Corcel Plc, the pan Angola-Brazil focused energy company has announced that, through its subsidiary Atlas Petroleum Exploration Worldwide Ltd (APEX), it has conditionally acquired an additional 30% gross interest in its operated Block KON-16 in the Kwanza Basin, onshore Angola, from a joint venture partner of the block, subject to Governmental approval. Concurrently, Corcel is […]

Reconnaissance Energy Africa has signed an agreement for a joint exploration project in Angola with the Agência Nacional de Petróleo, Gás e Biocombustíveis or National Oil, Gas and Biofuels Agency (ANPG).ReconAfrica has entered into a Memorandum of Understanding (“MOU”) with ANPG for a joint exploration project in the Etosha-Okavango basin, located onshore in southeastern Angola. […]

Afentra, the upstream oil and gas company focused on acquiring production and development assets in Africa, notes the recent press speculation in African Intelligence and confirms that Afentra, and another of its joint venture partners, is in discussions to acquire the interests in Blocks 3/05 (10%) and 3/05A (13.5%) held by Etu Energias. There can […]

Angola is experiencing a resurgence in interest in its oil and gas sector as global players seek to tap into the country’s vast and lucrative energy potential. With the increasing global demand for energy, Angola is positioning itself as a key player in the market, according to Alcides Andrade, Executive Administrator of the National Agency […]

Afentra, the upstream oil and gas company focused on acquiring production and development assets in Africa, has disclosed  that the KON-15 onshore license has been formally approved and awarded by Presidential Decree on 24 February 2025. This follows the Company’s announcement on 22 January 2024, confirming Afentra’s selection as the non-operating preferred bidder for both […]

The National Agency for Petroleum, Gas and Biofuels (ANPG), Azule Energy, and the partners of Block 15/06 – Sonangol Exploration and Production, Sinopec, and NAMCOR – celebrated, in Shanghai, People’s Republic of China, the Naming Ceremony of the Agogo FPSO. The event marks a strategic advancement for Angola’s energy sector, aimed at enhancing the country’s […]

To celebrate this milestone in Angola’s first non-associated gas development, Azule Energy and its partners witnessed, on 11 February, the load out and sail away ceremony of the Quiluma deck in Ambriz Petromar Yard.  The event highlighted the project’s remarkable safety record, with 2.5 million man-hours completed without a single Lost Time Injury (LTI)—a testament […]

SLB has announced the opening of its Africa Performance Center, located in Luanda, Angola. The center will serve as a collaborative hub for industry stakeholders providing access to innovative solutions across digital, Artificial Intelligence (AI), oil and gas, and new energy sectors within Angola and Africa. The 3,200 sqft state-of-the-art facility marks a significant step […]

The National Agency for Oil, Gas and Biofuels and Azule Energy signed the Risk Service Contracts (RSCs) for offshore Blocks 46 and 47 in partnership with Equinor and Sonangol and for Block 18/15 in partnership with Sonangol P&P. The RSCs, resulting from direct negotiations, represent another positive development for exploration activities in Angola’s Lower Congo […]

Cabinda Gulf Oil Company Limited (CABGOC), Chevron’s Angola subsidiary and Block 0 partners, have successfully achieved the first gas on the Sanha Lean Gas Connection (SLGC) project. CABGOC operations export 300 Million Standard Cubic Feet (MMSCF) daily to ALNG through the Congo River Crossing Pipeline (CRX). The first stage of SLGC will deliver an additional […]