He added that the development marks its strategic entry into the Angolan oil and gas market and represents a significant step in its long-term vision to grow its upstream operations across Africa.

While the growing adoption of AI and rising global energy demand have made Angola an attractive destination for investment, Andrade highlighted that Angola’s business and operating environment for oil ...

Angola is experiencing a resurgence in interest in its oil and gas sector as global players seek to tap ... The country’s incremental production program, designed to optimize mature fields, has ...

TotalEnergies and ExxonMobil have signed a deal evaluate the deeper oil and gas potential of open acreage in Angola's proven Congo basin close to multiple floating production, storage and ...

(Bloomberg) -- Sonangol, Angola’s state oil firm, said it’s still working toward an initial public offering of as much as 30% of its shares. “We are taking the steps that are needed ...

Angola's state oil firm said it is still working toward an initial public offering of as much as 30 percent of its shares. Sonangol, Angola’s state oil firm, said it’s still working toward an ...

The reprocessing of data was ordered in 2023 by industry regulator ANPG as authorities in Angola searched for options to boost oil majors and ... of the Tchihumba field within Block 15, the ...

An onshore plant will process gas from the fields and connect to the Angola LNG plant ... The remaining partners are Cabinda Gulf Oil Co. Ltd. (CABGOC), a subsidiary of Chevron (31%), Sonangol ...

Yulong bought a total of four shipments of Angolan oil including Dalia, Plutonio and Girassol and one cargo of Nigerian Nemba, all for March delivery, according to a trader with knowledge of the ...