Tag: Angola

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Sonangol Sells its Puma Energy Shares for $600M to Trafigura

Angolan state-owned oil company, Sonangol, has agreed, in a tripartite agreement, to sell 31.78% of its assets held in Puma Energy to Trafigura at $600 million. In another transaction, the...
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Eni Discovers Light Oil in Block 15/06 Deep Offshore Angola

Eni has announced that it has made a new light oil discovery in Block 15/06, in Angola's deep offshore. The Italian oil and gas giant said the well has been...
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Angola’s ANPG Rolls out Timetable for Ongoing Bid Round; to Engage Investors this Month

The Angolan National Oil, Gas and Biofuels' Agency (ANPG) has set April 12th for a hybrid online and physical roadshow for the current oilfield bid-round, at the Talatona Convention centre...
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Angolan Oil Revenues Increased by 8.7% in February

According to available data from the Special Taxation Department (DTE) of the General Tax Administration, published on the official website of the Angolan Ministry of Finance, fiscal oil revenues increased...
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Total E&P Angola Awards Contract to Ashtead Technology and Ocean Atlantic Petroleum

After the completion of a multi-asset, Class-approved mooring inspection campaign for Total E&P Angola in the Girassol and Dalia fields, Ashtead Technology has been awarded further work in the Pazflor...
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Angola Selects Quanten to Build, Own and Operate Soyo Refinery

The Angolan Ministry of Mineral Resources and Petroleum (MIREMPET) has granted the Quanten Consortium the right to Build, Own and Operate (BOO) the 100,000 barrels of oil per day refinery...
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Eni Angola Contracts Furgo for Multiple Offshore Geotechnical Surveys

Dutch multinational public company, Fugro, has been awarded multiple contracts by Eni Angola to carry out the geotechnical and environmental surveys off the coast of Angola until May. Also, two...
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Algeria is now a Net Exporter of Petrol after Over a Decade of Imports

According to a report from the Algerian Press Agency, North-African oil producer, Algeria, has returned to being a net explorer of the most in-demand product of the distillation of crude...
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Sonangol Excludes Galp from Asset Disposal Programme; Sonatrach Signed 1,100 Contracts Over 2020

Commenting on the national asset disposal programme, the state-owned oil company, Sonangol, has announced that it will retain its strategic interest in Galp Energia, its Portuguese counterpart. The development was...
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Angola Awards Lean Gas Platform (LGP) Project to Subsea 7; Oil Production for 2020 Dropped by 16%

Subsea 7 S.A. has announced it has been awarded a contract for the Sanha Lean Gas Connection (SLGC) project by the Cabinda Gulf Oil Company Limited (CABGOC). The project includes...
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