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Woodside Energy Chief Executive Officer (CEO) Meg O’Neill Announced as ‘Energy Person of the Year’

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African Energy Chamber

Woodside Energy CEO Meg O’Neill has been recognized by the African Energy Chamber for her unwavering commitment to harnessing Africa’s oil and gas resources for inclusive growth

JOHANNESBURG, South Africa, August 12, 2024/APO Group/ — 

The African Energy Chamber (AEC) (www.EnergyChamber.org) – as the voice of Africa’s energy sector – is honored to announce Meg O’Neill, CEO and Managing Director of Woodside Energy, as “Energy Person of the Year.” The award recognizes O’Neill’s nearly three decades of experience in the global oil and gas industry and her unwavering commitment to ensuring a just African energy transition, which has resulted in exceptional project delivery and multi-billion-dollar investments in Africa’s oil and gas resources. 

O’Neill will receive the award at African Energy Week: Invest in African Energy 2024 – the AEC’s annual event and the official meeting place for Africa’s energy industry – taking place in Cape Town on November 4-8. The award is given to individuals who have made substantial contributions to the African energy sector and advocated for a more inclusive industry. O’Neill is the first non-African to receive the award, with previous awardees including the late Namibian President Hage Geingob (2023) and President and Chairman of the Board of Directors of the African Export-Import Bank Benedict Oramah (2022).

Initially drawn to the oil and gas industry by her interest in travel, O’Neill launched a 23-year career with ExxonMobil, where she held senior leadership roles in ExxonMobil’s Production Company in Indonesia, Norway and Canada, as well as served as Vice President, Africa for ExxonMobil Development Company, responsible for the company’s major projects in Angola, Nigeria, Tanzania and Mozambique. In May 2018, O’Neill moved to Perth to join Woodside as COO in May 2018 and was appointed CEO and Managing Director in August 2021, owing to her bold vision and proven leadership capabilities. O’Neill holds two degrees in Chemical Engineering and Ocean Engineering and a Master’s in Ocean Systems Management from the Massachusetts Institute of Technology. 

Under O’Neill’s leadership, Woodside Energy achieved a historic milestone with the production of first oil from its Sangomar Field Development earlier this year, ushering in a new era of hydrocarbon sector growth in Senegal as the country’s first offshore oil project. O’Neill expertly led the timely execution of the project’s first phase through a period of unprecedented global challenges and above-ground risk, including the COVID-19 pandemic and resultant market instability. As operator, Woodside worked closely with all contractors to maximize local content benefits, as well as with the government of Senegal in promoting in-country value addition and championing an inclusive oil and gas industry. According to Woodside, the subsea installation of the project’s FPSO vessel was supported from Dakar and logistical supply services were provided by local businesses. 

O’Neill has made Africa a strategic priority and is a true champion of the sector, making good on her promise to double down on investment and elevate the industry to new heights

O’Neill is also responsible for driving Woodside’s expansion across the continent and to Namibia, where the Australian exploration and production company is currently finalizing a farm-in agreement to Petroleum Exploration License 87 in the deepwater Orange Basin. Initial interpretation of 3D seismic data, as well as additional discoveries by Galp in the nearby Mopane Complex, have supported the prospectivity of the acreage and placed Woodside on the precipice of future drilling activity.

Woodside’s commitments come at a time when global investors are shying away from new fossil fuel projects, resulting in stalled projects and a lack of new investment in Africa’s most prospective upstream markets. In sharp contrast, Woodside has advanced multi-billion-dollar deepwater projects and answered Africa’s call for investment in its untapped oil and gas resources, while still outlining a balanced energy transition strategy. In a recent interview, O’Neill stated that industry leaders must “stand for things that matter… There are moments when you will be tested, but acting with integrity and doing what’s right will always serve you and your team well.” The Chamber strongly believes that African energy markets not only need, but deserve this level of courageous, no-holds-barred leadership from IOC heads. 

“Meg O’Neill has been able to lead and define a company that tells African countries, ‘If you have the resources and the enabling environment, then we will commit.’ Senegal sought investment in its offshore hydrocarbon resources, and Woodside answered with a $5-billion deepwater oil project. Namibia established a strong foundation of stable governance and attractive fiscal terms, and Woodside farmed into a highly prospective petroleum play. As the head of a major IOC, O’Neill has made Africa a strategic priority and is a true champion of the sector, making good on her promise to double down on investment and elevate the industry to new heights,” says NJ Ayuk, Executive Chairman of the AEC. 

In addition to leveraging world-class technical capabilities, O’Neill is a strong supporter of social impact projects, with a focus on empowering women in the oil and gas industry. In 2023, the company made nearly $22 million in social contributions globally. Affirming its commitment to gender-based diversity and inclusion, Woodside Energy leads a “STEM in Schools” program to promote STEM subjects to youth and open up the eyes of girls and young women to careers in the energy sector.

On the local content side, O’Neill has mandated that all the company’s projects comprise a robust local content practice of hiring, training and developing African and national capacities. This is clear through the Sangomar project where increased local content expenditure has been the strongest of any oil project on the continent. Local content was a key part of the project as well as directing a lot of money towards the training and development of young people in Senegal.

Additionally, O’Neill ensured the financing of a lot of initiatives in the field of technology, and as such, a lot of people working on Sangomar’s FPSO were Senegalese. This all came from training initiated from the get-go. O’Neill has also spent a lot of money on empowering local vendors and service providers while training and developing Senegalese nationals to lead the Sangomar project. A lot of people were taken to Australia for training and they are now leading the project in Senegal. This is historic for an oil project in the country. O’Neill has essentially created the blueprint for developing an oil project while at the same time increasing local capacity.

In 2023, Former Namibian President Hage Geingob was honored for his bold and instrumental contributions to Namibia’s regulatory environment, which resulted in five major hydrocarbon discoveries in two years and large-scale projects across green hydrogen, mining and infrastructure sectors. In 2022, President and Chairman of the Board of Directors of the African Export-Import Bank Benedict Oramah was recognized for advocating for a just and inclusive African energy transition, building the investment case for African oil and gas, de-risking transactions and raising access to private capital.

Distributed by APO Group on behalf of African Energy Chamber.

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Congo Is Turning Reserves into Bankable Projects – and the Investment Window Is Opening

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Eni-led LNG expansion and ongoing deepwater investment are pushing the Republic of Congo’s energy sector toward more bankable projects ahead of the Congo Energy & Investment Forum 2027

BRAZZAVILLE, Congo (Republic of the), June 23, 2026/APO Group/ –With LNG exports set to triple to 3 mtpa, upstream oil production targeting 500,000 bpd and a renewed push on local content, the Republic of Congo is positioning itself as one of Central Africa’s most investable hydrocarbon markets. Under the leadership of the newly-appointed Minister of Hydrocarbons, Stev Simplice Onanga, the country is prioritizing industry growth by balancing local content with reserve replacement and project advancement.

 

What sets Congo apart is not the scale of its reserves, but the pace at which those reserves are being turned into commercially viable projects. From Eni’s LNG expansion and TotalEnergies’ deepwater developments to brownfield optimization by Trident Energy and output growth at Ammat Global Resources, capital is flowing into projects with clearer monetization pathways and nearer-term returns.

Ahead of the Congo Energy & Investment Forum (CEIF) 2027 – the country’s leading platform for energy investment and partnerships – the story is shifting away from frontier potential toward bankable projects already under development.

Policy Reform Is De-Risking Investment

Congo’s investment case is being reshaped by the alignment of resource base, regulatory reform and project delivery. Established oil production, expanding LNG capacity and fiscal adjustments are gradually reducing above-ground risk.

Recent reforms led by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo have added structure to the sector. The Gas Code, introduced in October 2025, formalizes fiscal terms for gas commercialization, while the Gas Master Plan prioritizes flaring reduction and gas-to-power deployment, targeting 1,500 MW by 2030.

A new upstream licensing round is also under consideration, aimed at attracting fresh capital into both mature and frontier acreage. Together, these measures are improving visibility across upstream, midstream and downstream segments, with recent project activity reinforcing the shift.

The Projects Driving the Next Cycle

Deepwater oil remains central to Congo’s production outlook, with operators progressing both new developments and brownfield optimization. TotalEnergies is advancing work at the Moho licence following the April 2026 Moho G discovery, backed by a $500–$600 million infill drilling program targeting about 40,000 bpd in incremental output.

Local independent Ammat Global Resources is targeting 70% production growth from its Loango and Zatchi fields, where reactivated wells and upgraded platforms have already lifted output by 75%. Perenco continues steady gains, adding roughly 6,000 bpd through its 2025–2026 drilling program.

Trident Energy, after acquiring an 85% working interest in the Nkossa and Nsoko II assets in 2025, is focused on extending field life through subsea optimization and redevelopment work.

While oil continues to anchor revenues, gas is rapidly emerging as Congo’s fastest-growing segment. Eni’s Congo LNG project delivered its first cargo from Phase 2 in February 2026, following the startup of the Nguya FLNG unit in December 2025. Together with Tango FLNG, capacity has risen from 0.6 mtpa to 3 mtpa. Trident Energy has also proposed an FLNG project aimed at adding further capacity across the country’s gas market. The project is expected to operate as shared infrastructure, allowing multiple operators to process gas from their respective fields. This creates an outlet for associated gas that might otherwise be stranded, supporting the country’s broader diversification goals.

Local Content Is Reshaping Investment Terms

Beyond upstream policy, Minister Onanga has positioned local content as a central pillar of Congo’s investment framework, and a key determinant of how capital is structured and deployed.

Decrees 2019-342, 343, 344 and 345 set requirements around subcontracting, workforce localization and training commitments, with the effect being a gradual shift in how projects are structured and how partnerships are formed. Operators are increasingly assessed not only on technical delivery but on in-country value creation, including partnerships with local firms and skills development. Logistics, maintenance and other service areas are increasingly channeled through domestic providers.

At CEIF 2027 – taking place June 1–3 in Brazzaville – attention will shift to what is moving forward and to the investors positioned to take part in that pipeline. Congo’s energy sector is no longer defined by potential alone: projects are moving, capital is being committed and policy is starting to catch up with activity on the ground.

As the Republic of Congo moves from reserves to revenue, the signal to investors is clear: this is already unfolding, not a future opportunity.

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

 

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Afreximbank secures double honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards for excellence in strategic communications

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The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event

CAIRO, Egypt, June 23, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has been recognised with two prestigious honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards, one of the world’s most prestigious awards programmes for strategic communications.

 

The Bank received an Award of Excellence in Special and Experiential Events category for the Intra-African Trade Fair 2025 (IATF2025) held in Algiers, Algeria and an Award of Merit in the Social Media category for its Afreximbank Social Media Campaigns, reaffirming Afreximbank’s commitment to delivering impactful communications that advance its mandate of promoting trade, investment and industrialisation across Africa and the Caribbean.

We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communication

The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event. IATF2025 brought together governments, businesses, investors, buyers, sellers and entrepreneurs from across Africa and beyond, creating a platform for trade and investment opportunities while advancing the objectives of the African Continental Free Trade Area (AfCFTA). The communications campaign played a pivotal role in driving global awareness, stakeholder participation, media visibility and engagement before, during and after the event, while showcasing the scale, ambition and dynamism of African enterprise and reinforcing a positive narrative about Africa’s capacity to trade, industrialise and compete on the global stage. Over 120,000 delegates attended IATF2025 in person and virtually, with deals worth over US$50 billion recorded.

The Award of Merit for Afreximbank Social Media Campaigns recognises the Bank’s strategic use of digital platforms to engage stakeholders, amplify its developmental impact and elevate conversations around trade, industrialisation, economic integration and investment opportunities across Africa and the Caribbean. Through a combination of compelling storytelling, thought leadership content, executive advocacy, multimedia production and real-time event coverage, Afreximbank’s social media platforms have continued to expand their reach and influence among policymakers, businesses, investors, development partners and the wider public. Among these platforms is the Afreximbank TV, a digital TV channel that is wholly owned and managed by Afreximbank, whose fifth edition was celebrated with dedicated coverage of IATF2025, providing live coverage of the activities to both pan African and global audiences.

Anne Ezeh, Director & Global Head, Communications and Events at Afreximbank commented: “We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communications. As a pan African multilateral financial institution, we see storytelling as a powerful tool for advancing our mission — ensuring our initiatives, events, programmes and key announcements not only inform, but also inspire confidence, deepen engagement and amplify Africa’s transformation. These awards reinforce our resolve to continue delivering world-class communications that elevate African voices and projects a bold and authoritative narrative of the continent.”

Ms. Ezeh added that through innovative storytelling, digital engagement and integrated campaigns, the Bank will continue to amplify the impact of its programmes and partnerships  to project a more authentic narrative of Africa, one defined by opportunity, innovation, resilience and growing influence in the global economy.

For more than five decades, the IABC Gold Quill Awards have recognised excellence in strategic communications globally, celebrating programmes and campaigns that demonstrate measurable impact, innovation, creativity and outstanding execution. Widely regarded as the pinnacle of achievement in the communications profession, the awards are judged through a rigorous and independent evaluation process conducted by experienced communication leaders from around the world.

Distributed by APO Group on behalf of Afreximbank.

 

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Islamic Development Bank (IsDB) Institute Unveils 2025 Annual Report During Group Annual Meetings in Baku

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In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) has released its 2025 Annual Report during the 2026 IsDB Group Annual Meetings held in Baku, Azerbaijan, showcasing a year of expanded impact in Islamic finance transformation, innovative solutions, and capacity development.

 

The report highlights how IsDBI strengthened its role as a global knowledge leader by advancing innovative solutions and scaling support to Member Countries through knowledge-based interventions, Islamic finance grants, and strategic partnerships.

In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million, supporting countries in strengthening regulatory frameworks and promoting inclusive financial systems.

Since 2013, the Institute’s interventions in this regard have reached over US$27.57 million across 181 projects benefiting more than 34 countries, underlining its sustained contribution to development outcomes across the Islamic world.

I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem

The Annual Report highlights major progress in IsDBI’s three flagship transformative projects, namely Awqāf Free Zones, Digital Postal Islamic Financial Services, and Smart Countertrade System, which have all advanced to pilot-ready stages. These initiatives aim to address global challenges such as financial inclusion, food and energy security, and trade resilience.

Furthermore, the Institute accelerated its focus on digital innovation in Islamic finance, enhancing its Islamic Finance Artificial Intelligence Assistant (IFAA) and hosting its first AI Hackathon on Islamic Finance, engaging more than 40 teams in developing cutting-edge solutions aligned with industry standards.

Human capital development in Islamic finance also remained a cornerstone of IsDBI’s work in 2025, with the delivery of over 20 training programs reaching around 500 professionals across Member Countries. A key achievement in this area was the Entrepreneurial Mindset Development Program, a flagship initiative equipping emerging leaders from 20 countries with innovation-driven and values-based entrepreneurship skills. The program was designed and implemented in collaboration with Prince Mohammed Bin Salman College of Business and Entrepreneurship, Saudi Arabia.

The Institute also strengthened its thought leadership through flagship publications, global partnerships, and digital engagement, reinforcing its position as a leading voice in Islamic economics and finance.

Commenting on the issuance of the Annual Report, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said: “I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem by bridging knowledge creation, building human capital, and designing innovative solutions to address economic challenges.”

The 2025 Annual Report is accessible on IsDBI website here (https://isdbinstitute.org/product/isdbi-annual-report-2025/).

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

 

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