logo
Eco Atlantic Chief Executive Officer (CEO) to Speak at Invest in African Energy (IAE) 2025 Amid Orange Basin Expansion

Eco Atlantic Chief Executive Officer (CEO) to Speak at Invest in African Energy (IAE) 2025 Amid Orange Basin Expansion

Zawya25-02-2025

Gil Holzman, President&CEO, Eco Atlantic Oil&Gas, will speak at the Invest in African Energy (IAE) Forum 2025 in Paris this May as the company expands its presence in the Orange Basin, offshore South Africa.
The Canada-headquartered Eco Atlantic has recently expanded its presence in Africa through strategic transactions and exploration initiatives. In June 2024, Eco Atlantic farmed into Block 1 in the Orange Basin, further strengthening its exploration portfolio in the region. The block has extensive 2D and 3D seismic data already completed, with no additional seismic acquisition or well drilling planned during the three-year carried period. During this time, Eco will focus on interpreting and analyzing the existing data to inform its planned Work Program, leveraging its in-house exploration team. The company also holds interests in Blocks 2B and 3B/4B in South Africa, along with four licenses in Namibia.
IAE 2025 (http://apo-opa.co/3ETVwbj) is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.
Eco Atlantic's approach centers on exploring low-carbon intensity oil and gas in stable emerging markets close to infrastructure, aiming to deliver material value for its stakeholders while contributing to the energy transition. The company prioritizes efficient exploration strategies that minimize environmental impact while maximizing resource potential.
By focusing on proven basins with existing infrastructure, Eco Atlantic seeks to accelerate development timelines and enhance economic viability in its operating regions. The upcoming forum will highlight how oil and gas independents like Eco Atlantic are navigating Africa's evolving energy landscape, driving investment and sustainable resource development.
Distributed by APO Group on behalf of Energy Capital&Power.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Abdullah bin Zayed, Canada's Foreign Minister discuss bilateral relations in phone call
Abdullah bin Zayed, Canada's Foreign Minister discuss bilateral relations in phone call

Zawya

time2 days ago

  • Zawya

Abdullah bin Zayed, Canada's Foreign Minister discuss bilateral relations in phone call

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, held a telephone conversation with Anita Anand, Minister of Foreign Affairs of Canada. During the call, the two top diplomats reviewed bilateral relations and explored various aspects of cooperation and joint efforts between the UAE and Canada. They also discussed opportunities to further develop ties in ways that serve the mutual interests of both countries and contribute to the prosperity and well-being of their peoples. H.H. Sheikh Abdullah bin Zayed congratulated Minister Anita Anand on her appointment as Canada's Foreign Minister, expressing his eagerness to work closely with her to strengthen and expand avenues of collaboration between the two nations.

Imperatus Energy joins African Energy Week (AEW) 2025 as Congo Eyes Regional Energy Hub Ambitions
Imperatus Energy joins African Energy Week (AEW) 2025 as Congo Eyes Regional Energy Hub Ambitions

Zawya

time2 days ago

  • Zawya

Imperatus Energy joins African Energy Week (AEW) 2025 as Congo Eyes Regional Energy Hub Ambitions

Oumar Semega, Founder and CEO of Congolese oil and gas trading company Imperatus Energy, has been confirmed as a speaker at African Energy Week (AEW): Invest in African Energies 2025, taking place from September 29 to October 3 in Cape Town. His participation underscores both the Republic of Congo's aspirations to become a regional energy hub and Imperatus Energy's expanding influence in shaping Central Africa's energy future. Imperatus Energy recently announced plans to explore electricity trading to complement its core operations in petroleum product marketing and logistics. This forward-looking move aligns with the company's strategy to capitalize on cross-border energy trade and play a greater role in expanding access to energy across Congo and the wider region. Headquartered in Pointe-Noire, with strategic offices in Geneva and Dubai, Imperatus Energy has rapidly become a central player in the region's energy supply and trading ecosystem. The company specializes in the sourcing, marketing and export of LNG, crude oil, refined fuels and derivatives. It also provides essential logistics and infrastructure services – including storage, transportation, bunkering and consignment – to facilitate seamless energy trade throughout the continent. To support its growing footprint, Imperatus works closely with refineries, storage facilities and transport operators to optimize supply chains and ensure reliable, uninterrupted delivery. Leveraging digital cargo tracking and comprehensive risk management tools, the company enhances transparency and efficiency across its network. Through partnerships with local importers and distributors, Imperatus offers flexible delivery solutions that meet the evolving needs of African markets. With a focus on innovation and regional integration, Imperatus Energy plays a pivotal role in connecting African resources to global markets while supporting domestic energy production. Under Semega's leadership, the company has emerged as a trusted partner to both governments and private sector actors, championing gas monetization initiatives and advancing energy sovereignty within the Central African Economic and Monetary Community. 'Imperatus Energy is emerging as a cornerstone of Central Africa's energy infrastructure. Through its investments in logistics, storage and distribution, the company is not only facilitating trade but strengthening the region's capacity to manage and store its own energy resources,' stated Tomás Gerbasio, VP of Commercial and Strategic Engagement at the African Energy Chamber. As Imperatus Energy expands its presence and explores new frontiers in power trading, its participation at AEW 2025 will spotlight the company's role in driving investment, building resilient energy supply chains and unlocking long-term value across Africa's energy markets. Distributed by APO Group on behalf of African Energy Chamber. About African Energy Week (AEW): AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event.

Asian shares creep higher, dollar languishes before ECB
Asian shares creep higher, dollar languishes before ECB

Zawya

time2 days ago

  • Zawya

Asian shares creep higher, dollar languishes before ECB

TOKYO - Shares in Asia crept higher and the U.S. dollar languished ahead of the European Central Bank offering its policy outlook for a tumultuous global economy. The dollar slid in the previous session after weak U.S. jobs and services data, with more weighty employment data due on Friday. Damage to the U.S. economy is becoming more apparent from President Donald Trump's erratic tariff action, while bilateral deals remain unrealised. Canada prepared possible reprisals against the imposition of new U.S. metals tariffs while the European Union reported progress in trade talks with Washington. Against that backdrop, market watchers considered the ECB almost certain to cut policy interest rates so will pay greater attention to what bank President Christine Lagarde signals about future decisions. "There's uncertainty about the guidance the central bank will deliver given the murky outlook for U.S. trade policy and global growth," said Kyle Rodda, a senior financial market analyst at "A failure to deliver sufficiently dovish guidance could upset the equity markets as well as give the euro upward trend additional momentum." Trump's doubling of tariffs on steel and aluminium imports became effective on Wednesday, hitting Canada and Mexico in particular. The same day, his administration sought "best offers" from trading partners to stop other import levies taking effect in July. Japan is sending key trade negotiator Ryosei Akaza to the U.S. on Thursday for another round of talks. Germany's new chancellor, Friedrich Merz, is also due to head to Washington. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7% in early trade, whereas Japan's Nikkei stock index slid 0.2%. The dollar index, which measures the greenback against a basket of currencies, was flat at 98.85 after a 0.5% slide on Wednesday. The dollar rose 0.1% against the yen to 142.92. The euro was flat at $1.1416 after a 0.4% gain in the trading previous session. Gold pared gains from the previous day while oil slipped after a build in U.S. inventories and Saudi Arabia's cut to its July prices for Asian crude buyers. Spot gold edged 0.1% lower to $3,372.7 per ounce. U.S. crude dipped 0.2% to $62.75 a barrel. The pan-region Euro Stoxx 50 futures were little changed while U.S. stock futures, the S&P 500 e-minis, were down 0.1%. (Reporting by Rocky Swift; Editing by Christopher Cushing)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store