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Namibia’s Frontier Market Shines at Invest in African Energy 2023 Reception

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Orange Basin

The Southern African country showcased investment opportunities in its Kudu gas field, exploring the highly prospective Orange Basin and developing cost-competitive green hydrogen

LONDON, United Kingdom, January 27, 2023/APO Group/ — 

Representing one of Africa’s final exploration frontiers, Namibia offered a comprehensive overview of its upstream exploration and green hydrogen production opportunities at the Invest in African Energy reception on Thursday, hosted by the African Energy Chamber (https://EnergyChamber.org/) in London. The emerging producer is uniquely implementing an integrated hydrocarbon strategy that seeks to achieve first oil, while prioritizing the global energy transition and a diversified energy matrix, with two sister discoveries in 2022 positioning the country at the forefront of Africa’s upstream revival.  

“The beauty of Namibia [is that it] will give you the opportunity of a lifetime,” opened Maggy Shino, Petroleum Commissioner of Namibia’s Ministry of Mines and Energy, during her presentation, delivered under the theme, Namibia: Beyond Venus and Graff.

Last February, both Shell and TotalEnergies and their joint venture partners led commercial discoveries of light oil in the Graff-1 well and Venus-1X wildcat well, respectively, with combined volumes of 835 million barrels – with even more scope of increasing volumes to one billion barrels due to Venus’ prospectivity. Now, the Namibian Government is inviting new entrants to accelerate exploration of its Orange Basin – home to a proven working petroleum system with five wells committed to date – offering an open licensing regime and availability of high-quality data. 

One of the country’s most prolific assets is the Kudu Conventional Gas Field, operated by BW Kudu and currently in its feed stage, with commercial production set to start in 2024. Comprising nearly 600 billion cubic feet of natural gas reserves, the development is expected to reach a peak production of 64 million cubic feet per day. Exemplifying Namibia’s integrated energy strategy, the project not only leverages existing infrastructure and targets regional energy security, but also supports energy transition solutions and provides for baseload power enabling renewable energy IPPs.

We’ve put together a blended financing infrastructure platform – possibly the first of its kind in Africa

“Kudu is the only field able to give you the solutions that you need. The product is ready,” stated Shino, speaking to investors. “It will give you a clean energy solution amid the energy transition.”

Meanwhile, Namibia is expected to become a leading player and regional hydrogen ecosystem, with competitive production costs – estimated as low as two dollars per kilogram – that make it an attractive partner for energy-hungry countries in the midst of the energy transition. As a result of hydrogen production, Namibia could boost its GDP by $15-20 billion per year, create over 100,000 domestic jobs, export 14 GW of clean power to the Southern African Power Pool and reduce GHG emissions by 45-60 million tons of carbon dioxide equivalent per year by 2040. Home to co-located onshore solar and wind power potential, as well as abundant platinum group metals, Namibia aims to utilize hydrogen as a building block for associated downstream industries and by-products, including ammonia, methane and jet-fuel.

“Hydrogen creates an opportunity for Africa like no other,” said James Mnyupe, Presidential Economic Advisor of Namibia, noting that hydrogen production represents a “$100-billion opportunity for Africa in the next decade.”

In terms of incentivizing investors, Mnyupe noted: “We’ve tried to make it simple for all interested investors. We’ve put together a blended financing infrastructure platform – possibly the first of its kind in Africa. We are going to build a one-billion-dollar fund that will be investing in all pieces of hydrogen infrastructure – pipelines, transmission lines, and so forth.”

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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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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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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