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Petralon Energy Advances Dawes Island Drilling Activities Through Petroleum Industry Act (PIA)-Driven Development Strategy

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African Energy Chamber

Nigeria’s upstream push gains traction as Petralon Energy boosts output, strengthens community engagement and showcases the rising impact of empowered indigenous operators

African exploration and production company Petralon Energy is advancing drilling activities at the Dawes Island field, situated at PPL 259 in Nigeria. The company brought the DI-2 well online while announcing the successful spudding of the DI-3 well. Both milestones reflect an ambitious drive to bolster production through continuous drilling activities in line with the country’s Petroleum Industry Act (PIA), underscoring the central role independent companies play in driving Nigeria’s production goals.

 

Following his inspection of operations at the Dawes Island field, Nigeria’s Minister of State for Petroleum Resources (Oil) Sen. Heineken Lokpobiri issued a strong endorsement of Petralon Energy and its operational milestones. Minister Lokpobiri commended the company for supporting the country’s production strategy, highlighting the impact of the PIA in not only delivering the country’s oil and gas goals but cementing the role indigenous companies play in the country’s production portfolio.

“After inspecting operations at the field operated by Petralon Energy Limited, I noted that we have always maintained that the era of holding licenses as souvenirs is over. Under the “Drill or Drop” provision of the PIA, operators must remain actively engage in drilling activities or be prepared to relinquish such assets,” Minister Lokpobiri stated. He further explained that Petralon Energy represents an example for other licensees to follow, highlighting the value of a ‘drill, baby drill’ approach to meet Nigeria’s production quota as the country targets 2.5 million barrels per day (bpd) in the coming years.

Petralon Energy has shown what happens when you give capable Nigerian companies the room to perform – they deliver

Representing the voice of the African energy sector, the African Energy Chamber (AEC) welcomes the strong endorsement of Petralon Energy by Minister Lokpobiri. His remarks underscore a critical message for Nigeria’s upstream sector: that regulatory clarity, deliberate government support and operator accountability are now working hand-in-hand to deliver real barrels and real future. For the AEC, Petralon’s performance is a compelling demonstration of what the PIA was designed to achieve – an environment where committed indigenous operators can thrive, production can grow and communities become active stakeholders in the success of energy projects.

Petralon Energy has become a key example of Nigeria’s upstream momentum. Since taking over the Dawes Island field, the company has revived abandoned infrastructure, restarted the DI-2 well and launched a drilling campaign adding up to 2,500 bpd. These results reflect what Minister Lokpobiri called Petralon’s “commendable capacity,” reinforcing the message that empowered indigenous operators can deliver real volumes that support national production goals. Other indigenous operators stand to learn from Petralon Energy’s approach, positioning themselves at the forefront of PIA-led production growth in Nigeria.

Petralon Energy’s work at PPL 259 shows what becomes possible when regulatory certainty, local capability and steady investment are working in sync. Its role in the Project One Million Barrels initiative further demonstrates how indigenous players are stepping into the space left as international major shift away from onshore and shallow-water assets. Petralon Energy has also moved early on community engagement, an area that has historically slowed progress in the Niger Delta. Through Petralon 54, the company has set up Host Community Development Trusts for the Ogoloma and Koniama communities – swift action that signals respect for the PIA and recognition that operations and social license must go hand-in-hand. This approach aligns strongly with the Chamber’s push for development models that build long-term stability and trust.

“Petralon Energy has shown what happens when you give capable Nigerian companies the room to perform – they deliver. The company’s progress at Dawes Island is proof that indigenous operators are essential to hitting national production targets,” states NJ Ayuk, Executive Chairman, AEC.

Nigeria remains the pillar of Africa’s energy landscape, and strengthening local participation is essential to sustaining that role. Petralon Energy’s progress, paired with active government engagement, offers a practical model for boosting production, deepening local ownership and ensuring that resource development is transparent and broadly beneficial.

Distributed by APO Group on behalf of African Energy Chamber.

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Canada–Africa Financing Forum to Convene Investors and Decision-Makers in Cape Town – May 14, 2026

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Ateau Zola

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships

TORONTO, Canada, April 29, 2026/APO Group/ –The Canada–Africa Chamber of Business (https://CanadaAfrica.ca) will convene investors, financiers, policymakers, and industry leaders in Cape Town on May 14, 2026 for the Canada–Africa Financing Forum—a high-level platform focused on unlocking capital and accelerating deal flow across African markets.

Registration is open (http://apo-opa.co/4vZN6oV)

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships. The program connects leaders from venture capital, private equity, and institutional investors to examine where capital is moving—and where the next opportunities lie—supported by Canadian project partners with proven capacity to deliver on-the-ground.

Delegates will engage directly with finance and investment decision-makers, following the program opening, featuring messages from President Cyril Ramaphosa and Prime Minister Mark Carney, in addition to high-level Ministerial representation.

This Forum is about capital deployment, not just conversation

“This Forum is about capital deployment, not just conversation,” said Garreth Bloor, President of the Canada–Africa Chamber of Business. “We are convening investors, institutions, and project leaders who are actively shaping transactions across Africa—and connecting them directly with Canadian partners who are ready to work together.”

The Canada–Africa Financing Forum reflects the Chamber’s role as a privately financed, market-led platform advancing Canada-Africa trade and investment through world-class networking and information-sharing events.

Why Attend

  • Direct access to active dealmakers and capital allocators
  • Insights into where capital is being deployed and key players delivering major projects
  • Opportunities to build partnerships across Canada and African markets
  • Participation in a curated, high-level environment focused on execution

Secure Your Place

Space is limited and demand is strong.

Apply to secure your place (http://apo-opa.co/4vXb9oz)

Read More and View the Program (http://apo-opa.co/4vZN6oV)

Distributed by APO Group on behalf of The Canada-Africa Chamber of Business.

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ORUN and 1xBET Partner to Support a Dynamic Creative Africa

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MIR Holding

During the MASA 2026 edition, held from April 11 to 18, 2026, ORUN and 1xBET implemented the We Champion Talent program, an initiative aimed at promoting African talent and advancing the development of Cultural and Creative Industries (CCIs)

ABIDJAN, Ivory Coast, April 28, 2026/APO Group/ –As part of the Innovation Village co-organized with MASA at the Palais de la Culture in Abidjan from April 14 to 18, ORUN (https://ORUN.Africa) announces the rollout of its partnership with 1xBET to support a creative Africa that is structuring itself, professionalizing, and scaling across the continent.

We aim to demonstrate that it is possible to support African talent, narratives, and creative ecosystems over the long term, with ambition and consistency

Designed as a space of convergence between heritage, innovation, and knowledge transmission, the Innovation Village features scenography crafted by Ivorian artisans, a program of panels and masterclasses on creative industries, an immersive experience produced by Orun Studios, and a major institutional highlight on April 17. Its narrative platform is built around three pillars: memory, structure, and transmission. The initiative aims to position cultural and creative industries as an economic driver for the continent.

“The Innovation Village was conceived as an act of construction. By partnering with organizations such as 1xBET, we aim to demonstrate that it is possible to support African talent, narratives, and creative ecosystems over the long term, with ambition and consistency,” said Habyba Thiero, CEO of Africa Currency Network and President of ORUN.

This vision aligns with ORUN’s broader ambition to produce, structure, and internationalize African creative industries through events, content, and strategic partnerships.

Distributed by APO Group on behalf of ORUN, part of African Currency Network (ACN).

 

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MIR Holding Reaffirms Its Commitment to African Creative Industries Alongside ORUN at Marché des Arts du Spectacle Africain d’Abidjan (MASA) 2026

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MIR Holding

More than event support, this partnership reflects a commitment to backing platforms capable of structuring value chains, increasing the visibility of talent, and fostering the emergence of strong African creative infrastructures

ABIDJAN, Ivory Coast, April 28, 2026/APO Group/ –On the occasion of MASA 2026, held from April 11 to 18 in Abidjan, MIR Holding (https://MIRHolding.odoo.com) reaffirmed its commitment to supporting the growth of African creative industries by partnering with ORUN as part of the Innovation Village, hosted at the Palais de la Culture in Abidjan. This presence reflects a clear intention to support the scaling of cultural and creative industries so they can fully contribute to job creation and value generation across the continent.

 

Co-organized by ORUN and MASA, the Innovation Village brought together over several days scenography designed by Ivorian artisans, a program of panels and masterclasses dedicated to creative industries, an immersive experience produced by Orun Studios, and a key institutional highlight on April 17.

At MIR Holding, we believe that Africa’s future will also be shaped by its ability to structure its narratives, its talent, and its creative value chains

Built around three pillars — memory, structure, and transmission — the initiative carried a renewed ambition for culture: positioning it as a concrete lever for economic structuring and African projection.

By supporting this initiative, MIR Holding aligns with a broader dynamic aimed at strengthening connections between creation, entrepreneurship, content, youth, and growth ecosystems. More than event support, this partnership reflects a commitment to backing platforms capable of structuring value chains, increasing the visibility of talent, and fostering the emergence of strong African creative infrastructures. MIR Holding stands among the main partners of the Village, alongside Africa Currency Network and other stakeholders engaged in this vision.

“With ORUN, we are not only seeking to make culture visible. We aim to help provide it with a framework, a reach, and a trajectory. What is at stake here is the continent’s ability to better transform its creative energy into sustainable value, real opportunities, and influence,” said Habyba Thiero, CEO of Africa Currency Network and President of ORUN.

Mouhamed Dieng, President of MIR Holding, added: “Supporting Africa’s creative industries is not about backing a secondary sector. It is about investing in one of the continent’s most powerful spaces for storytelling, youth, innovation, and competitiveness. At MIR Holding, we believe that Africa’s future will also be shaped by its ability to structure its narratives, its talent, and its creative value chains.”

Distributed by APO Group on behalf of MIR Holding.

 

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