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Strategic Investments: How Angola Oil & Gas (AOG) Deals are Transforming Angola’s Oil & Gas Industry

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Since its debut in 2019, the Angola Oil & Gas conference has served as a catalyst for industry-changing agreements, driving progress and innovation across the sector

LUANDA, Angola, January 28, 2025/APO Group/ — 

Since its inception in 2019, Angola Oil & Gas (AOG) has evolved from an industry dialogue platform into the country’s premier forum for deal-signing and partnerships. Now recognized as Angola’s largest oil and gas gathering, the event has facilitated investments across the energy value chain while fostering public-private partnerships and cross-border collaboration.

The upcoming 2025 edition of AOG, set to be launched at a reception event in Luanda on January 28, aims to continue this trajectory of growth. With an intensified focus on deal-making, the event seeks to connect capital to projects, drive collaboration and catalyze a new era of industry expansion in Angola. Below is an overview of previous deals signed at the last five editions of the AOG conference: 

AOG 2024: Coordinating Cross-Border Development

The latest edition of the AOG conference – held in Luanda in 2024 – featured five deals, signed by a suite of private companies and regional governments. Angola’s Ministry of Mineral Resources, Petroleum and Gas signed new terms for the development of Block 14 with the Democratic Republic of Congo’s (DRC) Ministry of Hydrocarbons; the respective finance ministries of Angola and the DRC signed a cooperation agreement; while Angola’s upstream regulator the National Oil, Gas & Biofuels Agency (ANPG) and its Mozambican counterpart the National Petroleum Institute signed a deal for the development of joint projects. Sonangol, Conjuncta, CWP and Gauff signed a green hydrogen deal, while Famar and Angobetumes signed an MoU for fuel storage management.

AOG 2023: Advancing Industry Cooperation

A record seven deals were signed during AOG 2023, improving collaboration across the upstream, downstream and knowledge sharing segments. Azule Energy and Sonangol signed a deal to collaborate on decarbonizing the oil and gas sector; Ambipar and Kini Energias signed a partnership agreement for the installation of an industrial unit for the assembly and testing of waste suction equipment; Etu Energias signed a Technical Services Agreement with SLB for works related to Block 2/5; and an MoU was signed between Protteja Seguros and Petromar, outlining a business partnership. Additionally, the ANPG signed agreements with three Angolan universities – Universidade Agostinho Neto, the Catholic University of Angola and Instituto Superior Pliténico de Tecnologias e Ciências – to establish a cooperation program to provide technical support for energy development in Angola. 

AOG 2022: Boosting Regional Ties

Three deals were signed during the 2022 edition of AOG, all of which centered on strengthening regional collaboration in the oil and gas industry. Angola’s Ministry of Mineral Resources, Petroleum and Gas signed an MoU with Namibia’s Ministry of Mines and Energy to enhance bilateral cooperation in the oil and gas sector; an agreement was signed between Equatorial Guinea’s Ministry of Mines and Hydrocarbons and the DRC’s Ministry of Hydrocarbons to strengthen existing synergies across the energy value chain; while the ANPG signed a deal with Sierra Leone’s Petroleum Directorate to establish a shared commitment to promoting and intensifying collaboration across the oil and gas industry. These agreements highlight AOG’s role as a platform for regional actors to bolster cooperation and cross-border ties.

AOG 2021: Attracting Investment in Exploration

Angola’s upstream regulator the ANPG launched the country’s 2021 Bid Round during the AOG event, incentivizing exploration in deepwater Angola. This followed the closing of the 2020 tender for onshore blocks in the Lower Congo and Kwanza basins. The launch also coincided with the announcement of a new open-door mechanism to deal with prospective investors. This system allows for direct negotiation between oil and gas operators and the ANPG, enabling investment outside of the confines of a traditional licensing structure.

AOG 2019: Supporting Infrastructure Development

Five deals were signed during the inaugural AOG conference in 2019, underscoring the event’s role as a platform for collaboration. United Shine and Sonangol signed a partnership agreement for the construction of the Cabinda Refinery; an MoU was signed between NFE International, Angola’s Ministry of Energy and Water Resources, Ministry of Mineral Resources, Petroleum and Gas and Ministry of Finance for the development of an LNG import and regasification terminal; a Commitment Agreement was signed between the ANPG and ExxonMobil for Block 15; while a Heads of Agreement was signed between Sonangol and Eni. Additionally, Sonangol E.P announced Kinetics Technology as the winner of a contract covering the construction of the Gasoline Production Unit for the Luanda Refinery.

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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