Chevron Expands Angola Natural Gas Strategy with Non-Associated Projects and Deepwater Investments

Chevron Expands Angola Natural Gas Strategy with Non-Associated Projects and Deepwater Investments

Chevron Strengthens Angola Gas Development with NGC Project, Deepwater Blocks, and Local Content Initiatives

Frank Cassulo, Managing Director of Chevron’s Southern Africa Strategic Business Unit, provided an overview of the company’s Angolan natural gas strategy during an onstage interview at the Angola Oil & Gas (AOG) 2025 Conference and Exhibition.

Cassulo highlighted Chevron’s commitment to pioneering non-associated gas development while continuing to grow its role in Angola’s energy sector.

“Chevron has been a pioneer in the gas business,” Cassulo said. “We were a foundational partner in Angola LNG, taking associated gas, transferring it to Soyo, and building a liquefaction facility.

This opened up the potential for natural gas in Angola. We want to continue leading and evolving the gas business here.”

Chevron has played a central role in Angola’s natural gas growth, with projects such as the Sanha Lean Gas Connection Project and the New Gas Consortium (NGC) project increasing feedstock for the Angola LNG facility. The Sanha project came online in 2024, while NGC is on track to begin production in late 2025.

Unlike most of Angola’s gas, which comes from associated oil projects, NGC represents a significant milestone in non-associated gas exploration and production.

“We are at a pivotal moment,” Cassulo explained. “There is an environment to unlock the future potential of Angolan resources.

We are exploring additional liquid production and expanding the gas market. The NGC project is critical for providing reliable gas to the Angola LNG facility and advancing our broader priorities in Angola.”

Chevron is also increasing its presence in Angola’s ultra-deepwater basins, securing Risk Service Contracts (RSCs) for Block 49 and Block 50 in January 2024. These RSCs enable the company to conduct seismic studies and prepare for future exploration.

“We are privileged to operate in three major blocks,” Cassulo said. “Recently, we partnered with Shell, bringing them back to Angola.

We have completed seismic data acquisition and are currently processing it. We are excited about the potential these blocks hold.”

Commitment to Local Content and Economic Development

Beyond exploration and production, Chevron is investing heavily in local content initiatives, aiming to strengthen skills development and create opportunities for Angolan communities.

In 2024, the company spent $1.1 billion on goods and services, with the majority of that expenditure supporting local suppliers.

Cassulo concluded, “Our focus in Angola goes beyond energy production. We are committed to empowering local communities, fostering skills development, and supporting sustainable economic growth.”

With its combination of pioneering non-associated gas projects, deepwater exploration, and local content investment, Chevron is positioning itself as a key driver of Angola’s future energy and economic development.

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