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 […]

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 […]

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 […]

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 […]

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, […]

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 […]

Galp Energia announced the sale to Angolan company Somoil of its stake in oil exploration and production in Angola, an operation that should be completed in the second half of this year. Galp Energia in its recent media release disclosed an agreement for the sale to the Angolan company Somoil of its oil exploration and […]

Angola’s Agency for Petroleum, Gas and Biofuel (ANPG) and Chevron’s local subsidiary CABGOC have announced the start of production from the Lifua-A project within Block 0. Chevron intends to develop the Lifua reserves via three different phases, Lifua-A, -B, and -C. Phase A relies on a stacked template structure (STS) platform with ten wells, including […]

Baker Hughes an energy technology company, has been awarded a major contract to provide subsea equipment and services by Azule Energy for work in the Agogo oilfield, offshore Angola. This award represents the first major new greenfield project awarded in offshore Angola in more than five years. The scope of work includes 23 standard subsea trees, 11 Aptara manifolds, SemStar5 fiber optic controls and […]

Eni CEO, Claudio Descalzi, and the CEO of Sonatrach, Toufik Hakkar, have signed in Algiers two agreements which outline future joint projects on energy supply, energy transition and decarbonisation. The agreements were signed in the presence of the Prime Minister of Italy, Giorgia Meloni, and the President of the People’s Democratic Republic of Algeria, Abdelmadjid […]