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Southern Africa’s Frontier Energy Developments to be Unpacked at Invest in African Energy (IAE) 2024

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European investors will access projects across LNG, gas-to-power, energy storage and green hydrogen – and associated first-mover advantages in the region – at Invest in African Energy 2024 in Paris

PARIS, France, December 8, 2023/APO Group/ — 

Frontier developments in the southern African region will be on display at the upcoming Invest in African Energy (IAE) 2024 forum in Paris, connecting European investors with Africa’s leading projects. The region is home to several new and emerging energy markets — namely, Mozambique, South Africa and Namibia – which offer first-mover advantages and access to transformative projects. These developments will be unpacked in further detail – and interested parties connected with the relevant project stakeholders – at the upcoming IAE 2024 in Paris next May.  

Mozambique

Mozambique has established itself as a major regional gas hub after exporting its first Liquefied Natural Gas (LNG) shipment in November 2022 under a long-term purchase and sale contract with bp. The country’s natural gas reserves are among the largest in sub-Saharan Africa and have the capacity to ease Europe’s energy supply crunch. In addition to first production from the Coral Sul Floating LNG development, Mozambique has two other large-scale projects underway – ExxonMobil’s Rovuma LNG and TotalEnergies’ Mozambique LNG – which expect first gas in 2027 and 2028, respectively. Both projects offer myriad opportunities for contracting and procurement and could stimulate new gas trade deals between Mozambique and European partners.

To ensure that gas utilization goes beyond crude gas exports, Mozambique is also implementing gas-to-power infrastructure projects to meet regional energy demand. The planned Mozambique (Cabo Delgado) to South Africa (Richard’s Bay) Gas Pipeline will supply natural gas from the Rovuma Basin to South Africa, reducing the latter’s reliance on coal-fired power generation. The Nacala LNG-to-Powership project is another key power project underway, representing the first LNG-to-power solution and floating storage regasification unit in eastern and southern Africa. Accordingly, the sector is ripe with opportunity for European investors, project developers and technology providers when it comes to grid innovation and alternative power solutions.

The region is home to several new and emerging energy markets—namely, Mozambique, South Africa and Namibia–which offer first-mover advantages and access to transformative projects

South Africa

South Africa represents a highly prospective oil and gas market, with 15 projects in the pipeline between 2023 and 2027, aimed at exploiting the country’s estimated 27 billion barrels of crude oil and 60 trillion cubic feet of natural gas. Several projects target energy storage in particular – which South Africa urgently needs to achieve a more stable energy supply – such as the 94,000-barrel Richards Bay III Oil Storage and 189,000-barrel Nelspruit Oil Storage facilities. Energy storage represents an attractive opportunity for investors, as it protects against inflation, leverages sustainable energy infrastructure and has the potential to generate significant returns in a relatively short period of time compared to traditional infrastructure. 

Several field developments are also underway, providing opportunities for drilling companies and subcontractors. The Amersfoort Field Development is set to drill 20 wells in the region, coupled with the construction of the Amersfoort gas-to-power project that uses the gas produced to power a containerized generator that will be integrated with the national grid from 2024. The Virginia Phase 2 project is another strategic integrated project set to produce commercial quantities of LNG and liquid helium for global export, while the Port of Ngqura FLNG project will involve the installation of a floating storage and regasification unit, gas-to-power infrastructure, cryogenic pipelines and terminal for the processing, storing, on-site exploitation and distribution of gas acquired from the country’s on– and offshore fields.

Namibia

A rapid succession of five major oil discoveries in the offshore Orange Basin has catapulted Namibia to the global exploration spotlight and attracted the attention of major operators. Ongoing and planned drilling activities in 2024 include a 10-well exploration and appraisal program from Shell in PEL 39, a four-well appraisal and exploration program from TotalEnergies in Blocks 2913B and 2912, a two-well campaign from Galp Energy in PEL 83 and a 12-well exploration and appraisal program from ReconAfrica in PEL 73. With a flurry of upstream activity, Namibia offers associated opportunities for drilling, EPC and other technical contractors.

In addition to being one of Africa’s leading oil and gas frontiers, Namibia has emerged as an upcoming green hydrogen hub. The country is commissioning sub-Saharan Africa’s largest green hydrogen production plant, led by Hyphen Hydrogen Energy and capable of producing 300,000 tons of green hydrogen and/or ammonia. The development will also feature wind and solar plants with a combined capacity of 7 GW. Given Europe’s interest in supporting clean energy solutions in Africa, green hydrogen is a highly prospective opportunity for European investors to engage with in Namibia. 

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

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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