,” stated Elisabeth Gillbard, Geologist for energy data and analytics company, TGS. “We know we’ve got an amazing source system across the whole north part of the MSGBC. Offshore Mauritania alone, there have been 11 major discoveries and almost every well has oil or gas shows within them. It’s a very active source system.”

During the panel session, Chems Dine Sow Deina, Exploration Manager of Mauritania’s National Oil Company, the Société Mauritanienne des Hydrocarbures (SMH), spoke on the importance of exploration in Mauritania’s offshore basin, highlighting the region’s petroleum systems and geological gas plays. “Exploration must continue as it is a very stable basin, and if there is a discovery, it will likely be significant,” Deina stated, highlighting the GTA, BirAllah, and Banda fields as some of the country’s major discoveries in recent years.

In addition to the massive GTA and BirAllah projects, gas developments in the Banda and Pelican prospects – both of which comprise 1.2 tcf of gas reserves – pave the way for heightened power generation opportunities, with specific focus placed on electrification in the projects’ development plans. As such, the potential of smaller gas fields in Mauritania’s offshore were highlighted as an exceptional opportunity for the development of a West African energy hub.

“There will be a shortfall in the electricity production in the coming years, so the intent here is to have these small fields developed for small gas-to-power schemes,” stated Elhanefy Eybih, Operations and Exploitation Manager at SMH, adding, “The intention also is to have the ability to develop other opportunities such as chemicals, small scale LNG, or competitive natural gas.”

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

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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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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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