Angola Archives - Ibe Kachikwu

9th May 2022

UK’s Afentra Buys Shares in Two offshore Blocks in Angola

Afentra, a London-listed oil and gas independent, has agreed to buy shares in two offshore blocks in the Lower Congo and Kwanza Basins from Angola's government oil giant, Sonangol. The...

6th April 2022

Angola’s ANPG Receives Several Proposals from Major Oil Companies in Latest Bid Round

Angola's National Agency of Petroleum, Gas, and Biofuels (ANPG) hosted an invitation-only ceremony in Luanda on Tuesday, April 5, 2022, to open the proposals received for the latest bid round...

7th December 2021

Angola: TotalEnergies Celebrates 20 Years Since Girassol FPSO Came Online

French oil and gas major, TotalEnergies, is commemorating the 20th anniversary of Girassol, its first deepwater Floating Production System (FPSO). Girassol is in Block 17 off the coast of Angola...

8th November 2021

COP26: Angola to Increase Renewable Energy Capacity to 70% by 2025

Angola's President, H.E. João Lourenço, vowed to raise renewable energy capacity to 70% of the country's energy matrix by 2025 during the United Nations Climate Change Conference (COP26) in Glasgow....

6th October 2021

Angola’s Sonangol Reviews Investment Proposals for Tendered Oil Blocks in Kwanza Basin

Sonangol, Angola's national oil firm, has begun considering investment offers for partnership explorations in the Kwanza Basin's blocks 3/05, 4/05, 5/6, 15/06, 18, 23, 27, and 31. Following the completion...

30th September 2021

New Refinery to Be Built in Soyo, Angola, by 2024

The Quantem consortium, which includes TGT, Quantem, Aurum & Sharp in the United States and Atis-Nebest in Angola, will invest $3.5 million to establish the country's third-largest oil refinery in...

14th September 2021

Angola’s ANPG has made a Permanent Offer to Expand Oil & Gas Exploration in the Country

The National Oil, Gas, and Biofuels Agency (ANPG) of Angola has created a permanent perpetual offer programme that will allow the national concessionaire to negotiate different petroleum-based resources accessible in...

24th August 2021

Angola’s Oil Exports Hit $6.73bn Gross Revenue in Q2 2021

According to data from the Angola Press Agency (ANGOP), gross income from oil exports totalled $6.73 billion in the second quarter of this year, with 97.998 million barrels of crude...

21st July 2021

Algeria’s Sonatrach has signed a New Code of Ethics

The CEO of the Algerian National Hydrocarbons Company, Sonatrach, Toufik Hakkar, signed the new code of ethics for the company on Monday at a signing ceremony held at the group's...

20th July 2021

Angola’s ANPG Receives 45 Bids for its 9 Onshore Oil Blocks

Several firms have shown interest in Angola's onshore tender cycle, which was initiated to reverse the decreasing trend in oil output and improve gas production. The National Agency for Oil,...