The last day of the Angola Oil & Gas (AOG) 2023 Conference & Exhibition, organized by Energy Capital & Power, closed with final remarks delivered by Angola’s Minister of Mineral Resources, Petroleum, and Gas, Diamantino Azevedo. Minister Azevedo spoke on the success of the conference and the role that energy development in Angola will play in ensuring energy security and sustainable development in the southern African country. “Energy security, decarbonization, and sustainability have been a
As the energy industry undergoes transformative changes, organizations, government bodies, and companies are actively advocating for enhanced participation of youth in the sector. Concluding the second day of the Angola Oil & Gas (AOG) 2023 conference, a panel of Angolan energy leaders emphasized the central role that youth play in transforming the dynamic energy sector, integrating innovation and technology that will be instrumental in creating a strong, resilient energy sector. Ahead of the panel, Abel
The Angola represents a highly promising natural gas play with proven reserves measured at 11.5 trillion cubic feet. Untapped acreage, opportunities to tie into existing Liquefied Natural Gas (LNG) and power generation infrastructure, and strong partnership potential have further enhanced the market’s attractiveness. With the demand for African gas set to increase 155% by 2050, according to the Gas Exporting Countries Forum, several major players are accelerating efforts to unlock the full potential of Angola’s
The Angola Oil & Gas 2023 Conference & Exhibition (AOG 2023), organized by Energy Capital & Power, has achieved a significant milestone by receiving a prestigious carbon-free event certificate from AMBIPAR Environment Management. This accolade underscores AOG 2023’s commitment to environmental responsibility and sustainability. AMBIPAR’s carbon measurement system calculated emissions generated by the conference and bought carbon credits. With that credit money, they will plant trees in the Amazon. AOG 2023’s dedication to achieving carbon
Angola’s downstream oil and gas sector is rapidly expanding as efforts to reduce reliance on imported petroleum drive new investments into large-scale infrastructure facilities. From transportation to storage, processing, and distribution, the industry has opened lucrative opportunities for local businesses and entrepreneurs. A panel discussion during the Angola Oil & Gas (AOG) 2023 Conference & Exhibition in Luanda, organized by Energy Capital & Power, explored such opportunities, with speakers drawing attention to the challenges faced
The second day of the Angola Oil & Gas (AOG) 2023 conference and exhibition featured the signing of a partnership agreement between the environmental management company, Ambipar, and the energy company, Kini Energias. Signed by Rogério Calderaro, CEO of Ambipar, and Bráulio Brito, Managing Partner for Kini Energias, the services covered by the agreement will include the installation of an industrial unit for the assembly and testing of waste suction equipment and for the control
Angola commemorated the Organization of Petroleum Exporting Countries (OPEC) and renewed its commitment to market stability on the second day of the Angola Oil & Gas 2023 Conference & Exhibition, which coincided with the 63rd anniversary of the organization that was founded on September 14, 1960, in Baghdad. OPEC plays a crucial role in stabilizing the oil market, fostering coordination and unity among petroleum producers. Angola, an OPEC member since 2007, has benefited from OPEC’s
Under the event’s broader theme of ‘Energy Security, Decarbonization and Sustainable Development,’ the AOG 2023 awards, which were announced on the first day of the event, sought to identify the companies pioneering the oil and gas industry in Angola. Local Company of the Year Award: Etu Energias Awarded to the most promising Angolan company, whose support and development of the local workforce and local exploration and production efforts continue to ensure the sector’s viability and
Diamond producer Botswana Diamonds (BOD) states that mining at the dumps of the company’s Marsfontein project is ongoing. In an update on its Marsfontein and Thorny River projects, in South Africa, the company says exploration, including drilling and geophysics in the mine area, has identified a blow of between 5 m and 10 m, and about 13 m from the surface. This blow has been identified as fresh kimberlite. BOD states that while the company
Kuwait Oil Company anticipates concluding its inaugural offshore oil and gas exploratory and drilling initiatives by 2026, according to the firm’s chief geologist. The exact timeline remains contingent on the progress made during the sea-based operations, as explained by Ahmed Al-Otaibi during a briefing at Kuwait’s oil ministry. Should the drilling operations prove successful, they hold the potential to usher in new production phases, potentially enhancing Kuwait’s oil and gas output. This foray into offshore
