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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.

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Libya Energy & Economic Summit (LEES) 2027 to Define Libya’s Next Phase of Energy Expansion in Tripoli

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Returning for its fifth edition, LEES 2027 will advance Libya’s $18 billion energy pipeline, targeting 1.6–2 million bpd, gas megaprojects and renewables

TRIPOLI, Libya, June 4, 2026/APO Group/ –The fifth edition of the Libya Energy & Economic Summit (LEES) 2027 returns to Tripoli on January 23–25. Positioned as Libya’s landmark energy event, LEES serves as the country’s premier international platform for investment, technical collaboration and private sector engagement across oil, gas, power and renewables.

 

LEES 2027 builds directly on the outcomes of LEES 2026, which marked Libya’s shift from post-recovery stabilization to execution-led development. The 2026 edition established an estimated $18 billion pipeline of energy and infrastructure projects and repositioned the sector from ambition to delivery, setting the foundation for the 2027 summit’s execution-focused agenda.

 

A central focus for 2027 is upstream acceleration. The National Oil Corporation’s (NOC) 2026 licensing round introduced 22 on- and offshore exploration blocks, the country’s first in 17 years, alongside a mandate to drill 70 to 100 new wells annually. With support from the Ministry of Oil & Gas, LEES 2027 will evaluate initial seismic results, contract awards and the transition from exploration rights into operational development phases.

Production expansion remains a core investment theme. Libya’s output stabilized at approximately 1.4 million barrels per day (bpd) in 2026, with LEES 2027 targeting pathways toward 1.6 million bpd in the near term and a long-term ambition of 2 million bpd. The summit – endorsed directly by the NOC – will focus on infrastructure bottlenecks, field optimization and midstream capacity required to support higher output levels.

 

Gas monetization and large-scale infrastructure development will also feature prominently. Eni’s $8 billion offshore Structures A&E project remains on track for completion by late 2027, while discussions around Chevron-linked shale studies highlight potential resources estimated at 123 trillion cubic feet of gas and 18 billion barrels of oil across key basins, including Sirte, Murzuq and Ghadames.

Moving from licensing and planning into large-scale execution and infrastructure delivery, LEES 2027 is a focal point for this critical transformation in Libya’s energy sector

 

The sector aims to attract an estimated $3–4 billion in annual drilling investment following unified drilling regulations announced in 2026. LEES 2027 will assess early implementation outcomes, including operational safety, fiscal predictability and contract execution efficiency across upstream assets.

 

Meanwhile, Libya’s 4 GW solar roadmap is advancing, anchored by TotalEnergies’ 500 MW Sadada solar project. Supported by the Renewable Energy Authority of Libya as an institutional partner, LEES 2027 is expected to focus on financial close milestones, construction timelines and the scaling of independent power purchase structures within the national grid strategy.

 

Human capital development will also remain a strategic pillar at next year’s event, with the Energy JEEL initiative having trained more than 900 youth participants aged 15–35 in engineering, digital systems and energy operations, forming a national talent pipeline aligned with Libya’s long-term energy transition and industrial expansion goals.

Against this backdrop, LEES 2027 – which takes place at the Tripoli International Convention Center – will serve as the sector’s execution benchmark, converting licensing frameworks, infrastructure commitments and production targets into operational outcomes across hydrocarbons, power generation and next-generation energy systems.

 

“Moving from licensing and planning into large-scale execution and infrastructure delivery, LEES 2027 is a focal point for this critical transformation in Libya’s energy sector,” says James Chester, CEO of LEES 2027 organizer Energy Capital & Power. “It will be a defining platform where investment commitments from 2026 are translated into measurable production, capacity expansion and long-term energy security outcomes.”

 

Join industry leaders at the Libya Energy & Economic Summit 2027 in Tripoli and explore investment opportunities in one of Africa’s most dynamic energy markets. LEES 2027 offers a premier platform for partnerships, innovation and sector growth. Visit www.LibyaSummit.com to secure your participation. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com

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

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Congo Energy & Investment Forum 2027 to Position Brazzaville as a Hub for Global Energy Deal-Making

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The Congo Energy & Investment Forum will convene international investors, policymakers and industry leaders to advance energy partnerships and project development from June 1–3, 2027

BRAZZAVILLE, Congo (Republic of the), June 4, 2026/APO Group/ –The Republic of Congo will host the second edition of the Congo Energy & Investment Forum (CEIF) from June 1–3, 2027 at the Kintélé International Conference Center, under the official endorsement of the Ministry of Hydrocarbons, led by newly appointed Minister Stev Simplice Onanga. Organized by Energy Capital & Power (www.EnergyCapitalPower.com), the forum will bring together global investors, project developers and policymakers to accelerate investment across the country’s energy sector.

 

The event is expected to attract participation from leading international and regional institutions, including OPEC and African Petroleum Producers Organization, alongside energy ministers from across Africa. Delegations from Europe, Asia, the Middle East and the Americas, as well as national and international oil companies, financiers and technology providers, will be represented, positioning CEIF as a key platform for cross-border energy cooperation and deal-making.

As one of sub-Saharan Africa’s established oil producers and an emerging gas exporter, the Republic of Congo continues to expand its upstream and gas monetization activities. Growth is being driven by developments such as TotalEnergies’ Moho Nord and Marine XX assets, as well as ongoing activity by Trident Energy and Perenco across mature assets. In parallel, the phased rollout of Eni’s Congo LNG project, which targets up to 3 million tons of LNG per year, is strengthening the country’s position in global gas markets.

Alongside international operators, national oil company Société Nationale des Pétroles du Congo (SNPC), under the leadership of Director General Maixent Raoul Ominga, is advancing work on deepwater permits such as Nzombo, increasingly positioning itself as both a commercial operator and strategic partner in key developments, including mature asset redevelopment and emerging LNG-linked opportunities.

A central focus of CEIF 2027 will be deepening local content and in-country value creation, a key priority of Minister Onanga. With support from the African Energy Chamber, the forum will highlight policies and initiatives aimed at increasing participation by Congolese companies, building local workforce capacity and supporting technology transfer. Discussions will explore how international operators and service providers can partner with local businesses, ensuring that investment translates into long-term economic benefits and sustainable industry growth.

The Republic of Congo continues to enhance its investment framework through regulatory reforms supported by the Ministry and SNPC, including the implementation of a Gas Master Plan, the establishment of a national gas company and a new gas code designed to commercialize undeveloped resources and reduce flaring. These efforts are complemented by downstream and infrastructure developments, including refinery upgrades, petrochemical projects and expanding gas-to-power capacity.

With participation expected from more than 40 countries, hundreds of companies and over 3,000 delegates, CEIF 2027 will feature strategic conference sessions, technical workshops and high-level networking opportunities. The forum is set to play a central role in facilitating partnerships, advancing investment and reinforcing the Republic of Congo’s position as a competitive energy destination.

For more information, visit: www.CongoEnergyInvestment.com

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

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Prof. Benedict Oramah to Chair Finance Summit as African Energy Week (AEW) 2026 Prepares for Major Deal Flow

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Prof. Benedict Oramah joins African Energy Week 2026 at a pivotal moment for African energy financing, industrial development and infrastructure investment

CAPE TOWN, South Africa, June 3, 2026/APO Group/ –Prof. Benedict Oramah, former President and Chairman of the African Export-Import Bank (Afreximbank) and current Chairman of Africa Trading Minerals (ATMIN), will chair the African Energy Week (AEW) 2026 Finance Summit, taking place from October 12–16 in Cape Town. Oramah’s participation places one of Africa’s most influential development finance leaders at the forefront of discussions on energy investment, infrastructure financing and industrial growth, reaffirming the event’s role as the continent’s premier deal-making platform.

Taking place within the main strategic conference program, the AEW 2026 Finance Summit will address one of the most pressing challenges facing Africa’s energy sector: a lack of investment. With an annual energy investment gap estimated between $31 billion and $50 billion, the Summit will explore tangible strategies to mobilize private capital, expand development financing and unlock new avenues for domestic funding across the energy value chain. Oramah’s participation ensures these discussions remain central to the event.

Having previously led Afreximbank, Oramah played a pivotal role in positioning the institution as one of the continent’s most active financiers of strategic infrastructure and energy projects. The bank has been instrumental in supporting African-led energy development, including backing refining infrastructure, advancing regional trade integration and facilitating capital access for major projects. In recent years, the bank increased its capital base by $25 billion, enhancing its capacity to finance large-scale energy and infrastructure initiatives. It has also played a leading role in the development of the Africa Energy Bank (AEB), which is expected to begin operations in 2026 and deploy billions in capital toward African energy projects.

Prof. Benedict Oramah represents the type of leadership Africa needs as the continent works to finance its own energy future

Recent developments underscore Afreximbank’s continued role in financing African projects and highlight the importance of development finance in accelerating infrastructure rollout. South Africa joined Afreximbank in 2026, unlocking an $8 billion country program focused on energy, manufacturing and trade, alongside a $3 billion Transformation Fund aimed at supporting black-owned businesses and SMEs. Meanwhile, a new trading house – ATMIN – was launched in 2025 by a group of former Shell traders, with financial backing from Afreximbank.

The bank has underwritten $2.5 billion of a $4 billion syndicated term loan for Nigeria’s Dangote Petroleum Refinery; launched the African Continental Free Trade Area Adjustment Fund; introduced its flagship Accelerator Program to boost intra-African trade; and committed financing packages to Ecobank Zimbabwe, Egypt’s SAMCO and Malawi’s NBS Bank.

Afreximbank has also expanded its developmental mandate through initiatives such as the African Medical Center of Excellence (AMCE), reflecting the growing recognition that energy, healthcare and industrialization are interconnected pillars of long-term economic growth. The $300 million tertiary medical facility was developed in partnership with King’s College Hospital London, offering world-class services across oncology, hematology, cardiology and general medicine. The center officially opened in 2025.

“Prof. Benedict Oramah represents the type of leadership Africa needs as the continent works to finance its own energy future. His participation at AEW 2026 comes at a defining moment, as Africa strengthens energy security, expands industrial capacity and builds financing institutions capable of supporting long-term growth,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

AEW 2026’s Finance Summit is expected to serve as a key platform for advancing new financing structures, facilitating investment partnerships and accelerating commercially driven dealmaking across Africa’s energy sector. The Summit will focus on project bankability, African-led financing mechanisms, infrastructure investment, risk mitigation strategies and the evolving role of development finance institutions in supporting the continent’s energy expansion.

Distributed by APO Group on behalf of African Energy Chamber.

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