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Technip Energies, COS Petrogaz Partnership is a Step Towards Domestic Gas Market Growth in Senegal

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Technip Energies

Technip Energies has partnered with COS Petrogaz to accelerate gas development in Senegal, a move that is welcomed by the African Energy Chamber

JOHANNESBURG, South Africa, May 25, 2022/APO Group/ — 

Engineering services and technologies company, Technip Energies, has signed a Memorandum of Understanding (MoU) with COS Petrogaz – the agency tasked with the definition, supervision, evaluation and control of implementation of state policy in oil and gas projects in Senegal. The MoU will see the two organizations collaborating in the fields of Liquefied Natural Gas (LNG), carbon free energy solutions and decarbonization as both Technip and COS Petrogaz move to accelerate gas development in Senegal within an energy transition energy landscape.

As per the terms of the MoU, the Technip and COS Petrogaz teams will work together towards improving knowledge and technology transfer related to water, oil and gas treatment process engineering; different types of onshore platforms and installations; and offshore gas field development concepts, with Technip tasked with conducting studies set out by COS Petrogaz’ overall gas development strategy. Additionally, the partnership aims to investigate the energy transition, with workshops and skills transfer initiatives broadening knowledge and skills regarding energy transition-related concepts. As the MSGBC region gradually positions itself as a globally competitive gas economy, the MoU will be instrumental in accelerating the adoption and monetization of gas.

Representing the voice of the African energy sector, the African Energy Chamber (AEC) welcomes the MoU, viewing the agreement and partnership as a critical step towards improving gas monetization and domestic utilization. While projects such as the $4.6 billion Greater Tortue Ahmeyim (GTA) project – the deepest offshore development in Africa, set to unlock up to 15 trillion cubic feet of gas reserves – and 100,000 barrel per day Sangomar oil project are set to transform the regional energy landscape, the MoU goes one step further to apply local content and capacity building to ensure domestic market growth and beneficiation.

Through the MoU, Technip and COS Petrogaz have placed the development of the local workforce and market at the center of the country’s gas expansion

The MoU centers on the need to scale up the domestic workforce through skills and technology transfer, recognizing the role local content plays in driving socioeconomic growth in Africa. While large-scale project developments in Senegal significantly improve energy security, the MoU ensures such developments translate into tangible benefits for the local population, a key step towards making energy poverty history by 2030. Currently, Technip is in charge of upgrading the SAR-owned Mbao refinery and has recently been awarded the engineering, procurement, construction, installation and commissioning contract for the GTA floating production storage and offloading unit. Now, with the MoU, Technip will be strengthening its presence in Senegal while taking on a leading role regarding local content within the natural gas sector. 

“We are very pleased to collaborate with COS Petrogaz in order to support Senegal in its gas development projects and in its objective of achieving a fair and equitable energy transition,” stated Marco Villa, COO, Technip Energies in a press release issued by the company, adding that, “This new collaboration illustrates our firm commitment to be at Senegal’s side in the implementation of its global energy and industrial development strategy.”

Well on its way to become a major player in the global gas space, led by institutions such as COS Petrogaz, Senegal has placed the development of the domestic gas market as a top priority. The country is set to witness unprecedented economic growth on the back of gas and by ensuring the right policies are in place, MoU’s are established, and stakeholders are engaged, COS Petrogaz is leading the sector into a new era of energy security, domestic market improvement and socioeconomic upliftment.

“The MoU signed between Technip Energies and COS Petrogaz will not only be critical for Senegal’s energy industry but can serve as a blueprint for other companies and state institutions from across the African energy sector. Senegal is making considerable progress to advance its natural gas industry with the development of large-scale projects, but it is the country’s local content drive that significant advancements will be seen and should be commended. Through the MoU, Technip and COS Petrogaz have placed the development of the local workforce and market at the center of the country’s gas expansion, while at the same time improving gas monetization in a bid to kickstart socioeconomic growth,” states NJ Ayuk, Executive Chairman of the AEC.

Distributed by APO Group on behalf of African Energy Chamber.

Business

Invest in African Energy (IAE) 2027 in Paris Strengthens Its Role as Africa’s Premier Capital Allocation and Deal-Making Platform

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Etu Energias

The Invest in African Energy Forum – taking place in Paris from 11–13 May 2027 – expands its role as a leading platform for energy investment, convening governments, operators and institutional capital to originate, structure and finance projects across Africa

CAPE TOWN, South Africa, July 7, 2026/APO Group/ –The Invest in African Energy (IAE) 2027 Forum will return to Paris for its fifth edition, strengthening its focus on investment, capital mobilization and deal-making across the full energy value chain. Confirmed for 11–13 May, IAE 2027 will bring together governments, national oil companies, operators and institutional capital to originate, structure and finance energy projects across Africa.

 

Building on the momentum of the 2026 edition, which attracted over 300 companies from more than 50 countries and facilitated three major upstream deal signings across frontier African markets, IAE 2027 further expands its investment offering against a backdrop of rising upstream discoveries, infrastructure needs and power demand alongside fragmented capital flows. The forum is designed to bridge that gap by convening ministries, development finance institutions, export credit agencies, sovereign wealth funds, infrastructure investors, private equity and commercial lenders in curated deal environments focused on execution.

The 2027 edition will be anchored by a dedicated G2B Investment Origination Day, where governments and national oil companies present structured opportunities including licensing rounds, upstream farm-ins and national energy pipelines. The Transaction Suite will serve as a curated deal room where sovereigns and operators present assets directly to qualified investors, while Investor Circles will bring together development finance institutions, sovereign wealth funds and commercial banks to focus on capital structuring, blended finance and risk mitigation tools required to unlock investment at scale.

Now returning for its fifth edition, IAE 2027 reflects the forum’s continued evolution as a leading investment platform

A flagship Ministerial Capital Roundtable will convene African energy ministers and regional organizations to address fiscal frameworks, regulatory stability and investment conditions required to mobilize capital at scale. Alongside this, a CapEx Pipeline Forum, supported by development finance institutions and export credit agencies, will focus on financing LNG developments, pipelines, power systems and cross-border energy corridors.

“Now returning for its fifth edition, IAE 2027 reflects the forum’s continued evolution as a leading investment platform. Building on the strong foundation established over the past four editions, this year’s program expands the opportunities for governments, operators and investors to engage in structured environments where projects advance, partnerships are formed and financing decisions move forward. Our objective remains the same: to turn opportunity into financed and deliverable energy assets,” said Nadine Levin, Portfolio Director at Energy Capital & Power.

The program will maintain a strong upstream foundation through an Exploration & Discovery Investment Forum focused on de-risking frontier development using advanced technologies including AI-enabled subsurface imaging and data-driven exploration, alongside the growing role of national oil companies and domestic operators in upstream investment, gas monetization and domestic energy expansion.

Beyond upstream, the Grid Convergence Forum will address gas-to-power integration, hybrid industrial energy systems and regional electricity markets. On the final day, the Commodities & Capital Allocation Forum will convene global trading houses, insurers and financial institutions to examine how commodity flows, risk pricing and insurance mechanisms shape capital deployment into African energy projects, alongside sessions on export credit agency support and mega-project finance for FLNG, offshore developments and cross-border pipelines.

By integrating sovereign deal origination, structured investor engagement and capital allocation frameworks into a single platform, IAE 2027 further strengthens its role as a three-day investment environment where projects are advanced, partnerships are structured and capital commitments are actively pursued. It positions Paris as a central hub for African energy investment at a time when the sector’s defining challenge is converting opportunity into bankable projects and financed execution.

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

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Business

JustMarkets Launches Browser-Based Web Terminal for MT5 Trading

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MT5

The new browser-based terminal enables MT5 account holders to access trading tools without installing software, expanding the broker’s trading ecosystem

JOHANNESBURG, South Africa, July 7, 2026/APO Group/ –Global multi-asset broker JustMarkets (https://JustMarkets.com/) has launched its Web Terminal, a browser-based trading platform that enables clients to access their MT5 accounts directly through a web browser without downloading or installing additional software. The terminal is available to clients across all countries where the broker operates.

The Web Terminal was introduced following a preparation period that included technical optimization and user testing aimed at improving platform performance and usability before its public release.

Now every client can trade directly from their browser, with all the professional tools they need at their fingertips

Designed for MT5 accounts, the browser-based platform provides traders with access to a full trading environment from any compatible device. Users can access the terminal by selecting their trading account, clicking the “Trade” button, and choosing the “JustMarkets Terminal” option.

The Web Terminal includes a range of built-in trading features, including advanced charting tools with technical indicators, flexible trade volume settings, detailed information for tradable instruments, real-time market sentiment data, trading schedule and margin updates, and tools for managing multiple positions and pending orders through a single interface.

Commenting on the launch, a JustMarkets representative said: “At JustMarkets, we never stop evolving. With the Web Terminal, we wanted to remove every barrier between traders and the markets. Now every client can trade directly from their browser, with all the professional tools they need at their fingertips.”

The launch follows the introduction of the JustMarkets mobile trading application and marks another step in the company’s efforts to expand its trading ecosystem with browser-based solutions and additional trading tools.

Distributed by APO Group on behalf of JustMarkets.

 

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Events

Shanghai – New York: to Become a Benchmark for China-U.S. Subnational Cooperation

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New York

SHANGHAI, CHINA – Media OutReach Newswire – 7 July 2026 – On June 30, 2026, New York time, the launch ceremony and New York Forum for OUR WATER Season 3 were successfully held at Bloomberg Headquarters in New York. This event, themed “Rivers of Opportunities”, focused on the shared certainties of Shanghai and NYC, anchoring growth through open cooperation and reshaping the future through innovation and resilience.

Co-hosted by Bloomberg L.P., the Forum was attended by Michael R. Bloomberg, Founder of Bloomberg L.P. and Bloomberg Philanthropies; Tang Zhiwen, Minister, Embassy of the People’s Republic in the United States of America; Ma Xiaoxiao, Deputy Consul General of the People’s Republic of China in New York; Chen Yiqun, Director-General of Information Office of Shanghai Municipality, and Hu Minghua, President of Shanghai United Media Group and over 200 guests from the political, business, finance and cultural sectors of China and the United States. The forum is dedicated to exploring the openness and similarities between Shanghai and New York to identify a shared framework of certainties among global hub cities.

The two cities share distinct advantages in sectors such as finance and trade, while also facing common challenges in urban renewal, low-carbon development, and digital transformation. Candid and open dialogue is essential for mutual learning, and it will also inject stability into China-U.S. relations.

On the topic of how global capital understands the Chinese market, a panel titled “Investing in China, Winning the Future” featured Chinese and international guests discussing how the appeal of Chinese assets is shifting from traditional growth narratives to AI, high-end manufacturing, financial opening-up, and institutional market development. As a hub for financial opening-up, an asset allocation center, and a cluster for innovative enterprises, Shanghai has become a crucial gateway linking international capital with opportunities in China.

Consumption is one of the most dynamic topics between China and the U.S. At the second panel of “Opportunies in emerging Consumer Markets”, moderated by Bloomberg Television host David Westin, panelists observed that the consumer vitality of Shanghai and New York stems not only from market size but also from their ongoing ability to create experiences, understand people, and activate urban spaces.

Besides the forum, the New York series of events for OUR WATER Season 3 also includes: West Meets East·Shanghai & New York 2026 – A Polaroid 20×24 Special Exhibition; Chinese Opera: A Century of Dreams – An Exhibition of Art Design and Technology; An Exhibition themed Shanghai’s “One River, One Creek” and Jing’an CAZ China-U.S. Business Leaders Dialogue in New York.

These events shape a tangible and immersive waterfront narrative, allowing Shanghai and New York—two super metropolises that have thrived on water—to resonate in harmony through dialogue. As Minister Tang Zhiwen stated in his address, Shanghai and New York, are expected to become benchmarks for subnational cooperation between China and the United States, and to make new contributions to fostering a “constructive China-U.S. relationship of strategic stability.”

 

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