Afentra, the upstream oil and gas company focused on acquiring production and development assets in Africa provides an operational and financial update for the period 1 January to 31 October 2024. Operational Highlights Production and Field OperationRedevelopment works at Block 3/05 facilities, along with well interventions, continue to result in improved production and water injection performance. Gross average production to […]

Sonadrill an Angolan drilling joint venture between National Oil Company Sonangol and drilling contractor Seadrill – will launch its fourth drillship in Angola in early 2025, Petra Lussana Pina, Drilling Trainee, Sonadrill told Energy Capital & Power. In an exclusive interview during Angola Oil & Gas 2024, Pina said the launch of the new drillship […]

Angola has launched a public consultation for its draft National Gas Master Plan (NGMP). Representing the next step in the implementation of the policy, the public consultation provides members of the public with the opportunity to offer their comments, criticisms and suggestions. The NGMP will be available on the Ministry of Mineral Resources, Petroleum and […]

Baker Hughes, an energy technology company, announced that the company has been awarded a contract, to be booked in the third quarter, to supply advanced compression solutions to Saipem for TotalEnergies’ Kaminho Floating Production Storage and Offloading (FPSO) project in Angola.  Baker Hughes’ centrifugal BCL compressor and Integrated Compressor Line (ICL) technology were selected because of their capacity to […]

The National Agency for Oil, Gas and Biofuels (ANPG) presented the opportunities that Angola offers in the oil sector, during the technical program of the Angola Oil & Gas Conference, which takes place in Luanda .The presentations made by the Director of Negotiations, Hélder Iombo, and by the Coordinator of the Incremental Production Project, Victor […]

The President of the Republic, João Lourenço, stated at the 5th Edition of the Angola Oil & Gas Conference that the Angolan Government is committed to the sustainable exploration of oil and gas and encourages the transition to renewable energy. The Head of State argued that the sector’s actions should promote the sustainable exploitation of fossil […]

Corcel, the pan Angola-Brazil focused energy company, has announced that its 90% subsidiary, Atlas Petroleum Exploration Worldwide Limited (APEX), has received authorisation from the National Concessionaire of Angola, the National Agency for Petroleum, Gas and Biofuels (ANPG) for the assignment of an additional 20% interest in its operated block KON-16, onshore Angola. The assignment of […]

Corcel Plc the pan Angola-Brazil focused exploration and production company has announced that the its contractor, Metatek Group, has completed the acquisition of data phase of the Enhanced Full Tensor Gradiometry Survey (“eFTG”) on Block KON-16 as originally announced on 7 June 2024. KON-16 is 35% owned and operated by Corcel, through its subsidiary Atlas Petroleum […]

As part of its growth strategy, Etu Energias, SA has concluded its agreement with GALP for the indirect acquisition of a 5% stake in Block 32 and 9% in Block 14, 4.5% in Block 14K in offshore Angola.The conclusion of this deal represents the materialization of the purchase and sale agreement between the subsidiaries of […]

Since the Restructuring of the Angolan oil sector resulting in2019which led to  the creation of the National Petroleum, Gas and Biofuels Agency (ANPG), Angola oil and gas sector has witnessed rapid increment in her crude oil and gas production This economic great feat which might be attributed to successive launches of licensing bid rounds, the […]