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Third Edition of MSGBC Oil, Gas & Power Kicks Off in the Islamic Republic of Mauritania

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The third edition of the MSGBC Oil, Gas & Power conference – which is organized by Energy Capital & Power – features two days of high-level discussions in tandem with a wealth of networking opportunities

NOUAKCHOTT, Mauritania, November 21, 2023/APO Group/ — 

The MSGBC region’s premier energy event – MSGBC Oil, Gas & Power 2023 (https://apo-opa.co/3MVbSlj) – officially opened on Tuesday in Nouakchott, the Islamic Republic of Mauritania, with an opening ceremony attended by Mauritanian President Mohamed Ould Cheikh El Ghazouani. The ceremony laid the foundation for two days of dialogue and deals, with industry leaders providing forward-looking remarks about the future of the MSGBC energy market.

“The energy sector in Mauritania has been successful in implementing a policy that will make Mauritania a producer and exporter of natural gas to the rest of the world,” stated Nani O. Chrougha, Minister of Petroleum, Mines and Energy of the Islamic Republic of Mauritania. “Implementing this vision needs a lot of work on different scales, including bringing investment, improving the business environment, and improving skills, along with governance and infrastructure that are in place.”

At a time when global demand is on the rise, MSGBC energy stands to play a much larger role in supplying the world. According to Eng. Mohamed Hamel, Secretary General, Gas Exporting Countries Forum, “Looking ahead, the demand for energy is projected to further increase underpinned by global population growth. Satisfying this growing energy mix while simultaneously reducing emissions requires pragmatic approaches.” He added that GECF “looks to Mauritania with great anticipation as it embarks on enhancing its natural resources for the betterment of its people.”  

Going forward, securing financing for the development of these reserves is challenging owing to the global energy transition. Dr. Omar Farouk Ibrahim, Secretary General, African Petroleum Producers Organization (APPO), shared insights into how the organization is supporting African countries finance hydrocarbon projects.

The energy sector in Mauritania has been successful in implementing a policy that will make Mauritania a producer and exporter of natural gas to the rest of the world

He stated that, “At APPO, we are working on ensuring that Africa’s dependence on external sources of funding for oil and gas is put to an end. We are working with Afreximbank to establish an African Energy Bank. Two weeks ago, we approved the timeline and this bank should come online in the first half of next year. We are also working on research centers in Africa.”

To attract foreign capital and strengthen the competitiveness for investment, regional countries enacted a series of regulatory reforms, all of which have been pivotal for getting large-scale projects off the ground. NJ Ayuk, Executive Chairman of the African Energy Chamber, remarked that in Mauritania, “Great fiscals and an enabling environment has opened the door for many new investors as well as gas development, hydrogen development and solar and wind.”

As such, and in collaboration with global investors and regional counterparts, countries including Senegal and Mauritania are developing large-scale projects while The Gambia, Guinea-Bissau and Conakry are introducing licensing rounds and policies aimed at securing investment. Two major developments are coming online next year – the 2.3 million ton per annum (mtpa) Greater Tortue Ahmeyim (GTA) project and the 100,000 barrel per day Sangomar oilfield development – while progress continues at the Sandiara Gas-to-Power facility and the 8 mtpa Mauritanian green hydrogen hub. 

According to Gordon Birrell, EVP Production & Operations at bp, “GTA is 90% complete and we are very close to achieving first gas.” Birrell believes that GTA is both ambitious and critical, and that, “GTA is a great energy project for many reasons: it has great scale, great complexity and great significance for Mauritania and the world.”

Similarly, Mark Crandall, Founder and CEO of CWP Global – the company driving Mauritania’s $34 billion green hydrogen development – considers Mauritania to be “a very exciting place to work.” Providing insight into the green hydrogen project, he stated that, “We are going to install thousands of wind turbines and hectares of solar. We will produce over 100 TWh of power – that’s over 100 times what Mauritania is using today. Whatever is not needed here, it will be exported and enrich Mauritania through exports.”

Under the theme, Scaling Energy Opportunities in Africa’s New Frontiers, the conference represents the only energy forum focused on the entire MSGBC energy sector and its value chain. With the opening remarks, the 2023 edition of the conference officially kicked off.

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

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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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Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

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As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

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

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Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

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The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

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

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