Angola has inaugurated a new unit at the Luanda refinery, with Zambian officials expressing their interest in securing fuel supplies from their neighbour.
VFuels is making progress with its Cabinda refinery work at facilities in Houston, with equipment passing its factory acceptance testing (FAT).
Eni, Equinor and TotalEnergies have submitted bids for two blocks in the Lower Congo Basin, ignoring more frontier areas in the Kwanza Basin.
BP has started production at its Platina field, offshore Angola in Block 18.
Sonangol intends to go ahead with an IPO in the coming years, although the company did report a $3 billion net loss for 2020.
Sonangol has launched a tender process for the Lobito refinery, which may have capacity of up to 200,000 barrels per day.
Sonangol has launched a sales process for eight blocks in line with its exploration and production strategy.
Angola and Zambia have signed a memorandum of understanding (MoU) on the construction of pipelines between Lobito and Lusaka.
Germany has expressed interest in the production of hydrogen in Angola, chiming with the European state’s energy transition goals.