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African Energy Chamber

Name: African Energy Chamber
Address: Suite 24 Katherine & West 114 West Street, Sandton, 2031, ZA
Telephone: +27112455900

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The voice of the African Petroleum Industry, the only African Advocacy Association representing all facets of the African oil and gas industry.

26/10/2026

The African Energy Chamber (AEC) stands in solidarity with Gabon and the families, colleagues and companies affected by the sinking of the Prospector 5 offshore rig.

The incident, which occurred off the coast of Mayumba on October 24, has prompted ongoing search-and-rescue operations, with four workers still missing and one fatality reported.

The AEC extends its deepest condolences to the family of the worker who lost his life and calls for continued support for the missing workers, survivors and their loved ones.

As the search continues, the Chamber urges coordinated action, transparent communication and practical assistance from the companies involved, Gabonese authorities and industry stakeholders. This tragedy also underscores the importance of offshore safety, emergency preparedness and protecting the lives of personnel across Africa’s oil and gas sector.

As NJ Ayuk, Executive Chairman of the African Energy Chamber, emphasizes, the African energy industry must stand together in supporting Gabon and every family affected by this tragedy.

Read the full statement: https://energychamber.org/african-energy-chamber-stands-in-solidarity-with-gabon-following-sinking-of-prospector-5-offshore-rig/

26/10/2026

The African Energy Chamber (AEC) Executive Chairman, NJ Ayuk, will speak at the 3rd Russia–Africa Summit, taking place October 28–29, 2026, contributing to discussions on strengthening partnerships, unlocking investment opportunities and advancing Africa’s energy development.

The summit provides an important platform for African and Russian leaders, policymakers and business representatives to strengthen economic cooperation, explore strategic partnerships and identify opportunities for investment across key sectors, including energy.

As Africa continues to pursue energy security, industrialization and universal access to affordable energy, international partnerships and investment will be essential to developing the continent’s vast natural resources and building a more prosperous future.

Through its participation, the African Energy Chamber continues to champion Africa’s energy interests, investment opportunities and the continent’s right to leverage its resources to drive economic growth and development.

25/10/2026

The African Energy Chamber extends its deepest condolences, prayers and solidarity to the people of Gabon, the families of the workers involved, and the teams at BW Energy, Panoro Energy, Gabon Oil Company and Borr Drilling following the tragic sinking of the Prospector 5 offshore drilling rig.

Of the 115 people aboard, 110 have been safely accounted for, while five remain missing as search-and-rescue operations continue.

Our thoughts are with the missing workers, their loved ones, their colleagues and the emergency response teams working tirelessly under difficult conditions. We stand in solidarity with all those affected by this tragedy and commend the ongoing efforts to locate the missing personnel.

We urge all stakeholders to continue working closely with the Gabonese authorities and emergency responders, ensuring that every available resource and technical capability is directed towards the search-and-rescue operation. Supporting affected families, maintaining transparent communication and prioritising the safety and well-being of personnel must remain central to the response.

This is a difficult moment for Gabon and the wider African energy industry. The sector must stand together, offering practical support and solidarity to everyone affected.

The immediate priority is to bring the missing workers home. The African Energy Chamber stands with Gabon, BW Energy, Panoro Energy, Gabon Oil Company, Borr Drilling and the families and colleagues affected as search-and-rescue efforts continue.

06/10/2026

Namibia’s offshore discoveries have transformed the scale of the country’s energy opportunity. But discovery alone will not deliver national prosperity.

The next phase is about turning resources into lasting value, by building skills, competitive businesses, infrastructure, strong institutions and industries capable of creating value for generations.

As Namibia moves from exploration towards appraisal, investment, financing and development, local participation will be critical. Building competitive Namibian businesses, strengthening technical capabilities and ensuring investment succeeds alongside local capacity can create a stronger and more inclusive energy economy.

The opportunity extends beyond oil and gas, with power, renewables, infrastructure, logistics, finance, technology, engineering and services all playing a role in Namibia’s wider energy future.

The discovery has been made. What Namibia builds from it will be the real legacy.

Read “Beyond Discovery: Realising Our Shared Energy Opportunity” by Ndapwilapo Selma Shimutwikeni here: https://energychamber.org/beyond-discovery-realising-our-shared-energy-opportunity/

02/10/2026

Custos Energy subsidiary Trago Energy has agreed to transfer its 10% participating interest in PEL 90 to Chevron affiliate Harmattan Energy in a deal that provides immediate value to a Namibian company while maintaining financial participation in potential future success.

Trago will receive $11 million in cash at completion, alongside further contingent consideration linked to appraisal and commercial production milestones as exploration advances.

The transaction comes as Chevron prepares the Nabba-1X exploration well, targeting a drill-ready prospect within the broader mid-Cretaceous sandstone play that has delivered major discoveries elsewhere in the Orange Basin.

With PEL 90 covering approximately 5,433 km², and Chevron working alongside QatarEnergy, Equinor and Namcor, the license reflects the growing international interest in Namibia’s offshore exploration sector.

The transaction will also support local education infrastructure, with the Knowledge Katti Foundation committing N$10 million to the University of Namibia Foundation for construction of a new campus in Walvis Bay.

As exploration advances, PEL 90 highlights the potential for Namibia’s offshore resources to generate investment, jobs and business opportunities across drilling, engineering, logistics, fabrication and services.

Read the full story: https://energychamber.org/custos-chevron-deal-sets-stage-for-new-pel-90-exploration-upside/

01/10/2026

The African Energy Chamber (AEC) and project developer and commodities broker Ground State Market Solutions (GSMS) have signed a two-year MoU to evaluate and advance and supplies from to African markets, initially targeting West Africa.

The agreement will explore the commercial, logistics and regulatory pathways required to connect supplies with demand, including available volumes, product specifications, terminal access, marine transportation, pricing and delivered-cost assumptions.

With first commercial movements targeted from Q3 2029, the partnership will also explore nearer-term supply opportunities where feasible.

The collaboration will leverage African Energy Week AEC 2026, taking place in Cape Town from 12–16 October, to advance discussions with governments and commercial stakeholders.

A practical framework for bringing suppliers, governments, infrastructure operators, financiers and potential offtakers into the same conversation.

Read the full story: https://energychamber.org/aec-ground-state-market-solutions-sign-mou-to-advance-canadian-lng-lpg-supply-to-africa/

30/09/2026

The African Energy Chamber Executive Chairman NJ Ayuk is set to join Thami Ngubeni on Africa in Business on Channel Africa for an important discussion on the court action threatening the Dangote Refinery in Kenya.

The conversation will unpack the Chamber’s concerns around the court ruling, the land issue at the centre of the matter, and possible pathways toward resolving the dispute while protecting investment and supporting Africa’s energy ambitions.

NJ Ayuk will also discuss what the refinery could mean for Kenya, Africa’s energy industry and the continent’s broader drive to strengthen refining capacity and build a more secure and resilient energy future.

Tune in at 18:10 as NJ Ayuk brings the African Energy Chamber’s perspective to the conversation. https://www.youtube.com//streams

25/09/2026

Ludoil Capital has completed the acquisition of a 51% stake in ISAB, the Mediterranean’s largest refinery, assuming industrial leadership and operational control of the facility.

The five-year investment programme will focus on restoring and upgrading refinery infrastructure while advancing the conversion to biofuels, including biogasoline, Sustainable Aviation Fuel and Hydrotreated Vegetable Oil.

The transaction also retains ISAB’s current workforce, with investment works expected to engage around 1,000 additional people across engineering, logistics and construction.

With ISAB now at the centre of its portfolio, Ludoil becomes Italy’s largest privately held multi-energy company, with expected consolidated revenues of around €13 billion annually.

Read more: https://energychamber.org/ludoil-acquires-controlling-stake-in-mediterraneans-largest-refinery-plans-e1-3b-investment/

24/09/2026

TotalEnergies and Amni International Petroleum Development Company Limited have reached Final Investment Decision for the Ima gas field, advancing a discovery made in 1973 into commercial development.

Expected to produce around 350 million standard cubic feet per day from 2028, the project will provide approximately one-third of the gas required for LNG’s Train 7 expansion.

With AMNI holding a 60% interest, companies involved in key contracting, local financial institutions arranging 77% of project financing, and around 60% of the development workforce expected to come from host communities, the project also highlights growing indigenous participation across ’s gas sector.

The Ima development marks another step toward unlocking ’s gas resources and strengthening its position as a global gas exporter.

Read more here: https://energychamber.org/ima-gas-800m-fid-brings-major-boost-to-nigerias-lng-expansion/

24/09/2026

A new Memorandum of Understanding between Petrobras and Mozambique’s Empresa Nacional de Hidrocarbonetos (ENH) is setting the foundation for strategic cooperation across the oil and gas sector.

The two-year agreement will support joint studies, evaluation, development and commercialisation, alongside knowledge sharing and the exchange of technical expertise.

The partnership comes as Mozambique advances its energy ambitions and seeks to attract investment, strengthen capabilities and unlock new opportunities across its oil and gas value chain.

As Mozambique looks to deepen its energy sector, partnerships that connect international expertise with local opportunities will be increasingly important.

Read full article here: https://energychamber.org/petrobras-and-enh-pact-opens-new-investment-and-technology-pathway-for-mozambique/

Address

Suite 24 Katherine & West 114 West Street
Sandton
2031

Opening Hours

Monday	08:00 - 17:30
Tuesday	09:00 - 17:00
Wednesday	09:00 - 17:00
Thursday	09:00 - 17:00
Friday	09:00 - 17:00

Telephone

+27112455900

Website

http://www.energychamber.org/

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