Shell has reaffirmed its commitment to supporting Angola’s efforts to revive and expand oil production as the global energy giant repositions itself in the country following a 20-year absence. The announcement was made by Alioune Sourang, CEO of Shell in Angola, following a meeting with Angola’s Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo.
During the discussions, Sourang outlined Shell’s intention to support the government’s strategy to revitalise oil production while promoting skills development for local professionals, job creation, and community development initiatives. He praised the Angolan government for its collaborative approach during the company’s return process, describing discussions with the ministry as constructive.
Shell’s return to Angola follows an agreement signed last year between the company and Angola’s national oil concessionaire covering the exploration and development of 17 ultra-deepwater blocks, with an initial investment of nearly $1 billion. The company also discussed its partnership with the National Agency for Petroleum, Gas and Biofuels (ANPG) as part of its broader plan to rebuild operations in the country.
Shell aims to contribute to Angola’s efforts to reverse declining oil production, with plans to build local capacity and support economic growth in communities where it operates.
Source: angolanminingoilandgas.com