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Sonatrach’s Vice President for Gas Liquefication to Shape Energy Sustainability Discussions at African Energy Week (AEW)

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Nassr-Edine Fatouhi

Nassr-Edine Fatouhi, Vice President of Gas Liquefaction at Sonatrach has confirmed his participation at African Energy Week 2023 where he will shape conversations around Algeria and Africa’s untapped gas potential in driving the stability of the global energy market

JOHANNESBURG, South Africa, October 20, 2023/APO Group/ — 

The African Energy Chamber (AEC) (www.EnergyChamber.org) – the voice of the African energy sector – is pleased to announce the participation of Nassr-Edine Fatouhi, Vice President of Gas Liquefaction at Sonatrach – the national oil company (NOC) of Algeria – at this year’s African Energy Week (AEW) conference and exhibition.

Taking place from 16 – 20 October in Cape Town, AEW 2023 will host Fatouhi in high-level panel discussions around investment and partnership opportunities across Algeria’s burgeoning natural gas and liquefied natural gas (LNG) sectors.

Representing one of the world’s largest natural gas and LNG producers and exporters, Fatouhi’s participation at AEW 2023 will play a crucial role in shaping the dialogue on best practices that will propel Africa’s energy renaissance, with a particular emphasis on gas developments. This participation centers on vital themes including energy security, decarbonization, and affordability, collectively driving the continent’s sustainable energy agenda forward.

As the seventh largest gas consortium globally and Africa’s largest gas company, Sonatrach stands as a pivotal contributor to the sustainable growth of the global energy industry. While the demand of energy continues to expand globally, Sonatrach’s operations continue to position Africa as a key contributor to global energy security. The company is a key energy supplier to international markets including Europe and the Asia Pacific. In 2021 and 2022, through the works of Sonatrach, Algeria ranked as Europe’s second LNG exporter as the bloc faced disruptions to supply chain due to the Russian-Ukraine war.

As Algeria and Africa prioritize the responsible development and efficient utilization of their gas resources for sustainable growth, Sonatrach stands at the forefront of the continent’s industrial expansion.

The company has forged strategic partnerships with prominent global energy stakeholders and investors, with a shared goal of accelerating the development and monetization of Algeria’s abundant reserves, which include 159 trillion cubic feet of natural gas. This comprehensive effort also extends to the revitalization of Algeria’s entire energy value chain.

As Sonatrach continues to advance its growth both domestically and internationally, Fatouhi’s participation at AEW 2023 stands as a transformative opportunity

In the first half of 2023 alone, Sonatrach announced the discovery of ten new oil and gas deposits, a significant milestone in the context of the firm’s ambitious $40 billion investment plan for the 2023-2027 period.

In July, Sonatrach further bolstered its profile by entering into a strategic agreement with TotalEnergies for the development of Algeria’s hydrocarbon-rich Tin Fouyé Tabankort II (TFTII) and Tin Fouyé Tabankort Sud (TFT sud) gas fields, while also enhancing its LNG capabilities.

Sonatrach’s expertise extends beyond Algeria’s borders, influencing industry expansion in regional and global markets, including Tunisia, Libya, Mauritania, Mozambique, Angola, Nigeria, Italy, Spain, Portugal, England, the Netherlands, and Peru. In early August, the company, in collaboration with partners Eni and bp, successfully resumed operations in Libyan gas potential blocks, marking a significant milestone after a 20-year force majeure declaration.

In the downstream sector, Sonatrach plays a pivotal role in fostering the expansion of the African market. It operates Africa’s largest gas refineries and is a significant investor in new ventures. In June, the NOC awarded Petrofac a substantial $1.5 billion contract for the development of the Arzew Industrial Complex in western Algeria. This strategic move aligns with Sonatrach’s commitment to meeting the surging demand for LNG and other petrochemicals, both domestically and across the broader regional and international markets, including Europe and the Asia Pacific.

Furthermore, the company is actively engaged in several significant downstream projects, including the construction of the HMD 3 refinery, the PDHPP project, as well as the development of Skikda Conversion and Steam Cracker downstream facilities.

As Sonatrach continues to advance its growth both domestically and internationally, Fatouhi’s participation at AEW 2023 stands as a transformative opportunity. It provides the Vice President with a strategic platform to engage with African and global counterparts, facilitating discussions and the potential signing of industry-defining agreements.

“Sonatrach’s expertise and strategic investments have been transformative across the entire global hydrocarbons and energy value chain. The company has solidified its position as a crucial supplier of gas and LNG on a global scale, even amid significant market disruptions resulting from the COVID-19 pandemic and the Russian-Ukraine conflict. As global energy demand experiences a resurgence, Sonatrach’s role in shaping the expansion and sustainability of the global energy market only continues to grow.,” stated NJ Ayuk, the Executive Chairman of the AEC.

AEW 2022 unites African energy stakeholders with investors and international partners to drive industry growth and development and promote Africa as the destination for energy investments. Key organizations such as the African Petroleum Producers Organization, as well as African heavyweights including Equatorial Guinea and Nigeria, have partnered with AEW, strengthening the role the event will play in Africa’s energy future.

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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