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The transaction, which involved a cash consideration of $28.4 million, has increased Afentra’s stakes in the offshore blocks to 30% in Block 3/05 and 21.33% in Block 3/05A. Additionally, Afentra has i ... -
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Recently, Azule Energy entered into a farm-in agreement with exploration company Rhino Resources Namibia, securing a 42.5% stake in Block 2914A – located in PEL 85 of Namibia’s Orange Basin. As Angola ... -
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According to Johan Jäwert, Co-Pool Manager of the Stena Sonangol Suezmax Pool and Head of Stena Bulk USA, “This new membership and the addition of Aura M further underscores the pool’s status as a via ... -
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Bartuska’s participation at AOG 2024 – taking place October 2-3 in Luanda under the theme Driving Exploration and Development Towards Increased Production in Angola – is expected to drive efforts towa ... -
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Angola-based international investment firm ABO Capital has inaugurated the Amity Training Centre in Luanda, aimed at nurturing the next wave of professional talent to fuel sustained economic growth. -
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Etu Energias – Angola’s largest private oil producer – has joined the Angola Oil & Gas (AOG) conference and exhibition as a silver sponsor. -
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Italian multinational oilfield services company Saipem has won a contract by international energy company Azule Energy for the development of the Ndungu field, offshore Angola. -
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With proven oil reserves of 9 billion barrels and gas reserves of 11 trillion cubic feet (tcf), Angola has established itself as a significant player in the global energy market.
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