Angolan Mining Oil & Gas - Page 80 of 389 - Top Angolan News for Oil, Gas and Mining Industries

GEOCEAN Advances Congo LNG Project with Key Mooring Installation Milestone

28, May, 202528, May, 2025

French marine contractor GEOCEAN has successfully completed a key phase in the installation of a mooring system for a floating liquefied natural gas (FLNG) unit offshore Congo, part of Eni’s Congo LNG project in the Marine XII block. This milestone involved the placement of a drilling guide template and diver-assisted inspections to ensure precise alignment and safety in the offshore environment. It followed the arrival of the jack-up barge La Sianna at the site in

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International Corporate News Energy

BW Offshore Transfers FPSO BW Adolo Operations to BW Energy Gabon

28, May, 202528, May, 2025

Energy services firm BW Offshore, along with its exploration partner BW Energy, has successfully transferred operations and maintenance (O&M) responsibilities for the FPSO BW Adolo to BW Energy’s Gabonese subsidiary, BW Energy Gabon SA. Under the revised agreement, BW Energy will continue to own the FPSO through a bareboat charter arrangement, leasing the unit to BW Energy Gabon under existing terms, excluding O&M services. The vessel is currently producing oil from the offshore Dussafu Marin

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International Corporate News

Subsea7 Secures Major Subsea Installation Contract Offshore West Africa

28, May, 202528, May, 2025

Offshore engineering company Subsea7 has been awarded a significant subsea contract for a project located offshore West Africa. Valued between $50 million and $150 million, the contract includes the transportation and installation of flexible pipelines, umbilicals, and associated subsea infrastructure to connect a floating production, storage and offloading (FPSO) vessel. The scope also covers pre-lay activities in preparation for an upcoming drilling campaign. “Our close and agile collaboration with clients enables us to deliver cost-effective

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Local Corporate News Gas Oil Partnerships

Petrobras and Sonangol Forge Strategic R&D Partnership in Oil and Gas

28, May, 202528, May, 2025

Brazilian state-owned energy giant Petrobras has signed a memorandum of understanding (MoU) with Angola’s national oil company, Sonangol, to collaborate on research and development in the oil and gas sector. The agreement was formalized during Angolan President João Lourenço’s state visit to Brazil in May 2025, which focused on deepening trade and energy ties between the two nations. Both President Lourenço and Brazilian President Luiz Inácio Lula da Silva emphasized the importance of strengthening bilateral

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Local Corporate News Oil

Chevron Subsidiary Reports One Missing, 17 Injured After Fire on Cabinda Offshore Platform

22, May, 202522, May, 2025

Cabinda Gulf Oil Company Limited (Cabgoc), a subsidiary of Chevron, has confirmed that one person is missing following a fire that broke out on its offshore oil platform early Tuesday. The incident also left 17 people injured, including four in serious condition. The fire occurred on the basement deck of the Benguela Belize Lobito Tomboco (BBLT) deepwater platform, located in Block 14 offshore Cabinda, Angola. The facility was undergoing scheduled annual maintenance, and all production

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Local Corporate News Oil

Fire on Chevron-Operated Offshore Platform in Angola Injures 17 Workers

21, May, 202521, May, 2025

A fire broke out early this morning on the Benguela Belize Lobito Tomboco (BBLT) deep-water oil platform in Angola, injuring 17 workers, four of them seriously, according to a statement from the National Oil, Gas and Biofuels Agency (ANPG). The platform is operated by Cabinda Gulf Oil Company Limited (Cabgoc), a Chevron subsidiary, and is located in Block 14 within the maritime zone of Cabinda. The incident occurred around 3:00 AM on the subsoil deck

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Local News Oil

Angola Welcomes FPSO Agogo Ahead of 2025 Oil Production Launch

21, May, 202521, May, 2025

The floating production, storage, and offloading vessel (FPSO) Agogo—developed by Azule Energy (operator), the National Oil, Gas and Biofuels Agency (ANPG), and Block 15/06 partners Sonangol Exploration & Production and Sinopec—has arrived in Angolan waters as of May 15. With a production capacity of 120,000 barrels of oil per day, the vessel plays a key role in the upcoming Agogo Integrated West Hub Project, set to begin operations in the second half of 2025. According

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Local News Transport and Logistics

Lobito Corridor Platform Launched to Drive $1 Billion Investment in African Growth

21, May, 202521, May, 2025

The Angola Sovereign Wealth Fund (FSDEA), in partnership with entrepreneur Haim Taib — Founder of the international firm Mitrelli and the Menomadin Group — has launched a $1 billion investment initiative to accelerate development along the Lobito Corridor. This vital trade route spans Angola, Zambia, and the Democratic Republic of the Congo (DRC). The new initiative, named the Lobito Corridor Impact Development (LCID) platform, will operate as an independent investment vehicle. Its mission is to

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International Energy

World Bank Approves $350 Million Grant for Malawi’s Landmark Mpatamanga Hydropower Project

20, May, 202520, May, 2025

The World Bank has approved a $350 million grant to support the development of Malawi’s 358.5 MW Mpatamanga Hydropower Storage Project (MHSP), a transformative initiative expected to generate 1,544 GWh of clean energy annually—enough to power over one million households. “MHSP is a top priority for our government as the least-cost option to meet our growing energy demand and achieve our access targets,” said Ibrahim Matola, Malawi’s Minister of Energy. With a total estimated cost

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International News Oil

Republic of Congo Approves New Oil Exploration Permits to Boost Hydrocarbon Output

20, May, 202520, May, 2025

The Republic of Congo has approved two key decrees aimed at accelerating growth in the hydrocarbon sector and reinforcing the strategic role of the national oil company, Société Nationale des Pétroles du Congo (SNPC). During a Council of Ministers meeting held on May 13, the government granted SNPC the new Likouala II exploration permit. This followed the relinquishment of the original concession by independent oil and gas company Perenco and its joint venture with SNPC,

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