Luanda - South African authorities Wednesday in Perth, Australia, expressed interest in acquiring oil and gas from Angola.
Luanda - Angolan government's fiscal and contractual incentives launched in 2017 allow the development of identified marginal fields, which were not profitable under existing contracts, said the CEO of National Oil, Gas and Biofuels Agency (ANPG), Paulino Jerónimo.
Luanda - The National Petroleum, Gas and Biofuel Agency (ANPG) is making the registration of those interested in taking part in the international road-show it will hold from September 3 to 23 to introduce the oil blocks of Namibe and Benguela basins for further auctioning.
Luanda - The minister of Mineral Resources and Petroleum, Diamantino Azevedo said that the increase in Sonangol's stake in Banco Económico stemmed from shareholder agreements because the Central Bank, as a regulator, has demanded a capital increase and one of its shareholders has not applied it.
Luanda - The Ministry of Mineral Resources and Petroleum wants to have major control of the oil spilled in the ocean and reduce its negative impact in the sea to improve quality of life in the earth and secure a sustainable economic activity, said the minister of the sector, Diamantino Azevedo.
Luanda -Companies connected with oilfield service should have more knowledge and skill to better compete on an equal footing with foreign counterparts.
Luanda - New investments opportunities have been opened in bloc 31 in the aftermath of the Executive Decree nº 157/19 issued in the State Gazette, which approves the declaration on discovery of the marginal fields, Ástrea and Juno deposit in the referred bloc.
Luanda - The volume of oil by-products security reserves, such as petrol, diesel, JET-AI, JET-B and kerosene corresponds to 30 days, in order to prevent crises situations, reads a presidential order.