Angola’s mining industry has only 1,000 women out of 11,000 workers

Endiama’s Executive Director, Ana Maria Feijó, stressed that the institution still has a lot to do so that women are better represented, at a time when they make up only 10 percent of the workforce, that is, in a universe of 11 thousand workers , a thousand are women. “Faced with reality, there has been a certain impediment due to the fact of having many tasks, such as being a mother and a wife, because

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Aviation fuel Affordable since last month

Aircraft refueling on Angolan soil got cheaper this March, compared to February, according to the table published by the Regulatory Institute for Petroleum Derivatives (IRDP) of the Ministry of Mineral Resources, Oil and Gas. The reduction was an average of 30 kwanzas for each reference litre, but which represents, overall, a significant saving for operators. According to the same IRDP table, for this month of April, the Adjustment Reference Price – Platts (PRA) is now

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Oil Price accumulates losses greater than 12%

Brent prices (reference oil for Angolan sales) for delivery and May ended the week accumulating losses of 12.45 percent, under the influence of market fears about the future of the financial sector after the collapse of Silicon Valley Bank (SVB) and Signature Bank, as well as the Credit Suisse liquidity crisis. Last week, Brent ended the day down 2.32 percent to trade at $72.97 a barrel, while West Texas Intermediate (WTI, the benchmark for the

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Norwegian company To Recruit more than 40 Graduates for the Oil industry

The Norwegian company that provides maintenance services for oil tanks, Dof Subsea Angola, has announced for the next few days the hiring and training of around 40 young technicians who have recently graduated and have no professional experience, as part of a partnership with two Angolan universities. The information was advanced last week, in a press conference, by the Executive Vice President of DOF for Africa and Europe Jan-Kristian Haukeland, noting that 50 percent of

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Sonangol and RNT agree on Clean Energy distribution

Sonangol and the National Electricity Transport Network (RNT) signed a memorandum of understanding for the distribution of clean energy to the future hydrogen and green ammonia production plant in Barra do Dande. According to a press release from the institution, the agreement outlines the main lines for the supply of electricity to the hydrogen and green ammonia production plant, generated by renewable energy or low-carbon energy, to be built in Barra do Dande, by the

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Angola sets sights on $200 million investments for Well Drilling and studies by 2024

The information was provided by the President of the National Petroleum and Biofuel Agency, Paulino Jerónimo, at the signing ceremony of the Memorandum of Understanding between ANPG, Sonangol P&P and ExxonMobile, regarding Blocks 30, 44 and 45 of the Namibe Basin. Paulino Jerónimo said that in the event of a commercial discovery in the aforementioned well, it is estimated that investment of US$15 billion will be invested in the evaluation and development of the large-scale

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Paenal now relies on Electricity from the Public grid

The Porto-Amboim Naval Shipyard (PAENAL), dedicated to building modules for the oil industry, will start to rely, as of June, on electricity from the public network. This action will reduce the company’s operating costs, as announced last Tuesday by the director general of the metal-mechanical company. Luís Barroso considered it opportune to lay the first stone of the project to install electricity from the public network for the Paenal shipyard, as it will allow the

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Angola’s Oil Production Drops by 4.5 Million Barrels in February Compared to January

Last month, Angola produced a daily average of 1.06 million barrels of oil per day (bpd), against the 1.14 million forecast, according to the document. The numbers are lower than January’s performance, when Angolan crude production stood at 34.29 million barrels, at an average of 1.106 million bpd, against 1.197 million forecast. It should be noted that, although the ANPG did not list the causes of the contraction in oil production in February, the reduction

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Top 10 Moments from Angola Oil & Gas Since its Inception

Since the first edition of Angola Oil & Gas in 2019, the conference and exhibition has hit several milestones Representing the country’s premier event for the oil and gas sector, the Angola Oil & Gas (AOG) conference and exhibition has celebrated several major milestones since the first edition took place in 2019. Organized by Energy Capital & Power (ECP), AOG serves as the official meeting place for Angola’s energy sector. The event has kickstarted a new

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Angola, The Destination of Choice for Investors

AOG 2022 International Conference Director Miguel Artacho shares insight into the outcomes of the 2022 conference, what delegates can expect from this year’s edition and why Angola represents the destination of choice for investors in 2023 and beyond The Angola Oil & Gas (AOG) conference and exhibition represents the country’s premier event for the oil and gas industry. International Conference Director for the 2022 edition of the conference, Miguel Artacho, provides insight into AOG 2022, what

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