Latest news with #AfricanEnergies
Zawya
7 days ago
- Business
- Zawya
The African Energy Week (AEW) 2025 Announces 2025 Award Nominees, Celebrating Excellence in African Energy
The nominees for the African Energy Week (AEW): Invest in African Energies Awards have officially been announced, celebrating excellence in oil, gas and broader energy solutions. With eight categories covering the entire African energy sector and its value chain, the awards recognize companies and projects that are transforming Africa's energy future. The award winners will be announced during the AEW: Invest in African Energies Gala Dinner&Award Ceremony – held on Tuesday 30 September and uniting leaders from across the private and public sector in honor of innovation, impact and leadership. 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. ESG Leader of the Year SLB – for its commitment to redefining sustainability through bold action on climate and community impact. TotalEnergies – for its expanded low-carbon portfolio and efforts to achieve carbon neutrality by 2030. bp – for its transformation into an integrated energy company, embedding ESG principles across all operations in Africa. Eni – for its integrated approach to decarbonized solutions and community-driven development. ExxonMobil – for its commitment to sustainable development through the expansion of its STEM Africa Initiative. Service Provider of the Year Egbin Power – for its role in driving industrial and economic growth across Nigeria. NOV – for its commitment to delivering advanced technologies and services that support oil, gas and renewable developments. Technip Energies – for its drive to transform African energy through cutting-edge project execution and engineering excellence. AGL – for its role as the backbone of energy logistics in Africa. Northern Ocean – for its services in high-spec offshore drilling, bringing ultra-deepwater expertise and world-class assets to African waters. Odfjell Drilling – for its push to expand offshore drilling and well services and role in several high-impact wells in West and Southern Africa. Local Content Champion Levene Energy Holdings – for setting a new benchmark for African-led energy development through its deep commitment to local content and empowerment. Colibri Business Development – for its role as a vital link between global investors and African local content opportunities. Technip Energies – for embedding local value into every stage of its African projects. Perenco – for its commitment to local talent development remaining a cornerstone of its operating philosophy. EGLNG – for its contributions as one of the country's strongest champions of local capacity. Woodside – for its collaborations and commitment to embedding skills development at every stage of the project lifecycle. Greater Tortue Ahmeyim – for setting the standard for regional collaboration and local content development. Reformer of the Year Petroleum Commission of Ghana – for its active pursuit of upstream investment through a series of targeted regulatory reforms and incentives. SANEDI – for driving South Africa's clean energy transition through innovative programs that promote efficiency. Ministry of Petroleum Resources, Nigeria – for advancing one of the country's most ambitious energy sector reform programs in decades. Ministry of Mineral Resources, Petroleum and Gas, Angola – for reshaping Angola's oil and gas sector through bold reforms and forward-looking policy. Ministry of Oil and Gas, Libya – for its rollout of targeted policy improvements that continue to revitalize investment across the energy sector. Exploration&Production Leader of the Year Eni – for achieving significant exploration and production breakthroughs in Ghana, Ivory Coast, Namibia and the Republic of Congo in 2025. Azule Energy – for delivering several milestones, including an offshore gas discovery and the start of the Agogo FPSO, in 2025. bp – for its exploration efforts in Egypt's West Nile Delta. Nigeria National Petroleum Company – for successful exploration endeavors that yielded major discoveries. Rhino Resources – for its offshore success in Namibia, including light oil discoveries in Block 2914A. Deal of the Year African Export-Import Bank – for its $1.35 billion working capital facility for the Dangote Petroleum Refinery and Petrochemical Complex. Gabon Oil Company – for the $307 million acquisition of Tullow Oil's entire Gabonese portfolio. bp – for the launch of Arcius Energy, enhancing Egypt's role as a strategic regional energy supplier. Vitol – for its acquisition of a 30% interest in the Baleine oil and gas project in Ivory Coast and 25% stake in the Congo LNG project. CSR Project of the Year ConocoPhillips – for emerging as a driving force behind the Bioko Island Malaria Elimination Project in Equatorial Guinea. Chevron – for making a lasting impact in Africa through community-driven development programs. Oando Energy Resources – for its deepened community engagement through programs focused on youth empowerment, education and environmental protection. Seplat Energy – for delivering transformative CSR programs in education, health and environmental sustainability. Gas Monetization Strategy DIXSTONE&Perenco Gabon – for the launch of Gabon's first offshore gas monetization project using an FLNG solution. EGLNG – for successfully advancing from phase one to new phases at the Gas Mega Hub. NLNG – for the Train 7 expansion at the Nigeria LNG plant reaching 80% completion in 2025. Greater Tortue Ahmeyim – for the start of production at phase one, signaling a step towards creating a regional LNG hub. Otakikpo Joint Venture (Green Energy International&Lekoil) – for the inauguration of a 12 million cubic feet extraction facility and 20 MW gas-to-power plant in Nigeria. Distributed by APO Group on behalf of African Energy Chamber.
Zawya
30-05-2025
- Business
- Zawya
Sonatrach Chief Executive Officer (CEO) to Spotlight Algeria's Energy Investment Boom at Africa Energy Week (AEW) 2025
Africa Energy Week (AEW) 2025: Invest in African Energies is proud to announce the participation of Rachid Hachichi, CEO of Sonatrach, as a speaker during the high-level NOC-IOC Forum. Representing one of Africa's most strategic national oil companies and a key player in global energy markets, Hachichi will provide critical insights into Algeria's dynamic investment landscape, Sonatrach's ambitious growth strategy, and the company's evolving partnerships with global energy majors. Sonatrach is at the forefront of Algeria's push to expand its hydrocarbon output and attract foreign capital. The company has continued to secure high-value partnerships, most recently signing an $850-million hydrocarbon development and exploration contract with China's Sinopec, aimed at boosting production in the Zarzaitine oilfield. Additionally, Sonatrach has revived operations at the Alrar gas complex, a key development for meeting both domestic demand and export obligations. In 2024, Algeria made eight new hydrocarbon discoveries and has targeted daily production of 1.2 million barrels by 2025, driven by enhanced oil recovery and the launch of a new licensing round. Hachichi is expected to spotlight how Sonatrach is capitalizing on these developments to strengthen Algeria's position as Africa's leading LNG producer and a top-three gas supplier to Europe, while leveraging its geographical advantage and robust infrastructure. With a view toward sustainable energy, Sonatrach is also making inroads into green hydrogen development. The company recently hosted a delegation from Spanish energy firm Enagás to discuss collaborative projects aimed at supplying Europe's growing demand for clean hydrogen. As Algeria positions itself to provide 10% of Europe's green hydrogen by 2040, Sonatrach's participation at AEW 2025 will underscore the NOC's integral role in this emerging sector. Moreover, Sonatrach continues to drive energy diplomacy and regional partnerships, such as the recent long-term gas supply agreement with Slovenia's Geoplin, reinforcing Algeria's reliability as a supplier amidst global market shifts. 'Sonatrach is not only advancing Algeria's position as an energy powerhouse, but also sending a clear message to global investors: Algeria is open for business. Their participation at AEW 2025 will be instrumental in showcasing the strategic partnerships, ambitious upstream developments and energy diversification efforts that are redefining investment opportunities across North Africa,' said NJ Ayuk, Executive Chairman of the African Energy Chamber. With Algeria allocating $50 billion through 2027 – 71% of which is earmarked for exploration and production – Sonatrach is opening up new avenues for international investment, backed by a series of regulatory reforms offering more attractive terms for foreign partners. As international energy companies intensify their presence in Algeria, AEW 2025 will host discussions on how Sonatrach is forging a path toward greater energy security, investment diversification and sustainable growth. 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. Distributed by APO Group on behalf of African Energy Chamber.
Zawya
07-05-2025
- Business
- Zawya
Erik Prince to Speak at African Energy Week (AEW) 2025 as Africa's Energy Security Takes Center Stage
African security entrepreneur and founder of private security firm Blackwater Erik Prince will participate as a speaker at the 2025 edition of African Energy Week (AEW): Invest in African Energies, scheduled to take place from September 29 to October 3 in Cape Town. With energy security emerging as a central pillar in Africa's resource development agenda, Prince's participation is set to drive critical dialogue on securing energy infrastructure and promoting investment across the continent's resource-rich regions. Prince – widely recognized for his expertise in security logistics and infrastructure protection – brings decades of experience supporting operations in high-risk environments across Africa. Through his security group Frontier Services Group (FSG), Prince has played a pivotal role in facilitating the movement of personnel and equipment in remote and conflict-prone zones, aiding oil, gas and mineral extraction activities in countries such as Sudan, Somalia and the Democratic Republic of Congo (DRC). Most recently, Prince has been leading a private initiative in the DRC's mineral-rich Katanga region aimed at improving transparency and regulatory compliance in the mining sector. 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. At AEW: Invest in African Energies 2025, Prince will be well-positioned to engage with African governments, operators and investors to share insights on building secure, investable energy projects – particularly in volatile environments. His participation will elevate strategic discussions around resource security, infrastructure protection and enabling investor confidence across Africa's upstream and midstream value chains. FSG's growing footprint across the continent aligns with the conference's vision to unlock Africa's full energy potential through integrated development and private sector leadership. As such, Prince's role in advancing energy and mineral security positions him as a key voice in AEW: Invest in African Energies' state goal to make energy poverty history by 2030. 'Erik Prince will not only contribute to high-level expertise on energy security but will also benefit from unparalleled networking and investment engagement opportunities at AEW: Invest in African Energies 2025. His presence reflects our commitment to accelerating Africa's energy development while ensuring that operations are secure, sustainable and globally competitive,' states NJ Ayuk, Executive Chairman of the African Energy Chamber. Distributed by APO Group on behalf of African Energy Chamber.
Zawya
06-05-2025
- Business
- Zawya
South Sudan's Former Petroleum Minister Calls for Africa Energies Summit to be Held in Africa
South Sudan's former-Minister of Petroleum Ezekiel Lol Gatkuoth has called on Frontier to move the annual Africa Energies Summit to Africa, highlighting the critical value of hosting an Africa-focused event on African soil. As the voice of the African energy sector, the African Energy Chamber (AEC) ( strongly agrees with the calls of Gatkuoth. At a time when investing in African energy has become a critical topic, hosting an international energy conference on the continent has become even more imperative. More than ever, Africa requires significant levels of global investment. At present, over 600 million people currently lack access to electricity in Africa while over 900 million people live without access to clean cooking solutions. Global oil and gas investment has been on the decline in recent years, presenting major implications for African countries that rely on these resources. While renewable energy investment continues to grow worldwide, Africa only receives 2% of this investment. To close the energy access gap in Africa, the continent requires $25 billion in annual investment by 2030, according to the International Energy Agency. As such, the need to promote African energy interests has become increasingly more important. It is within this picture that it becomes key to bringing the conversation about African energy to Africa. Hosting an event such as Africa Energies Summit in Western Europe does not make sense when Africa has the perfect platform of its own to host these types of events. Taking place from May 13-15 in London, Africa Energies Summit has dubbed itself Africa's premier global upstream conference, bringing together Africa's energy industry. The event is the only African energy conference hosted by Frontier. But the question remains: why can an African energy conference not be hosted in Africa? Instead of taking Africa to the world, the world should come to Africa. By taking place in London every year, Africa Energies Summit is stating that Africa is not suitable to host its own international energy conference, a misunderstanding that will have significant impacts on the continent's sector. 'We cannot keep taking the conversation about Africa outside of the continent. Just like it would not make sense for an event focused on Europe to be hosted in Africa, we should not be hosting an event about Africa in Europe. It is time to prioritize Africa. By hosting an African energy conference on the continent, we bring significant benefits to local communities and industries,' stated Gatkuoth. Beyond the energy sector, bringing the Africa Energies Summit to Africa brings a range of benefits to the continent. AEW: Invest in African Energies, for example, has created significant value addition for local markets and industries by prioritizing local businesses, supporting business tourism and creating local employment opportunities. By bringing international events to Africa, conferences ensure that local hotels, venues, workforces and more benefit. As such, the significance of hosting large-scale events in African cannot be overstated and should be considered by organizers such as Frontier. As an industry, we need to prioritize local communities' voices and create employment opportunities in Africa's energy sector. It's time to showcase Africa's capabilities and host investment forums on our own continent. We've seen misrepresentations repeated by events like Africa Oil Week in Dubai; but it's time to break this trend. Africa is capable of hosting its own energy conferences, and we should lead the narrative. 'We have seen the same misinterpretations by groups such as Africa Oil Week when it went to Dubai and it needs to end. Africa is fully capable of hosting an international energy conference. We do not need to go abroad to discuss our own energy matters. By bringing the conversation to Africa, we prioritize African interests and narratives. The AEC wholeheartedly agrees with Gatkuoth, that the Africa Energies Summit must be brought to Africa,' stated NJ Ayuk, Executive Chairman of the AEC. Distributed by APO Group on behalf of African Energy Chamber.
Zawya
30-04-2025
- Business
- Zawya
Senegal's Energy Minister to Open New Doors for Strategic Investment at African Energy Week (AEW) 2025
Senegal's dynamic ascent in the global energy sector will take center stage at African Energy Week (AEW) 2025: Invest in African Energies, as Minister of Energy, Petroleum and Mines, Birame Soulèye Diop, confirms his participation. Minister Diop's presence underscores Senegal's commitment to advancing investment-driven partnerships across oil, gas and renewables, while also showcasing recent developments in the country's legal and policy frameworks. Following its emergence as an oil-producing nation in 2024, Senegal has exceeded expectations with the Sangomar offshore oil field, opening the door to new investment across the energy value chain. Operated by Woodside Energy, the field produced 16.9 million barrels of crude in 2024 – well above the initial target of 11.7 million. Crucially, Sangomar has begun supplying Senegal's domestic refinery, with 650,000 barrels processed in Dakar in early 2025 into diesel, kerosene, gasoline and butane. This marks a major step toward energy self-sufficiency, reduces reliance on imports and strengthens the local value chain – creating clear opportunities for investment in refining, infrastructure and downstream development. With this milestone, Senegal is positioning itself to integrate production into a sustainable, high-impact energy strategy. In a major milestone for Senegal's gas industry, BP announced first gas from the Greater Tortue Ahmeyim (GTA) Phase 1 LNG project in January 2025. Located offshore between Senegal and Mauritania, GTA is one of Africa's most complex deepwater developments and is set to produce approximately 2.3 million tonnes of LNG annually. The project positions Senegal as a competitive LNG exporter and unlocks significant investment opportunities across gas infrastructure, processing, transport, downstream utilization, and the potential for a second phase of development. Building on this momentum, the Yakaar-Teranga Gas Project – aimed at supplying both domestic power generation and future LNG exports – is targeting a final investment decision in 2025. Together, these developments form the cornerstone of Senegal's gas monetization strategy, offering a stable and scalable platform for investors seeking long-term returns in one of West Africa's most promising energy markets. Under the leadership of President Bassirou Diomaye Faye, Senegal has launched a bold 25-year economic and social development plan centered on achieving economic sovereignty and unlocking the full value of its natural resources. The plan prioritizes local processing and value addition, with ambitious targets including 100% electricity access and national energy self-sufficiency. For investors, this signals a clear and long-term policy direction that places energy at the heart of national development. Minister Diop is expected to outline how the energy sector will drive this vision – balancing resource monetization with environmental stewardship and embedding sustainability at the core of Senegal's strategy. In addition to its oil and gas developments, Senegal is rapidly expanding its renewable energy capacity, with a target of 40% of its power mix coming from renewables by 2030. As Senegal continues to build a diversified energy mix and strengthens its legal and policy frameworks, AEW 2025: Invest in African Energies serves as the premier platform for the country to highlight its growing investment potential. Minister Diop's participation will outline the country's achievements in energy development and its vision for future projects, inviting investors to explore strategic opportunities. The event will provide a key opportunity for stakeholders to engage with Senegal's energy sector and align their investments with the country's goals of sustainable development and economic transformation. As a result, AEW 2025 will be instrumental in fostering partnerships and attracting investments that support Senegal's energy ambitions for a sustainable and prosperous future. 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. Distributed by APO Group on behalf of African Energy Chamber.
