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African Energy Week (AEW) 2025: Invest in African Energies is proud to announce that Roger Tucker, CEO of Meren Energy, and Dr. Oliver Quinn, Chief Commercial Officer, will join its high-level speaker lineup in Cape Town. Representing one of Africa’s most dynamic upstream oil and gas companies, Tucker and Quinn will highlight Meren Energy’s transformation and progress in developing assets across the continent following a major rebrand earlier this year.

Formerly known as Africa Oil Corp. – one of the continent’s pioneering exploration companies – Meren Energy unveiled its new identity in May 2025, marking the start of an ambitious growth strategy. The transition coincided with Brazilian financier BTG Pactual acquiring a 35% stake in the company, bringing significant investment expertise from Latin America. The deal effectively doubled Meren’s reserves and production in the Akpo, Egina and Agbami oil and gas fields offshore Nigeria. Building on this momentum, the company is now advancing plans to secure more direct interests in large-scale deepwater assets, positioning itself as a leading player in Nigeria’s upstream future.

Beyond Nigeria, Meren Energy is advancing a diversified portfolio across high-netback assets in Namibia, South Africa and Equatorial Guinea. The company holds a leading position in the Orange Basin through its effective interest in Namibia’s Venus light oil project and a direct stake in Block 3B/4B offshore South Africa. At Venus, where Meren holds a 3.8% interest, development plans envision up to 40 subsea wells tied back to a 160,000 bpd FPSO, with FEED studies underway and a potential Final Investment Decision in 2026.

In South Africa, drilling of the Nayla prospect in Block 3B/4B is also targeted for 2026, supported by a farm-down agreement with TotalEnergies and QatarEnergy that provides exploration carry and staged payments. Meanwhile, active farm-in discussions in Equatorial Guinea’s Blocks EG-18 and EG-31 could open the door to exploration drilling as early as 2026–2027. With a strong balance sheet, scalable growth strategy and exposure to some of Africa’s most promising frontier developments, Meren Energy stands out as a leading independent poised to deliver long-term value.

“Meren Energy’s transformation signals the strength and resilience of independents. Following its strategic rebrand, the company has doubled reserves in Nigeria while expanding into some of Africa’s most exciting frontier plays in Namibia, South Africa and Equatorial Guinea. Their disciplined approach to growth and commitment to value creation reflects the type of leadership Africa needs to drive investment, unlock upstream potential and deliver energy security,” stated NJ Ayuk, Executive Chairman of the African Energy Chamber.

As Meren pursues new upstream developments and strategic partnerships across Africa, AEW 2025 offers the ideal platform to engage investors, service providers and policymakers on opportunities shaping the continent’s oil and gas sector. With a focus on expanding production, attracting investment and building strategic alliances, Meren Energy’s leadership brings valuable insight into Africa’s evolving energy landscape.

AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.aecweek.com for more information about this exciting event.