UK-based integrated energy company Corcel is targeting Angola’s onshore blocks KON 11 and 12 as part of its strategic expansion, according to CEO Scott Gilbert, who spoke at the Angola Oil & Gas 2024 conference.
In the interview, Gilbert revealed that Corcel is actively seeking new ventures, aiming to acquire oil and gas assets in both Angola and Brazil.
He highlighted Angola’s onshore prospects, which have been producing oil since the 1970s, and expressed the company’s interest in reactivating these fields.
Corcel’s growth in Angola is also focused on exploration, with ongoing drilling activities in block KON 16. Gilbert noted that the company plans to draw from its extensive experience in battery metals from its operations in Asia to help accelerate Angola’s energy transition.
“We have significant expertise across the energy value chain, and our goal is to create employment opportunities through investments in oil, gas, and energy transition projects in Angola,” Gilbert emphasized.
