Latest news with #EnergyChamber
Zawya
09-06-2025
- Business
- Zawya
Oceaneering Supports Angolan Oil Growth, Joins Angola Oil & Gas (AOG) 2025 as Silver Sponsor
Subsea engineering and applied technology company Oceaneering has joined Angola's premier industry event – Angola Oil&Gas (AOG) – as a Silver Sponsor. With a strong track record of delivering innovative solutions that support offshore oil and gas projects, Oceaneering helps drive Angolan hydrocarbon growth. The sponsorship reflects this commitment and is expected to open new doors for partnerships within the industry. Angola's offshore oil and gas market is growing rapidly, driven by the country's multi-year licensing round and ongoing exploration and production campaigns. A $60 billion upstream investment pipeline is planned for the country in the next five years, reflecting the commitment by investors to maximize output and unlock new frontiers. In 2025, a licensing round offering ten blocks in the offshore Kwanza and Benguela basins is expected to entice further spending, thereby boosting the demand for oilfield services. 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@ Active in Angola since the 1980s, Oceaneering has supported various large-scale projects through services including remotely operated vehicles and remote operations, diving services, asset integrity and inspection, vessel management, as well as engineering, machining and fabrication. These services are driven by the company's multiple, state-of-the-art facilities in Luanda and Cabinda. Major contracts include transportation and installation work on the Girassol life extension project in Angola's offshore Block 17 – one of the country's legacy fields. The company was responsible for air and saturation diving services, project management, engineering and procurement activities, in support of the recovery and replacement of 12 risers. Services commenced in 2023 and will progress until late-2025. Previous contracts include by Cabinda Gulf Oil Company for works related to offshore Blocks 0 and 14 and by bp for works related to Blocks 18 and 31. As the biggest event of its kind in the country, AOG 2025 unites the entire industry – from upstream operators to oilfield service providers to technology experts, downstream players and financiers. The event takes place under the theme Angola 50 Years: Oil and Gas as a Development Driver, aligning with national goals of supporting production growth and driving long-term and impactful economic growth. Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
13-05-2025
- Business
- Zawya
African Ministers to Tackle Energy Investment Gap at Invest in African Energy (IAE) 2025
At Invest in African Energy 2025, a high-level ministerial panel will bring together energy ministers from Nigeria, Guinea-Bissau, the Democratic Republic of Congo (DRC) and Zimbabwe to examine the capital requirements and strategic partnerships needed to bring Africa's next generation of energy projects online. Set against a backdrop of evolving global energy dynamics and intensifying pressure to meet net-zero targets, the session – 'Africa on the Global Energy Stage: Financing the Next Generation of Energy Projects' – will explore how African nations are navigating complex investment landscapes to drive sustainable hydrocarbon development. Moderated by NJ Ayuk, Executive Chairman of the African Energy Chamber, the discussion will feature Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas) of Nigeria; Malam Sambu, Minister of Energy of Guinea-Bissau; Wivine Moleka, Deputy Minister of Hydrocarbons of the DRC; and July Moyo, Minister of Energy&Power Development of Zimbabwe. IAE 2025 ( 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 To sponsor or participate as a delegate, please contact sales@ Nigeria, which holds the largest natural gas reserves in Africa, is advancing its 'Decade of Gas' agenda under a reform-oriented administration working to reposition the country as a global gas hub. The government is prioritizing infrastructure development, market liberalization and targeted policy incentives to draw large-scale investment into the sector, which has already led to major capital commitments from international players including Shell, Chevron and TotalEnergies, and the rollout of new LNG, FLNG and mini-LNG projects. In Guinea-Bissau, the energy sector is entering a new phase of exploration and frontier investment. As one of the continent's least developed hydrocarbon markets, the country is laying the institutional and regulatory foundations for future growth, with an emphasis on public-private collaboration and regional integration. Last September, Guinea-Bissau spudded a deep offshore exploration well near the neighboring Sangomar discovery in Senegal, marking a significant step toward unlocking its offshore potential. The DRC, meanwhile, is pushing to unlock the potential of its underexplored hydrocarbon basins. With a renewed focus on exploration and development, the DRC is pursuing strategic licensing efforts and engaging international partners to accelerate activity, while also seeking to balance environmental considerations with its economic development goals. Zimbabwe continues to prioritize energy diversification and regional power security. In recent years, the country has undertaken efforts to expand its generation capacity and foster investment through independent power producers and infrastructure partnerships. As southern Africa faces persistent energy shortfalls, Zimbabwe is positioning itself as a critical part of the regional solution. Together, Africa's leading energy ministers will engage in a forward-looking dialogue on innovative partnership models, policy frameworks and the capital flows needed to ensure Africa's energy projects not only get off the ground, but also deliver long-term value for both investors and local economies. Distributed by APO Group on behalf of Energy Capital&Power.
