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ANGOLA: Solenova, an Eni-Sonangol JV, lays the first stone first photovoltaic project

Solenova, a joint venture equally owned by Eni and Sonangol for the development of renewable energy projects, has lain the first stone of what will be Angola’s first photovoltaic power … Read More

ANGOLA: Striped-Horse Atlântico Lda, Rockwash Geodata to Establish & Maintain a Digital Well cuttings National Data Repository

Striped-Horse Atlântico Lda (SHAL) along with Rockwash Geodata Ltd have announce an agreement with the Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) of Angola to establish a world class … Read More

ANGOLA: Sirius, Somoil Sign SPA with Sonangol to acquire offshore Blocks 18, 31 and 27

Sirius and its local JV partner, Somoil S.A have announced that the joint Sirius-Somoil consortium, has signed a legally binding Sale and Purchase Agreement (SPA) with Sonangol Pesquisa e Produção S.A. to acquire … Read More

ANGOLA: Afentra Selected as Preferred Bidder to Purchase Interests in Block 3/05 and Block 23

Afentra has announced that Afentra has been selected as preferred bidder to purchase interests in Block 3/05 and Block 23. This follows the announcements on 8 October 2021 and 3 … Read More

ANGOLA: Eni Achieves Start-up from Ndungu EP Development Project in the Western area of Block 15/06

Eni started production from Ndungu Early Production (EP) development project, in Block 15/06 of the Angolan deep offshore, via the Ngoma Floating Production Storage and Offloading (FPSO) vessel. The start-up … Read More

ANGOLA: Eni & BP Finalise Agreement to Create New Independent Joint Venture

BP and Eni confirmed today that they have signed an agreement to form a new 50/50 independent company, Azule Energy, a BP and Eni company, through the combination of the … Read More

Could Restructuring African NOCs via Partial Privatization be a Game Changer in the African Oil and Gas Industry?

The prevailing system in African NOCs means a growing social and financial burden to oil producing countries that translates into low wages, poor quality goods and services By Leoncio Amada … Read More

Capex within Africa’s oil and gas sector to hit $30 billion in 2022

Despite global capital expenditure having been on a downward spiral between 2014 and 2020- owing largely to COVID-19 pandemic spending trends and energy transition-related divestment in Africa – the African … Read More

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