Tagged With Angola
Sonangol must escape former regime’s shadow to achieve IPO
22 October 2024
Angola is unlikely to meet the official timeline for an IPO of state-owned oil giant Sonangol in 2026
Letter on Africa: New African refineries could help break old dependencies
20 September 2024
A profound shift is occurring in the global refining sector, one which might help redefine Africa’s place in worldwide trade networks
Expanded Afentra eyes fresh growth
27 June 2024
The independent is keen to supply feedgas for Angola LNG and is assessing opportunities both in and beyond the southern African nation
Angola project thwarts upstream decline
29 May 2024
Kaminho deepwater FID raises hopes of reigniting much-needed further investment in ailing sector
Angola high oil potential blocks for award
24 May 2024
Eight blocks in the Lower Congo and Kwanza onshore basins available for award
Angola’s OPEC departure runs deep
22 January 2024
Luanda’s decision to leave the influential group surprised many observers but may have been coming for some time
African lenders back Angolan refinery
21 August 2023
Efforts by African institutions and others to push development in the continent appear to be gaining momentum
Angola announces 2023 bidding roadshow
8 June 2023
Roadshow will be for blocks in the Kwanza and Lower Congo Onshore basins, with technical session on 19 June
Global LNG analysis report 2023 — Part 1
27 February 2023
Decarbonisation and the war in Ukraine are just two of the factors driving the massive investment in liquefaction and regasification around the world. The first part of this deep-dive analysis looks at developments in Africa
African gas flaring offers opportunities and challenges
20 February 2023
Sub-Saharan Africa is chronically starved of energy, and yet the region flares disproportionate volumes of gas every year
Central Africa eyes regional pipeline network
26 September 2022
Ambitious plans for a cross-border network of oil and gas pipelines in central Africa have some significant backers but will likely struggle to secure funds from traditional sources
Afentra continues Angola expansion
19 July 2022
The London-listed independent has bought two more stakes in Angolan blocks
Africa's upstream to feel transition squeeze
21 June 2022
The continent’s oil production will decline in the 2020s while gas production will increase before starting to slip, according to the IEA
Afentra enters Angolan upstream
31 May 2022
The UK independent has acquired stakes in two blocks from Sonangol
Can sub-Saharan Africa help fill the EU’s gas gap?
31 May 2022
Africa has potential to expand LNG exports, but its additional contribution is likely to remain limited
Sonangol selects bidders for divestments
12 April 2022
Angolan NOC selects preferred bidders—with exclusive acquisition rights—to buy partial stakes in six blocks, four of which are already in production
Angolan refining poised for expansion
11 April 2022
Work is set to begin on a new greenfield refinery in the north of the country, with other developments also seeing progress
BP and Eni extend standalone JV model to Angola
24 March 2022
Joint company will improve efficiency and result in cost savings, the firms say
Nigeria and Angola struggle to reverse quota failures
7 February 2022
The inability of Opec+ to meet its increased production target is due in part to significant shortfalls from the two African suppliers
TotalEnergies and Inpex divest Angolan stakes
17 January 2022
The firms will sell their joint venture and its non-operating stakes to Angola’s Somoil
Angola: short-cycle oil gains but gas travails?
10 December 2021
The country’s government may have different upstream development priorities to IOCs, with particular impact on the gas sector
Letter from Africa: West African deepwater developers face FPSO choice
2 November 2021
Decision may prove critical to the viability of the next tranche of regional projects
Angola promotes E&P prospects
27 September 2021
The country continues to roll out a busy programme in the hope of reversing the recent decline in its upstream sector
Angola to build new oil and gas port
6 September 2021
The development will support the country’s plans to capitalise on regional demand for refined products
Angola advances refining ambitions
23 August 2021
Long-standing plans to reduce import dependence in the crude-rich nation might finally be making progress
TotalEnergies and Angola sign block 29 deal
9 August 2021
The country’s offshore upstream remains a draw for IOCs even as they grow increasingly selective about their portfolios
BP’s Angolan JV could provide future template
3 August 2021
The major’s pooling of non-core resources with Italy’s Eni may be a model moving forward
Letter from Africa: Upstream opportunities abound as majors step back
5 July 2021
There are plenty of large sellers and smaller buyers, but there may be a medium-size missing piece
Africa bucks global refining trend
28 June 2021
Despite oil companies the world over mothballing old refineries and putting new projects on hold, there has been a recent bustle of activity in sub-Saharan Africa
BP and Eni in Angola JV talks
21 May 2021
The companies are considering combining their oil, gas and LNG assets in Angola into a new joint venture
Angola seeks to rebuild oil industry
21 May 2021
The African country hopes that a major pipeline, refinery developments and upstream reforms will help revive its stagnant oil industry
Angola brings new deepwater project online
10 May 2021
Production at Zinia Phase 2 comes after years of upstream stagnation
Double trouble for West African upstream
27 April 2021
Corporate carbon goals and local regulatory regimes will determine whether the region’s deepwater sector can attract renewed interest from investors
Sonangol exits Trafigura’s Puma
20 April 2021
The NOC will sell its stake in Puma Energy in return for the firm’s Angolan assets
Gulf of Guinea piracy worsens
5 March 2021
Maritime regulators and the shipping industry issue warnings over escalating frequency, severity and range of pirate attacks
Ultra-deepwater Namibe in doubt, despite ExxonMobil deal
20 November 2020
US major’s investment boosted prospects of Angola’s beleaguered oil sector, but its blocks are unlikely to be economically viable without a crude price rebound
Sonangol takes Cabinda refinery FID
18 November 2020
Angolan NOC is moving forward with most promising project, but other downstream expansion plans remain in limbo
Covid-19 puts African energy on pause
16 July 2020
Discoveries have been almost non-existent since the pandemic, and investments in the power sector have stalled despite urgent need
Global announcements and developments June
2 June 2020
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
Angola revival stalled by global demand slump
26 May 2020
Sharply lower oil prices mean the West African country will find it difficult to finance the investment needed to replace its ageing offshore fields
Total defies the odds
14 February 2020
Succession of acquisitions and project ramp-ups help strengthen the company’s portfolio in a tough environment for the sector
Deepwater emerges from its slumber
5 February 2020
The post-2014 investment decline can be fully arrested if processes are standardised and regulators become more responsive
Angola announces Namibe Basin awards
16 January 2020
Partial success of 2019 licensing round sees Sonangol, Total, Equinor and BP take interests in blocks, leaving several other blocks open to offers
The diverging fortunes of Africa’s crude kings
27 December 2019
Profound differences in governance style will impact the speed and development of future energy projects across Angola and Nigeria
Discoveries boost Angola upstream mood
27 August 2019
Prospects for a first licensing round in almost a decade will be buoyed by new finds
Angola reforms set to survive Sonangol sackings
14 May 2019
The new boss of Angola’s state oil firm is seen as another safe pair of hands
Angola boosts efforts to shore up flagging production
27 February 2019
Africa's second-largest oil exporter needs more than the currently envisaged pipeline of oil projects if it is to remain a force
West Africa aiming for global supplier status
10 January 2019
The region is making headway despite some output disruptions
Angola readies for major oil and gas changes
2 January 2019
With the government steering an overhaul of its oil and gas sector, the west African country is looking to remain competitive despite declining oil production levels
African deep-water makes progress
14 December 2018
Drillers began to renew their interest in African projects that were once deemed too costly and risky
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