The Energy Circle

The Libya National Oil Corporation (Libya NOC) Announces the Bid Round Roadshow in Istanbul, Türkiye! Libya’s first exploration licensing round in 17 years features 22 onshore and offshore blocks across strategic hydrocarbon basins, including 19 confirmed discoveries. These blocks offer a rare and exciting opportunity for upstream investment and strategic partnerships in one of North Africa’s most resource-rich nations. Taking place on the 17th of April 2025 in Istanbul, Türkiye, the Libya Bid Round Roadshow – Istanbul is organised by the Libya National Oil Corporation (Libya NOC), MEDOIL ISTANBUL, IN-VR, and The Energy Circle. 🔗 Register now: https://lnkd.in/dxznuWGT 🌐 Learn more about the Libya Licensing Round 2025: https://nocbr.ly/homepage 📩 For more information, contact us at: https://lnkd.in/dNMH7_g6 #LibyaEnergy #OilAndGas #LicensingRound #LibyaNOC #MEDOIL #INVR #TheEnergyCircle #BidRound2025 #UpstreamOpportunities #EnergyInvestment #NorthAfricaEnergy

The Autoridade Nacional do Petróleo, I.P. (ANP) successfully hosted a key inter-agency workshop on March 21st at City 8 Manleuana, Dili, focused on strengthening coordination and regulatory alignment for onshore oil and gas exploration in Timor-Leste. The workshop was held in support of the PSC TL-OT-22-22 contract area, located in the municipality of Viqueque, and operated by HTS Exploration Ltd. The event brought together representatives from a wide range of government institutions, including Autoridade Aduaneira, Serviços Migração Timor-Leste, SEFOPE, Aportil, Timor Port SA, Autoridade Tributaria, PNTL UEP, and the President of the Municipality Authority (PAM) of Viqueque, Mr. Francisco Cruz Simões de Gonzaga Soares, who attended with his team and ANP officials. The one-day session served as a strategic opportunity for knowledge-sharing, helping to streamline administrative processes while reinforcing the importance of inter-agency cooperation in the development of the country’s natural resources. The workshop also served as a formal introduction between the operator and local authorities, fostering early engagement and trust. Are you interested in Timor-Leste’s developments? Join our 5th Timor-Leste Energy, Mining & Business Forum 2025 on 24th - 26th November 2025, in Dili, Timor-Leste. Link in the comments? #TimorLeste#OilAndGas#EnergyDevelopment#HTSExploration#Viqueque#ANPTimorLeste#PetroleumSector#SustainableEnergy

In a key step towards strengthening governance and employment standards in the extractive sector, the President of the Autoridade Nacional do Petróleo (ANP TIMOR LESTE), Mr. Gualdino da Carmo da Silva, and the President of the Autoridade Nacional dos Minerais (ANM), Mr. Rafael Danilson de Araújo, officially signed a Memorandum of Understanding (MoU) on Wednesday, 26 March 2025. This MoU establishes a strategic cooperation framework between the two institutions, aimed at jointly drafting a Decree-Law for Employment in the Extractive Industry. The primary objective is to form a dedicated working group responsible for managing and coordinating the development of the draft legislation, ensuring a streamlined and inclusive approach. The MoU reflects a shared commitment to building a strong legal foundation for employment in the sector, promoting transparency, and aligning with international standards for sustainable resource development. #memorandumunderstanding #cooperation #industry #extractive #employment #act #law #managing #coordinating #developing #ANP #ANM #TimorLeste

🇦🇷 Argentina Strengthens Its Role as a Regional Gas Powerhouse Pluspetrol has secured a landmark deal to supply Uruguay with Vaca Muerta gas until 2028, making it Argentina’s top gas exporter in 2025 so far. This agreement reinforces regional energy integration while positioning Vaca Muerta as a key player in the global gas market. With firm supply contracts and growing production at La Calera, Pluspetrol is leading the way in unlocking Argentina’s energy potential. 🔎 What does this mean for Argentina’s energy exports? 👇 Read the full article in the link in the comments #Argentina #VacaMuerta #NaturalGas #EnergyExports #LatAmEnergy

📢 Rising tensions in the Caribbean: Venezuela and Guyana face off over offshore energy assets A Venezuelan military vessel has been spotted near an ExxonMobil platform in contested waters, reigniting a long-standing territorial dispute between the two nations. 🇻🇪 Venezuela claims the area remains legally undefined and accuses Guyana of provocation. 🇬🇾 Guyana views the vessel’s presence as a direct threat to its sovereignty and has sought international support. 🇺🇸 The United States has weighed in, backing Guyana and warning Venezuela against further escalations. 🔎 The dispute over the Essequibo region, rich in natural resources, has been intensifying, especially after Venezuela’s recent referendum on annexation. With geopolitical stakes rising and strategic energy assets at the centre, the Caribbean faces growing uncertainty. 📌 How could this conflict impact regional energy security?

⚡ New energy opportunities in the Caribbean: Guyana and the Dominican Republic push forward key agreements 🌍 As Guyana cements its position as an energy powerhouse, new regional partnerships are emerging. The Dominican Republic is looking to explore the Berbice offshore block, recently relinquished by CGX Energy Inc. 🔹 Key agreements in progress: ✅ Joint oil and gas exploration and production. ✅ Development of a refinery in Guyana to reduce fuel import dependency. ✅ Construction of a petrochemical and urea plant, with export potential. ✅ ExxonMobil-led consortium to supply natural gas for power generation, petrochemicals, and LNG production. 📈 With its ambitious plans for refining and petrochemical infrastructure, Guyana is rapidly becoming a dominant force in the Caribbean energy market. These developments could significantly reshape the region’s energy security and supply chain dynamics. 💬 What impact do you think this partnership will have on energy prices and investments in the Caribbean?

Trinidad and Tobago is solidifying its position as a key LNG exporter with a new deepwater gas development agreement. The country has reached a preliminary deal with Woodside Energy for the commercialisation of the Calypso gas project, a major offshore resource. This agreement strengthens long-term energy security while ensuring Trinidad and Tobago remains competitive in the global gas market. With natural gas playing a crucial role in the energy transition, strategic projects like Calypso are vital for meeting global energy demand. 🌍 How will this impact LNG markets in the region? #TrinidadAndTobago #NaturalGas #LNG #EnergySecurity #OffshoreDevelopment

Libya's National Oil Corporation (NOC) has officially launched a public bidding round for oil and gas exploration after a 17-year hiatus. The announcement was made by NOC’s Acting Chairman, Engineer Masoud Suleiman, during a high-profile ceremony attended by Libya’s Prime Minister, H.E. Abdul Hamid Dbeibah, Acting Minister of Oil, Dr. Khalifa Abdel-Sadiq, and the Minister of State for Communication. In his address, Engineer Suleiman emphasized the significance of this milestone, noting that despite Libya’s vast hydrocarbon potential, over two-thirds of its territory remains unexplored. He highlighted that this initiative is not only aimed at increasing oil and gas production but also at stimulating economic growth, fostering private sector participation, and creating new job opportunities for Libyan youth. "The return of major oil companies to exploration activities in Libya will strengthen the country's position among global oil producers and contribute to increasing its proven reserves," Suleiman stated. He added that this would support Libya’s long-term energy strategy and boost national income. During the ceremony, a dedicated committee presented a detailed technical briefing outlining the bidding process, eligibility criteria, and technical specifications for interested companies. The NOC aims to attract international and regional investors to revitalize Libya’s energy sector, unlock new resources, and enhance production capacity. This exploration round marks a critical step in Libya’s efforts to restore its oil and gas industry to pre-crisis levels, signaling renewed confidence in the sector’s stability and growth potential.

The Autoridade Nacional do Petróleo I.P. (ANP TIMOR LESTE) has officially awarded Environmental Licenses to 15 companies operating fuel filling stations and LPG refilling facilities. This milestone underscores their commitment to responsible petroleum practices, environmental protection, and safety. The licenses, awarded in a formal ceremony, recognize the commitment of these companies to responsible petroleum practices and their dedication to minimizing environmental impact. This milestone signifies not just regulatory compliance but also a pledge to uphold industry best practices, ensuring operations that prioritize environmental sustainability, human health, and safety. The licensed companies include Bidiq Fulltank Unipessoal, Alexa Fuel Unipessoal, Realistic Fuel Unipessoal, Lafahek Oil & Gas, Klean Gas, Pertamina International Timor, Golden Energy VIP, Express Distribution Services, Asmaetete Unipessoal, Morsa Mail-Mer, Gitome Fuel, El-Pasra, and Dingjos Sorte across Dili, Liquica, Tibar, Maubessi, Baucau, and Ermera. Are you interested in Timor-Leste’s developments? Join our 5th Timor-Leste Energy, Mining & Business Forum 2025 on 24th - 26th November 2025, in Dili, Timor-Leste. Link in the comments.

The Autoridade Nacional do Petróleo – Timor-Leste (ANP TIMOR LESTE) delegation, led by President Mr. Gualdino do Carmo da Silva, visited CALTECH's material recovery facility in Beduku on February 22, 2025. This visit aimed to reinforce collaboration between ANP and CALTECH, a leading player in project management and sustainability initiatives in Timor-Leste. The tour provided ANP with valuable insights into CALTECH’s advanced waste management systems and future project readiness. CALTECH's Owner, Co-founder, and Advisor, Mrs. Sheilla de Caldas, alongside Group General Manager Mr. Andy Jacob, guided the ANP team through the facility, offering a comprehensive overview of the waste separation and recycling processes. The facility specializes in sorting plastics, glass, wheels, and general waste while introducing innovative recycling solutions. During the tour, CALTECH showcased its Triplex Type 3 technology, which categorizes waste into Industrial, Marine, and Premium Triplex Circular, a sustainable and durable material designed to support various project needs. These innovations align with Timor-Leste’s growing commitment to environmental sustainability and effective waste management. The visit followed a courtesy meeting held on February 21, 2025, where key stakeholders, including Mrs. Sheilla Caldas, CALTECH Co-Founder and CEO Mr. Jean Vezina, and ANP President Mr. Gualdino da Silva, engaged in discussions on enhancing waste management strategies in the country. The discussions underscored the shared commitment to driving sustainable solutions and fostering industry partnerships in Timor-Leste’s development agenda. This engagement marks a significant step in strengthening cooperation between the energy and sustainability sectors, ensuring that Timor-Leste advances in both environmental responsibility and economic progress. Are you interested in Timor-Leste’s developments? Join our 5th Timor-Leste Energy, Mining & Business Forum 2025 on 24th - 26th November 2025, in Dili, Timor-Leste. Link in the comments.