Connect with us

Business

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

Published

on

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).

Business

Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

Published

on

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.

 

Continue Reading

Business

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

Published

on

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.

Continue Reading

Business

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

Published

on

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.

Continue Reading

Trending

Exit mobile version