{"id":15281,"date":"2025-10-15T08:02:59","date_gmt":"2025-10-15T08:02:59","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=15281"},"modified":"2025-10-15T08:03:01","modified_gmt":"2025-10-15T08:03:01","slug":"angola-afentra-receives-approval-of-block-3-24-license","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/angola-afentra-receives-approval-of-block-3-24-license\/","title":{"rendered":"ANGOLA: Afentra Receives Approval of Block 3\/24 License"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Afentra  announces that\u00a0the Risk Service Contract (RSC) for offshore Block 3\/24 has been formally approved by Presidential Decree.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This follows the Company&#8217;s announcement on 4 September 2025 confirming the signing of Heads of Terms with Angola&#8217;s National Agency of Petroleum, Gas and Biofuels (ANPG). Block 3\/24 is located adjacent to Afentra&#8217;s existing interests in Blocks 3\/05 and 3\/05A and contains five established discoveries in shallow water, offering short-cycle, low-cost development as well as near-field exploration potential.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under the terms of the RSC, Afentra will be Operator with a 40% interest in the block, alongside Maurel &amp; Prom Angola S.A.S. (40%) and Sonangol E&amp;P (20%).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>About Block 3\/24<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Block 3\/24 covers 545 km<sup>2<\/sup>&nbsp;and is adjacent to Afentra&#8217;s existing producing oil fields and undeveloped discoveries in Blocks 3\/05 and 3\/05A. The block adds a further five discoveries &#8211; Palanca North East, Quissama, Goulongo, Cefo and Kuma &#8211; all located in the same Pinda reservoir as the existing oil fields in Block 3\/05 and 3\/05A. In addition, the block contains the previously developed Canuku field cluster, which has produced up to 12,000 bopd. The block is estimated to include over 130 mmbbls of STOIIP and 400 bcf GIIP of already discovered resources.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These discoveries and previous development assets offer a significant opportunity to apply modern technology to deliver short-cycle, low-cost developments tied back to the existing infrastructure in Block 3\/05. A number of exploration prospects have also been identified based on existing 3D seismic data.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Key Discoveries<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong><em>Palanca North East<\/em><\/strong>&nbsp;discovered in 1988, tested at 6,000 bopd (38 API)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong><em>Goulongo<\/em><\/strong>&nbsp;discovered in 1988, tested at a constrained rate of 2,400 bopd (23 API)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong><em>Quissam<\/em><\/strong><strong><em>a<\/em><\/strong>&nbsp;discovered in 1987, appraised in 1992 and tested at a constrained rate of ~3,000 bopd (36 API)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong><em>Kuma<\/em><\/strong>&nbsp;discovered in 1988, tested at 1,800 bopd (32 API)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong><em>Cefo<\/em><\/strong>&nbsp;discovered in 1988, tested at 1,150 bcpd and 32 mmcfd (48 API condensate with high H\u2082S content)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong><em>Canuku field cluster<\/em><\/strong>&nbsp;developed by Sonangol (2001-2008); produced up to 12,000 bopd (31 API)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>CEO Paul McDade commented:<\/strong><br><em>&#8220;We are pleased to confirm the formal approval of the Block 3\/24 license. This milestone marks Afentra&#8217;s first offshore operatorship and represents a significant step in our strategy to build a material production business in Angola. Our attention will now turn to technical analysis of the historic wells on the license as we commence a phased programme to re-access wells and fast-track first oil. We look forward to working with our joint venture partners to unlock the full potential of this highly prospective block.&#8221;<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Afentra announces that\u00a0the Risk Service Contract (RSC) for offshore Block 3\/24 has been formally approved by Presidential Decree. This follows the Company&#8217;s announcement on 4 September 2025 confirming the signing &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/angola-afentra-receives-approval-of-block-3-24-license\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":15282,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7445,11],"tags":[9279,160,7458,10616,12108,12167,12168,11780],"class_list":["post-15281","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-southern-africa","category-top-news","tag-afentra","tag-angola","tag-anpg","tag-block-3-05a","tag-block-3-24","tag-blocks-3-05","tag-maurel-prom-angola-s-a-s","tag-sonangol-ep","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/10\/Angola-Block-3-24.png?fit=412%2C528&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3Yt","jetpack-related-posts":[{"id":15192,"url":"https:\/\/www.oilnewskenya.com\/index.php\/afentra-signs-hot-with-anpg-for-the-risk-service-contract-for-offshore-block-3-24\/","url_meta":{"origin":15281,"position":0},"title":"Afentra Signs HoT with ANPG for the Risk Service Contract for offshore Block 3\/24","author":"","date":"September 5, 2025","format":false,"excerpt":"Afentra has announced that it has signed Heads of Terms with\u00a0Angola's\u00a0National Agency of Petroleum, Gas and Biofuels (ANPG) for the Risk Service Contract (RSC) for offshore Block 3\/24, located adjacent to its existing Block 3\/05 & 5A interests in\u00a0Angola. The formal award of the license is expected in the coming\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/Angola-Block-3-05.png?fit=596%2C584&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/Angola-Block-3-05.png?fit=596%2C584&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/Angola-Block-3-05.png?fit=596%2C584&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":15110,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-maurel-prom-afentra-acquire-additional-interests-in-blocks-3-05-and-3-05a\/","url_meta":{"origin":15281,"position":1},"title":"ANGOLA: Maurel &amp; Prom &amp; Afentra Acquire Additional Interests in Blocks 3\/05 and 3\/05A","author":"","date":"June 20, 2025","format":false,"excerpt":"Maurel & Prom has announced that it has agreed to jointly acquire, alongside Afentra, Etu Energias S.A.\u2019s 10% interest in Blocks 3\/05 and 13.33% interest in Block 3\/05A in Angola. M&P has signed a Sale and Purchase Agreement with Etu for its 50% share of the Acquisition which is subject\u2026","rel":"","context":"In \"Afentra\"","block_context":{"text":"Afentra","link":"https:\/\/www.oilnewskenya.com\/index.php\/tag\/afentra\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/Angola-Block-3-05.png?fit=596%2C584&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/Angola-Block-3-05.png?fit=596%2C584&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/Angola-Block-3-05.png?fit=596%2C584&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":12966,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-afentra-expects-entry-into-angola-in-early-2023\/","url_meta":{"origin":15281,"position":2},"title":"ANGOLA:  Afentra Expects Entry into Angola in Early 2023","author":"","date":"December 14, 2022","format":false,"excerpt":"Afentra says it remains in discussion with all relevant parties and is continuing to make good progress on the transaction to purchase non-operating interests in Block 3\/05 (20%) and Block 23 (40%), offshore Angola.\u00a0 An important CP for the transaction is the PSA extension process; ANPG and the Block 3\/05\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/Angola-Block-3-05.png?fit=596%2C584&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/Angola-Block-3-05.png?fit=596%2C584&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/Angola-Block-3-05.png?fit=596%2C584&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":14172,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-serinus-energy-afentra-selected-as-a-preferred-bidders-in-2023-onshore-bid-round\/","url_meta":{"origin":15281,"position":3},"title":"ANGOLA: Serinus Energy &#038; Afentra Selected as a Preferred Bidders in 2023 Onshore Bid\u00a0Round","author":"","date":"January 23, 2024","format":false,"excerpt":"Serinus Energy notes that it has been selected as a preferred bidder on the KON-13 block in the onshore Kwanza basin in the Republic of Angola. Formal notification of this preferred bidder status is expected to be received from the Ag\u00eancia Nacional De Petr\u00f3leo, G\u00e1s E Biocombust\u00edveis (ANPG) in the\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/Angola-Licence-Areas-Map-2023.jpg?fit=1200%2C1057&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/Angola-Licence-Areas-Map-2023.jpg?fit=1200%2C1057&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/Angola-Licence-Areas-Map-2023.jpg?fit=1200%2C1057&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/Angola-Licence-Areas-Map-2023.jpg?fit=1200%2C1057&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/Angola-Licence-Areas-Map-2023.jpg?fit=1200%2C1057&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":15736,"url":"https:\/\/www.oilnewskenya.com\/index.php\/angola-afentra-provides-an-operational-update\/","url_meta":{"origin":15281,"position":4},"title":"ANGOLA: Afentra Provides an Operational Update\u00a0","author":"Samuel Kamau Mbote","date":"April 23, 2026","format":false,"excerpt":"Block 3\/05 & 5A Asset performance\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Production \u00a0 - \u00a0 \u00a0\u00a0Gross average production for the three months ended\u00a031 March 2026\u00a0was\u00a020,006\u00a0bopd (Net: Block 3\/05\u00a05,856\u00a0bopd; Block 3\/05A\u00a0102\u00a0bopd)1.\u00a0 Production\u00a0was impacted by downtime associated with the Borr Grid drilling unit positioning over the Pacassa production platform. - \u00a0 \u00a0\u00a0Asset uptime remained stable throughout the\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12470,"url":"https:\/\/www.oilnewskenya.com\/index.php\/afentra-acquires-additional-interests-in-offshore-block-3-05-3-05a\/","url_meta":{"origin":15281,"position":5},"title":"ANGOLA: Afentra Acquires Additional Interests in Offshore Block 3\/05 &#038; 3\/05A","author":"","date":"July 20, 2022","format":false,"excerpt":"Afentra plc has signed a Sale and Purchase Agreement (SPA) with INA - Industrija Nafte, d.d. to acquire a 4% interest in Block 3\/05 and a 5.33% interest1 in Block 3\/05A, offshore Angola. This transaction builds upon the acquisition of a 20% interest in Block 3\/05 from Sonangol announced in\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Angola-Block-3-05.png?fit=596%2C584&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Angola-Block-3-05.png?fit=596%2C584&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/07\/Angola-Block-3-05.png?fit=596%2C584&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=15281"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15281\/revisions"}],"predecessor-version":[{"id":15283,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15281\/revisions\/15283"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/15282"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=15281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=15281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=15281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}