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Angola

Angola Gives NOD To Afentra On Block 3/05 Licence Extension

Afentra confirms that an Executive Decree to formally approve the period of the Block 3/05 licence extension, extending the production sharing agreement (‘PSA’) to 31 December 2040, has been published in the Diário da República. The recent agreement between the Block 3/05 JV partners and ANPG (the Angolan Oil & Gas regulator) on the licence […]

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Angola And Namibia To Collaborate In Regional Energy Innovation, Sign Pact

Angola has indicated readiness to contribute to the development of the oil sector in Namibia. The National Agency for Petroleum, Gas and Biofuels (ANPG) recently signed a Memorandum of Understanding (MoU) with its counterpart in the Republic of Namibia, Directorate of Petroleum Affairs (DPA in English, Directorum of Petroleum Affairs), during the international conference called NIEC (Namibia […]

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Enermech To Absorb Major Workforce In Angola

Integrated solutions specialists EnerMech has strengthened its footprint in the LNG market after securing four contracts with Angola LNG Limited (ALNG). As a result, the business has completed a recruitment drive to secure a significant number of Angolan nationals to support across the projects. The business will deliver an extensive three-year general maintenance contract to […]

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Afentra Seals Acquisition Interest In Block 3/05A Offshore Angola

Afentra has announced completion of the acquisition from INA-Industrija d.d. (‘INA’) of a 4% interest in Block 3/05 and 4% interest(1) in Block 3/05A offshore Angola (the ‘INA Acquisition’) pursuant to a sale and purchase agreement between INA and Afentra’s wholly owned subsidiary, Afentra (Angola) Ltd, dated 18 July 2022 (‘SPA’). This acquisition marks Afentra’s […]

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PGS Releases Angola Central Basin Time Data

PGS, a leading supplier of offshore geophysical services for Angola, has released a new Angola Central Basin Time screening dataset, offering the opportunity to evaluate open acreage for proven pre- and post-salt plays in readiness for the 2025 licensing round. Recent legislative changes now incentivize gas and marginal field developments, providing further reasons to evaluate […]

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Afentra Progresses On Completion Of Angolan Acquisitions

Afentra has disclosed that having received the necessary approvals from the regulator and contractor group members to the formal transfer documentation ahead of the 17 April 2023 long stop date, Afentra have agreed with INA to proceed to completion whilst they await receipt of outstanding signatures to this documentation. The company look forward to updating […]

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Exxonmobil Angolan Oil Block Hits 2.5 Billion Barrels Production Margin

The National Agency of Petroleum, Gas and Biofuels (ANPG) and the Contractor Group of Block 15, operated by ExxonMobil Angola, announce the achievement of the milestone of 2.5 billion barrels of cumulative oil production in Block 15, since the First Production from FPSO Xikomba, 20 years ago. Block 15 is located approximately 145 kilometers west of the […]

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ANPG Is Ready For Next Bid Round In The Lower Congo And Kwanza Basins Onshore Angola

The National Agency of Petroleum, Gas and Biofuels (ANPG) has disclosed the agency preparedness in launching the country next onxhore licensing bid round in 2023. The agency In its capacity as National Concessionaire and holder of mining rights for prospecting, research, evaluation, development and production of liquid and gaseous hydrocarbons throughout Angola, has recently brought […]

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Sonangol Pledges Further Commitment On Energy Transition In Angola

Sonangol, through its Research and Development Center (CPD) , and the National Electricity Transport Network (RNT) signed, on March 16, 2023, at the Hotel Intercontinental Luanda Miramar, the memorandum of understanding for yet another project of distribution of clean energies, an agreement that outlines the guidelines for the supply of electricity to the hydrogen and green ammonia production plant, […]

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Angola, Exxon Mobil Chart Part For Increase Production Of Blocks 30, 44 And 45 In Namibe Basin

National Agency for Petroleum, Gas and Biofuels (ANPG) has improved the fiscal terms of blocks 30, 44 and 45 in the Namibe Basin, within the scope of the Contracts for Services with Risk (CSR) and Extension of the Initial Phases of Exploration for the referred Blocks, in a Memorandum of Understanding Signing Ceremony carried out with the entities involved […]

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