The winners of the Angola Oil & Gas (AOG) Awards were officially announced during the event’s Gala Dinner and Award Ceremony. Celebrating the achievements of oil and gas companies active in Angola, the awards serve as a moment of reflection and inspiration for the country’s oil & gas industry.
In line with the event’s theme of “Driving Exploration and Development Toward Increased Production in Angola”, the AOG 2024 Awards celebrate the milestones, projects and progress of companies across the entire oil & gas value chain.
The AOG 2024 award winners include:
Game-Changer of the Year: Kaminho Deepwater Development
The AOG 2024 Game-Changer of the Year is the Kaminho Deepwater Development, awarded to project partners TotalEnergies, Sonangol and Petronas. Achieving final investment decision in 2024, the $6-billion project is the first large deepwater development in the Kwanza Basin. The low-emission, high-production project will feature a floating production storage and offloading vessel with a capacity to produce 70 000 barrels per day. Set to come online in 2028, the project represents a game-changer for the industry.
Explorer of the Year: ExxonMobil
ExxonMobil is the winner of the Explorer of the Year, owing to its success in incremental production and drive for frontier exploration. In 2024, the company made a discovery at the Likember-01 research well in Block 15 – one of Angola’s longest producing assets. The find marks a critical point for the block, showcasing the potential for enhanced recovery. Set to drill the Arcturus-1 well in the Namibe basin in 2024, ExxonMobil is seeking play-opening finds, setting it apart as a true explorer of the year.
Local Company of the Year: Cabship
The AOG 2024 Local Company of the Year was awarded to Cabship for its progress in upscaling Angola’s logistics, oilfield services and capacity building. The company is spearheading an offshore marine support company in partnership with Octomar, driving instrumental developments in shipping and material management and enhancing procurement across the oil & gas industry.
Lifetime Achievement Award: Desidério Costa
Angola’s former Hydrocarbon Minister Desidério Costa has been selected as the winner of the AOG 2024 Lifetime Achievement Award, owing to his commitment to growing the Angolan oil & gas industry. Serving as Minister of Mineral Resources, Petroleum and Gas from 2002 to 2008, Costa played an instrumental part in shaping the country’s oil & gas industry to what it is today. From revising petroleum frameworks to serving as chairperson of the African Petroleum Producers Organization to overseeing the establishment of Angola’s first liquefied natural gas facility, Costa’s career is defined by a commitment to development.
