Connect with us
Anglostratits

Business

Nigeria’s Oando PLC Joins African Energy Week (AEW) 2023 as Platinum Sponsor and Clean Energy Partner

Published

on

African Energy Chamber

Africa’s leading multinational energy company Oando PLC will participate at this year’s African Energy Week conference as a Platinum sponsor and clean energy partner

JOHANNESBURG, South Africa, July 20, 2023/APO Group/ — 

The African Energy Chamber (AEC) (www.EnergyChamber.org) is pleased to announce that Nigerian multinational energy company Oando PLC has joined the African Energy Week (AEW) 2023 conference and exhibition – taking place on 16 – 20 October 2023 in Cape Town – as a Platinum Sponsor and Clean Energy Partner. Representing a leading African independent, Oando’s sponsorship and partnership speaks to the calibre of the event as the biggest energy conference taking place on the continent.

As a well-established energy company with an impressive portfolio of assets in the oil and gas sector, Oando is responsible for driving a diverse range of assets include exploration, development and production for both onshore and offshore activities situated in Nigeria and the Exclusive Economic Zone of São Tomé and Príncipe. Through its subsidiary, Oando Energy Resources, the company’s focus is on upstream operations. At its core, the company’s strategy is to continually grow its reserves through the development of the company’s existing portfolio as well as through the acquisition of new assets.

Oando has stepped in as a strong partner for African countries, taking over high potential onshore assets with the aim of gradually growing reserves. What makes Oando stand out is its partnerships with both local energy firms and IOCs, which has enabled the company to hold interests in 16 licenses for the exploration, development and production of oil and gas assets in Nigeria. With these partnerships and a focus on sustainable growth, Oando is well-positioned to harness the full potential of Africa’s energy resources and create long-term value for the company’s stakeholders.

Oando boasts a comprehensive portfolio of producing, development, and exploration assets in the oil and gas industry, positioning the company for substantial growth and success. Currently, its producing assets encompass Oil Mining Licenses (OML) such as Qua Iboe (OML 13), Ebendo Field (OML 56), OML 60, OML 61, OML 62 and OML 63.

Moreover, the company has a promising pipeline of development assets, slated for production in the near future. These include OML 90 and OML 122, which hold tremendous potential for bolstering Oando’s operational capacity.

Furthermore, in the realm of exploration, Oando holds interests in several strategic assets. These include OMLs 321 and 323, as well as Blocks 5 and 12, OML 131 and OML 145. The presence of such exploration assets offers promising avenues for expanding the company’s reach and discovering new reserves.

With a strong commitment to driving successful project developments in Africa, Oando brings a wealth of experience to AEW

With this diverse and robust array of assets, Oando has established a firm foundation for its business operations, ensuring a strong and sustainable presence in the dynamic and ever-evolving oil and gas sector.

Given the fact that over 600 million people across Africa lack access to electricity and 900 million lack access to clean cooking solutions, the company’s activities in oil and gas exploration, production and development play a significant role in meeting the region’s energy demands. By doing so, the company is also contributing to the continent’s objective of eradicating energy poverty by 2030.

Meanwhile, through Oando Clean Energy (OCEL), a subsidiary of Oando Energy Resources within the Oando group, the company invests in sustainable and viable energy solutions, utilizing green and renewable sources to meet the continent’s energy needs. In 2022, OCEL took a proactive step in contributing to the reduction of greenhouse gas emissions while promoting economic growth by entering into a Memorandum of Understanding (MoU) with the Lagos Metropolitan Area Transport Authority. The MoU outlines a collaborative effort between the two entities to design, implement, regulate and manage a sustainable and integrated public transportation system. This system aims to utilize renewable energy sources while promoting economic growth.

“Oando PLC is a renowned leader in sustainability and clean energy efforts. With a strong commitment to driving successful project developments in Africa, Oando brings a wealth of experience to AEW,” states NJ Ayuk, the Executive Chairman of the AEC.

The participation of African energy companies holds immense significance in shaping the energy landscape of the continent, and Oando stands at the forefront, showcasing its unwavering dedication to making substantial advancements towards an energy-secure Africa.

“By prioritizing sustainability and clean energy initiatives, Oando sets an inspiring example for the entire industry, laying the groundwork for a more environmentally conscious and prosperous future. We eagerly anticipate the company’s attendance at our forthcoming event and look forward to the discussions and contributions the company will provide,” he adds.

Oando’s confirmation as a Platinum Sponsor and Clean Energy Partner at AEW 2023 speaks volumes about the significance of this event, positioning it as the preeminent platform for energy investment in Africa. To sign up as a sponsor visit our website: https://apo-opa.info/44TGQAU

African Energy Week (AEW) is the African Energy Chamber’s (AEC) interactive exhibition and networking event, established in 2021, that seeks to unite African energy stakeholders, drive industry growth and development, and promote Africa as the destination for African-focused events.

Distributed by APO Group on behalf of African Energy Chamber.

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

Etu Energias

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

Energy

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