Latest news with #AfricanEnergy
Zawya
2 days ago
- Business
- Zawya
Woodside Energy Joins African Energy Week (AEW) 2025 with Focus on Driving Senegal's Offshore Expansion
African Energy Week (AEW) 2025: Invest in African Energies is proud to announce the participation of Terry Gebhardt, Vice President of Exploration at Woodside Energy, as a featured speaker at this year's event in Cape Town. With over two decades of global exploration experience and a leadership role at one of the world's most active independent energy companies, Gebhardt brings a timely and valuable perspective to the continent's evolving upstream landscape – particularly as Woodside delivers major milestones offshore West Africa. Woodside Energy's successful startup of the Sangomar Field Development Phase 1 in 2024 marked a transformative moment for Senegal's hydrocarbon sector. The company, in partnership with PETROSEN, brought the country's first offshore oil project online, establishing Senegal as a new oil-producing nation. This milestone not only affirms the resource potential of the MSGBC Basin, but also highlights Africa's ability to execute technically complex, deepwater projects with strong returns. As Gebhardt joins AEW 2025, attention turns to what's next. Phase 2 of the Sangomar development – currently under planning – aims to build on the momentum of Phase 1 by expanding production capacity, leveraging existing infrastructure and maximizing value creation. A defining feature of Woodside's approach in Africa is its emphasis on local content and capacity building. In Senegal, the company has worked closely with PETROSEN and other stakeholders to embed skills development, supplier participation and knowledge transfer into every stage of the project lifecycle. These efforts signal Woodside's commitment not just to accelerating project delivery, but embedding local expertise across its African operations and building sustainable, inclusive energy ecosystems. While Woodside continues to pursue high-impact opportunities in Africa, the company is also demonstrating strategic discipline. Its recent decision not to farm into PEL 87 in Namibia's Orange Basin reflects a measured, portfolio-based approach to exploration and capital deployment. At AEW 2025, Gebhardt is expected to share insights on how the company balances opportunity, risk and value across its African footprint. 'Woodside's success with the Sangomar project reflects Africa's readiness to execute large-scale, high-impact developments and signals a new era of upstream growth in the MSGBC Basin. Their leadership and commitment to local partnerships embody the kind of long-term investment Africa needs to unlock its full energy potential, and we look forward to welcoming them at AEW 2025,' says NJ Ayuk, Executive Chairman of the African Energy Chamber. With its strategic success in Senegal, continued engagement in West Africa's LNG narrative and commitment to high-impact, high-value exploration, Woodside Energy remains a key player in Africa's energy future. Gebhardt's participation at AEW 2025 reinforces that commitment and promises to add depth to discussions around investment, partnership and unlocking Africa's full energy potential. Distributed by APO Group on behalf of African Energy Chamber. AEW: Invest in African Energies: 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.
Zawya
2 days ago
- Business
- Zawya
Premier Invest to highlight strategic financing for Africa's energy future at African Energy Week 2025
Rene Awambeng, Founder and Managing Partner of Premier Invest, will share critical insights on mobilizing over $10 billion in African energy projects and advancing strategic finance solutions at African Energy Week 2025: Invest in African Energies CAPE TOWN, South Africa -- Rene Awambeng, Founder and Managing Partner of Premier Invest, will be a featured speaker at this year's African Energy Week: Invest in African Energies conference, taking place on September 29-October 3 in Cape Town. With a reputation as one of Africa's leading energy financiers, Awambeng brings decades of experience in mobilizing capital and structuring deals across oil, gas and renewables. Premier Invest is currently facilitating over $10 billion in active energy transactions across the continent, positioning the firm as a critical catalyst for Africa's energy development. From hydrocarbons to green energy, the firm is working closely with governments, developers and financiers to accelerate bankable projects that can unlock economic growth and energy access across the continent. These transactions span a wide range of geographies and technologies, from a €2–5 billion refinery expansion project to a $362 million geothermal power development in Kenya. These are just a few examples of how Premier Invest is shaping Africa's energy landscape through innovative deal structuring, risk mitigation and global investor engagement. As part of its expansion strategy, Premier Invest is also establishing a new financial institution in the UAE. This move signals a strategic shift toward deeper capital market integration between the Gulf and African energy markets. By creating a dedicated Africa-focused bank, Premier Invest aims to streamline energy investment processes and provide bespoke financial products tailored to the continent's infrastructure and energy needs. Awambeng's deep background – including his previous role as Global Head of Client Relations at Afreximbank – has positioned him as a leading voice in African finance. At AEW 2025: Invest in African Energies, he will offer valuable insights into how capital can be effectively deployed across the energy value chain, the types of projects international investors are prioritizing, and how Africa can position itself competitively in the global energy transition. 'Premier Invest plays a pivotal role in mobilizing capital and facilitating strategic investments critical to advancing Africa's energy sector. Their expertise in structuring complex transactions and fostering international partnerships significantly accelerates the continent's energy development and transition. Their participation at AEW 2025 will provide invaluable insights into the financing mechanisms driving Africa's energy future,' states NJ Ayuk, Executive Chairman of the African Energy Chamber. With global finance playing a defining role in the future of African energy, Premier Invest's work represents a crucial bridge between opportunity and implementation. AEW 2025 will offer a unique platform for stakeholders to connect with Awambeng and other key financiers shaping Africa's energy future. Distributed by APO Group on behalf of African Energy Chamber. About AEW: Invest in African Energies: 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. SOURCE African Energy Chamber
Zawya
4 days ago
- Business
- Zawya
Panoro Energy Chief Executive Officer (CEO) to Outline Infrastructure-Led Exploration at African Energy Week (AEW) 2025
John Hamilton, CEO of independent exploration and production company Panoro Energy, has joined the African Energy Week (AEW): Invest in African Energies 2025 conference - taking place September 29 to October 3 in Cape Town - to discuss strategies for advancing exploration in Africa. With stakes in various strategic blocks in Gabon, Equatorial Guinea, South Africa and Tunisia, the company is well-positioned to share insights into West and Central Africa's upstream landscape. Panoro Energy kicked off 2025 with an oil discovery at the Bourdon prospect on the Dussafu block, situated offshore Gabon. The well encountered approximately 34 m of net oil play in a 45 m oil column in the Gamba reservoir, with an appraisal well side-track confirming an additional 11 m of net oil play. Representing the largest hydrocarbon column found to date at Dussafu, the discovery supports estimates of around 56 million barrels of oil in place. Of this, 25 million barrels are considered recoverable. At AEW: Invest in African Energies 2025, Hamilton is expected to share insight into this discovery and its impact on the broader oil and gas landscape in Gabon. 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 Gabon, Panoro Energy has stakes in the Ceiba field and Okume Complex, situated in Equatorial Guinea's Block G. In 2024, Block G operator Trident Energy – alongside its partners Panoro Energy, Kosmos Energy and GEPetrol – brought online the C-45 infill well at the Ceiba field. The well came online in October and was the first of two infill wells drilled a the Ceiba field and Okume Complex. The second well, OF-19, was drilled during the same period. The drilling program aligns with efforts by the block partners to unlock greater value from Equatorial Guinea's mid-life assets. Meanwhile, Panoro Energy is also striving to develop Africa's natural gas reserves. The company was awarded a 100% interest in Technical Cooperation Permit (TCP) 218 in South Africa, situated in the onshore northern Free State province. TCP 218 lies in the prospective Northern Karoo Basin, which boasts a proven natural gas and helium system. The asset is also situated in close proximity to the producing Virginia gas field. In 2024, Panoro Energy applied to secure an exploration right for helium and natural gas in the Karoo Basin. The application involves a three-year exploration work program and builds on preliminary studies conducted as part of the technical cooperation permit granted in 2022. The Karoo Basin boasts some of the world's highest concentrations of helium ever recorded, and with a proven gas system, holds significant potential for gas discoveries. During AEW: Invest in African Energies 2025, Hamilton is expected to provide an update on ongoing exploration and production campaigns across the continent. Through his participation in panel discussions, Hamilton is set to share insight into various key topics, including the role independent exploration and production companies play in Africa; strategies for unlocking frontier basins such as Karoo; and the value of partnerships in monetizing the continent's oil and gas resources. 'With interests in various strategic blocks in West and Central Africa, Panoro Energy is targeting greater production through infrastructure-led exploration. Working closely with national oil companies and international operators, the company continues to unlock significant value from offshore oil and gas assets. The company is a strong example of the role independent exploration and production firms play in Africa,' states Tomás Gerbasio, VP Commercial and Strategic Engagement, African Energy Chamber. Distributed by APO Group on behalf of African Energy Chamber.
Zawya
4 days ago
- Business
- Zawya
Kosmos Energy Chief Executive Officer (CEO) Joins African Energy Week (AEW) 2025 Following Major Production Milestones
Andrew Inglis, Chairman and CEO of upstream energy company Kosmos Energy, has joined this year's African Energy Week (AEW): Invest in African Energies 2025 conference – set for September 29 to October 3 in Cape Town – as a speaker. Inglis' participation at the event reinforces Kosmos Energy's commitment to fostering a transparent, collaborative and opportunity-driven energy environment across the continent, and follows a series of milestones made by the company in recent months. With operations spanning Senegal, Mauritania, Ghana, and Equatorial Guinea, Kosmos Energy continues to drive development across African energy markets and economies. From oil exploration and production to LNG development and exports, the company strives to unlock deepwater resources across the continent. Inglis' participation at AEW: Invest in African Energies 2025 aligns with this goal, with anticipated insights showcasing ongoing projects and future investment plans. 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. In the natural gas sector, the Greater Tortue Ahmeyim (GTA) Phase 1 project – a joint venture between Kosmos Energy and supermajor bp – exported its first cargo of LNG in April 2025. Production at the field, which straddles the maritime boundary between Mauritania and Senegal, is now ramping up to the contracted sales volume, with potential to push higher towards, or beyond, the nameplate capacity of the floating LNG (FLNG) vessel of 2.7 million tons per annum. The project achieved first LNG production in February after the first well was officially opened in December 2024. In Equatorial Guinea, Kosmos Energy and its partners recently completed an infill drilling program on the Ceiba and Okume fields and activity is now focusing on well work to support current production levels. In addition, Kosmos Energy is working with the operator to reprocess existing seismic with modern technology to high grade the future infill drilling potential. The company sees opportunity offshore Equatorial Guinea and aims to develop an even deeper understanding of the subsurface before the next drilling campaign. Kosmos Energy holds a 40% participating interest in Block G, where the Ceiba and Okume fields are located, as well as interest in several other exploration blocks. Inglis' participation as a speaker at AEW: Invest in African Energies 2025 reflects Kosmos Energy's commitment to energy development in Africa. The company's involvement in this year's event – which serves as Africa's premier energy platform – highlights a drive to advance Africa's upstream oil and gas ambitions and its experience across several basins across the continent. 'Kosmos Energy has played a pivotal role in unlocking Africa's hydrocarbon potential, particularly in markets like Senegal, Mauritania, Equatorial Guinea and Ghana. Inglis' participation at AEW: Invest in African Energies underscores the importance of long-term investment, strategic partnerships and the role of independent operators in shaping Africa's energy future,' states Tomás Gerbasio, Vice President of Commercial and Strategic Engagement at the African Energy Chamber. Distributed by APO Group on behalf of African Energy Chamber.
Al Bawaba
5 days ago
- Business
- Al Bawaba
ExxonMobil Angola Managing Director (MD) to Speak at African Energy Week (AEW) 2025 as Company Deepens Strategic Commitment to Angolan Energy Sector
Katrina Fisher, Managing Director, ExxonMobil Angola, has been confirmed as a speaker at African Energy Week (AEW): Invest in African Energies 2025, taking place on September 29 to October 3 in Cape Town. Her participation highlights ExxonMobil's long-standing commitment to Angola's energy market and its role in supporting the country's ambitions to maintain oil production above 1.1 million barrels per over three decades of operational history in Angola, ExxonMobil continues to be a key player in the country's upstream sector. Under Fisher's leadership, the company is accelerating exploration and development efforts, most notably through prospective studies on offshore Blocks 17/06 and 32/21 in partnership with energy major TotalEnergies and Angola's national concessionaire the National Agency of Petroleum, Gas and Biofuels (ANPG). These efforts are part of a broader national strategy to identify new drilling targets and reverse production declines. 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. Fisher's appearance at AEW: Invest in African Energies 2025 is expected to spotlight ExxonMobil's future-focused projects, including its recent frontier exploration campaign in the Namibe Basin and a $15 billion investment outlook for Angola by 2030. The company currently operates across high-potential blocks including Blocks 30, 44 and 45 in the Namibe Basin, with participating interests in Blocks 15, 17 and 32. ExxonMobil Angola recently celebrated 2.5 million barrels of cumulative production at Block is also expected to share key insights into ExxonMobil's production-enhancing initiatives, including its successes under Angola's Incremental Production Initiative, which incentivizes reinvestment in mature fields. Notably, the Likember-01 discovery and the Bavuca Sul-1 well underscore the untapped potential in Block 15 and the value of applying innovative technologies to legacy addition to its technical and operational achievements, ExxonMobil has invested over $100 million in social projects across Angola, advancing healthcare, education and female workforce development. Fisher has been instrumental in advancing these priorities, ensuring ExxonMobil's investments drive long-term socioeconomic value.'Katrina Fisher's participation at AEW: Invest in African Energies 2025 reinforces ExxonMobil's leadership role in Angola's energy renaissance. With a track record of strategic investment, technological innovation and sustainable development, Fisher's insights will be vital to shaping dialogue around Africa's upstream future,' states NJ Ayuk, Executive Chairman of the African Energy Angola continues to attract global capital into its oil and gas sector, ExxonMobil stands as a pillar of progress, unlocking new discoveries, maximizing existing fields and empowering communities through shared growth. Distributed by APO Group on behalf of African Energy Chamber. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
