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National Petroleum Authority Chief Executive to Drive African Energy Week (AEW) 2022 Dialogue Around Downstream Optimization

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National Petroleum Authority

Dr. Mustapha Abdul-Hamid, Chief Executive of the National Petroleum Authority of Ghana, will be discussing trends across the country’s downstream sector at AEW 2022

CAPE TOWN, South Africa, October 6, 2022/APO Group/ — 

The African Energy Chamber (AEC), the voice of the African energy sector, is proud to announce the attendance and participation of Dr. Mustapha Abdul-Hamid, Chief Executive at Ghana’s National Petroleum Authority (NPA), at the African Energy Week (AEW) (https://AECWeek.com/) conference and exhibition, which will take place from 18 – 21 October 2022, in Cape Town.

Representing one of Africa’s rapidly expanding hydrocarbon markets, Dr. Abdul-Hamid will lead a delegation from NPA at Africa’s premier event for the oil and gas industry, driving critical discussions around boosting investment across the downstream sector, strategies for improving energy security, making energy poverty history and driving socioeconomic development on the back of oil and gas.

Established with the aim of regulating the petroleum downstream industry in Ghana, the NPA governs commercial activities across the sector including the importation and refining of crude oil as well as the sale, marketing and distribution of refined petroleum products. Since its establishment in 2005, the NPA has prioritized efficiency and productivity regarding Ghana’s downstream sector, paving the way for increased investment as well as the participation of the private sector, resulting in the growth of the market into a $2 billion industry, which represents about 6% of the country’s GDP.

We are very impressed with Dr. Abdul-Hamid’s leadership at the NPA in facilitating a resilient downstream sector

Under the leadership of Dr. Abdul-Hamid, the NPA continues to optimize operations across the oil and gas downstream sector through supervising the acceleration of storage and transportation infrastructure whilst ensuring fair energy trading as the country seeks to become a regional energy hub. With energy poverty increasing across the African continent due to various issues including limited investment in the hydrocarbons sector, the COVID-19 pandemic and global geopolitical tensions, Ghana is one of the African countries at the forefront of maximizing the exploitation of hydrocarbons to address energy access, affordability and reliability constraints.

Ghana’s 0.8 trillion cubic feet (tcf) of gas reserves and 660 million barrels of oil reserves provide an opportunity for the country to address its energy problems and achieve its 2030 target of 100% universal access to electricity. While efforts to maximize the exploitation of local energy resources are underway, the NPA has managed to leverage Ghana’s strategic location, positioning the country as a reliable regional point for energy exportation whilst additionally taking advantage of petroleum imports to secure energy supply and drive economic growth.

At AEW 2022, Dr. Abdul-Hamid will promote investment opportunities across Ghana’s downstream sector, discussing the vital role Africa’s 600 tcf of gas reserves and 125.3 billion barrels of crude oil reserves will play in diversifying the energy mix, securing energy supply and lifting the over 600 million Africans out of energy poverty whilst driving industrialization and positioning the continent ahead of the energy transition.

With African countries optimizing gas production to drive these socioeconomic benefits, Ghana is leading the race, with the country implementing a series of market-driven policy reforms, driving massive oil and gas infrastructure projects. With the NPA overseeing these energy optimization projects including the development of gas processing, storage, transmission and distribution, at AEW 2022, Dr. Abdul-Hamid will provide an update on experiences and innovations from within Ghana that can be replicated continent-wide.

“The Chamber is honored to host Dr. Mustapha Abdul-Hamid at AEW 2022 as we expand on the discussion around how Africa can accelerate investment as well as the exploitation of oil and gas to enhance energy security. The strengthening of Africa’s downstream industry is key to ending energy poverty and for enhancing bilateral trade relations and boosting economic development in Africa,” Tomas C. Gerbasio, Strategy and Business Development Director at African Energy Chamber., adding that, “We are very impressed with Dr. Abdul-Hamid’s leadership at the NPA in facilitating a resilient downstream sector. This is what Africa needs to achieve energy independence and reliability.”

At AEW 2022, Dr. Abdul-Hamid will participate in high-level meetings and panel discussions to drive dialogue around boosting the oil and gas downstream industry for energy security whilst promoting investment opportunities within the Ghana’s hydrocarbons sector.

Distributed by APO Group on behalf of African Energy Week (AEW).

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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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