“AI improves efficiency. Solutions can be applied to improve operations in an LNG plant, offshore production, or even during oil and gas transportation,” Afonso said. He highlighted a specific case, “By deploying AI to monitor our client’s operations in real time, we were able to detect and prevent flaring events before they happened,” Afonso explained.

Beyond digital solutions, EY plays a key role in helping oil and gas companies secure financing and develop investment strategies. “Our main business is to find financiers and link them with promising oil and gas projects,” said Afonso, citing projects such as the Cabinda and Lobito refineries. Through its transaction advisory services, EY assists companies in preparing business plans, auditing and financial structuring to attract investors and achieve operational stability.

Afonso emphasized on Angola’s growing gas market as a key area for future growth. Following the separation of Sonangol’s concessionary role and the establishment of the ANPG, Angola’s gas sector has seen renewed momentum. “Exploration of gas needs to be done in all blocks with untapped reservoirs,” he concluded, underlining EY’s role in linking gas exploring companies with trading and financing partners.

Watch the full video interview here.