Pre-Conference Program

Presentation by TGS
In this session, we’ll explore the setting, history and available data along with the opportunities and challenges – target and leads, imaging challenges and operational environment. We’ll also look at further data requirements and enhancements – reprocessing, well data reconditioning and compatible data acquisition (eFTG?), finishing with a closer look at the Kwanza Basin opportunity summarizing why to explore onshore.

Attendees will walk away with greater technical insight into an underexplored basin, with attractive above-ground conditions. We’ll look closely at The Kwanza Basin in particular which is underexplored, has untapped potential in multiple play types, benefits from positive above ground characteristics and has potential for high impact, fast track returns. Finally, we’ll look at onshore operations more accessible to smaller companies.

Presentation by SLB Exploration Data

Angola is a prolific hydrocarbon province with diverse exploration opportunities. There are three main basins in Angola with significant hydrocarbon resources: Lower Congo Basin; Kwanza Basin; and Namibe Basin. SLB Exploration Data has extensive datasets across all three basins, with a number of active projects.

While prolific, the basins are geologically complex. This complexity can make it difficult to image the subsurface and reservoir intervals, thereby impacting exploration risk. 

In this session SLB Exploration Data will share the value extracted from the large data footprint offshore, the Kwanza basin to update the regional prospectivity of the basin, through state of the art processing technology, linking key existing discoveries, and leveraging machine learning. Attendees will get insights around the prospectivity of the open blocks that will be included in the 2025 Licensing Round.

Attendees will receive a Basins geological overview, understand geological complexity in the basins, review the required technology to overcome the challenges, examine petroleum systems modeling and discuss the Basin’s untapped hydrocarbon potential.

Also explored will be the Basins tectonostratigraphic architecture; how regional seismic helps to map Leads and prospects and the seismic technology used to de-risk exploration potential.

Presentation by SLB

Now, more than ever, the Angolan oil-gas industry is relying on intervention and stimulation to meet demand as mature field contribution to the country’s production increases. Performance, however, is a major challenge, according to industry analysis. Almost 35% of the global intervention operations do not meet the objectives of incremental barrels. This is primarily due to a reactive and siloed intervention approach. Many operators only intervene when the problems happen, and they rarely do proactive diagnosis to spot issues before they become overly complex. The SLB Integrated Performance Excellence (Luanda IPX) center is a collaborative environment that leverages SLB’s differentiated domain expertise, technology portfolio and digital workflows, to drive proactive intervention and stimulation solutions.

Attend this session and help Angola improve intervention performance, accelerate production incrementally, maximize reservoir recovery and reduce the cost of the value chain with low-cost, low-carbon incremental barrels. In this guided tour of the Luanda IPX center, the audience will experience the full Opportunity Maturation Process to fast-track Production Incremental for Angola, enabled by SLB’s digital ecosystems.

Who should come? Senior Executives and cross-functional teams within Exploration & Development; Production Management and Technology; Intervention and Asset Management plus Reservoir Management from the Operators in Angola - Azule, Chevron, Total Energies, ExxonMobil along with Sonangol and ANPG.

Presentation by IRDP
IRDP’s vision is focussed on improving the distribution of oil products in Angola. The current legal framework opens the way for private and state investment initiatives in midstream and downstream projects, improving the supply of petroleum derivatives with the right quality. 

In this session, attendees will gain a better understanding of the critical role that a solid, practical, feasible and fair regulatory framework plays in efficiently developing a sector, opening the way for national and foreign companies to be active in the space. They’ll receive a briefing on the work happening to uphold the highest specification of oil products in the country and the scientific projects in the pipeline. 

Attendees will get a full update on the state of the O&G downstream sector in Angola, taking into consideration the regulatory framework as well as the volumes and consumption of oil derivatives. We’ll also explore the development prospects combined with economic and population growth

Presentation by CITAC
In 2023, oil products demand in Sub-Saharan Africa (SSA) fell by 1.4% y/y to 110mn mt. This overall statistic, however, is the net result of a wide range of factors, including subsidy removal in Nigeria, civil war in Sudan, but also continued robust growth in many markets. African refinery output continues to fall, perpetuating the trend observed over the past decade. 

SSA refinery throughput dropped as low as 365 kb/d in Q3 2023 and averaged 470 kb/d in 2023: this is equivalent to one mid-size refinery in the Middle East or Asia. However, the SSA refining sector is undergoing a long-awaited revival. SSA’s oil products imports have increased by 60% over the past decade. The clean products net shortfall is expected to narrow substantially from 78.4mn mt in 2023 to 55.9mn mt in 2026, as refining projects come on stream and reach full capacity. The deficit will start growing again after that with the clean product shortfall expected to return to current levels by 2037. 

Strong population and economic growth will increase energy demand rapidly in the coming years. This increase will need to be met by multiple energy sources and oil & gas remain a key part of the energy mix. Although oil’s share of the overall mix is expected to plateau, in percentage terms, around 2035, absolute energy demand growth means that oil & gas demand will also grow. Energy transition pledges and policies are now an established part of the fundamental factors impacting oil demand growth but it will take time for grid-based solutions, in particular, to materialize.

Presentation by Wood Mackenzie
Angola is a top 5 global deepwater producer, but it faces big challenges sustaining production from mature assets. Its departure from OPEC signals the government’s determination to increase oil production. This session will address the attractiveness of investment in Angola and the role that competitive fiscal terms can play.

During this session, attendees will examine Angola’s upstream fiscal evaluation and benchmarking, review the upstream investment trends and outlook and explore the top projects and resources.

Attendees can expect to learn about the upstream investment trends in Africa and Angola, walk away with a comprehensive evaluation and benchmarking of Angola upstream fiscal terms. We’ll also look at top projects that may contribute to Angola sustaining its oil and gas output, the attractiveness to IOCs and other company peer groups and the success factors to sustaining oil production in the country.

Presentation by S&P Global Commodity Insights
Infrastructure Led Exploration (ILX) aims to generate additional value from existing infrastructure, essentially prolonging the economic life of a development by adding resources within tie back distance.

Attendees will walk away with a comprehensive understanding of why ILX is important, how it can add value to a development and what might encourage ILX. They’ll also identify some common misconceptions related to its deployment and some potential limitations.

This session will cover the key concepts involved in concluding oil and gas contracts, from conceptualizing to drafting, reviewing, negotiating, novating, and terminating agreements. It will explore fundamental principles, stakeholder objectives, best practices, phases of contracts, peculiarities in the Angolan context, and critical issues in mergers and acquisitions. 

Who should attend? Government officials and regulators; Foreign investors ; Private sector operators, Legal and financial advisors; Industry professionals and stakeholders.

Attendees can expect to gain greater insight into optimal contract structuring ; Get a better understanding of stakeholder objectives; expand their knowledge of best practices and international standards. We’ll also look at strategies for effective negotiation and drafting, building awareness of Angolan regulatory and local content requirements. Attendees will gain insight into real-life examples of successes and failures across the continent.

In this session, we’ll identify the problem, examine the impact and interrogate statistics and different case study examples. We’ll give an overview of different proposed solutions, comparing and contrasting each, providing examples as we go. This will be supported by the mechanics, the steps for implementation and the challenges and limitations.

Who should attend? Drilling Managers; Completion Managers; Reservoir Managers; Production Managers; Well architecture teams

Attendees will expand their knowledge of well integrity mechanical solutions for the reduction of risk to avoid financial losses. We’ll zoom in on security and confidence in gas-tight sealing capability. Mechanical integrity will be explored along with operational optimization – examining how to avoid expensive remedial cementing operations.