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Petrobras President Joins Angola Oil & Gas (AOG) 2026, Strengthening South Atlantic Partnerships

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Petrobras’ experiences in Brazil could support Angola’s deepwater drive as the nation looks to sustain production and unlock new frontiers

LUANDA, Angola, April 20, 2026/APO Group/ –Petrobras President Magda Chambriard has been confirmed as a speaker at the upcoming Angola Oil & Gas (AOG) Conference and Exhibition – taking place September 9-10 with a pre-conference day on September 8. Building on a series of deals signed between Angola and Brazil in recent months, Chambriard’s participation cements the re-entry of a major deepwater operator into Angola and the strengthening of South Atlantic upstream partnerships.

 

Chambriard’s participation comes at a time when Petrobras is renewing its engagement with Angola. In 2025, the company signed two deals, marking its return to the market and commitment to assessing exploration opportunities. A May 2025 deal with Angola’s national oil company (NOC) Sonangol signaled the start of research and development activities between the companies, outlining bilateral cooperation in the fields of oil, gas and associated sectors. This followed an agreement signed between Petrobras and Angola’s upstream regulator the National Oil, Gas & Biofuels Agency in March 2025 for the joint study of offshore acreage in Angola.

These agreements collectively signal more than just Petrobras’ return to Angola: they reflect a broader geopolitical and industry shift toward South–South cooperation in energy development. In March 2026, Brazil’s Ministry of Mines and Energy signed an MoU with Angola’s Ministry of Energy and Water, formalizing a joint agenda focused on the exchange of experiences, institutional development and the strengthening of public policies between the nations. The agreement aims to advance cooperation in energy planning, power generation and transmission as well as capacity building, supporting Angolan electrification. While the deal reflects opportunities for collaboration in energy, it is the oil and gas sector that Angola-Brazil cooperation truly stands out.

Given their geological similarities, Angola and Brazil are well positioned to leverage cross-Atlantic cooperation to strengthen their respective oil and gas markets. For its part, Brazil represents one of the world’s most prolific deepwater markets, with projects such as the Lula oilfield in the Santos Basin established as the world’s largest ultra-deepwater fields. By 2030, over 600 wells are expected to be drilled at Lula, with Brazil’s national production forecasted to reach 4.9 million bpd by 2032.

Angola features similar geological potential, with the same salt tectonics and conjugate-margin petroleum systems witnessed on the African side of the Atlantic. Strong geology and competitive fiscals have strengthened Angola’s attractiveness as a deepwater player, with ongoing exploration and production programs cementing the country’s status as a leading deepwater producer. TotalEnergies and ExxonMobil recently signed a Principles Agreement for the allocation of four blocks in the Benguela and Namibe basins, bringing renewed momentum to deepwater exploration efforts. Azule Energy plans to drill the Kiando prospect at Block 47 in 2026, while Shell recently farmed into ultra-deepwater Blocks 49 and 50.

For Petrobras, leveraging experiences gained in Brazil could support Angola’s deepwater drive. As the company strengthens its position in the Angolan market, Chambriard’s presence at AOG 2026 underscores the growing importance of Brazil–Angola cooperation in shaping the future of deepwater oil and gas development in the South Atlantic.

AOG 2026 provides a strategic platform for these discussions, bringing together NOCs, international operators, investors and policymakers to shape the next phase of Angola’s oil and gas development. Petrobras’ renewed engagement in Angola, combined with strengthening government-to-government cooperation between Brazil and Angola, signals growing momentum around joint development, knowledge sharing and cross-Atlantic investment.

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

Energy

Energy Capital & Power Launches ‘Prospect’ – the Global Newsroom for Energy and Mining

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Prospect is now the group’s independent, online platform for comprehensive and timely coverage of energy and mining in Africa, Europe, the MENA region and the Americas

CAPE TOWN, South Africa, April 21, 2026/APO Group/ –Energy Capital & Power (ECP) (https://EnergyCapitalPower.com) has officially launched Prospect – a dedicated newsroom delivering structured news and reporting on the energy and mining sectors. The move marks an evolution from ECP’s foundations in media and African events into a more focused global news platform.

 

Prospect is now the group’s independent, online platform for comprehensive and timely coverage of energy and mining in Africa, Europe, the MENA region and the Americas.

 

Our focus is on producing high-quality, relevant news that helps industry stakeholders stay informed and make sense of a rapidly evolving global environment

As global energy and mining landscapes grow more complex, the need for clear and reliable reporting has intensified. Prospect responds to this need by offering curated news that brings together policy shifts, project developments and market activity in a cohesive and accessible format.

 

“The launch of Prospect represents an important step in how we deliver information to our audience. Our focus is on producing high-quality, relevant news that helps industry stakeholders stay informed and make sense of a rapidly evolving global environment,” says James Chester, CEO of Energy Capital & Power.

 

Prospect maintains editorial independence but benefits from its close ties to ECP’s extensive network by leveraging established relationships with government bodies, national oil companies and international industry stakeholders. This approach ensures reporting that is accurate and appropriately contextualized.

Prospect is now live, featuring ECP’s full range of news and editorial content. Readers can explore the latest coverage at www.Prospect-Intel.com.

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

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Gambia Petroleum Commission Director General (DG) to Advance Energy Investment Case at Invest in African Energy (IAE) 2026

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As frontier exploration gains momentum in the MSGBC Basin, The Gambia is positioning itself as a high-potential investment destination at this week’s forum in Paris

PARIS, France, April 20, 2026/APO Group/ –Cany Jobe, Director General of the Gambia Petroleum Commission, will join industry leaders at this week’s Invest in African Energy (IAE) Forum in Paris, bringing into focus one of West Africa’s most promising frontier exploration markets. As global investors increasingly look to diversify portfolios and secure early-stage opportunities, The Gambia is re-emerging as a compelling play within the MSGBC Basin – one of the most active hydrocarbon regions worldwide.

 

At IAE 2026, the country will be featured in a dedicated MSGBC spotlight session, highlighting basin-wide developments and growing alignment between emerging and producing markets. With neighboring Senegal and Mauritania already in production, attention is shifting south toward underexplored acreage, where The Gambia represents one of the last true first-mover opportunities.

 

Jobe is also expected to contribute to high-level discussions on de-risking frontier acreage – an increasingly critical theme as investors weigh geological potential against regulatory, technical and commercial uncertainties.

 

Recent efforts to enhance the country’s energy ecosystem are already reshaping investor perception. The launch of a new petroleum testing laboratory in 2026 marks a key step in strengthening regulatory oversight and operational standards, reinforcing confidence across the value chain. At the same time, the government has moved to reallocate and promote open acreage, signaling renewed upstream momentum following a period of limited activity. In March 2026, authorities confirmed that new exploration licenses had been awarded to three companies across open blocks.

 

This progress is underpinned by significant resource potential. Offshore blocks A1 and A4, located along the same geological trend as Senegal’s producing fields, benefit from extensive seismic data and proximity to existing infrastructure, offering potential for cost-effective development through tiebacks and shared services. Additional blocks, including A2 and A5, have historically attracted strong industry interest, with estimates pointing to substantial unrisked prospective resources.

 

Crucially, The Gambia’s position within the MSGBC Basin strengthens its overall investment case. The basin has seen a surge in activity in recent years, driven by major discoveries and increased capital deployment by international oil companies. As global players look to replenish reserves and diversify supply, West Africa is playing an increasingly important role in the global energy landscape.

 

As discussions in Paris turn toward energy security, supply diversification and frontier opportunity, The Gambia is positioning itself firmly within that narrative. With improving regulatory clarity, newly available acreage and strong geological fundamentals, the country is moving from potential to a clear investment proposition.

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

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African Energy Chamber (AEC) Supports Namibia’s 2026 Energy Investment Surge as Sintana Listing Unlocks Local Ownership

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Namibia’s transition from oil and gas discovery to financing – with Sintana’s NSX listing – supports a transition toward strong domestic capital pools and strategic partnerships that will shape the country’s path toward first oil and deeper local participation

WINDHOEK, Namibia, April 20, 2026/APO Group/ –Atlantic margin focused energy company Sintana Energy’s planned secondary listing on the Namibia Securities Exchange (NSX) has emerged as one of the most significant signals yet that Namibia’s oil and gas sector is entering a new phase of financial maturity. Announced in April 2026 at the Namibia International Energy Conference (NIEC) in Windhoek, the move aims to open direct participation in offshore exploration assets such as PEL 83 and PEL 87 to Namibian investors for the first time at scale.

 

At a moment when final investment decisions (FIDs) are approaching across multiple Orange Basin developments, the listing reflects a broader shift underway in Namibia’s energy landscape: capital is no longer flowing only into exploration, but increasingly into domestic market formation, local ownership and structured participation in the upstream value chain. As the voice of the African energy sector, the African Energy Chamber (AEC) supports this listing as a pivotal step toward deepening local ownership, expanding capital market participation and embedding Namibians directly in the country’s rapidly evolving upstream oil and gas sector.

 

“Where we are right now, we have a fierce urgency of NOW,” says NJ Ayuk, Executive Chairman, AEC. “You need to think about energy security. This goes across the board in Africa. Don’t make the mistake of thinking things are just going to happen, you have to become active. We have to make some bold choices and those bold choices need to come around stabilization terms, taxes and other fiscal decisions.”

 

At NIEC 2026, Sintana Energy positioned its upcoming NSX listing as a cornerstone of its long-term strategy to deepen Namibian participation in the upstream sector. Chief Executive Robert Bose emphasized that current market conditions, strong exploration success and evolving fiscal frameworks create a unique window to align capital markets with national development goals and broaden local investor involvement in key offshore assets.

 

As one of the country’s premier financial institutions, Standard Bank Namibia is expanding its energy-focused corporate and investment capabilities as offshore oil and gas activity accelerates, positioning itself as a key intermediary between global capital and domestic opportunity. The bank is increasingly involved in structuring financing solutions, advisory services, and public-private participation-linked transactions, while also deepening skills programs to build technical and financial expertise needed for large-scale upstream and infrastructure development across Namibia’s emerging energy value chain.

 

Standard Bank Namibia’s Head of Corporate and Investment Banking Nelson Lucas said that predictability and regulatory certainty are essential to unlocking investment in the oil and gas sector. He noted Namibia’s strong investor base, shaped by past listings, and emphasized opportunities to expand local capital market participation in supporting energy development.

We have to make some bold choices and those bold choices need to come around stabilization terms, taxes and other fiscal decisions

 

Furthermore, insurance company Old Mutual Investment Group Namibia is emerging as a key enabler of domestic institutional capital for the country’s energy build-out. The group manages diversified investment portfolios within Namibia’s financial system and is increasingly focused on infrastructure-linked opportunities tied to oil and gas development. Its role is centered on deepening local capital markets, supporting long-term project financing and strengthening investor confidence in the sector’s growth trajectory.

 

The group’s Managing Director Designate Sepo Haihambo underscored the scale of domestic financial capacity, noting that Namibia’s banking sector reached $187 billion in 2024. She emphasized that leveraging this local capital in infrastructure and energy projects is essential to crowding in international investment, strengthening confidence and ensuring balanced, sustainable sector growth.

 

With a high-impact exploration portfolio spanning multiple offshore licenses, including PELs 97, 99, 100 and 107, exploration company Eco (Atlantic) Oil & Gas is advancing its position in the Walvis Basin. In April 2026, the company farmed down a 60% stake to energy major bp, securing capital and technical backing ahead of a planned drilling campaign, as it targets significant deepwater prospects.

 

At NIEC 2026, Eco (Atlantic) CEO Gil Holzman highlighted how rapidly Namibia’s upstream landscape has evolved, pointing to a surge in major discoveries and investor interest. He stressed that the next phase must focus on enabling meaningful local participation, ensuring Namibians are integrated into the sector as development accelerates.

 

In the midst of these major financial and technical developments, financial institution Rand Merchant Bank (RMB) Namibia is positioning itself at the center of the country’s energy financing landscape, with a growing focus on structuring deals that balance international capital with local participation. As RMB Namibia’s Investment Banking Transactor Leonard Hamunyela noted, the bank sees significant opportunity in supporting Namibian companies across the oil and gas value chain, particularly through trade finance, project structuring and risk allocation frameworks tailored to large-scale energy developments.

 

As Namibia advances toward FID and first oil, the AEC maintains that aligning capital, policy and local participation will be decisive, ensuring the country’s oil and gas sector evolves into a globally competitive, investment-ready and inclusive engine of long-term economic growth.

Distributed by APO Group on behalf of African Energy Chamber.

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