Belltree and Apex Industries Forge Partnership to Boost Equatorial Guinea Energy Sector

EDINBURGH – 22 June 2023Belltree, a leading global data hub and trusted advisor to governments and oil & gas operators worldwide, has announced an exceling strategic partnership with Apex Industries to boost the energy sector in Equatorial Guinea. Apex Industries SA, represented by Leoncio Amada NZe their founder CEO and President of the African Energy Chamber, is a renowned energy solutions provider. This collaboration aims to ignite a new momentum of growth and innovation in Equatorial Guinea’s oil and gas sector whilst having replicating effects in the wider CEMAC region.

The partnership leverages Belltree’s exceptional expertise in upstream data-driven insights and Apex Industries’ SA unparalleled ability in delivering strategic advisory in the adoption of new technologies. By joining forces, Belltree aims to bring awareness around its pioneering service technology, bMark™, globally recognized as the most dependable way to maximize reserves upside potential. Together with Apex Industries, they are directing efforts towards developing the Equatorial Guinea Energy Sector, aiming to position the country as a regional reference of best practice within the global energy landscape.

Equatorial Guinea, renowned for its vast energy resources, is pursuing significant growth under this strategic alliance. Belltree’s proven track record in advising governments and oil companies on data optimization strategies, in addition to Apex Industries’ unrivalled expertise in strategic advisory in the hydrocarbons sector, make them the right fit for driving economic development and sustainable energy practices to the region.

With their combined strengths, Belltree and Apex Industries are embarking on a journey towards shaping the future of Equatorial Guinea’s energy landscape. Together, they will create prosperity by maximising economic recovery, driving sustainable growth and technological advancement, establishing Equatorial Guinea as a leading force in the global energy market.

From Apex Industries SA, Leoncio brings vast experience working across Africa’s public and private sectors, as former Director of State Petroleum Assets at the Ministry of Mines and Hydrocarbons and present Chairman of the Board of Directors of Subsea 7 in Equatorial Guinea. Leoncio has been actively involved in key development priorities for the Chamber, including developing local content and building domestic capacity, empowering energy investments and advocating for policy reforms. 

Commenting on the partnership, Peter Clark, Director at Belltree, said, “We are pleased to collaborate with Apex Industries to maximise Equatorial Guinea’s reserves potential. Our shared vision and subsurface expertise, alongside bMark software deployment, will unveil immense potential and establish Equatorial Guinea as a reference of excellence in the CEMAC region.”

About Belltree:

Belltree is a global data consultancy and trusted advisor to governments and national oil companies. With a focus on data-driven insights. Through bMark™ software for upstream predictive analytics. Belltree empowers its clients to optimize performance, unlock growth potential, and navigate complex challenges in the energy sector. For more information, visit [www.belltreegroup.co.uk].

About Apex Industries SA:

Apex Industries SA is a leading energy solutions provider with a strong emphasis on strategic advisory, focusing on innovation, efficiency, and sustainability. The company specializes in delivering manpower and other specialized services, driving positive change within the industry. For more information, visit [Apex Industries].

About African Energy Chamber:

The African Energy Chamber is a leading industry association that promotes investment, collaboration, and policy advocacy in Africa’s energy sector. With a diverse membership base, the Chamber is committed to driving sustainable energy practices, advancing technology, and fostering socio-economic development across the continent. For more information, visit [The African Energy Chamber].

Technical assurance given at Final Investment Decision

Greenfield oil development offshore Mexico; 1500MMstb in place

  • bMark™ helped identify twelve (12) key producing analogues, in the Gulf of Mexico.
  • Data analytics & benchmarking performed on the reservoir data. Production profiles, recovery factor forecasts & development plan supporting the FID case
  • Insights supported the FID mid-case plan & forecasts, whilst also provided guidance on areas for further modelling & sensitivity analysis.

This will close in 0 seconds