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…
The key to the successful, long-term development of a country’s natural energy resources can be a government that is willing to partner with energy companies to share risks as well…
French major TotalEnergies announced the sale of its stake in 18 oil mining licences (OMLs) in Nigeria – the majority of which are onshore – to Mauritius-based company Chappal Energies…
In a bid to solidify its position as a key player in the global energy market, Angola has set its sights on ramping up oil and gas production to counter…
Angola’s oil & gas industry is growing rapidly, with a $60-billion investment pipeline planned for the next five years, a 2025 limited tender on the cards, and industry reforms offering…
Multinational energy company TotalEnergies acts as a key contributor to economic growth and tax revenues in the markets in which it operates, extending beyond its core oil and gas exploration…
Multinational energy corporation Chevron has signed two risk service contracts (RSCs) for Block 49 and Block 50, located in the ultra-deep waters of Angola’s Lower Congo Basin. The company –…
The African Energy Chamber (AEC) – led by executive chairperson NJ Ayuk – met with Sonangol CEO Sebastião Gaspar Martins in Luanda last week, where the parties discussed Sonangol’s vision…
The six-year licensing round launched by Angola’s national concessionaire – the National Oil, Gas & Biofuels Agency (ANPG) – has been a cornerstone in the country’s strategy to attract and…
Angola plans to maintain oil production at 1.1 million barrels per day (bpd) until 2027, thereafter increasing output to over 2 million bpd to stimulate economic growth. As the linchpin…
A new milestone has been reached in Angola as energy major TotalEnergies and its partners on Block 20/11 announced a final investment decision (FID) for the Cameia and Golfinho fields.…
With proven oil reserves of 9 billion barrels and gas reserves of 11 trillion cubic feet (tcf), Angola has established itself as a significant player in the global energy market.…
As part of the country’s six-year licensing round launched in 2019, Angola will open its next international tender in 2025. Currently, the National Oil, Gas & Biofuels Agency (ANPG) –…
Angola’s national oil company (NOC) Sonangol has increased its competitiveness and capacity as an operator through a privatisation process initiated by the government – set to be complete by 2026.…
With the signing of a Memorandum of Understanding in October 2022 between Diamantino Pedro Azevedo, Minister of Mineral Resources, Oil and Gas of the Republic of Angola (MIREMPET), and Professor…
Angola’s attractiveness as an energy investment destination continues to grow as market-focused policies, strong political will and untapped oil, gas and renewable energy resources present lucrative opportunities for foreign players.…
