Angolan Mining Oil & Gas - Page 380 of 389 - Top Angolan News for Oil, Gas and Mining Industries

Oil

Angola remains the largest oil producer in sub-Saharan Africa for the third consecutive month

23, August, 20224, September, 2022

Oil production in Angola in July surpassed Nigeria for the third consecutive month, with the country producing 1.180 million barrels a day, against 1.084 in the largest economy in sub-Saharan Africa. According to the monthly report of the Organization of Petroleum Exporting Countries (OPEC), Angola has been increasing production slightly since the beginning of the year, rising from 1.123 million barrels a day in the last quarter of 2021 to 1.161 million in the first quarter

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Gas Economy Energy Mining Oil

Azule Energy Assigns Contracts Valued at $900 Million to Saipem for Gas Project in Angola

22, August, 202222, August, 2022

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

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Mining Economy Energy Technology & Innovation

Moxico: Cement factory expects to create more than two thousand jobs

19, August, 202219, August, 2022

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

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Energy Gas Mining Oil

New gasoline production complex reaches maximum capacity

19, August, 202219, August, 2022

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,

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Oil Mining Petroleum

Alfort Petroleum wants to increase oil production in Angola

19, August, 202219, August, 2022

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

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Oil

Alfort bets on local content

19, August, 202219, August, 2022

The director general of Alfort Petroleum, Carlos Pallete, said in Luanda that the implementation of local content in the oil sector is important for the valorization of the national workforce. According to the director-general, local content is essential for the growth of local companies in the oil sector. “Local content is welcome. What we are going to do is contribute to its implementation, because we have a plan to recruit young interns at universities and train

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Energy

AW139 Helicopters to Improve Energy Services in Angola

19, August, 202219, August, 2022

SonAir Airline Services, a subsidiary of Angolan state energy firm, Sonangol, has ordered two AW139 twin-engine helicopters from Italian multinational aerospace company Leonardo as part of efforts to improve support services across Angola’s energy industry. Following delivery in Q1, 2023, the two helicopters will provide transport services across Angola’s rapidly expanding oil and gas industry, replacing SonAir’s ageing helicopter fleet and modernizing the company’s services. Well designed to operate in harsh conditions similar to those

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Energy

MCA Constructs Two Solar Parks in Angola

19, August, 202219, August, 2022

Portuguese business group, MCA, has constructed two solar photovoltaic (PV) parks with an installed capacity of 285 MW in the Angolan towns of Biópio and Baía Farta, in the Benguela Province, supplying green energy to approximately 1.8 million people. Completed on July 20, MCA led the project’s execution in Engineering, Procurement and Construction as part of an international consortium. The solar energy parks are part of the government’s 2018-2022 National Development Plan, which aims to diversify

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Energy Gas Mining

Saipem Wins $900 Million Contract in Angola

18, August, 202219, August, 2022

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.

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Oil Energy Mining

Angola to start talks on trade deal with EU in bid to diversify from oil

18, August, 202218, August, 2022

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

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