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Using Energy as a Catalyst for Economic Prosperity: Namibia International Energy Conference Returns in 2024

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Taking place from April 23-25, the conference reimagines resource-rich Namibia by turning possibilities into prosperity

WINDHOEK, Namibia, February 1, 2024/APO Group/ — 

The highly anticipated Namibia International Energy Conference (NIEC) (www.NIEConference.com) is back, and this time it promises to be bigger and more impactful than ever before. The conference, scheduled to take place from April 23-25, 2024 at Droombos Estate Windhoek in Namibia, will unite government officials, private companies, investors, and thought leaders from across the globe to unlock the full potential of Namibia’s diverse energy industry.

Under the theme Reimagine Resource-Rich Namibia: Turning Possibilities into Prosperity, this year’s conference will shed light on the significant opportunities that Namibia’s recent oil discoveries and growing developments in the renewable energy have brought to the country. A strong lineup of speakers will share strategies on how to transform the country into a regional energy and investment hub, with project showcases, presentations and in-depth industry insights connecting future players to emerging Namibian opportunities.

In recent years, international energy companies and their joint venture partners have discovered valuable oil reserves, setting the stage for a transformative period in Namibia’s economy. Industry giants Shell, TotalEnergies and Qatar Energy – in partnership with state-owned NAMCOR – opened the Orange Basin with their 2022 discoveries, and just two years later, an additional four discoveries have been made. Just this year, Galp Energia’s announced two finds in PEL 83. On the back of this success, new players have entered the market, with E&P companies to the likes of Chevron preparing to drill up to 10 exploration and appraisal wells; Pancontinental and Woodside are continuing to probe Namibia’s deep waters, while ExxonMobil has increased its exploration acreage with an additional seven million acres.

Namibia’s upstream opportunities transcend offshore acreage, with companies to the likes of Reconnaissance Africa (ReconAfrica) driving onshore exploration in the Kavango Basin. The company’s exploration license in northeast Namibia covers an area of approximately 6.3 million acres, and based on commercial success, entitles ReconAfrica to obtain a 25-year production license.

Anticipating production to commence in the country by 2030, it becomes crucial to have a clear roadmap, create a conducive environment that unlocks the full potential of these resources and establish a framework ensuring comprehensive and inclusive development. The discoveries, exploration interest and promotion of green hydrogen and other energy developments has not happened in a vacuum, but rather, it has happened due to a strong focus on establishing a business-friendly environment for investors to come in. Spearheaded by the government under the guidance of President Hage Geingob, Namibia has become a highly attractive and strategic market to do business. 

As Namibia progresses towards becoming a major energy player in the region, NIEC 2024 serves as a platform to discuss strategies, share knowledge, and explore opportunities

Selma Shimutwikeni, CEO of RichAfrica Consultancy, and convenor of NIEC 2024 explained that “Namibia stands at a pivotal moment in its history. Our newfound energy resources present immense potential, but they also come with profound responsibilities. We must strategically prepare ourselves to harness the full value chain of these resources. Our theme, ‘Reimagine Resource-Rich Namibia,’ encapsulates our vision to create a prosperous, inclusive, and sustainable future for all Namibians and to position the country as a leading energy hub.”

In addition to upstream success, recent developments in Namibia’s energy sector include groundbreaking green hydrogen efforts, innovative technologies, gas-to-power infrastructure and collaborative initiatives. The country’s commitment to environmental sustainability, the growth of the renewable energy sector and long-term power generation plans has also gained international recognition. Hyphen Hydrogen Energy, for example, is working closely with the government to construct a $10 billion green hydrogen project which will produce up to two million tons of green ammonia a year. The implementation plan has been signed, setting the stage for a highly successful development.

While projects such as this underscore the potential for large-scale investments, most of the country’s energy opportunities remain untapped, and as Namibia progresses towards becoming a major energy player in the region, NIEC 2024 serves as a platform to discuss strategies, share knowledge, and explore opportunities for further collaboration.

Some of the key topics include exploration updates, local content and skills development, logistics and infrastructure, technological advancements, liquefied natural gas, power generation, green hydrogen and financing the energy sector, and much more. This year’s conference will once again be held under the esteemed patronage of Tom Alweendo, Namibia’s Minister of Mines and Energy. The event is also expected to host a delegation of ministers from energy-rich countries, offering a unique opportunity for cross-border cooperation and networking.

With a track record of attracting over 2000 participants, last year’s conference saw a record attendance. The 2024 edition promises to surpass these achievements by delivering rich and engaging content, unparalleled networking opportunities, and valuable insights into Namibia’s energy landscape.

“We are excited to welcome delegates from around the world to this thought leadership platform. Our conference aims to set the agenda for the energy sector in Namibia and beyond. We invite all stakeholders, from investors to policymakers and industry experts, to join us in shaping the future of our nation’s energy industry,” concluded Shimutwikeni.

Take advantage of early bird registration by visiting www.NIEConference.com. Don’t miss this opportunity to be part of an energy platform that will define Namibia’s future.

Distributed by APO Group on behalf of Namibia International Energy Conference (NIEC).

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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