Angola’s Ambassador and Permanent Representative to the United Nations Human Settlements Program (UN-Habitat), Sianga Abílio, has expressed the country’s interest in attracting Greek investors to its market.
Nigeria produced the most crude oil, followed by Algeria and Angola. Nigeria, Angola, and Algeria have three of the ten largest crude oil fields in Africa in terms of production in 2022.
Kenya has expressed interest in strengthening bilateral relations with Angola across various fields including energy, agriculture and trade.
As the primary driver of its economy, the local content regime for the oil and gas sector in Angola is heavily dependent on a robust and efficient financial sector.
Integrated energy company Etu Energias – formerly Somoil – has announced plans to increase oil production in Angola to 50,000 barrels per day (bpd) by 2025.
Angola’s oil and gas sector is witnessing an accelerated pace of new investments over the past few months thanks to the rising oil prices, Deutsche Bank said in a new report.
Angola overtook Nigeria to emerge top African crude oil producer for the month of April, data from the Organization of Petroleum Exporting Countries (OPEC) has shown.
Following three successful editions that united a strong slate of players from across the regional and global energy landscape, the Angola Oil & Gas (AOG) conference and exhibition makes its return in 2023 for its fourth edition, bringing together African energy and petroleum ministers, global investors and thought-leaders and project developers and service companies to discuss the future of Angolan energy.
Angola’s deepwater market success continues to shine a spotlight on the country’s untapped oil and gas potential. The country’s exploration opportunities remain high with recent deepwater discoveries making clear the frontier potential of the mature producer.
Yinson Holdings has signed an exclusivity agreement with super-major BP for the reservation of an FPSO for production of the Palas