In line with the mining operations in the provinces of Lundas Norte and Sul, we were able to witness the complexity of all the engineering work, developed with alluvial diamond deposits in mind, which became more valued from 2018 onwards, with the implementation of a new commercialization model, which eliminated the so-called “preferred customers”. The first stop was at N’zaji, municipality of Cambulo, base of operations of SMC (Sociedade Mineira do Chitotolo), since 1986, with
The Sociedade Mineira do Chitotolo (SMC) suspended operations in the areas of Chitotolo, Muyta and Sangulungu, keeping them in Maludi, which represents 40 percent of the activity of the consortium owned by Angola’s Endiama and Lumanhe, as well as Australia’s ITM. The partial interruption of operations was decided to comply with the restrictions imposed by the State of Emergency in force in the country since March 27, giving rise to authorization for home confinement for
Representing the voice of the African energy sector, the African Energy Chamber supports HRH Prince Abdulaziz bin Salman, Minister of Energy of Saudi Arabia, in his call for oil and gas market stability The current global oil and gas market is in a state of flux, with price volatility, demand fluctuations and thin liquidity causing unprecedented impacts on the entire energy value chain. At the same time, a number of producing markets in Africa are
Representing a long-term strategic partner for South Sudan, the South African delegation will pave the way for new bilateral partnerships between the two nations, and South African energy stakeholders are urged to capitalize on the opportunities the conference presents Energy Capital & Power (ECP) (https://EnergyCapitalPower.com) is proud to announce that H.E. Gwede Mantashe, South Africa’s Minister of Mineral Resources and Energy, will lead a South African delegation to South Sudan Oil & Power 2022 (https://bit.ly/3cvK8EY)
The Italian company Saipem won 3 important new service contracts for the New Gas Consortium (NGC) led by Azule Energy (Eni Angola & bp Angola), for the development of the Quiluma and Maboqueiro gas fields, located offshore Angola. The Italian player was awarded 1 onshore contract and 2 offshore contracts, with a global value of around US$900 million, Saipem will be responsible for engineering, procurement and construction, as well as connection and commissioning assistance for
A new company called (Cimeleste Vungo Indústria, Lda) dedicated to the production and sale of cement will be born in the country, in the region of Cazombo, Moxico province, and is expected to create another 2,000 jobs. According to a press release sent today to Jorna de Angola Online, the firm is originally from Canada, with an investment estimated at more than US$50 million “and a production capacity of 1,500 tons of cement/day”. Given its
The New Gasoline Production Complex at the Luanda Refinery, recently opened by Sonangol, reached a maximum capacity of 1,580,000 liters of gasoline/day, against the previous 395,000 liters, under safe conditions. According to the coordinator of the project to increase the complex’s gasoline production capacity, João Mayer, reaffirms that with the complex being fully operational, it will reduce expenses with annual fuel imports by 15 percent and will save 300 million euros. of dollars a year,
Alfort Petroleum expects to contribute a 10 percent contribution to the increase in Angola’s oil production, estimated at 1.2 million barrels of oil/day, a strategy adopted after the company recently won the contract for the block 8, in the onshore Cuanza Basin. Speaking to Jornal de Angola, the director general of Alfort Petroleum, Carlos Pallete, said that the ambition of the Angolan oil company is to position itself among the major operators in the oil
Angola’s New Gas Consortium – comprising Azule Energy, Chevron, Sonangol and TotalEnergies – has awarded Italian multinational oilfield services company, Saipem, three engineering, procurement and construction (EPC) contracts. The contracts are for the development of the Quiluma and Maboqueiro (Q&M) fields located in the Lower Congo Basin, offshore Angola. The one onshore and two offshore contracts, estimated at a total $900 million, will see Saipem conduct EPC work including hook-up and commissioning assistance for the Quiluma platform.
Angola and the European Union are set to start talks for a trade deal this year after EU and African partners approved a request from the oil-producing nation to join a regional trade bloc, according to an EU document and an official. The green light to start negotiations came in late July, an EU document shows, shortly before the southern African country holds general elections next week. “We are now in a position to open
