Angola
News
January 05, 2024
The African nation’s December exit from OPEC came after the group imposed a much lower production limit. The tighter cap was too much for Angola, which is making efforts to boost investment after many years of underinvestment and production decline.
News
December 27, 2023
The three licenses cover an area of approximately 8,700 km2 in the deep and ultra-deep waters of the Angolan offshore.
News
December 21, 2023
Angola announced it’s leaving OPEC following 16 years of membership amid a dispute over oil production quotas, while the cartel tries to buoy global prices.
News
December 12, 2023
The presence of nearby hydrocarbon accumulations in older reservoirs, coupled with the evidence of oil charge to Upper Miocene units, provides great encouragement that the reprocessed ANG Block 16 dataset can lead to further exploration success.
News
December 01, 2023
Angola, Africa’s second-largest crude producer, will produce 1.18 MMbpd from January, above the 1.11 MMbpd quota set out in the OPEC agreement on Thursday.
News
October 31, 2023
Chevron and the Angola Government plan to evaluate various projects related to nature-based and technological carbon offsets, lower-carbon intensity biofuels and products such as hydrogen, carbon capture and storage, and the creation of a regional center of excellence to incentivize and attract lower carbon investments.
News
October 02, 2023
Angola, Africa’s third-biggest oil producer, pumped 3.27 MMboe in the second quarter, compared with 3.23 MMbbl in the three months through March, according to data compiled by Bloomberg.
News
September 28, 2023
The project will include the best available technologies to minimize greenhouse gas emissions, and the facilities will be designed for zero flaring, with the associated gas entirely reinjected into the reservoirs.
News
September 15, 2023
The Technical Services Agreement covers the development of Block 2/5, and will involve the development of engineering wells and end-to-end technological complimentary services.
News
September 04, 2023
Oceaneering has been named a consortium partner to support transportation and installation work on the Girassol Life Extension project offshore Angola. The company has also been awarded a contract for work on a jumper installation project in the Stabroek block offshore Guyana.
News
August 02, 2023
The Ndungu project will tie into Block 15/06 West Hub, where TechnipFMC was recently awarded a substantial flexible pipe contract. Through this extension, the company was able to provide an optimized solution that enables Azule to maintain schedule and achieve efficiencies.
News
July 25, 2023
In April, Angola produced 1.06 MMbpd of crude oil, while Nigeria and Algeria both produced 0.999 MMbpd.
News
July 17, 2023
The country’s crude yields peaked in 2008 at slightly less than 2 MMbpd and now stand at around 1.10-1.15 MMbpd.
News
June 27, 2023
TechnipFMC will design and manufacture subsea trees, a manifold, subsea distribution equipment, and topside controls, as well as jumpers, flowlines and umbilicals.
News
May 03, 2023
This future development project on Blocks 20 and 21, located around 150 km southwest of Luanda, will comprise an FPSO, the seventh for TotalEnergies in Angola, connected to a subsea network.
News
March 14, 2023
ANPG, Exxon and state-owned Sonangol signed an addendum to blocks 30, 44, and 45 in the Namibe Basin to make exploration in the area more competitive. Exxon will pursue a potential exploration well in 2024 as a result of improved fiscal terms.
News
February 28, 2023
The project comprises 36 new wells (21 producers and 15 Injectors), one converted FPSO with capacity for 120,000 bpd of oil production, 230 MMscf per day of Gas Injection and 120,000 bpd of water injection. It will also entail approximately 100 km of rigid flowlines, 100 km of flexible flowlines and 100 km of umbilicals.
News
February 24, 2023
More than 40% of Angola’s 32 crude cargoes for loading this month are bound for destinations west of the Suez Canal — mostly to Europe as well as the U.S. and Brazil — according to a survey of traders specializing in West African barrels.
News
February 21, 2023
The contract covers the engineering, procurement, and supply of flowlines and connectors for the Girassol Life Extension project (GIRLIFEX), offshore Angola.
Article
November 2022
Chemical scale inhibitors are an essential component in oilfield management. Selecting the appropriate chemical for the conditions and mode of application is critical to successful treatment. As operators encounter more challenging scaling environments, the need to develop synergistic scale inhibitor blends is more crucial.
News
November 29, 2022
Exxon Mobil’s recent discovery in Block 15 off Angola in the Bavuca South prospect adds further credence to the notion that Africa is a significant contender in future energy markets, according to the African Energy Chamber.
