The General Secretary of the Cabinda Oil Industry and Related Workers Union (STIPAC), André Capita, has expressed concern over the frequency of accidents in Angola’s oil sector, following a recent incident on the Benguela Belize Lobito Tomboco (BBLT) platform that left 17 people injured and one missing. The fire occurred early Tuesday on the basement deck of the deep-water BBLT platform, operated by Cabinda Gulf Oil Company (Cabgoc), a Chevron subsidiary, located in Block 14
Taadeen, a subsidiary of the Omani Sovereign Wealth Fund, has officially become a shareholder in the Catoca Mining Company following the signing of a public deed on Monday, May 26. The formal entry was confirmed in a statement issued by Angola’s Ministry of Mineral Resources, Oil and Gas. The agreement, signed by representatives of the involved companies, marks Taadeen’s acquisition of shares previously held by Angola’s state-owned diamond company, Endiama EP. According to the Ministry,
Brazilian state-owned energy giant Petrobras has signed a memorandum of understanding (MoU) with Angola’s national oil company, Sonangol, to collaborate on research and development in the oil and gas sector. The agreement was formalized during Angolan President João Lourenço’s state visit to Brazil in May 2025, which focused on deepening trade and energy ties between the two nations. Both President Lourenço and Brazilian President Luiz Inácio Lula da Silva emphasized the importance of strengthening bilateral
Cabinda Gulf Oil Company Limited (Cabgoc), a subsidiary of Chevron, has confirmed that one person is missing following a fire that broke out on its offshore oil platform early Tuesday. The incident also left 17 people injured, including four in serious condition. The fire occurred on the basement deck of the Benguela Belize Lobito Tomboco (BBLT) deepwater platform, located in Block 14 offshore Cabinda, Angola. The facility was undergoing scheduled annual maintenance, and all production
A fire broke out early this morning on the Benguela Belize Lobito Tomboco (BBLT) deep-water oil platform in Angola, injuring 17 workers, four of them seriously, according to a statement from the National Oil, Gas and Biofuels Agency (ANPG). The platform is operated by Cabinda Gulf Oil Company Limited (Cabgoc), a Chevron subsidiary, and is located in Block 14 within the maritime zone of Cabinda. The incident occurred around 3:00 AM on the subsoil deck
The floating production, storage, and offloading vessel (FPSO) Agogo—developed by Azule Energy (operator), the National Oil, Gas and Biofuels Agency (ANPG), and Block 15/06 partners Sonangol Exploration & Production and Sinopec—has arrived in Angolan waters as of May 15. With a production capacity of 120,000 barrels of oil per day, the vessel plays a key role in the upcoming Agogo Integrated West Hub Project, set to begin operations in the second half of 2025. According
The Angola Sovereign Wealth Fund (FSDEA), in partnership with entrepreneur Haim Taib — Founder of the international firm Mitrelli and the Menomadin Group — has launched a $1 billion investment initiative to accelerate development along the Lobito Corridor. This vital trade route spans Angola, Zambia, and the Democratic Republic of the Congo (DRC). The new initiative, named the Lobito Corridor Impact Development (LCID) platform, will operate as an independent investment vehicle. Its mission is to
Sintana Energy Inc. has secured a new exploration opportunity in Angola through a strategic agreement that strengthens its position in West Africa’s energy sector. The agreement grants Sintana an indirect 5% interest in the KON-16 onshore block in Angola’s Kwanza Basin through a partnership with UK-based Corcel Plc. The collaboration also opens the door for both companies to pursue additional ventures across the region. As part of the deal, Sintana will invest $2.5 million—beginning with
Angola has expressed its readiness to assist Namibia in building its oil and gas industry by leveraging its decades of experience in the sector. Presidential spokesperson Alfredo Hengari confirmed that Angola is well-positioned to train Namibians in oil and gas and has already begun capacity-building initiatives. He reaffirmed Angola’s full commitment to supporting the development of Namibia’s emerging energy sector. This pledge comes in the wake of Namibian President Netumbo Nandi-Ndaitwah’s recent working visit to
Construction has commenced on Angola’s largest privately funded photovoltaic power plant in Lubango, Huíla Province, with an investment of $35 million, the project’s promoters have announced. The Quilemba Solar plant is being developed by a joint venture comprising TotalEnergies (51%), Sonangol (30%), and Maurel & Prom (19%). The facility is expected to begin electricity production in April 2026 and aims to benefit approximately 40,000 households in the provincial capital. The project will initially generate 35
