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Petrosen Exploration & Production (E&P) Director to Showcase Senegal’s Upstream Play at African Energy Week (AEW) 2023

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Thierno Seydou LY, Director General of Petrosen E&P, will promote investment opportunities within Senegal’s upstream, midstream and downstream sectors at AEW 2023

JOHANNESBURG, South Africa, June 30, 2023/APO Group/ — 

The African Energy Chamber (AEC) (www.EnergyChamber.org), as the voice of the African energy sector, is committed to unlocking and facilitating cooperation between African energy policymakers and companies with global investors to accelerate market expansion and maximize the development and exploitation of the continent’s entire energy base for energy poverty eradication and socioeconomic growth.

In this regard, the AEC is proud to announce that Thierno Seydou LY, Director General at Senegal’s National Oil Company (NOC) Petrosen E&P, will participate at the 2023 edition of the African Energy Week (AEW) conference and exhibition – Africa’s premier event for the energy sector – scheduled for 16 – 20 October in Cape Town. At AEW 2023, Seydou LY will participate in high-level panel discussions, promoting investment and partnership opportunities within Senegal’s burgeoning oil and gas industry as the west African country seeks reliable partners, investors and innovative technologies to optimize industry prospects.

Representing Senegal’s NOC, Petrosen is working towards positioning the country as a global energy hub, with the participation of Seydou LY at AEW 2023 seen crucial for highlighting the role of Senegal and Africa’s vast hydrocarbon resources in driving energy security, employment creation, gross domestic product growth and industrialization. The company, in collaboration with a suite of energy majors, is spearheading a number of large-scale developments, all of which promise new opportunities for revenue generation, domestic market growth and electrification. These include the 15 trillion cubic feet Greater Tortue Ahmeyim (GTA) Liquefied Natural Gas (LNG) project – being developed in partnership with global majors bp and Kosmos Energy and in collaboration with Mauritania – as well as the 100,000 barrel-per-day Sangomar Oil Field Development have made clear the potential for large-scale offshore developments. The country anticipates its first oil and gas production from Phase 1 of the GTA and the Sangomar developments in 2023.

Senegal has emerged as not only a formidable LNG market but a highly attractive energy sector, offering abundant opportunities across the entire energy value chain

In addition to these developments, Petrosen – under the leadership of Seydou LY – is running a massive campaign to drive continued industry growth post-first production. With large-scale projects such as GTA Phase 2 and a wide range of exploration, downstream, midstream and gas-to-power projects underway and being planned, opportunities for global energy investors within Senegal are immense. In this regard, AEW 2023, as the official meeting platform where investment opportunities within Africa’s entire energy sector are discussed, represents the best platform for Seydou LY to meet with potential investors, discuss and sign investment deals.

An experienced technical advisor and skilled petroleum engineer with a demonstrated history of working in the oil and gas industry, Seydour LY has previously worked as a reservoir engineer and petroleum architect with global major TotalEnergies for over eight years prior to joining the Senegalese Ministry of Petroleum and Energies as a Technical Counsellor and as Director of Hydrocarbons between January 2018 and June 2022. As such, Seydou LY is well positioned to shape AEW 2023 discussions around Senegal’s upstream agenda and market opportunities for global energy players as the country seeks to unlock a new era of economic growth on the back of oil and gas exploitation.

Under the theme, ‘The African Energy Renaissance: Prioritizing Energy Poverty, People, the Planet, Industrialization and Free Markets,’ AEW 2023 will connect potential investors with Senegalese energy opportunities. The NOC is expected to play a central role in driving dialogue and facilitating deals, providing key insight into the country’s E&P drive, favorable investment climate and attractiveness as an oil and gas destination. Through his participation as a speaker and role in various networking and investor summits, stakeholders will be granted unparalleled insight into the Senegalese energy market.

“Senegal has emerged as not only a formidable LNG market but a highly attractive energy sector, offering abundant opportunities across the entire energy value chain. While upstream developments are set to position the country as a major producer and exporter as early as 2023, a national drive to bolster infrastructure developments, electrification and industrialization on the back of revenue generated from oil and gas has opened lucrative prospects for global and regional players. AEW 2023 will not only provide insight into these opportunities but direct access to the market, with industry leaders such as Thierno Seydou LY engaging with a suite of project developers and investors. We commend Petrosen’s commitment to ‘The African Energy Renaissance,’ and look forward to the discussions Thierno Seydou LY will drive at this year’s event,” states NJ Ayuk, Executive Chairman of the AEC.

AEW is the AEC’s annual event uniting African energy stakeholders with global investors to discuss the future of African energy. For more information about AEW 2023, visit www.AECWeek.com

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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