Japan Prepares investment in the Mining sector

A total of 45 companies in the civil construction sector participated, last week, in Luanda, at Projekta, an international fair for equipment and services for civil construction, public works, urban planning, architecture and interior decoration. Bruno Albernaz, president of the Board of Directors of Eventos Arena, the company that organized the event, recalled that this is the first fair in the sector   organized after 2019, due to the situation caused by the Covid-19 pandemic. When speaking

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Luele Mine Set to Bolster National Diamond Production

Minister of Mineral Resources, Oil, and Gas, Diamantino Azevedo, declared on Monday 27th November that the Luele Mine, situated in the province of Lunda-Sul, will significantly contribute to the country’s increased diamond output. “This inauguration marks not just the commencement of a diamond mine but the establishment of a legacy characterized by respect, responsibility, and excellence, aiming for a prosperous future for our nation,” emphasized the Minister of Mineral Resources, Oil, and Gas while addressing

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Oil and Gas Minister Encourages Industry Companies to Drive Community Development via Social Initiatives

Minister of Mineral Resources, Oil, and Gas, Diamantino de Azevedo, stressed the imperative for companies in the sector to engage closely with neighboring communities by initiating social projects that contribute to local development. During the launch of construction for 300 social housing units aimed at resettling families near the Luele mining area in Saurimo, the minister underscored the significance of companies not only fulfilling financial obligations but also assuming social responsibilities and collaborating with local

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SODIAM Announces Online Auction of 20 Special Gemstones

The National Diamond Trading Company of Angola (SODIAM) announced on Thursday an online auction of 20 special stones, with viewing sessions scheduled from December 4th to 8th in Luanda. The event is organized by Atlantic Gem Sales, and the electronic bidding process will close on December 8th at 10 a.m. local time. The auction, as stated in the note, “is targeted at clients registered in the SODIAM database who have expertise in the trading of

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Aliança renews insurance for Solar Project in the South of the Country

Aliança Seguros issued last week, in Luanda, the policy for the second contract with MCA to ensure the construction of the second phase of the Rural Electrification Project, through the installation of solar panels in the provinces of Bié, Lunda-Norte, Lunda-Sul , Malanje and Moxico. According to a press release, two million more solar panels will be installed in the southern region of the country. Aliança Seguros was chosen to ensure the entire MCA –

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Angola Secures 53 Bids in Latest Onshore Tender

Following the deadline for submissions for Angola’s recent onshore tender on November 15, 2023, the country received 53 bids. The round featured 12 blocks in the Lower Congo and Kwanza basins. Of the total 53 bids received by Angola’s national concessionaire, the National Oil, Gas and Biofuels Agency (ANPG), 22 bids were submitted for four blocks in the Congo Basin. These included CON 2, CON 3, CON 7 and CON 8. Block CON 8 alone

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ANPG signs MOU with JES University

The National Oil, Gas and Biofuels Agency (ANPG) and the José Eduardo dos Santos University signed, last week a Memorandum of technical and scientific cooperation to support companies in the oil sector. The signing of the Memorandum took place during the workshop that dealt with the strategy for launching the biofuels sector, within the scope of implementing the obligations of the recently approved Kyoto Protocol. The head of ANPG’s Energy Integration and Biofuels Department, Vita

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Angola bets on Decarbonization and reducing the Greenhouse effect

The country is aware of the need to maintain a balance between defending the planet, with decarbonization and reducing the greenhouse effect, and the need to improve the quality of life of citizens, with the exploration of fossil fuels. The statement was made by the Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, who was speaking, Thursday, in Luanda, at the 3rd edition of the Round Table addressed to the CEO 2023 (executives) of

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Sonangol reactivates onshore operations in the Kwanza Basin in Block KN 11

Sonangol (operator of Block KON-11), located in the Kwanza Onshore Basin announced, Wednesday, that it has completed the drilling of the “Tobias-13” well, with a total depth of 960m. In a press release, the state oil company said that the preliminary assessment of the main reservoir indicates the presence of hydrocarbons, whose production potential will be assessed after the completion of the drilling of a second well in the same block, “Tobias-14”, already underway. “The

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Angola LNG Completes 100th Butane Loading at Soyo Terminal

The Pacificator vessel, operating under Sonangol Gás e Energias Renováveis, recently docked at the Soyo terminal, marking Angola LNG’s significant milestone of the 100th pressurized butane cargo shipment. This achievement signifies a pivotal moment for the company, as highlighted in a statement. It underscores Angola’s strides in the energy sector through harnessing its natural gas resources. Notably, Angola achieved self-sufficiency in butane gas production back in 2017, a testament to the company’s commitment and partnerships.

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