Angola

News
November 01, 2022
OPEC’s crude production held steady last month after the group pledged a symbolic cutback to stabilize market sentiment, with output up 30,000 bpd to 29.98 million barrels ahead of deeper cuts this month.
News
July 28, 2022
As part of the rollout of its multi-energy strategy in Angola, TotalEnergies announced the launch of the Begonia oil field, and Quiluma and Maboqueiro gas fields developments, as well as its first photovoltaic project in the country.
News
June 02, 2022
African hydrocarbon producing countries are increasing oil and gas licensing rounds to be able to stabilize supply of hydrocarbons in years to come to meet growing energy demand as output in legacy projects declines.
News
May 16, 2022
African nations should resist pressure from “powerful interests” to hastily abandon fossil fuels to avoid hurting their economies, Angola’s President Joao Lourenco said.
News
May 04, 2022
Greenfield investments in Angola and other leading and emerging hydrocarbon producing countries in Africa will help increase cumulative capital expenditure across the continent’s oil and gas sector in 2022 and beyond.
News
April 29, 2022
Galp Energia SGPS SA is considering a sale of its upstream operations in Angola, as Portugal’s biggest oil company seeks to streamline its hydrocarbon portfolio, according to people familiar with the matter.
News
October 10, 2019
U.S. ambassador to Angola, the Hon. Nina Maria Fite, hosted a delegation of top Angolan oil and gas officials to explore opportunities for the two nations to collaborate on the next phases of Angolan energy development.
News
October 03, 2019
The nine blocks on offer in the Namibe basin include—11, 12, 13, 27, 28, 29, 41, 42 and 43. The single block on offer in the Benguela Basin is block 10. All are considered frontier and currently have no hydrocarbon production.
News
October 02, 2019
Radwa El Zidan, geophysicist from the BP-Angola asset team, said “We were very impressed by the CGG team’s commitment to achieving an early delivery of the data on what was already a challenging schedule. The early delivery of results will accelerate our active reservoir management program for this field.”
News
September 23, 2019
The project saw Welaptega use its new edge tracking data system and its patented CMS technology to inspect the mooring system of BP’s PSVM FPSO, which is situated in Block 31 offshore Angola.
News
September 12, 2019
ION Geophysical announced a new 2D multi-client program offshore West Africa. The industry-supported NamibeSPAN program covers the underexplored Namibe basin offshore southern Angola.
News
September 04, 2019
Sonadrill, Seadrill Limited’s 50:50 joint venture with an affiliate of Sonangol, has secured a nine well contract with six options, each for one well, in Angola for the Libongos drillship.
News
August 15, 2019
ANPG, the national concessionaire for Angola, holds mineral rights for the exploration, development and production of liquid and gas hydrocarbons. The blocks, which are all considered frontier, currently have no hydrocarbon production.
News
March 07, 2018
Oil exports from Angola are slumping and the International Energy Agency says aging fields and a lack of interest from foreign investors mean the worst is yet to come.
News
March 05, 2018
Isabel Dos Santos, the billionaire fired as chairwoman of Angola’s state oil company last year, denied any wrongdoing in the transfer of $38.2 million from the company.
News
February 14, 2018
BP has awarded Sparrows Group a three-year contract to manage crane operations and maintenance, and deck services off the coast of Angola.
News
April 11, 2017
Lloyd's Register has won an inspection contract with Bumi Armada Berhad for their Armada Olombendo FPSO.
News
March 08, 2017
Chevron Corporation announced today that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project, offshore Angola.
News
February 08, 2017
Eni has started production of the East Hub Development Project, in Block 15/06 of the Angolan deep offshore, ahead of development plan estimates and with a time-to-market among the best in the sector.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.