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Perenco to Shape Critical Exploration and Production Dialogue as AEW 2022 Bronze Sponsor

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Perenco

Perenco will be shaping conversations around how Africa can boost the exploration, production and exploitation of its oil and gas resources as a bronze sponsor at this year’s edition of African Energy Week

JOHANNESBURG, South Africa, August 23, 2022/APO Group/ — 

With Africa seeking to maximize oil and gas exploration and production to address its energy access and security issues, this year’s edition of the African Energy Week (AEW) (AECWeek.com) conference and exhibition, Africa’s biggest event for the energy sector which will take place from 18 – 21 October 2022 in Cape Town, will explore best practices for enhancing operations across the continent’s entire hydrocarbon value chain. As one of the leading international independent oil and gas companies driving exploration and production across Africa’s mature and emerging markets independent Anglo-French firm, Perenco, will participate as a bronze sponsor at AEW 2022, shaping crucial discussions on current trends, challenges and opportunities within the continent’s upstream sector.

Through its upstream operations across west Africa, Perenco has been at the forefront of boosting the continent’s oil and gas production capacity via a series of partnerships with national oil companies (NOC) and majors. Notably, in the Democratic Republic of Congo, Perenco is the only company operating in the basin – with 11 production fields producing 25,000 barrels of oil per day (bpd) on average while heavily investing in new wells. Additionally, in Gabon, Perenco has optimized drilling campaigns and expanded oil production from 8,000 bpd in 1992 to 100,000 bpd as well as 50 million cubic feet of natural gas in 2021. Finally, in Congo-Brazzaville, the company has strengthened production from 4,000 bpd to 70,000 bpd.

The Chamber continues to celebrate Perenco’s efforts in boosting production lines across Africa’s hydrocarbon-rich basins

With the demand for low-emission natural gas rapidly expanding both at continental level – as Africa seeks to provide 900 million of its people with access to clean cooking while fueling major industries – and at global level – as the energy transition intensifies and geopolitical trends such as the Russia-Ukraine war increases global demand for gas – Perenco is playing a key role in fast-tracking the development of African gas projects. In partnership with Cameroonian NOC, Société Nationale des Hydrocarbures, Perenco developed and is operating the Hilli Episeyo Floating Liquefied Natural Gas facility, the first of its kind worldwide. Moreover, with Cameroon’s gas market headed towards growth, Perenco is at the head of development with the company operating a number of gas projects for domestic consumption and export.

As Africa seeks to boost the utilization of its estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of gas reserves to drive socioeconomic growth, Perenco’s know-how regarding exploration, the development of new reservoirs as well as increasing production capacity will be crucial for capitalizing on the continent’s hydrocarbons potential. In this regard, as a bronze sponsor for AEW 2022, Perenco will help shape discussions around the company’s operations and future growth plans in line with the continent’s energy goals.

“The Chamber continues to celebrate Perenco’s efforts in boosting production lines across Africa’s hydrocarbon-rich basins as output declines due to natural diminishes in legacy projects and a lack of adequate upstream investments. The recent acquisition of Glencore’s oil assets in Chad by Perenco is a strong confirmation of the company’s commitment to continue its operations as a reliable partner for African energy producing countries seeking to maximize production, exploitation and monetization for sector reliability and GDP growth,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC).

Under the theme, ‘Exploring and Investing in Africa’s Energy Future while Driving an Enabling Environment,’ AEW 2022 will host Perenco in high-level meetings and networking forums with local and international experts and organizations from across the energy ecosystem, discussing the role international independents such as Perenco will play in Africa’s energy future.

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

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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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