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Angola

Angola Opens Bidding of Petroleum Blocks Onshore Lower Congo & Kwanza Basin

The National Agency of Petroleum, Gas and Biofuels (ANPG), as an National Concessionaire, announces, under the terms of Articles 6 and 7 of Presidential Decree No. 86/18, of 2 April, the opening of the Public Tender for the bidding of new oil blocks. The above announcement is within the scope of the General Strategy for […]

Oilfield Africa - Thursday May 6, 2021
Shearwater GeoServices awarded 4D survey offshore Angola by Total

Shearwater GeoServices Holding AS (“Shearwater”) today announced the award of a 4D monitor marine seismic acquisition survey by Total E&P Angola (“Total”). “As the established global market leader in 4D monitor surveys Shearwater is pleased to announce the award of this advanced multisensor project by Total in Angola,” said Irene Waage Basili, the CEO of Shearwater. “We […]

Oilfield Africa - Monday March 8, 2021
PGS, ANPG in Partnership to Explore Prolific Lower Congo Basin in New Acquisition Projects

PGS, in cooperation with ANPG, has begun a new fully prefunded MultiClient 3D survey in the Lower Congo Basin, near the river plume of the Congo in Angola Block 1/14. The acquisition phase will continue until April and fast-track data is expected in October 2021. Ramform Atlas is acquiring high-density 3D GeoStreamer data using a […]

Oilfield Africa - Thursday February 18, 2021
Angola: Dayuan to Divest 70% Interest in China Sonangol International This Year

The selling process of the oil company (Sonangol)’s stake in China International Holding (CSIH) may begin this year, according to the Privatisation Programme (Propriv) underway in the country. Created in 2004, China Sonangol International Holding has been based in Hong Kong, since September 6, 2012.  Data compiled by ANGOP indicate that CSIH is owned by […]

Oilfield Africa - Thursday January 21, 2021
Angola gets breathing space from Chinese creditors, says finance minister

Angola has secured three years of payment relief from Chinese creditors and expects to get more than $700 million in its next tranche of International Monetary Fund financing in the coming days, its finance minister said on Monday. Africa’s second-largest oil exporter has been seeking payment relief as it strives to overcome the hit from […]

Oilfield Africa - Wednesday January 13, 2021
Angola’s ANPG Announces Bid Round for New Oil Concessions

The National Oil, Gas and Biofuels Agency, as a national concessionaire, has announced its intention to hold an international tender for the award of new oil concessions in Angola on April 30, 2021.There are nine blocks that are going to tender: three in the Terrestrial Basin of Lower Congo and six in the Terrestrial Basin […]

Oilfield Africa - Monday January 4, 2021
TOTAL SUSTAINS LEAD IN ANGOLA OILFIELDS

Total, operator, and its partners Equinor, ExxonMobil and BP have signed an agreement with national oil, gas and biofuels agency ANPG and state-owned Sonangol of Angola, to extend their consortium’s production licenses to 2045. As part of the agreement, Sonangol will obtain a 5% interest in Block 17 on the effective date and an additional […]

Oilfield Africa - Thursday December 31, 2020
Angolan Minister Diamantino race for OPEC top job must be a collective Africans commitment for their oil sector to prosper.

The election of Angola to the rotating presidency of the conference of ministers of OPEC has thrust Minister Diamantino Pedro Azevedo, Minister of Mineral Resources, Petroleum and Gas of Angola to the forefront of efforts to stabilize global oil markets in 2021. The assumption of the Presidency of OPEC by H.E Diamantino could not have […]

Oilfield Africa - Monday December 21, 2020
BP resumes drilling campaign of Platina project in block 18 offshore Angola

The DS-12 rig will drill and complete 4 wells during the next six months. The Project was approved for development in December 2018 and the first oil is expected for 4Q 2021   Luanda 20 October 2020 – The bp Angola contracted drillship DS-12 arrived in Angola on 28 September to execute the drilling program for the […]

Oilfield Africa - Monday November 30, 2020
Total opts for Divestment in Angolan oilfields

Total   is seeking divestment in a number of Angolan oilfields, in what is seen as an early sign of an expected wave of divestments by big energy companies from the West African country, industry sources said. Total could raise around $300 million from the sale of its 20% stake in Angola’s offshore Block 14, which […]

Oilfield Africa - Friday November 6, 2020

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