The National Diamond Company of Angola (Endiama) expects to reach a production of 12 million carats this year. The information was provided by the chairman of the Board of Directors of Endiama, Ganga Júnior, at the end of the working meeting he held, Wednesday 1st March, in Luanda, with the Board of Directors of the Institute of Management of Assets and State Participations (IGAPE) . According to the manager, in 2022, Endiama had a production
Energy engineering and technology company TechnipFMC announced that it has secured a $250 million contract with oil and gas multinational TotalEnergies for the engineering, procurement and supply of flowlines and connectors for the Girassol Life Extension (Girlfex) project. , located in Angola offshore Block 17. According to a document that JA had access to, the installation of flexible pipes is expected to extend the useful life of the Girassol field, bypassing the outdated rigid pipe
One hundred and fourteen young people recently concluded, in the city of Saurimo, province of Lunda-Sul, training in diamond cutting at the Training Center in Evaluation and Lapidation of the National Diamantifer Society (Sodiam). In the message, during the ceremony for awarding certificates to the finalists of the first and second cycles, the recent graduates expressed their “willingness and availability” to face new challenges and contribute to the development of the diamond subsector in Angola.
The minister of Education, Luisa Grilo, inaugurated Thursday, 23, in Namibe province a primary school No. 113, named after “Manuel Francisco Peú”, which is located at Valódia neighborhood, in the Moçâmedes municipality. Fully equipped, the school was built from scratch with funding from SODIAM – E.P., and it is the result of a protocol signed between the government of that province, the National Company of Diamond Commercialization of Angola and Fundação Brilhante, the social face
The minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, will travelled this Friday, 24, to the province of Lunda Sul, for a two-day visit, where he inaugurated a school for Primary Education and the First Cycle of Secondary Education, with a capacity to accommodate 1080 students. The construction of the school, fully equipped, took eight months and was funded by SODIAM-E.P., valued at over 800 million kwanzas. According to a press release, Diamantino Azevedo
Sonangol has already sold a total of 24 assets, which yielded 130 million dollars, and is in negotiations to privatize another seven year, the chairman of the board of directors of the state-owned oil company said last Friday, 24th February. “This total of alienated assets allows us to say we have contracted, in terms of alienation, the equivalent of a collection of 130 million dollars”, said Gasper Martins, in a press conference. The chairman of
Lucapa Diamond Company Limited (ASX: LOM), along with its Lulo partners Endiama and Rosas & Petalas, have announced the discovery of a 150-carat white Type IIa diamond from the Lulo Alluvial Mine in Angola. This marks the 36th time a diamond of over 100 carats has been recovered at Lulo, with the 150-carat diamond being the fifth such discovery in Mining Block 28 (“MB28”). In addition, Lucapa has received the dividend approved by the shareholders
Angola’s state-owned oil company, Sonangol, has revealed its strategic plan for 2023-2030, which includes a focus on the value chain linked to hydrocarbons, an increase in refining capacity to 425,000 barrels of oil per day, and the addition of a petrochemical complex. The company also plans to increase storage capacity and produce renewable energy from photovoltaic projects to reduce carbon dioxide emissions by around 15%. Furthermore, the company aims to increase carbon capture and investment
Sonangol recorded, in the 2022 financial year, a turnover of US$12.6 billion, corresponding to an operating result (EBITDA) estimated at US$4.9 billion. The information was released on Friday 24th February, in Luanda by the chairman of the Board of Directors of the Angolan oil company, Sebastião Gaspar Martins, during the conference to present the provisional performance balance sheet. The manager said that the company is present in around 35 concessions as a partner, currently being the
Angola’s oil production for the month of January was 34 million 294 thousand 39 barrels, corresponding to a daily average of 1 million 106 thousand 285 barrels of oil/day against 1 million 197 thousand 939 barrels forecast. According to the monthly production summary of the National Petroleum and Gas Agency (ANPG), production of associated gas during the month of January was 82 million 534 thousand cubic feet, corresponding to a daily average of 2 million 662
