Tag: Angola

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Mitigating the natural decline of production “is our top priority” – Angolan Minister of Mineral Resources

In a report launched by Africa Oil & Power titled 'Angola COVID-19 Response' which analysed Angola's strategy to mitigate the impact of COVID-19 on Angola's energy sector, the Minister of Mineral...
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Angola Signs Three Agreements with ExxonMobil for the Exploration of the Namibe Basin

The Angolan National Oil, Gas and Biofuels Agency (ANPG) has signed three Risk Service Agreements with ExxonMobil and Sonangol intending to increase the exploration area in the offshore area, Angola. The...
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Angola’s ANGOP Reports Increase in Oil and Gas Production for August 2020

The National Oil and Gas Agency of Angola has published the oil production report for August 2020, which showed that there was a 0.42% increase in the quantity of oil...
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Angola to Privatise 55 State-owned Assets & Generate $160 million in 2020

Angola's 2019 - 2022 Privatisation Program aims to generate over $160 million (100 billion Angolan Kwanzas) in revenue through the divestment of several state-owned assets to the private sector this...
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OPEC Celebrates 60th Anniversary

On the 14th of September 1960 in Al-Shaab Hall in Baghdad, the Organisation of Petroleum Exporting Countries was birthed. The five founding fathers were Juan Pablo Pérez Alfonzo of Venezuela;...
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Angola Set to Begin Construction of the Cabinda Refinery

Angola is ready to commence the construction of an oil refinery in the northern Cabinda province. This is after it received the landmine-free certificate which attests to the safety of...
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Angola is Taking Giant Steps in Oil Sector Reform

According to State-run newspaper “Jornal de Angola,” Angola is making progress with the ongoing reform plans in the oil sector with the launching of tenders for works at the same...
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FPSO Dália in Angola Reached 1 billion barrels in July

The floating production, storage and transfer unit (FPSO) Dália reached a historical production value of one billion barrels of oil in July 2020. This is the highest that the FPSO,...
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Qatar Petroleum Acquires 30% Interest in Angolan Block 48

Qatar Petroleum has entered into a farm-in agreement with the National Oil Company of Angola, Sonangol, and French Oil and Gas giant, Total, for the acquisition of a 30% participating interest...
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Total To Resume Operations in Angola By the End of August

The Managing Director of Total Exploration and Production Angola (TEPA) has revealed the French Major's short, medium and long-term plans for its operations in Angola. In an interview with Africa...
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