Angola
News
August 15, 2019
ANPG, the national concessionaire for Angola, holds mineral rights for the exploration, development and production of liquid and gas hydrocarbons. The blocks, which are all considered frontier, currently have no hydrocarbon production.
News
August 07, 2019
Amplus Energy Services has been awarded a multi-million-dollar contract to re-evaluate the development of marginal fields in Angola. The aim of the contract is to develop economically viable field development solutions for a major operator in Angola.
News
July 25, 2019
The first appraisal well results confirm 650 MMboe in place at the Agogo field, and indicate further upside in its northern sector that will be assessed with new appraisal wells.
News
June 10, 2019
Baker Hughes, a GE company (BHGE), has announced the inauguration of its multimodal facility (MMF) for oil and gas in Luanda, Angola.
News
June 05, 2019
ExxonMobil and its partners said they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum, Gas and Biofuels.
News
June 03, 2019
Eni has made the fifth oil discovery in one year in Block 15/06, in Angola’s deep offshore.
News
May 23, 2019
As Angola works in attracting foreign investors from the Americas, Europe, the Middle East and Asia, its closest African neighbors are also entering the race to tap into vast investment opportunities in Africa’s second biggest oil producing market.
News
May 21, 2019
Angola has emerged as the hub of foreign direct investments within Africa, and the prospects of attracting more FDI this year are bright, particularly in the country’s oil and gas sector.
News
May 14, 2019
Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore.
News
May 10, 2019
In an exclusive video statement provided to Africa Oil & Power, Angola President H.E. João Manuel Gonçalves Lourenço reaffirmed the role of oil and gas as a key driver in attracting domestic and foreign private investment into Angola.
News
May 09, 2019
Angolan President Joao Lourenco fired Sonangol EP Chairman Carlos Saturnino as he revamps the company amid persistent fuel shortages in the southern African nation.
News
April 23, 2019
Africa’s second-biggest oil producer looks to benefit from a surge in crude prices that could boost companies’ appetite for investments with an auction of nine blocks this year and seeking new refineries.
News
April 02, 2019
Total has started up production on Kaombo Sul, the second Floating Production Storage and Offloading (FPSO) unit of the Kaombo project, located on Block 32, 162 mi (260 km) off the coast of Luanda, in water depths ranging from 4,593 ft to 6,562 ft (1,400 to 2,000 m).
News
March 13, 2019
Eni announces a major oil discovery in Block 15/06, in the Agogo exploration prospect, in Angola’s deep water.
News
February 06, 2019
Seadrill Limited has announced that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P.
News
January 24, 2019
Eni has successfully launched a new production well in the Vandumbu field, about 218 mi (350 km) north-west of Luanda and 81 mi (130 km) west of Soyo, in the West Hub of Block 15/06, in Angola’s offshore.
News
December 21, 2018
Angola’s economy is set for recovery in 2019, in large part due to a series of regulatory reforms opening the country to new investment.
News
December 18, 2018
Angola’s Sonangol and BP today signed an agreement to progress to final investment decision the development of the Platina field in deepwater Block 18, offshore Angola.
News
December 16, 2018
Sonangol EP and ExxonMobil Corporation, a multinational oil and gas company in the United States, entered into a Memorandum of Understanding (MOU) on Friday, Dec. 14, 2018 at the head office of the Angolan oil company that defines the intention to sign service contracts with risks, for Blocks 30, 44 and 45 of the Namibe Basin.
News
December 11, 2018
Eni struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola.
News
November 25, 2018
Oil is unlikely to return to levels much above $100/bbl and current prices are making it difficult for major producers such as Angola, according to the country’s president.
