With plans to increase the share of natural gas in its energy matrix to 25% by 2025, Angola is promoting investments in both associated and non-associated gas ventures. Already a major LNG exporter, Angola’s gas market offers lucrative opportunities, particularly across the LPG, gas-to-power and distribution industries. 

A panel discussion during the Angola Oil&Gas (AOG) (https://apo-opa.co/4dTAlmt) strategic track will share insight into the country’s emerging role as a regional gas hub. Titled Beyond Oil: Angola’s Rise as a Gas Powerhouse, the discussion will explore the country’s shift from an oil- to a gas-driven economy. Speakers from Angola’s national oil company Sonangol; the Gas Exporting Countries Forum; Angola LNG Marketing; finance company EY; and energy major Chevron will discuss gas monetization efforts and opportunities for investors. 

AOG is the largest oil and gas event in Angola. Taking place from October 2-3 and with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.  

Angola’s first non-associated gas project – the Quiluma and Maboqueiro (Q&M) fields – is on track for first production by 2026 after achieving FID in 2022. Located in the shallow waters offshore Angola, the project features two well-head platforms, an onshore gas processing plant and a connection to the country’s sole LNG facility: Angola LNG (ALNG). Historically, ALNG has relied predominantly on associated gas to produce LNG, supporting gas monetization and reducing flaring across the country’s oil operations. With the start of the Q&M fields, the country will be able to boost its LNG export capacity from the current 5.2 million tons per annum.  

In tandem to the Q&M fields, Angola is driving other hydrocarbon projects forward (https://apo-opa.co/4d0L0KC), creating opportunities for enhanced feedstock for ALNG. The Sanha Lean Gas Connection Project – which achieved FID in 2021 – is expected to start production at the end of 2024. The project features the development of a platform that ties into the existing Sanha Connection complex and comprises pipelines connecting the Chevron-operated Blocks 0 and 14 to ALNG. The Kaminho Deepwater Development – the first large deepwater project in the Kwanza Basin – achieved FID in 2024. Comprising the Cameia and Golfinho fields, the project will start production in 2028. Additionally, the Agogo Integrated West Hub Development in Block 15/06 is on track for first production in 2026. The project will produce hydrocarbons from the Agogo and Ndungu fields through existing infrastructure. 

Beyond existing projects, Angola’s 2023 and 2025 bid rounds create opportunities for future developments that can support the country’s LNG development. On the back of a 12-block tender which concluded in January 2024, Angola is preparing to launch its 2025 bid round – offering 10 blocks for exploration in the Kwanza and Benguela basins – in Q1 of next year. Both rounds aim to accelerate exploration and the development of untapped oil and gas resources. 

Stepping into this picture, the AOG 2024 panel discussion will explore strategies for translating heightened LNG capacity into tangible, economic opportunities. Speakers will dive into measures to promote gas monetization, challenges associated with domestic gas uptake and Angola’s path towards becoming a gas hub. 

For more insight into the AOG 2024 program, visit https://apo-opa.co/4cWalp9

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

EAHS held yet another successful conference, bringing together more than 80 leading UN Agencies/NGOs and over 600 delegates. This think-tank event was attended by leading experts from the humanitarian and private sectors to outline the roadmap for the sustainable development of Africa. Closing the digital divide is one of the prime conditions for lasting success. IEC Telecom (www.IEC-Telecom.com), an esteemed international leader in satellite communications, joined the event to reveal an innovative network management solution powered by the Starlink LEO network. 

Digitalisation holds immense potential to transform the economic landscape of the continent. According to the GSMA Association’s 2024 report, a 10% increase in mobile internet penetration could boost GDP per capita by up to 2.5% across Africa. Yet, according to the World Bank, less than a third of the continent’s population had access to broadband internet as of 2022. Notably, those are the areas heavily dependent on humanitarian support. 

“Bridging the digital gap is not just a technological imperative. It is a pathway to sustainable development and inclusive progress in Africa. Humanitarian sector plays a key role in this transformation, spreading technology and benefits it holds within communities in need,” says Cameron Malik, Events Director, East African Humanitarian Summit (EAHS). 

Low-Earth-Orbit (LEO) telecom networks, such as Starlink, opened new horizons for the aid sector, enabling fast-speed and low-latency connectivity, a prerequisite for seamless operation of modern operations, even in the most remote areas. Licensed in 13 countries, the disruptive operator aims to expand its service across 30 more African states by the end of 2025. 

While LEO fuels digital transformation, network management shapes the architecture of the new connectivity ecosystem. Addressing EAHS delegates, Nabil Ben Soussia, CCO of IEC Telecom Group, presented an innovative solution for the implementation of Starlink within the humanitarian field. 

“Network management is not only about user quality but also flexibility and budget control. Considering escalating geopolitical tensions and the rising number of natural disasters, the humanitarian sector is facing a lot of pressure to optimise aid delivery. – explained Mr. Ben Soussia. – Our new solutions allow NGOs to shift Starlink data allocation between their missions as and when required, achieving maximum productivity over each megabit.”  

In case of emergency, vital connectivity can be swiftly repurposed from routine operations to critical needs, such as telemedicine in field hospitals or seamless live-time monitoring of the vehicular fleet in the affected areas. A number of leading NGOs have shown an interest in this innovative satcom solution, which promises a great shift within the humanitarian industry in the near future. 

“EAHS is dedicated to fostering sustainable development in Africa. Each year, we seek out visionary change-makers who provide solutions that deliver tangible benefits to deprived communities as well as the humanitarian sector as a whole. IEC Telecom exemplifies this commitment. We are deeply grateful for their contribution to the conference and look forward to many years of fruitful collaboration,” concluded Cameron Malik, Events Director, East African Humanitarian Summit (EAHS). 

The path to a digitally inclusive Africa is paved by the connected humanitarian sector, and EAHS 2024 once again showcased its pivotal role in the advancement of progress within the industry. 

Distributed by APO Group on behalf of IEC Telecom.

About EAHS: 
EAHS is East Africa’s longest established&premier humanitarian conference/expo for aid, development and procurement. Hosted annually since 2011, the EAHS Conferences serve as a platform for discussion on cross-sector collaboration between leading UN agencies, government institutions, and the private sector. The event aims to gather decision-makers under one roof to jointly map the future for sustainable development in Africa. Learn more: www.EAHSAfrica.org. 

About IEC Telecom Group: 
IEC Telecom Group is a leading international satellite service provider with nearly three decades of experience in engineering voice and data solutions. Being one of the key service providers to major humanitarian organisations, IEC Telecom also caters to government and private sectors. Recognised as an expert in the field of network management and value-added services, IEC Telecom fosters digitalisation across areas with limited GSM coverage. IEC Telecom delivers satcom solutions globally with a wide distribution network in Africa. Learn more at www.IEC-Telecom.com 

As the global energy landscape shifts towards cleaner and more sustainable sources, Africa’s oil and gas sector faces challenges in securing financing for upstream projects. Nearly $3 billion was mobilized toward African energy projects in 2023 – with a significant portion directed towards natural gas – according to the African Development Bank (AfDB). As global markets evolve, African financing strategies must adapt to support both economic growth and long-term sustainability.

The Financing Upstream Oil&Gas in the Age of Transition session at African Energy Week (AEW): Invest in African Energy will explore how African oil and gas projects are securing financing in a rapidly changing landscape. The session will unpack evolving regulatory frameworks, innovative financing models and the balance between traditional fossil fuel and renewable energy investments. Moderated by Laura Sima, Director of S&P Global Commodity Insights, the panel will feature Trafigura Group Head of Upstream Finance Matthieu Milandri; Africa Finance Corporation Vice President Taiwo Okwor; and Project&Export Finance Africa Managing Director&Regional Head Fathima Hussain.

AEW: Invest in African Energy 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 www.AECWeek.com for more information about this exciting event.

To address shifting investment priorities, a dedicated Africa Energy Bank (AEB) has been launched by the African Petroleum Producers Organization and African Export-Import Bank. To be based in Abuja, the AEB aims to bridge Africa’s infrastructure funding gap and accelerate the development of energy projects across the continent. As a supranational institution, the AEB will provide critical funds for emerging oil and gas projects across Africa, supporting the sector amid the global energy transition, and is currently open for signature by prospective member states.

African natural gas projects have been a leading destination for foreign investment, as gas is considered a cleaner alternative and even labeled as “green energy” in the EU. Projects like Senegal and Mauritania’s Greater Tortue Ahmeyim LNG – led by bp and Kosmos Energy – have secured $4.8 billion in investment from a mix of equity from the IOCs and debt financing supported by multilateral banks. Blended finance – combining both public and private sector capital – has emerged as a critical solution to mobilizing large-scale financing in Africa’s energy sector. The TotalEnergies-led Mozambique LNG project represents a total post-FID investment of $20 billion, of which $14.9 billion comes from senior debt financing including a blend of loans from export credit agencies, multilateral finance agencies like the International Finance Corporation and the AfDB, and commercial banks.

Significant capital is also flowing to high-potential hydrocarbon basins with strong exploration prospects. In Namibia, multinationals TotalEnergies and Shell are continuing to explore the deepwater Orange Basin, with TotalEnergies allocating 30% of its one-billion-dollar exploration budget to the country in 2024 alone. Namibia’s government has been active in courting global financiers, emphasizing the need for sustainable energy development alongside oil and gas exploration and production. In Angola, TotalEnergies, Petronas and state-owned Sonangol secured a $6-billion FID for the Kaminho deepwater project in Block 20 that will develop the Cameia and Golfinho ultra-deepwater fields. The project will employ an all-electric FPSO unit, designed to minimize greenhouse gas emissions and eliminate routine flaring. Independent upstream company Invictus Energy also recently secured $10 million from local institutional investors for its Cabora Bassa project in Zimbabwe to develop the country’s first major oil and gas field.

The upcoming finance session will also position public-private partnerships as a mechanism for financing large-scale energy infrastructure projects, as well as de-risking investments. The Republic of Congo has advanced the development of its Banga Kayo block through an amended PSC with China’s Wing Wah Oil Company, enabling the commercialization of the block’s gas resources. In Nigeria, the $2.6-billion Ajaokuta–Kaduna–Kano gas pipeline is being financed through both public and private funds, with the Nigerian National Petroleum Company as the main financier and international lenders including the Industrial and Commercial Bank of China and Bank of China involved. Nigeria’s Federal Government has provided a sovereign guarantee covering 85% of the project’s costs, securing crucial financing and building investor confidence.

Distributed by APO Group on behalf of African Energy Chamber.

The Angolan upstream oil and gas sector is expected to record a growth rate (https://apo-opa.co/4deumaR) of more than 1.5% during the period 2022 to 2027, with an investment pipeline of up to $60 billion anticipated for the country. On the back of a six-year licensing round and enhanced demand for locally-sourced petroleum, the country is witnessing a robust pipeline of projects, spearheaded by a suite of global and regional companies. Companies active across the Angolan oil and gas value chain are exhibiting at this year’s Angola Oil&Gas (AOG) conference (https://apo-opa.co/4d3X9OV) – taking place October 2-3 in Luanda. 

In response to the heightened demand for AOG 2024, the event has introduced its first-ever exhibition pass. This exclusive pass offers attendees unique access to the highly-anticipated exhibition, which has already sold out. As AOG 2024 gears up to Drive Exploration and Development Towards Increased Production in Angola, stakeholders and industry professionals are urged to secure their exhibition-only passes without delay. Already 20% sold out, the passes offer a prime opportunity to engage with the leading innovators shaping the future of the country’s oil and gas industry. 

AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.  

The AOG 2024 exhibition provides unparalleled access to the latest technological innovations driving project forward across the Angolan oil and gas industry. Attendees have the chance to explore cutting-edge products and services, all while benefiting from the extensive networking opportunities the event offers. From oilfield services and drilling to pipeline and refining to logistics and transport to chemicals and finance, the AOG 2024 exhibition features the best Angola’s oil and gas industry has to offer. 

The event will feature the following platinum exhibitors: 

The National Oil, Gas&Biofuels Agency of Angola 
Sonangol 
Chevron 
Labman 
TotalEnergies 
Cultivium 

Additionally, the following gold exhibitors will be featured: 

Cabship 
Petrowork 
ENSA 
Unisaude Seguros 
Azule Energy 
Sonamet 
Ambipar 
Stapem Group 

Silver exhibitors include: 

Grupo Calema Limpando 
DHL 
ISQ Apave 
Banco Sol 
TECSEP 
Prometim 
All Brokerage Solutions 
E&M 
ACREP 
Petromar 
Alliance Ambiental Angola 

These are just some of the many companies that have joined the AOG 2024 conference to exhibit their innovative solutions, products and technologies. Don’t miss out on this unique opportunity to be part of Angola’s premier oil and gas event. Secure your exhibition-only pass today and be part of shaping the future of Angola’s production growth. For more information and to purchase your pass, visit www.AngolaOilandGas.com or contact sales@energycapitalpower.com. 

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