The Angolan oil and gas industry has seen significant developments in the first two months of 2025, setting the stage for accelerated exploration and production throughout the year.
Key Highlights:
- TGS Completes Block 16 Seismic Reprocessing: In collaboration with Angola’s National Oil, Gas & Biofuels Agency (ANPG), TGS finalized reprocessing of the GeoStreamer MC3D seismic dataset, covering 3,684 km².
- TotalEnergies and ExxonMobil Explore Deepwater Blocks: Agreements were signed with ANPG to evaluate the Free Areas of Blocks 17/06 and 32/21.
- Azule Energy Finalizes Offshore Platforms: The Quiluma and Maboqueiro platforms for Angola’s first non-associated gas project were completed, with first gas expected in early 2026.
- Barra do Dande Terminal Inaugurated: President João Lourenço launched the nation’s largest fuel storage facility, located in Bengo Province.
- Oando Enters Angola: Nigerian firm Oando PLC secured operatorship of onshore Block KON 13 in the Kwanza Basin.
- SLB Opens Africa Performance Center: The facility in Luanda will provide AI-powered solutions for the oil and gas sector.
- Angola Oil & Gas 2025 Conference Announced: The event will take place from September 3-4, 2025, celebrating 50 years of Angola’s independence.
- Red Sky Energy Acquires Stake in Block 6/24: The company secured a 35% stake in the Kwanza Basin, marking its entry into African energy markets.
Source: Energy Capital and Power
