{"id":51109,"date":"2025-01-15T22:40:16","date_gmt":"2025-01-15T22:40:16","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/invest-in-african-energies-reception-in-rio-de-janeiro-to-spotlight-brazil-africa-energy-opportunities"},"modified":"2025-01-21T21:07:48","modified_gmt":"2025-01-21T21:07:48","slug":"invest-in-african-energies-reception-in-rio-de-janeiro-to-spotlight-brazil-africa-energy-opportunities","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/invest-in-african-energies-reception-in-rio-de-janeiro-to-spotlight-brazil-africa-energy-opportunities","title":{"rendered":"Invest in African Energies Reception in Rio De Janeiro to Spotlight Brazil-Africa Energy Opportunities"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Lesotho. <\/strong><\/span>The event, taking place on January 30, is part of a working visit by the African Energy Chamber to Brazil, promoting the Invest in African Energy 2025 Forum in Paris and highlighting Brazil-Africa energy investment and cooperation opportunities.<\/p>\n<p>The African Energy Chamber (AEC) is set to host the Invest in African Energies Reception on January 30, 2025, at the iconic Copacabana Palace in Rio de Janeiro. Scheduled from 18:30 to 22:00, this exclusive networking event forms part of the AEC\u2019s week-long working visit to Brazil, taking place from January 28-31.<\/p>\n<p>The Reception will spotlight Brazil-Africa energy investment opportunities, highlighting the pivotal contributions of state-owned Petrobras , leading IOCs and Brazil\u2019s independent oil and gas producers in advancing cross-continental collaboration. Petrobras is actively pursuing opportunities in South Africa, Namibia and Angola, including a planned 40% stake acquisition in Namibia\u2019s Mopane oil and gas exploration block. With advanced deepwater expertise refined in Brazil\u2019s Campos and Santos Basins, Petrobras is well-positioned to drive transformative progress in Africa\u2019s offshore developments, including strategic projects in the Orange Basin.<\/p>\n<p>Adding to Petrobras\u2019 leadership are Brazil\u2019s independent producers, whose rise has been fueled by Petrobras\u2019 investment program. Companies like PRIO, 3R Petroleum, Enauta and PetroReco\u0302ncavo have demonstrated expertise in revitalizing mature fields, optimizing production systems and employing advanced extraction technologies. Their capabilities in upstream operations, from field rejuvenation to long-term asset management, offer valuable insights and solutions for Africa\u2019s onshore and offshore energy developments. Together, these players exemplify how Brazil\u2019s energy sector can provide the technical skills and investment strategies needed to unlock Africa\u2019s energy potential.<\/p>\n<p>Brazil\u2019s energy landscape is also shaped by IOCs including ExxonMobil, bp, Shell and TotalEnergies , each with established portfolios in Brazil\u2019s pre-salt basins. TotalEnergies is in discussions with Petrobras to collaborate on projects outside Brazil, targeting regions such as Namibia, Angola and Suriname. TotalEnergies\u2019 growing global strategy, which includes a robust $50-$60 per barrel benchmark for approving new oil projects, highlights synergies that could connect Brazil\u2019s offshore expertise to Africa\u2019s developing resources. Notably, TotalEnergies and Petrobras already collaborate on Brazil\u2019s fast-expanding Mero project in the pre-salt region, setting a precedent for successful partnerships. As Petrobras signals readiness to explore opportunities across the Atlantic Basin, joint initiatives with IOCs could catalyze transformative projects in Africa\u2019s upstream sector.<\/p>\n<p>As a precursor to African Energy Week (AEW): Invest in African Energies 2025, the Rio de Janeiro Reception will promote the next edition of this landmark event, scheduled to take place from September 29 to October 3 in Cape Town. AEW: Invest in African Energies is the first gathering for the continent\u2019s energy sector, bringing together global energy stakeholders, project developers and policymakers to expand Africa\u2019s investor base, catalyze new sources of capital, and foster strategic partnerships. Meanwhile, the Invest in African Energy Forum, set for May 13-14, 2025, in Paris, will serve as another critical platform for highlighting Africa\u2019s energy potential, connecting industry leaders with lucrative investment opportunities, and further advancing the objectives of these key energy events.<\/p>\n<p>As Brazil prepares for this year\u2019s COP, it is seizing the opportunity to foster collaboration among Brazilian authorities and African stakeholders, with a focus on promoting a just transition to a sustainable energy future by leveraging Brazil\u2019s thriving energy industry. Companies like the Namibia Energy Corporation and Brazilian service providers are already collaborating to develop new fields, showing the potential for impactful partnerships. Efforts are also underway to engage additional companies and identify key Brazilian players who can drive meaningful change in advancing energy solutions for both Brazil and Africa.<\/p>\n<p>\u201cThe Invest in African Energies Reception in the vibrant city of Rio de Janeiro provides a valuable platform to strengthen Brazil-Africa ties, building on Petrobras\u2019 renewed focus on Africa to drive mutual growth. It also pave the way for high-level discussions and deal-signings in Cape Town and Paris, where Africa\u2019s most compelling investment opportunities will be presented to leading energy players and the global investment community,\u201d says NJ Ayuk, Executive Chairman of the AEC.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Lesotho<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Lesotho. The event, taking place on January 30, is part of a working visit by the African Energy Chamber to Brazil, promoting the Invest in African Energy 2025 Forum in Paris and highlighting Brazil-Africa energy investment and cooperation opportunities. The African Energy Chamber (AEC) is set to host the Invest in African Energies [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":51108,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[245],"class_list":["post-51109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-lesotho"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Invest in African Energies Reception in Rio De Janeiro to Spotlight Brazil-Africa Energy Opportunities - Lesotho<\/title>\n<meta name=\"description\" content=\"The event, taking place on January 30, is part of a working visit by the African Energy Chamber to Brazil, promoting the ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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