The AOG 2024 awards recognizes and celebrates the outstanding achievements of companies active in the Angolan oil and gas industry

LUANDA, Angola, September 5, 2024/APO Group/ — 

Angola’s premier industry event, the Angola Oil & Gas (AOG) conference and exhibition, will once again host the AOG Awards, an event dedicated to celebrating the achievements of oil and gas companies active in Angola.

Nominations are officially open. Professionals, organizations and experts are invited to submit their nominations for the various award categories, all of which are designed to celebrate excellence in project development, exploration, innovation and leadership. Visit www.AngolaOilAndGas.com.

AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber, the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

Game Changer of the Year

The Game Changer of the Year Award honors a company revolutionizing Angola’s oil and gas value chain through innovative technologies, methodologies or strategies, significantly impacting the industry and setting new standards for future progress.

Explorer of the Year

The Explorer of the Year Award honors a company that has demonstrated exceptional expertise and success in exploration activities within Angola’s oil and gas sector. This award celebrates significant discoveries, innovative exploration techniques and the strategic vision that has led to unlocking new resources and expanding the country’s potential.

Local Company of the Year

The Local Company of the Year Award recognizes the outstanding achievements of an Angolan-owned company that has demonstrated excellence, resilience and growth within the oil and gas industry. This award celebrates a company that has not only excelled in its business operations but has also contributed to the development of local content, created employment opportunities and fostered sustainable practices.

Lifetime Achievement Award

The Lifetime Achievement Award honors an individual or company that has made extraordinary contributions to Angola’s oil and gas industry over an extended period. This prestigious award celebrates a career marked by visionary leadership, innovation and a profound commitment to the growth and development of the sector.

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

Appointed in April, Minister of Oil & Gas Dr. Khalifa Abdulsadek will outline the country’s exploration and development agenda at African Energy Week: Invest in African Energy 2024

CAPE TOWN, South Africa, September 4, 2024/APO Group/ — 

Ahead of an anticipated 2025 oil and gas licensing round, Libya is looking to attract foreign investment to its onshore exploration prospects and production infrastructure. Dr. Khalifa Abdulsadek, newly-appointed Minister of Oil & Gas of Libya, will deliver a keynote address at the African Energy Week (AEW): Invest in African Energy conference in Cape Town, outlining the development agenda of one of Africa’s most historic oil producers.  

Libya has set a target to produce two million barrels of oil and four billion cubic feet of natural gas per day within the next three to five years. To achieve this goal, the country is investing between $17 and $18 billion to develop 45 greenfield and brownfield projects, coupled with ongoing exploration campaigns and a recent onshore gas discovery by Sirte Oil. In addition, Libya is preparing to launch an oil and gas licensing round in the Murzuq, Ghadames and Sirte basins in early-2025 and has already attracted interest from more than 30 companies in its marginal assets alone. Appointed as Minister of Oil & Gas in April 2024, Dr. Abdulsadek contributes over 20 years of experience in the oil and gas sector and is set to guide Libya on its path to increased production, having previously served as the CEO of local service provider Murzuq Oil Services and Member of Libya’s National Oil Corporation (NOC) Board of Directors for Exploration.  

As one of the most historic producers in Africa, Libya is revamping its upstream sector by targeting untapped gas supplies to take advantage of rising gas demand in nearby-Europe

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event. 

To support gas production and eliminate routine flaring, Libya is launching a robust gas monetization drive. In 2023, NOC and Italian multinational Eni signed an $8-billion gas production deal to develop two offshore gas fields – Structures A & E – with a view to producing 750 million cubic feet of gas per day. The project represents the first major offshore development in Libya in more than two decades and is set to increase gas supply to domestic and European markets when it comes online in 2026. A consortium comprising Eni, France’s TotalEnergies and Abu Dhabi National Oil Company is also developing and exploring oil and gas fields in the NC-7 block in the Ghadames Basin, targeting 2.7 trillion cubic feet of gas to boost domestic production. Finally, Libya is spearheading 12 new projects to reduce and convert flared gas to green ammonia and power for export, and is currently seeking technical and financial partners to advance decarbonization initiatives.   

“As one of the most historic producers in Africa, Libya is revamping its upstream sector by targeting untapped gas supplies to take advantage of rising gas demand in nearby-Europe, coupled with ongoing exploration campaigns and a 2025 bid round that invites new participants. Minister Abdulsadek is already demonstrating a resolute commitment to showcasing a ‘New Libya’ to the international energy community through his participation at this year’s AEW conference,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.  

Ongoing exploration and development opportunities in the continent’s mature markets – including Libya – will be a key focus of the upcoming AEW: Invest in African Energy conference taking place on November 4-8. With the confirmation of Minister Dr. Abdulsadek, the event is expected to feature a high-level delegation of Libyan policymakers and business leaders seeking to connect with global investors and technology and service providers and unlock Libya’s investment prospects.

Distributed by APO Group on behalf of African Energy Chamber.

Taking place during this year’s conference, the AEW: Invest in African Energy awards celebrate the innovators, trailblazers and changemakers shaping the future of Africa’s energy sector

CAPE TOWN, South Africa, September 4, 2024/APO Group/ — 

Africa is expected to more than double its share in the global natural gas market by 2050 while increasing its renewable energy capacity four-fold by 2030. Concurrently, the continent’s greenfield spending will boom in the coming decade, reaching $37 billion by 2025 and $50 billion by 2030. This growth underscores both the potential of the continent’s energy market and the commitment of companies to maximize its resources.  

On the back of this growth, the continent’s largest energy event – African Energy Week (AEW): Invest in African Energy – announces the nominees for this year’s award ceremony. Taking place during the event week from November 4-8, the award ceremony recognizes the companies who are spearheading the development, innovation and growth of Africa’s energy industry.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

ESG Leader of the Year

With ESG principles at the forefront of Africa’s natural resource development, this award recognizes champions who protect and promote local populations while ensuring fair and safe operations. It honors outstanding achievements and leadership in embedding sustainability principles and responsible business practices within the sector, showcasing a commitment to environmental stewardship, social responsibility and robust corporate governance. The nominees are:

• TotalEnergies
• bp
• Sonangol
• SLB

Service Provider of the Year

The Service Provider of the Year award celebrates an exceptional service provider that has demonstrated outstanding commitment and innovation in supporting Africa’s energy industry. The award honors service providers who have demonstrated a deep understanding of the industry’s challenges and opportunities, offering tailored solutions that drive efficiency, productivity and sustainability in the energy sector. The nominees are:

• Africa Global Logistics
• NOV
• Bell Oil and Gas
• Technip Energies

Deal of the Year

The Deal of the Year award recognizes the most transformative and impactful deal in the energy sector ­– honoring excellence in negotiation, strategic alignment, innovation and collaboration ­– and celebrates deals that drive advancements in energy and economic growth. The nominees are:

• Renaissance Africa: SPDC acquisition in Nigeria
• Gabon Oil Company: Assala Energy acquisition in Gabon
• Oando PLC: AGIP acquisition in Nigeria
• Etu Energias acquisition of Galp Energias’ offshore blocks in Angola

Local Content Champion of the Year

This award celebrates an organization that has demonstrated exceptional dedication and success in promoting and implementing local content initiatives in Africa’s energy sector. The award recognizes champions who have gone above and beyond to ensure that the benefits of the energy industry are shared equitably, fostering inclusive growth and prosperity across the continent. The nominees are:

• Africa Global Logistics
• McDermott
• Perenco
• EG LNG
• Technip Energies

Reformer and Change-Maker of the Year

This esteemed award honors a government or public sector entity that has demonstrated exceptional leadership and commitment to reforming the energy sector in Africa. It recognizes the efforts of governments and public sector institutions that have driven change, fostering an enabling environment for energy growth, economic development and social progress. The nominees are:

• South African National Energy Development Institute
• Ministry of Hydrocarbons, Republic of the Congo
• Ministry of Mineral Resources, Oil & Gas, Angola
• Ministry of Mines and Energy, Namibia
• Ministry of Petroleum and Mineral Resources, Egypt

E&P Leader of the Year

Recognizing outstanding leadership and innovation in upstream exploration and production, this award honors individuals driving new production and discoveries in Africa’s energy sector. Nominees demonstrate exceptional vision and operational excellence in unlocking the continent’s hydrocarbon potential. The nominees are:

• Galp
• Woodside Energy
• Eni
• ExxonMobil

Gas Monetization Award

This award recognizes companies and projects revolutionizing gas monetization in Africa to bridge the energy poverty gap. It honors innovative strategies and successful commercialization efforts that demonstrate outstanding leadership in maximizing the value of gas resources. The nominees are:

• Congo LNG
• Perenco
• EG LNG
• NLNG
• Sonatrach

Geoscience and Data Management Project of the Year

This award recognizes outstanding projects that have demonstrated excellence in geoscience and data management, contributing significantly to the advancement of Africa’s energy sector. The award honors projects that have set new standards in subsurface understanding, data-driven decision making and digital transformation, paving the way for a more sustainable and prosperous energy future in Africa. The nominees are:

• TGS/PGS
• Shearwater
• Viridien – formerly CGG

The AEW: Invest in African Energy Award winners will be announced during this year’s award ceremony. The event aims to celebrate the ongoing contributions by energy companies, investors and individuals to driving projects forward and unlocking long-term benefits for African countries.

Distributed by APO Group on behalf of African Energy Chamber.