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Local Petroleum

Oceaneering Wins Angolan Offshore Contract

Subsea engineering and applied technology company Oceaneering International, through its Offshore Projects Group segment, has been named a consortium partner to support transportation and installation work on the Girassol Life Extension project in Block 17, offshore Angola. The scope of work will include the provision of air and saturation diving services, project management, engineering and procurement activities and will be done to support the prime contractor’s recovery and replacement of 12 risers. Oceaneering will also provide Angolan personnel

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Diamonds Economy Local

Mina do Lulo plans auction of three special diamonds

Sociedade Mineira do Lulo plans to bid, at auction, for three heavy diamonds, weighing 12, 50 and 180 carats, benefiting from the fact that the stones from that concession continue to be attractive and attract buyers on the international market, despite the price crisis. The president of the Management Board of that Minas Gerais company, Alfredo Machado, stated that, besides these three rare stones, the company does not have any other production in stock, given

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Gas Local News Oil

Angolan production of cooking gas is higher than consumption levels

With a consumption of 420 metric tons of butane gas per year, Angola is self-sufficient and has a wide supply of this fuel known as cooking gas, with three operators deployed in production. José Barroso, who was speaking at a seminar called “Everything about Butane Gas”, organized by the Petroleum Derivatives Regulatory Institute (IRDP), added that the specifications of liquefied petroleum gas used in the country comply with established standards. The majority of production is

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Gas Local News Oil Petroleum

Sonangol begins oil drilling in the Kwanza Onshore Basin

Within five days, Sonangol Pesquisa&Produção begins exploring for oil and gas in the Tubias well, in the Kwanza Terrestrial Basin block (KON-11), located in the municipality of Cabo Ledo, Luanda province. At this moment, the rig still needs to complete five percent of the technical work, in order to move forward with oil and gas drilling activity in the Tubias well, of which 95% has already been completed.  The well is between 700 and 800

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Economy Local News Oil Petroleum

Angola to Boost Oil Exports, Targeting 1.18 Million Barrels per Day in October

Angola’s oil export level will rise to 1.18 million barrels per day in October, reaching the highest value since July, reported financial information agency Bloomberg. According to Bloomberg, which cites the final cargo manifest, Angola will export 1.18 million barrels of oil in October, increasing compared to the 1.047 million daily barrels forecast for this month. For October, the final program foresees 38 cargoes with a combined volume of 36.52 million barrels of oil, given

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Local News Oil Petroleum

ExxonMobil’s Block 15 Offshore Angola Marks 29 Years of Exploration

Block 15, an Angolan offshore, operated by ExxonMobil (Esso Angola), located approximately 370 kilometers northwest of Luanda, completed 29 years since the beginning of its exploration on August 23, 1994, and currently employs around 1,000 workers . According to PetroAngola’s website, Block 15, once Angola’s largest oil producer, recently achieved a daily production peak exceeding 600 KBPD, thanks to its four FPSOs: Kizomba A, Kizomba B, Mondo, and Saxi-Batuque. Construction of the initial FPSO, Kizomba

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Local Mining News

APEPA Companies Extract 800,000 Tons of Negro-Angola Black Granite Annually

A total of 800,000 tons of black granite, particularly Negro-Angola, is being extracted annually by the various companies registered with the Association of Producers, Transformers, Traders and Exporters of Ornamental Stones of Southern Angola (APEPA). The vice-president of the association, Elias Cipriano, highlighted the provinces of Huíla and Namibe as the most attractive in the country as they account for 80 percent of the exploration and export of rocks of various types, with emphasis on

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Gas Local News Oil Petroleum

TotalEnergies, AzuleEnergy, and Equinor Sign Production Sharing Contracts for Angolan Blocks with ANPG

The multinationals TotalEnergies, AzuleEnergy and Equinor signed, yesterday, in Luanda, production sharing contracts for blocks 16/21 and 31/21 with the National Petroleum, Gas and Biofuels Agency (ANPG). The act is the result of the Public Adjudication Offer carried out by ANPG, in 2021, and follows the Executive’s Strategic Plan for the attribution of oil concessions 2019-2025.    The Plan foresees the award of more than 50 oil blocks to reaffirm commitments to more incisive exploration and

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Diamonds Local News

Three special Lulo Diamonds await sale at auction

Sociedade Mineira do Lulo, located in Xamiquelengue, Capenda-Camulemba municipality, Lunda-Norte province, currently has three diamonds of 180, 50 and around 12 carats waiting to be sold at auction. The information was provided, on Yesterday 31st August, at Dundo to the press, by the president of the operator’s management council (PCG), Domingos Alfredo Machado, on the sidelines of the production balance meeting for the first half of the current year, and which brings together, since Wednesday,

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Diamonds Economy Local News

Global Crisis Stifles Nearly One Million Carats of Diamonds

The ongoing global financial crisis has led to the withholding of approximately one million carats of diamonds produced in Angola over recent months. José Manuel Ganga Júnior, President of the Board of Directors (PCA) of Endiama, reported this development on August 30th in Dundo, Lunda-Norte province. When speaking at the opening of the semi-annual balance of diamond production in the country, the manager clarified that, at the moment, the sector is faced with price proposals

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