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Petrobras, Namibia Energy Corporation (NEC), the Brazilian Institute of Petroleum (IBP) and African Energy Chamber Strengthen Africa-Brazil Oil and Gas Investments in Rio

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The Investment Forum supported Brazil-Africa energy relations by providing a platform for partnerships and engagement

RIO DE JANEIRO, Brazil, February 5, 2025/APO Group/ — 

The African Energy Chamber (AEC) (www.EnergyChamber.org) – the voice of Africa’s energy sector – hosted an Invest in African Energies Investment Forum in Rio de Janeiro, Brazil, on 30 January 2025. Attended by key Brazilian energy stakeholders, including representatives from Petrobras, the Brazilian Petroleum Association and the Brazilian Association of Petroleum Geologists, alongside African stakeholders such as RichAfrica Consultancy, the event showcased investment opportunities in Africa’s energy sector, providing a platform for enhanced multilateral partnerships.

The event served to promote collaboration by exploring strategic investment avenues, highlight challenges to development while facilitating greater engagement between Brazilian and African energy players. During the event, the AEC’s Executive Chairman NJ Ayuk was also honored with the prestigious Best Brazil-Africa Integration in Petroleum Geology and Energy Award, which included a special book documenting key courses, events, conferences and workshops organized by the Brazilian Association of Petroleum Geologists since 2022.

In his remarks, Ayuk highlighted Africa’s lucrative oil and gas opportunities and urged global investors, including Brazilian firms, to tap into markets such as Namibia, Angola, the Republic of Congo and many more. He strongly defended Africa’s right to develop its hydrocarbon resources to lift 600 million people out of energy poverty and drive continent-wide industrialization.

“We will not stop developing and producing our oil and gas. Every drop must be utilized to fuel our economies, just as Western nations have done, to drive industrialization and economic growth,” Ayuk stated.

He urged Brazil to maximize its oil and gas production and stand with Africa against Western pressures discouraging fossil fuel development in the name of the energy transition.

“Brazil accounts for less than 1% of global greenhouse gas emissions and Africa as a whole contributes less than 3%. Yet, we are told to stop developing our resources. A kettle in the UK consumes more electricity than seven African families combined. Heathrow Airport alone uses more power than the entire nation of Sierra Leone. We want to use our gas to produce fertilizers so we don’t have to beg for food from Ukraine,” Ayuk emphasized.

As one of the world’s final frontiers for oil and gas exploration, Africa offers a wealth of opportunities for foreign investors. Countries like Namibia – which recently emerged as a global exploration hotspot due to a slate of offshore discoveries in the Orange Basin – offer growth opportunities for Brazilian companies. Brazil’s Petrobras is currently assessing investment opportunities in Namibia, highlighting the potential for collaboration between the two nations.

If Brazil was not a producer and had to import 2 million barrels of oil daily to meet demand, our economy would struggle

“Almost every major oil company such as Chevron, Shell, TotalEnergies, Galp and more have made discoveries in Namibia. That speaks volumes about the country’s geological potential,” Ayuk noted.

He also commended Ndapwilapo Selma Shimutwikeni, Managing Director of RichAfrica Consultancy, for her 12 years of dedicated efforts in promoting Namibia’s oil and gas potential, which has led to a surge in global interest.

“Selma stood by Namibia when everyone doubted its potential. People said there was no oil but she never gave up, she championed Namibia’s energy sector with dignity and integrity and promoted Namibia as Africa’s number one investment destination for oil and gas investments,” Ayuk said. He also invited Brazilian firms to explore Namibia’s energy opportunities at the upcoming Namibian International Energy Conference, set for April 23–25 in Windhoek.

Shimutwikeni reinforced Namibia’s commitment to becoming an African energy hub, emphasizing the transformative impact of oil and gas resources on the country’s 3 million people.

“We see Brazilian firms as valuable partners in exploration and development. Brazil’s journey of resilience and transformation is an inspiration to us,” she stated.

Meanwhile, Marcio Rocha Mello, President and Founder of Namibia Energy Corporation, emphasized Brazil’s commitment to partnerships, pledging to invest in upstream exploration and infrastructure in Namibia and across Africa. “Brazil is a nation that shares, builds and grows together with our partners,” he affirmed. The renowned ‘oil man’ is bullish about finding more oil in deep water Namibia.

Sylvia Anjos, Executive Director of Exploration and Production at Petrobras, reaffirmed the company’s commitment to expanding investments in Africa, specifically in Namibia, Nigeria, Angola and South Africa. These investments aim to sustain production and drive new discoveries.

“If Brazil was not a producer and had to import 2 million barrels of oil daily to meet demand, our economy would struggle. We hope Namibia starts producing soon – it will make a huge difference,” Anjos stated.

Further reinforcing Brazil’s interest to invest in African oil and gas, Carla Araujo, President of the Brazilian Association of Petroleum Geologists, highlighted the country’s readiness to support Brazilian firms exploring Africa’s energy opportunities, with a focus on workforce development, training and market insights.

Distributed by APO Group on behalf of African Energy Chamber.

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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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