Eni has made a new light oil discovery in Block 15/06, offshore Angola, close to its existing infrastructure.
Germany has expressed interest in the production of hydrogen in Angola, chiming with the European state’s energy transition goals.
NOCs are not immune from the challenges posed by changing attitudes to energy, driving shifts to enter new business areas and operate more efficiently.
Gemcorp has taken a final investment decision (FID) on the 60,000 barrel per day Cabinda refinery, which will be built in the Angolan exclave.
Angolan President João Lourenço said his predecessor had overseen the loss of $24 billion, in an interview with the Wall Street Journal.
Sonangol has announced plans for the construction of a scientific research and innovation centre by 2021.
Trois Consulting and DDMS have announced the offering of a fully integrated geological and geophysical study for onshore exploration in Angola.
BP’s Greater Plutonio floating production, storage and offloading (FPSO) vessel offshore Angola has produced 600 million barrels of oil.
Angolan contractor Sonamet has completed factory acceptance tests on all flowline structures for the next stage of work on the Zinia field.
Gemcorp has completed preliminary work preparing a site in Angola for the construction of the Cabinda oil refinery.
Amidst the oil price crash crisis and the pressure on companies, opportunities are emerging for those with resources.
Angola’s Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) has released details on new blocks available for bidding this year but warned there may be delays as a result of the coronavirus pandemic.
Sonangol has signed a deal to farm in to a block onshore in Cuba, under an agreement with Australia-listed minnow Melbana Energy.
BP’s Angolan production continued to decline in 2019, extending the trend of the last few years.
Trafigura is taking control of its fuel supply business in Zimbabwe with the purchase of a 51% stake from Sakunda Holding, owned by controversial Kudakwashe Tagwirei.
Angola intends to privatise 30% in state-owned Sonangol, in a bid to raise money and increase the company’s competitive edge.
The Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) has signed two deals with BP, on the sidelines of the UK-Africa Investment Summit in London.
The disclosure of a cache of company information has brought further scrutiny to Isabel dos Santos, who is already under investigation in Angola.
Eni’s Agogo field has begun producing, a statement from Angola’s Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) has said.
Total has made a major move in Angola, picking up equity in blocks previously held by Cobalt International Energy and extending the licence on Block 17.
Bourbon has signed a three-year agreement with Total on cost cuts, through technological innovation, for operations offshore Angola.
Malaysian authorities have seized a drillship that was on its way to Angola.
FH Bertling, the former UK division of the German logistics firm, has been fined £850,000 for bribing its way to a lucrative oil contract in Angola.
Italian oil firm Eni has clinched a deal to become operator of a block in Angola and take on 48% equity.
Angola’s state-run oil giant Sonangol has announced a gas discovery in the offshore Kwanza Basin that could hold 813 million barrels of oil equivalent.