The programme aims to upskill participants in the energy sector.

With an aim to advance the Energy Jeel Initiative, the African Energy Chamber has entered a strategic partnership with the Ministry of Oil and Gas of Libya

The programme aims to upskill participants in the energy sector, keeping in mind a just and inclusive energy future that is currently driving Africa. Areas of focus will include skills development, innovation, entrepreneurship and gender inclusion in the energy workforce, with an approach designed to integrate Libya into the nation’s energy community. The AEC will work closely with the Ministry to facilitate on-the-job training and internships; host joint ventures, workshops and youth summits; provide visibility and endorsement through AEC platforms and publications; and enable access to Africa’s vast energy networks.

By investing in youth-led growth, the Energy Jeel Initiative will help address critical challenges in Africa’s energy future – including energy poverty, workforce gaps and the need for greater regional collaboration. With over 600 million Africans lacking access to electricity and 900 million still reliant on traditional biomass for cooking, Africa’s oil, gas and renewable energy resources pose a strong opportunity to drive industrialisation. Building a skilled and inclusive workforce is key to cultivating this sustainable development.

Libya’s energy sector offers vast potential for both fossil fuel and renewable energy development. With significant oil and gas reserves, alongside world-class solar and wind resources, the country is uniquely positioned to play a major role in Africa’s energy security and transition. Through the Energy Jeel Initiative, the Ministry of Oil and Gas aims to ensure that this development benefits all segments of society, particularly young people and women. 

The Energy Jeel Initiative also stands to benefit from Libya’s renewed upstream momentum, with recent developments such as ExxonMobil’s MoU with the country’s National Oil Corporation signaling fresh investment and exploration activity. As global players re-engage with Libya’s oil and gas sector, the Initiative will equip young professionals with the technical skills and industry knowledge they need to participate in and lead future projects. This alignment ensures Libya’s youth are directly connected to the country’s expanding role in Africa’s energy landscape.

A MoU was signed between the Ministry of Petroleum and Mineral Resources and UEG. (Image source: Ministry of Petroleum and Mineral Resources)

While paying an official visit to the United Arab Emirates, Karim Badawi, Minister of Petroleum and Mineral Resources, held a meeting with Song Yu, chairman and executive director, Kamel El-Sawi, the company's Regional President for Africa, and the accompanying delegation

UEG's investment expansion interests in Egypt and its strategic partnership with the Egyptian petroleum sector in Iraq were acknowledged during the meeting.

A memorandum of understanding (MoU) was signed between the Ministry of Petroleum and Mineral Resources and UEG to establish a strategic framework for cooperation in exploring investment opportunities in the oil and gas sectors inside and outside Egypt, while exploring the possibility of expanding renewable energy projects and energy trading activities.

Following the signing, Song Yu appreciated the fruitful cooperation with the Egypt's petroleum sector, highlighting that the successes achieved on the ground reinforce the company's desire to continue expanding the partnership, especially in light of the strategic pillars and efforts by the Ministry of Petroleum, under the leadership of the Minister of Petroleum, to attract investment and develop the sector.

Both partners have entered into detailed commercial discussions.

Europa Oil & Gas' associated company, Antler Global Limited, will be farming out an interest in the EG08 production sharing contract (PSC) offshore Equatorial Guinea by a non-binding Heads of Terms with a major energy company 

Both partners have entered into detailed commercial discussions to advance the farm out agreement, which will become official once approved by the Minister for Energy of Equatorial Guinea. 

Europa has a 42.9% equity interest in Antler which in turn holds an 80% working interest in the EG-08 PSC, with the remaining 20% held by GEPetrol (Guinea Equatorial de Petroleos), the national oil company of Equatorial Guinea, representing the State’s interest.

The EG-08 block contains 2.116 TCF (Pmean), with the primary prospect being Barracuda which is estimated to be 798 BCF (Pmean).

William Holland, chief executive officer of Europa, said, “The signing of these heads of terms is a very positive step forward and comes after an extensive period of negotiations with what we believe is an excellent partner. Although there are no guarantees, I am confident that we will progress to signing a farm out agreement in the coming months and will then move to drilling the Barracuda well as soon as possible thereafter. I look forward to updating the market of our progress in due course.”

Alvenco is led by Namibia’s former-Minister of Mines and Energy Tom Alweendo. (Image source: African Energy Chamber)

Namibia's exploration and production industry is drawing increased investments before it readies for production in 2029

It is emerging as the leading hydrocarbons producer from Africa as global oil giants and independents as well as local energy companies are investing in the country. These companies need expert advice to navigate Namibia's unique industry, and the newly launched Alvenco Advisory is addressing this need.

Led by Namibia’s former-Minister of Mines and Energy Tom Alweendo, the firm is a strategic advisory provider that generates investment pathways that will bring profit, inclusivity and sustainability. The firm's approach is collaborative as it works closely with the government stakeholders and private companies so that they step in sync with the country's energy goals through policy and regulatory support, strong alignment with national priorities, local stakeholder engagement and ESG focus as well as strategies for shared value and long-term returns. 

The advent of Alvenco Advisory couldn't have been more timely given the global rise of Orange Basin. Next year, TotalEnergies awaits reaching a final investment decision for its Venus discovery. Galp, on the other hand, has been reporting consistently good yields from the Mopane wells.

On the exploration front, Rhino Resources is making strides towards field development following a discovery at the Capricornus-1X well in April 2025 and the confirmation of a hydrocarbon reservoir at the Sagittarius-1X well in February 2025. Halliburton is set to drill two exploration wells at Block 2914 in PEL 85 while Stamper Oil & Gas Corp is also pursuing exploration projects in the Orange and Lüderitz Basins. Chevron is spearheading exploration in the Walvis Basin following its acquisition of an 80% stake in Blocks 2112B and 2212A. These investments seek to unlock a new hydrocarbon province in southern Africa.

“Namibia is on the cusp of extraordinary change. With major oil discoveries and bold steps into green hydrogen, we have a unique opportunity and responsibility to ensure that our natural resources uplift all Namibians. Alvenco Advisory will not only support global investors in Namibia, but ensure their investments unlock tangible opportunities for the people of Namibia. At Alvenco Advisory, we are committed to driving inclusive and sustainable projects. We are here to align the goals of governments and investing companies – if you’re investing in Namibia or thinking about it let’s talk," said Alweendo.