Latest news with #AEW2025
Zawya
3 days ago
- Business
- Zawya
Perenco Chief Executive Officer (CEO) to Outline Asset Optimization, Upcoming Drilling Campaigns at African Energy Week (AEW) 2025
Armel Simondin, CEO of independent oil and gas company Perenco, will showcase the company's strategy to unlock oil and gas resources in West and Central Africa during the African Energy Week (AEW): Invest in African Energies 2025 conference. As a leading producer in markets such as Gabon, the Democratic Republic of Congo (DRC) and the Republic of Congo, the company is well-positioned to discuss the state of play of Africa's exploration and production landscape. Perenco has placed natural gas at the heart of its development strategy. One of the company's biggest projects is the Cap Lopez LNG terminal in Gabon, set to start operations in 2026. The project involves the construction of an LNG terminal at the existing Cap Lopez oil terminal, with an FLNG vessel monetizing offshore gas resources. The FLNG unit – under construction in Dubai – will have a capacity of 700,000 tons LNG and 25,000 tons of LPG per annum, with storage facilities with capacity of 137,000 cubic meters. The $1 billion project made a final investment decision in 2023 and represents Gabon's first large-scale gas development. At AEW: Invest in African Energies 2025, Simondin will provide an update on the project, highlighting the role natural gas is expected to play in West Africa. 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. Beyond the Cap Lopez LNG terminal, Perenco is advancing LPG deployment in Africa. The company inaugurated the $50 million Batanga LPG plant in Gabon in 2023, producing 15,000 tons of LPG per annum. The project has enabled the country to reduce LPG imports by between 40-50%, with production geared towards the domestic market. The plant also provides feedstock for a 20 MW power plant in Mayumba. In Cameroon, Perenco launched its first-ever gas-to-industry supply project in July 2024. The Bipaga Gas Processing Center utilizes natural gas reserves from the Sanaga South field to supply the Keda tile factory with between 3.5 million and 6.5 million cubic feet of gas per day. Gas is transported via a 6-km pipeline, powering the factory's electrical generators and kilns. The milestone follows Perenco's acquisition of a 9.9% stake in Golar LNG, which operates the Cameroon FLNG terminal. Meanwhile, with a focus on shallow and marginal fields, Perenco is driving a series of offshore oil projects in Africa, with plans to expand its portfolio of producing assets. The company is ramping up drilling activities in the Republic of Congo, with plans to increase output to 100,000 barrels per day (bpd). From mid-2025, Perenco will operate two to three rigs in the country for a period of two years, focusing on assets such as Tchibouela-Est, Masseko, Emeraude and Marine XXVII. The company is targeting new field developments, surface optimizations and continuous infrastructure improvements in the country. The company is also accelerating drilling activities in the DRC. At present, Perenco is the only major oil producer in the country and seeks to optimize assets and bolster production. Through its DRC subsidiary Muanda International Oil Company, the company made an oil discovery during an offshore drilling campaign in the DRC in 2024. The discovery signals the first offshore find made in the country in nearly three decades. The Moke-East well - situated between the Lukami and Motoba fields - encountered a 24-feet net oil-bearing column. Additionally, in Gabon, the company spud an appraisal well near the Hylia South West discovery – made in 2023 – in February 2024. The well targets the Ntchengue Ocean (NTO) reservoir and lower Madiela carbonate reservoir, with results showing substantial oil-bearing columns in the NTO reservoir. Simondin's participation at AEW: Invest in African Energies 2025 will not only provide an overview of the company's vision for Africa's oil and gas market but showcase the instrumental role independent operators are playing across the continent's hydrocarbon markets. From project updates to future investments to challenges and emerging opportunities, Simondin's insights will support discussions around Africa's oil and gas future. 'Perenco is making significant strides towards unlocking new oil and gas plays in Africa. Through its rich portfolio of natural gas projects and oil exploration and production, the company is creating lucrative opportunities for the countries in which it operates. This portfolio not only showcases the value of independent operators in Africa but highlights the level of opportunity available across the continent,' states NJ Ayuk, Executive Chairman, African Energy Chamber. Distributed by APO Group on behalf of African Energy Chamber.
Zawya
3 days ago
- Business
- Zawya
Burkina Faso's Minister of Energy, Mines and Quarries to speak at AEW 2025 amid energy diversification
CAPE TOWN, South Africa/ -- Burkina Faso's Minister of Energy, Mines and Quarries Yacouba Zabré Gouba has joined the African Energy Week (AEW): Invest in African Energies 2025 conference - taking place from September 29 to October 3 in Cape Town – as a speaker. Minister Gouba's participation comes at a pivotal time for the country's energy sector as it looks to diversify its energy mix and unlock significant investment opportunities in the fields of natural gas, renewables and nuclear energy. Burkina Faso has set a number of ambitious reforms and initiatives to diversify and expand its energy industry. In an attempt to bolster investment in both the upstream and downstream natural gas market, the country aims to increase LPG usage beyond its current levels of 35% in urban areas. Meanwhile, Burkina Faso also aims to attract foreign direct investment to fuel its expanding energy infrastructure and to meet the ambitious goal of increasing the national energy access rate from 21% to 95% by 2030. Insights shared by Minister Gouba at AEW: Invest in African Energies 2025 will support these goals by offering financiers and energy operators the chance to gain a better understanding of Burkina Faso's opportunities. AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and as emerged as the official place to sign deals in African energy. Visit for more information about this exciting event. In the renewable energy space, Burkina Faso is advancing several solar energy projects, such as the operational Zagtouli and planned Zano solar PV plants. The country plans to add 100 MW of solar energy to its energy mix and these projects will play an instrumental part in meeting this goal. The Zano project is expected to begin commercial operation in 2025. Meanwhile, a partnership with Russian state nuclear company Rosatom for the construction of a nuclear power plant in Burkina Faso serves as part of the government's broader strategy to diversify the country's energy mix, enhance energy security and drive economic growth. Burkina Faso's Ministry of Energy, Mines and Quarries signed a deal with Rosatom in 2024 for the construction of the plant, with development set to start in 2025 and production targeted by 2030. In the power sector, the country has increased its installed capacity from 324.6 MW in 2017 to 410 MW today. In parallel, Burkina Faso is intensifying efforts to take greater advantage of its mineral resources, with a focus on gold and other critical minerals. The state-owned Société de Participation Minière du Burkina has already acquired two industrial gold mines previously held by Endeavour mining, marking a key step in developing the country's mining capabilities. By accelerating the development of both the energy and mining industries, Burkina Faso is establishing a range of investment opportunities for regional and global companies. At AEW: Invest in African Energies 2025, these opportunities will come to the fore with Minister Gouba's insights. 'Burkina Faso has set bold energy targets, creating strategic opportunities for global investors and project developers. By increasing natural gas development, expanding power generation and introducing nuclear power into the energy mix, the country seeks to establish a strong, competitive and diversified energy mix,' states Tomás Gerbasio, VP Commercial and Strategic Engagement, African Energy Chamber. Distributed by APO Group on behalf of African Energy Chamber. SOURCE: African Energy Chamber
Zawya
3 days ago
- Business
- Zawya
Burkina Faso's Minister of Energy, Mines and Quarries to Speak at African Energy Week (AEW) 2025 Amid Energy Diversification
Burkina Faso's Minister of Energy, Mines and Quarries Yacouba Zabré Gouba has joined the African Energy Week (AEW): Invest in African Energies 2025 conference - taking place from September 29 to October 3 in Cape Town – as a speaker. Minister Gouba's participation comes at a pivotal time for the country's energy sector as it looks to diversify its energy mix and unlock significant investment opportunities in the fields of natural gas, renewables and nuclear energy. Burkina Faso has set a number of ambitious reforms and initiatives to diversify and expand its energy industry. In an attempt to bolster investment in both the upstream and downstream natural gas market, the country aims to increase LPG usage beyond its current levels of 35% in urban areas. Meanwhile, Burkina Faso also aims to attract foreign direct investment to fuel its expanding energy infrastructure and to meet the ambitious goal of increasing the national energy access rate from 21% to 95% by 2030. Insights shared by Minister Gouba at AEW: Invest in African Energies 2025 will support these goals by offering financiers and energy operators the chance to gain a better understanding of Burkina Faso's opportunities. AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and as emerged as the official place to sign deals in African energy. Visit for more information about this exciting event. In the renewable energy space, Burkina Faso is advancing several solar energy projects, such as the operational Zagtouli and planned Zano solar PV plants. The country plans to add 100 MW of solar energy to its energy mix and these projects will play an instrumental part in meeting this goal. The Zano project is expected to begin commercial operation in 2025. Meanwhile, a partnership with Russian state nuclear company Rosatom for the construction of a nuclear power plant in Burkina Faso serves as part of the government's broader strategy to diversify the country's energy mix, enhance energy security and drive economic growth. Burkina Faso's Ministry of Energy, Mines and Quarries signed a deal with Rosatom in 2024 for the construction of the plant, with development set to start in 2025 and production targeted by 2030. In the power sector, the country has increased its installed capacity from 324.6 MW in 2017 to 410 MW today. In parallel, Burkina Faso is intensifying efforts to take greater advantage of its mineral resources, with a focus on gold and other critical minerals. The state-owned Société de Participation Minière du Burkina has already acquired two industrial gold mines previously held by Endeavour mining, marking a key step in developing the country's mining capabilities. By accelerating the development of both the energy and mining industries, Burkina Faso is establishing a range of investment opportunities for regional and global companies. At AEW: Invest in African Energies 2025, these opportunities will come to the fore with Minister Gouba's insights. 'Burkina Faso has set bold energy targets, creating strategic opportunities for global investors and project developers. By increasing natural gas development, expanding power generation and introducing nuclear power into the energy mix, the country seeks to establish a strong, competitive and diversified energy mix,' states Tomás Gerbasio, VP Commercial and Strategic Engagement, African Energy Chamber. Distributed by APO Group on behalf of African Energy Chamber.
Zawya
7 days ago
- Business
- Zawya
Former Navy SEAL and United States (U.S) Congressman Scott Taylor to Speak at African Energy Week (AEW) 2025, Underscoring U.S.-Africa Energy Investments
African Energy Week (AEW) 2025: Invest in African Energies, taking place in Cape Town on September 29-October 3, is proud to announce that Scott Taylor, Former U.S. Congressman, Navy SEAL and Founder of Taylor Global Strategies, will speak at this year's edition of Africa's premier energy event. A strong delegation of U.S. industry leaders are expected at the conference, with the goal of connecting American companies to African energy opportunities and fostering new partnerships across the energy value chain. A former Navy SEAL and U.S. Representative for Virginia's 2nd congressional district (2017–2019), Taylor brings a deep understanding of legislative and security frameworks, having authored and supported laws relating to energy, the workforce and veterans' issues. Prior to his time in Congress, he served in the Virginia House of Delegates and built a career in security consulting and critical infrastructure protection. Taylor's participation at AEW 2025 underscores growing U.S. interest in Africa's energy markets – from Chevron's multi-billion-dollar investments in Angola's offshore assets to the expanding footprint of American LNG and renewables firms across Mozambique, Senegal and Namibia. Through both private enterprise and U.S. government initiatives like Power Africa and Prosper Africa, the U.S. is increasingly positioning itself as a long-term partner in Africa's energy future. Under the Trump administration, a renewed focus on energy dominance could create new avenues for U.S. investment in Africa's oil, gas and critical minerals sectors. Trump's first term emphasized deregulation and the advancement of fossil fuels, coupled with a foreign policy that favored bilateral deals and strategic partnerships over multilateral aid. In the African context, this could translate to stronger backing for U.S. companies pursuing commercial opportunities – particularly in energy infrastructure, LNG and hydrocarbons – while shifting away from climate-focused development finance. 'We will not have an AEW today without the strong support of Scott Taylor. From day one, he showed up and championed US Africa investments when others were in Dubai in 2021. The United States remains a key player in Africa's energy future, and we welcome Scott Taylor to AEW 2025 to share his vision for how the U.S. private sector can partner with African nations to drive investment, innovation and mutually beneficial growth,' states NJ Ayuk, Executive Chairman of the African Energy Chamber. 'Congressman Taylor brings a strategic outlook and deep understanding of U.S. policymaking, which is critical to unlocking capital and forging lasting energy partnerships.' Distributed by APO Group on behalf of African Energy Chamber.
Zawya
16-05-2025
- Business
- Zawya
Eswatini's Minister of Natural Resources and Energy to Speak at African Energy Week (AEW) 2025 Amid Critical Mineral and Energy Expansion
Eswatini's efforts to scale up investment in its mining and renewable energy sectors will take center stage at African Energy Week (AEW): Invest in African Energies 2025, with the kingdom's Minister of Natural Resources and Energy Prince Lonkhokhela Dlamini confirmed to speak. Taking place from September 29 to October 3 in Cape Town, AEW: Invest in African Energies 2025 is the continent's premier energy event and will spotlight Eswatini's strategic initiatives to attract foreign investment in critical minerals, support energy independence and advance sustainable development. Prince Dlamini's participation at AEW: Invest in African Energies 2025 reinforces Eswatini's commitment to leveraging strategic partnerships and international forums to attract capital and technology into both its mining and energy sectors. The kingdom recently celebrated a major milestone with the financial close and construction launch of the 13.5 MW Lower Maguduza Hydro Power Project, a public-private initiative that underscores Eswatini's drive to achieve greater energy independence and sustainability through renewables. 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. Eswatini is also making significant progress toward universal energy access through the newly launched Accelerating Sustainable and Clean Energy Access Transformation (ASCENT) project. Backed by international financial institution the World Bank, this initiative aims to connect 50,000 new households – benefitting 200,000 people – to electricity using both on- and off-grid solutions, with a focus on underserved rural communities. Supported by over $100 million in concessional financing, the ASCENT project will enhance energy security, build institutional capacity and improve livelihoods, making Eswatini one of Africa's frontrunners in equitable and sustainable electrification. In the mining sector, Eswatini is actively working to position itself as an emerging market for critical minerals, following the launch of the second phase of a national mineral mapping program in partnership with South Africa's Council for Geoscience in November 2023. Using AI-based geoscientific techniques, this initiative seeks to unlock the country's vast yet underexplored mineral wealth – ranging from gold and iron ore to a broader portfolio of high-demand critical minerals. As part of its outreach to global investors, Eswatini is creating an enabling environment for private sector participation in mineral exploration, production and job creation. Stepping into this picture, Minister Dlamini's participation at AEW: Invest in African Energies 2025 aligns with the goals of Eswatini to open its doors to investors in both energy and mining. By sharing insights into investment opportunities, policy developments and major projects, Minister Dlamini will not only promote greater foreign spending in the kingdom, but position Eswatini as a top destination for energy and mining developers. 'With strong regional partnerships and a focus on innovation, Eswatini is rapidly becoming a compelling destination for critical mineral exploration and clean energy investment,' states Tomás Gerbasio, VP Commercial and Strategic Engagement, African Energy Chamber. Distributed by APO Group on behalf of African Energy Chamber.
