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Angola

Eni And SONATRACH To Optimize Gas And Green Hydrogen Production In Angola

The Chairman of SONATRACH, Toufik Hakkar, and Eni CEO, Claudio Descalzi, signed today a Memorandum of Understanding (MoU) in Rome aimed at accelerating the development of gas fields in Algeria and decarbonisation via green hydrogen. The signing ceremony was witnessed by the President of the People’s Democratic Republic of Algeria Abdelmadjid Tebboune and the Italian […]

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Somoil-Sirus Consortium Seals Acquisition Of Prolific Oil Blocks Offshore Angola

Somoil S.A., the largest privately owned Angolan oil company, and Sirius, an Africa focused oil & gas production and development company, are pleased to announce that the joint Somoil-Sirus consortium, (‘the Somoil-Sirius Consortium’ or ‘the Consortium’), has been awarded the exclusive right to acquire participating interests of 8.28% and 10% respectively in the producing Angolan offshore blocks 18 and 31 from Sonangol, […]

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Afentra expands operations in Angola, signs new contract with Sonangol

Afentra plc has announced that its wholly-owned subsidiary, Afentra (Angola) Ltd, has signed a Sale and Purchase Agreement (SPA) with Sonangol Pesquisa e Produção S.A  to purchase interests in Block 3/05 and Block 23, offshore Angola for a firm consideration of $80 million and contingent payments of up to $50 million (in aggregate) in the […]

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Seadrill Joint Venture Secure A Ten-Well Contract Offshore Angola

Seadrill Limited is pleased to announce a new contract has been secured by Sonadrill Holding Ltd, Seadrill’s 50:50 joint venture with an affiliate of Sonangol E.P. Sonadrill has secured a ten-well contract with options for up to eight additional wells in Angola for the West Gemini drillship. Total contract value for the firm portion of […]

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Somoil-Sirius Consortium Set To Acquire Exclusive Right In Oil Blocks Offshore Angola

Luanda & London, 11 April 2022: Somoil S.A., the largest privately owned Angolan oil company, and Sirius, an Africa focused oil & gas production and development company, are pleased to announce that the joint Somoil-Sirus consortium, (‘the Somoil-Sirius Consortium’ or ‘the Consortium’), has been awarded the exclusive right to acquire participating interests of 8.28% and 10% respectively in the producing Angolan offshore blocks […]

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Sonangol Picks On Afentra for Block 3/05 And Block 23 Offshore Angola

Afentraplchas confirmed that SonangolE.P has announced that Afentra has been selected as preferred bidder to purchase interests in Block 3/05 and Block 23. This follows the announcements on 8 October 2021 and 3 February 2022 that the Company had submitted a non-binding expression of interest for the two blocks which resulted in the subsequent suspension […]

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Eni Embarks Major Upgrade Of Ndungu Field In Block 15/06, Offshore Angola

Eni has embarked on a major upgrade of the resource base in the Ndungu field, located approximately 130 km off the coast and about 10 km from the Ngoma FPSO in the West Hub of block 15/06. The Ndungu 2 appraisal well was drilled 5 km away from Ndungu 1 and stroke 40 m of […]

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Eni and Bp Form New Strategic Alliance In Offshore Angola

Bp and Eni confirmed  that they have signed an agreement to form a new 50/50 independent company, Azule Energy [a bp and Eni Company], through the combination of the two companies’ Angolan businesses. The agreement follows the memorandum of understanding between the companies agreed in May 2021. Azule Energy will be a new international energy […]

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The 8th Edition Of The Africa Petroleum Congress And Exhibition

The 8th Edition Of The Africa Petroleum Congress And Exhibition Luanda, Angola Feb 23, 2022  –  The  African Petroleum Producers Organisation (APPO)  will hold the eighth edition of the Africa  Petroleum Congress and Exhibition (CAPE VIII) from 16-19 May 2022 in Luanda, Angola. The congress is organised by APPO, the government of the Republic of […]

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Afentra Gives Sonangol Acquisition Update As Shares Remain Suspended

Afentra confirms that negotiations with Sonangol E.P (‘Sonang to purchase interests in Block 3/05 and Block 23 in Angola have continued into the new year. This follows the announcement on 8 October 2021 that the Company had submitted a non-binding Expression of Interest for the two blocks and the subsequent suspension of its shares.  Since […]

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