Angola’s oilfield services market is becoming more complex, with simultaneous growth in offshore exploration and onshore activity requiring distinct operational models, pricing strategies and technologies.
Etu Energias has signed an agreement with Azule Energy to acquire additional interests in blocks 14 and 14K offshore Angola, Etu Energias announced on Friday.
bp has started gas production from the Quiluma field offshore Angola as part of the New Gas Consortium (NGC), marking the country’s first non-associated gas development.
Seadrill and Sonangol’s Sonadrill joint venture has secured a contract extension for the Sonangol Quenguela drillship in Angola, Seadrill said on Monday.
London-based oil and gas player Energean has taken the first step in its strategy to expand its operations into West Africa by acquiring stakes in two blocks off the coast of Angola from the U.S.-headquartered energy giant Chevron.
Equinor ASA, Norway’s biggest oil and gas producer, is looking to sell a number of Angolan fields, according to people familiar with the matter.
Chariot Plc plans to raise approximately $20 million through an equity placing and subscription to help finance the acquisition of a producing oil interest offshore Angola, the company announced. The Africa-focused energy company is working with Shell Trading and Etu Energias to support Etu’s acquisition of a working interest in Blocks 14 and 14K offshore Angola, which currently produce […]
Italy’s Eni and the United Kingdom’s BP have confirmed a fresh 500 million-barrel oil discovery offshore Angola, reinforcing the Southern African nation’s efforts to strengthen crude production amid sustained output pressure and shifting global energy flows.
TGS has launched a multi-client 2D seismic survey over Angola’s ultra-deepwater acreage, the company announced on Wednesday.
Offshore contractor SBM Offshore has secured a contract extension for the lease and operation of the FPSOs Mondo and Saxi Batuque on Block 15 offshore Angola, extending its involvement in the assets through 2032. The agreement was signed with Esso Exploration Angola (Block 15) Ltd., an affiliate of ExxonMobil and operator of the block. The extension includes life-extension activities such […]