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Robust and Technical Dealmaking On The Horizon For African Energy Week (AEW) 2023 – Africa Energy Chamber’s (AEC) NJ Ayuk

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African Energy Week

By Boris Esono Nwenfor, Pan African Visions

CAPE TOWN, South Africa, February 2, 2023/APO Group/ — 

In a vote of thanks following the successful organization of the Invest in African Energy event on 26 January 2023 at the Waldorf Hotel in London, NJ Ayuk, Executive Chairman of the Africa Energy Chamber, AEC, says more robust and technical dealmaking is expected at the 2023 edition of the African Energy Week, AEW.

Attended by over 500 people the high-powered event allowed stakeholders to engage in private meetings with several high-level government and company representatives from the African energy market.

“British hospitality was evident throughout the event, with unprecedented commitments to invest in Africa’s burgeoning energy sector. We thank you for the advice and insights you have shared with us on how to accelerate Africa’s transformational energy developments,” said NJ Ayuk, Executive Chairman of the Africa Energy Chamber, AEC.

“We believe that for Africa to make energy poverty history among its population by 2030 – while contributing to global energy security and a just and inclusive energy transition, on the back of optimal development and exploitation of vast energy resources including oil, gas, hydrogen and renewables – we need to do it together. We have listened and we are committed to growing together.”

NJ Ayuk added: “Investing in African Energy and driving free enterprise is not something the AEC can do alone. We need every person who believes in the free enterprise values of individual initiative, hard work and freedom of choice to stand with us. We need you to spread the word in your communities and remind people that free enterprise and oil and gas — even with their flaws — have done more to improve our condition than any other economic and energy system.”

According to Rystad Energy – “Energy Addition for Africa” – Sub-Saharan Africa holds 140 billion barrels of oil equivalent, of which only one-third is developed and two-thirds of undeveloped resources are natural gas. New investment in oil and gas exploration and production is necessary, not only to maximize recent discoveries along Africa’s 40,000-km coastline but also to meet rising energy demand globally and stabilize price hikes.

“Africans want to partner with UK businesses and financial institutions. Why? They want to partner because the UK has demonstrated its commitment to democracy, the rule of law and strong government institutions. 2022 was a difficult year for many Africans, but I remain optimistic that better days lie ahead, if only we return to the free enterprise principles that have served us so well,” NJ Ayuk added.

We need every person who believes in the free enterprise values of individual initiative, hard work and freedom of choice to stand with us

“While the energy crisis across Europe is threatening jobs and economic developments – and energy poverty in Africa, especially in South Africa where blackouts have become the norm and the downfall of Africa’s manufacturing powerhouse, disrupting the continent’s socioeconomic developments – now more than ever is the time for UK investors and energy companies to maximize energy partnerships with Africa.”

The Chamber believes that now is the time to optimize and ensure the sustainable development and exploitation of Africa’s oil and gas resources. The Chamber is committed to continuing its partnership with African policymakers and UK investors and partners to create an enabling environment and facilitate Africa’s energy sector expansion.

The third edition of African Energy Week is billed for October 16-20

Following a successful 2022 edition where $2.5 billion worth of deals to enhance Africa’s energy landscape were signed, AEW 2023 will be bigger and better, according to the Executive Chairman of the Africa Energy Chamber.

The 2023 edition of the African Energy Week conference and exhibition – Africa’s premier event for the energy sector, will be held from October 16 – 20 in Cape Town as the AEC continues to be a leading voice in shaping and accelerating African energy developments.

“The AEC will continue to campaign for increased investments and private sector participation, and drive market liberalization of Africa’s energy sector by hosting many Invest in African Energy dialogues and deal signings with UK and African policymakers, private sector partners, energy stakeholders and investors,” said NJ Ayuk.

“We would like you to continue to engage with our team throughout this year, as we promise more robust and technical dealmaking at AEW 2023. With the Invest in African Energy event in London a success, our road to Cape Town – where vast investment and partnership opportunities across Africa’s hydrocarbon-rich basins for global energy firms and investors will be showcased – started in London.”

The AEC opposes any proposals to silence the voice of those who believe in free markets, limited government, and our right to drill for natural gas while rapidly developing renewables.

Link to original article: http://bit.ly/3wSDw9W

Distributed by APO Group on behalf of Pan African Visions.

Energy

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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IsDBI

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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