Connect with us

Energy

NOCs and IOCs Redefine Upstream Partnership Terms Ahead Paris Energy Event

Published

on

Participation stakes and work commitments have become the central points of negotiation between African state oil companies and their international partners

PARIS, France, November 11, 2026/APO Group/ –The Invest in African Energy (IAE) 2027 Forum will host an NOC-IOC Roundtable on May 11 in Paris, convening African national oil companies and international oil companies to discuss the commercial terms behind upstream partnerships. Most major African upstream developments are structured as joint ventures or production sharing agreements between the two groups, making the relationship a defining factor in how projects advance to development.

 




  

The roundtable comes as African NOCs take on larger roles as investors and operators. In Nigeria, Shell completed the approximately $2.4 billion sale of its onshore subsidiary to Renaissance, a consortium of African energy companies, in March 2025. Shell has since concentrated its Nigerian investment on deepwater and integrated gas, while state-owned NNPC retained its 55% stake in the onshore joint venture now operated by Renaissance.

Fiscal and contract terms between these two kinds of players are also being revisited. Libya’s National Oil Corporation awarded five blocks to companies including Chevron, Eni, QatarEnergy and Repsol in February 2026 in its first licensing round since 2007, signing production sharing agreements with several of the awardees in June. The corporation has said outcomes on drilling commitments and participation stakes will be used to improve terms for future rounds.

On the IAE agenda, the roundtable follows the Transaction Suite, in which African ministries, regulators and NOCs will present acquisition and farm-in opportunities, and precedes an Investor Circle on structuring bankable capex pipelines with sovereign energy masterplans and private capital. Related discussions continue on May 12 and 13 in main-forum sessions on domestic champions in onshore assets and on licensing rounds and frontier acreage.

The placement reflects how closely partnership terms are tied to project finance. Lenders and development finance institutions assess state carry arrangements and cost recovery provisions when evaluating project cash flows and repayment capacity, and alignment between NOCs and their international partners on these points supports a project’s case for financing. The Day 0 roundtable gives both groups a forum to address them ahead of the deal-making sessions over the remaining two days of IAE 2027.

IAE 2027 takes place May 11-13 in Paris. Organized by Energy Capital & Power (ECP), the forum brings together governments, national oil companies, operators and institutional capital to originate, structure and finance energy projects across Africa. Register at www.Invest-Africa-Energy.com.

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

 

 




 

Energy

Triple A Services & Petroleum Ltd Chief Executive Officer (CEO) Dr. Atong Amos Agook to Champion Women-Led Energy Businesses at South Sudan Oil & Power (SSOP) 2026

Published

on

Triple A Services & Petroleum Ltd ‘s CEO, Dr. Atong Amos Agook, is expected to champion indigenous participation, upstream oilfield logistics and women-led energy enterprises at South Sudan Oil & Power 2026

JUBA, South Sudan, November 12, 2026/APO Group/ –Dr. Atong, Founder and CEO of Triple A Services & Petroleum Ltd, has been confirmed as a speaker at South Sudan Oil & Power (SSOP) 2026, bringing her experience in fuel distribution, oilfield logistics and downstream services to discussions on expanding opportunities for women-led energy businesses.

 




  

As part of the programme, she will participate in the panel Women in Energy: Scaling Women-Led Enterprises in Downstream & Services, which will examine how access to finance, procurement contracts and commercial partnerships can support the growth of women-owned companies across South Sudan’s energy. The discussion will also explore opportunities for indigenous service providers to participate in the country’s expanding petroleum industry.

Dr. Atong has grown Triple A Services & Petroleum Ltd into a provider of petroleum products, logistics and technical services. The company operates across fuel distribution, bulk haulage, equipment supply and oilfield support, serving customers across South Sudan’s petroleum sector.

Triple A Services & Petroleum Ltd supplies fuel and logistics services to operators across the country’s producing oilfields. Its activities highlight the role of indigenous contractors in supporting petroleum operations while creating opportunities for local employment, skills development and supplier participation.

The company is in the last stage of also expanding its downstream portfolio, supplying petroleum products to include diesel, petrol, kerosene, aviation fuel and lubricants. These activities support domestic fuel distribution and regional supply chains as South Sudan seeks to strengthen its downstream infrastructure and reduce supply constraints.

Beyond conventional fuel distribution, Triple A Services & Petroleum Ltd is pursuing opportunities in LPG storage, cylinder bottling and retail distribution, supporting wider access to cleaner household cooking fuels. Expanding LPG infrastructure presents opportunities for investment in storage facilities, distribution networks and equipment supply, while supporting efforts to reduce reliance on wood fuel and charcoal.

As South Sudan advances investment in petroleum storage, fuel distribution and supporting infrastructure, indigenous companies have an opportunity to expand their role in project delivery and service provision. Improving access to working capital, trade finance and procurement contracts will be important to enabling local businesses, particularly women-led enterprises, to compete for larger commercial opportunities.

Returning for its seventh edition as South Sudan’s official energy investment platform, SSOP 2026 will provide an opportunity for Dr. Atong to engage government representatives, financiers, oil and gas operators and service providers on strengthening local content participation and developing partnerships across the downstream sector.

Held under the theme Resource Renaissance – Energy-Fueled Growth for a New Generation, the conference will convene industry leaders and investors to advance commercial opportunities across South Sudan’s energy value chain.

To register for South Sudan Oil & Power 2026 in Juba on November 24–25, visit: https://SouthSudanOilPower.com/

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

 




 

Continue Reading

Energy

Meet the Domestic Companies and Young Engineers Shaping Venezuela Energy Week (VEW) 2027

Published

on

Venezuelan contractors, banks and engineers are among VEW 2027’s leading participants as international operators seek local partners for new production contracts

CARACAS, Venezuela, November 11, 2026/APO Group/ –Venezuelan engineering contractors, oilfield service firms, banks and technology companies hold many of the leading sponsor, speaker and exhibition slots at Venezuela Energy Week (VEW) 2027, the country’s premier international platform for energy investment. The scale of Venezuelan participation reflects how the country’s production growth will be delivered, with local companies carrying out much of the engineering and field work under new contracts with international firms. Operators and investors arriving in Caracas will meet capable Venezuelan partners with decades of homegrown experience, and young Venezuelan engineers will present operational solutions directly to global industry leaders.

 




  

Venezuelan firms hold several of VEW’s highest sponsorship positions, including engineering company Lindsayca, which has delivered projects in Venezuela since 1986 and has joined as a Diamond Plus sponsor to present its EPC track record in Venezuelan energy infrastructure. Crixto, a payments technology company built on Venezuelan talent and capital, and Movilnet, the country’s state-owned mobile operator, have taken Diamond sponsorships, one level below Chevron, Lindsayca and Apertura Energy.

VEW’s National Sponsors bring field experience from the country’s main producing regions. CAMIMPEG provides well maintenance and production support at PDVSA’s Punta de Mata and El Furrial fields in Monagas state and export logistics at the Petrocedeño terminal, with separate divisions covering mining services and the transport of equipment and heavy cargo. Power specialist Energy Solutions has also joined as a National Sponsor, and its President, Eddy Prieto, will speak at the event.

On the exhibition floor, PDVSA holds the event’s central Diamond stand, joined by state lenders Banco de Venezuela and Banco del Tesoro as Platinum and Gold Exhibitors respectively. A Venezuela pavilion and a row of National Showcase stands give domestic manufacturers and suppliers, including battery producer Acumuladores Duncan, space to meet operators and contractors directly across the three exhibition days.

Venezuelan industry leaders will also speak at VEW, among them Juan Nutt, CEO of Vepica, an engineering firm founded in Venezuela in 1972 and chosen by Shell earlier this year as principal contractor in an alliance to develop oil and gas fields. He is joined by Álvaro Pérez Díaz, President of the Cámara Petrolera de Venezuela, and Cristina Mujica Perret-Gentil, President of the Asociación Venezolana de Derecho Marítimo. The Asociación Venezolana de los Hidrocarburos and the Asociación Venezolana de Procesadores de Gas have joined VEW as supporting partners.

The country’s next generation of engineers will also present their work at VEW. On February 24, three teams of young Venezuelan engineers and university students will pitch low-cost solutions to operational challenges at the Next-Gen Energy Spark session on the Technical Stage, with proposals covering areas such as flare-gas capture and digital supply chain tracking. A panel of industry experts will judge the presentations and offer the teams feedback and career opportunities. The session comes as Weatherford, Baker Hughes, Halliburton and SLB advertise dozens of skilled positions in Venezuela, with the first wave of activity concentrated on workover rigs at mature fields.

Venezuelan contractors and engineers are positioned to deliver a large share of the field and supply work under new production contracts through 2027. VEW 2027 gives international operators and investors direct access to Venezuelan partners and emerging talent ahead of the next round of contract awards.

Venezuela Energy Week 2027 takes place February 22–25 at the Simon Bolivar Convention Center in Caracas. Organized by Energy Capital & Power and taking place under the patronage of Acting President Delcy Rodríguez, PDVSA and the Ministry of Hydrocarbons, VEW is the country’s flagship oil and gas investment platform. To register or learn more about sponsorship and speaking opportunities, visit www.VenezuelaEnergyWeek.com.

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

 

 




 

Continue Reading

Energy

South African National Petroleum Company (SANPC) Confirmed as South Sudan Oil & Power (SSOP) 2026 Platinum Sponsor as Upstream Footprint Expands

Published

on

The South African National Petroleum Company is participating in the seventh edition of South Sudan Oil & Power as a platinum sponsor

JUBA, South Sudan, November 11, 2026/APO Group/ –The South African National Petroleum Company (SANPC) has been confirmed as a Platinum Sponsor of the upcoming South Sudan Oil & Power (SSOP) 2026 conference, taking place November 24–25 in Juba.

 




 
 

SANPC’s sponsorship underscores the event’s position as the country’s official platform for dealmaking and project development, connecting domestic opportunities with regional and international partners.

Returning for its seventh edition, SSOP 2026 will feature high-level panel discussions, project showcases and exclusive networking sessions aimed at aligning technical and financial capabilities with South Sudan’s energy renaissance. SANPC CEO Godfrey Moagi will lead the company’s delegation, participating in key discussions and outlining the company’s expanding exploration and investment footprint in the country.

Moagi will participate in the Regional National Oil Companies (NOC) panel, titled Resource Renaissance: Energy-Fueled Growth for a New Generation. The session will focus on cross-border cooperation to reinforce regional energy security and unlock the economic potential of South Sudan’s estimated 3.5 billion barrels of proven crude oil reserves.

The dialogue comes as South Sudan targets an output expansion from approximately 174,000 barrels per day (bpd) to 230,000 bpd in the near term, with a long-term goal of 450,000 bpd. With roughly 90% of South Sudan’s reserves undeveloped, SANPC is positioning itself as a strategic, long-term technical and commercial partner to accelerate greenfield monetization and asset optimization.

With only 30% of South Sudan’s territory systematically explored, SANPC’s technical investments are delivering critical basin knowledge to underpin future exploration rounds. These technical contributions are anchored by ongoing work in Block B2, situated in Greater Jonglei State. In 2024, SANPC completed an extensive aerial geophysical survey covering approximately 47,000 km² – one of the largest airborne mapping initiatives executed in the country. The company has since progressed toward field-level preparations, advancing terrain reconnaissance to support a planned 2D seismic campaign aimed at defining drillable prospects in partnership with Nilepet.

As South Sudan pursues new partners to advance exploration, SSOP 2026 offers a platform for SANPC to provide strategic updates on its local operations, connect with local players and explore joint ventures with regional NOCs and international service providers.

To register for South Sudan Oil & Power 2026 in Juba on November 24–25, visit: https://SouthSudanOilPower.com/.

 

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

 




 

Continue Reading

Trending

Exit mobile version