Angola
Article
January 2019
Total—alongside partners CNOOC Limited (45%), Petrobras (16%) and Nigerian National Petroleum Corp. (15%)—has begun producing from Egina field, about 93 mi off the coast of Nigeria.
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December 21, 2018
Angola’s economy is set for recovery in 2019, in large part due to a series of regulatory reforms opening the country to new investment.
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December 18, 2018
Angola’s Sonangol and BP today signed an agreement to progress to final investment decision the development of the Platina field in deepwater Block 18, offshore Angola.
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December 16, 2018
Sonangol EP and ExxonMobil Corporation, a multinational oil and gas company in the United States, entered into a Memorandum of Understanding (MOU) on Friday, Dec. 14, 2018 at the head office of the Angolan oil company that defines the intention to sign service contracts with risks, for Blocks 30, 44 and 45 of the Namibe Basin.
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December 11, 2018
Eni struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola.
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November 25, 2018
Oil is unlikely to return to levels much above $100/bbl and current prices are making it difficult for major producers such as Angola, according to the country’s president.
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November 11, 2018
The Angolan State Minister for Economic and Social Development, Manuel Nunes Junior, the Chairman and CEO of Total, Patrick Pouyanné, and the Chairman of the Board of Directors of Sonangol, Carlos Saturnino, inaugurated the Kaombo project
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October 04, 2018
Aker Solutions has been awarded a five-year agreement to supply brownfield modifications, maintenance and operations support for BP's Greater Plutonio and PSVM fields offshore Angola.
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August 16, 2018
Angola will set up a new regulator for the country’s oil industry as the government restructures state-owned Sonangol and seeks to revive falling oil and gas output.
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July 27, 2018
Total has started up production of Kaombo, currently the biggest deep offshore development in Angola, located on Block 32, 260 km off the coast of Luanda.
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July 02, 2018
TechnipFMC has been awarded a contract by Total E&P Angola for the Zinia Phase 2 field development, located offshore Angola at a water depth between 800 and 1,000 m.
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June 25, 2018
Eni announces a new oil discovery in Block 15/06, in the Kalimba exploration prospect, in Angola’s deep offshore. The new discovery is estimated to contain between 230 and 300 MMbbl of light oil in place.
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June 25, 2018
Angola is targeting an increase of about 250,000 bpd in oil output by 2020 and is already in discussions with oil majors ExxonMobil Corp. and Equinor ASA to achieve this, said Sonangol’s Chairman of the Board Carlos Saturnino.
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May 28, 2018
Total and its partners have taken the final investment decision to launch the Zinia 2 deep offshore development in Block 17, 150 km offshore Angola.
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May 09, 2018
Eni has completed the ramp-up of Ochigufu field, in Angola’s deep offshore, reaching the production plateau of 24,000 bpd less than two months from start-up.
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April 27, 2018
While plunging output in Venezuela captures the oil world’s attention, problems are quietly festering in another OPEC nation.
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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.
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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.
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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.
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April 11, 2017
Lloyd's Register has won an inspection contract with Bumi Armada Berhad for their Armada Olombendo FPSO.
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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.
