Latest news with #AngolaOil&Gas

Zawya
29-04-2025
- Business
- Zawya
FAMAR Strengthens Angolan Downstream, Returns as Silver Sponsor of Angola Oil & Gas (AOG) 2025
Bunkering and maritime services company FAMAR has joined the sixth edition of the Angola Oil&Gas (AOG) conference as a Silver Sponsor, reinforcing its commitment to Angola's growing downstream sector. As the company expands its port infrastructure to support offshore oil and gas operations, FAMAR's presence at AOG 2025 will facilitate new opportunities for industry collaboration and investment. With extensive operations across Angola's ports, FAMAR plays a key role in the distribution and trade of petroleum products and services. The company is actively modernizing port infrastructure with integrated solutions in fuel storage, management and ship repair. At AOG 2024, FAMAR signed a Memorandum of Understanding with construction firm Angobetumes to jointly manage two fuel storage tanks at the Port of Luanda and three tanks at the Lobito Terminal. All five tanks have been certified by national authorities for the storage and marketing of petroleum, strengthening Angola's fuel storage capacity in strategic locations. Beyond fuel storage, FAMAR offers a wide range of maritime services including passenger and cargo transport, training and vessel chartering. The company supplies marine fuels – such as Marine Diesel MGO and Fuel Oil IFO 180 cts – for all ship types and facilitates both import and export of refined petroleum products. FAMAR also manages full-cycle maintenance and repair for a variety of floating marine assets, playing a vital role in supporting Angola's offshore oil and gas projects. Notable partnerships include work with Azule Energy on Block 18, as well as contributions to the Platina Oil Field and Greater Plutonio developments. AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola's oil and gas industry. To sponsor or participate as a delegate, please contact sales@ Distributed by APO Group on behalf of Energy Capital&Power.

Zawya
22-04-2025
- Business
- Zawya
Azule Energy Joins Angola Oil & Gas (AOG) 2025 as Gold Sponsor Ahead of Major Project Launches
International energy company Azule Energy has confirmed its participation as a Gold Sponsor at the upcoming Angola Oil&Gas (AOG) 2025 conference, taking place in Luanda on September 3-4. As Angola's largest independent equity producer of oil and gas, Azule Energy's return to the event underscores its continued commitment to working closely with operators, service providers and government partners to drive forward the country's energy agenda. Azule Energy is advancing a series of large-scale oil and gas projects across the country, including Angola's first non-associated gas project. Led by the New Gas Consortium (NGC) with Azule Energy as operator, the project will tap gas resources from the Quiluma and Maboqueiro (Q&M) shallow water fields. In February 2025, the NGC completed the offshore platforms for the project, with the Quiluma platform departing shortly thereafter for the installation site. The full development includes two offshore platforms and an onshore gas processing plant and will supply feedstock to Angola LNG, the country's sole LNG facility. Production is expected to start in late 2025 or early 2026, with the platforms delivered six months ahead of schedule. AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola's oil and gas industry. To sponsor or participate as a delegate, please contact sales@ Another major development underway is the Agogo Integrated West Hub Development in Block 15/06. In February 2025, Azule Energy and its project partners announced the sail-away of the Agogo FPSO from the shipyard in China to Angola. The FPSO is expected to begin operations by late 2025, joining the existing Ngoma FPSO and producing hydrocarbons from the Agogo and Ndungu fields. The new unit will boost production by 120,000 barrels per day (bpd) and features cutting-edge carbon capture and storage technology. Notably, it incorporates the world's first post-combustion CO₂ capture plants installed on an FPSO, marking a significant step forward in reducing emissions from offshore production. Azule Energy's broader portfolio includes 18 licenses – 11 of which the company operates – spanning both Angola and Namibia. In December 2024, the company finalized a strategic farm-in to Block 2914A in Namibia's PEL 85, marking its first international expansion. In 2024, Azule's net production reached 210,000 bpd, with oil and condensates making up 80% of output. The company is targeting 250,000 bpd by 2027 as it advances its upstream operations. In addition to oil and gas, Azule Energy is leading efforts to deliver low-carbon energy solutions in Angola. In partnership with Sonangol, the company is developing the Caraculo Solar Project in Namibe Province, with a total capacity of 50 MW. Phase one came online in 2023, delivering 25 MW of clean power to the grid. Azule Energy is also deeply committed to local content and social development. In 2024, the company inaugurated a new school in Huambo, offering educational access to 720 students. Alongside its Block 15/06 partners, it also handed over two education facilities to the Government of Cabinda in 2024, funded by project revenues and reinforcing the social impact of Angola's energy industry Distributed by APO Group on behalf of Energy Capital&Power.

Zawya
10-04-2025
- Business
- Zawya
Unlock Business-to-Business (B2B) Networking Opportunities at Angola Oil & Gas 2025
Angola's planned licensing round in 2025, upcoming infrastructure developments and flexible block opportunities highlight the vast potential across the country's upstream oil and gas market. On the downstream side – with over 400,000 barrels per day of planned refining capacity, a drive to connect Angola's oilfields to regional consumers and growing domestic demand – the country is seeking strategic partnerships to advance projects and promote fuel security. Angola Oil&Gas (AOG), taking place on September 3-4, 2025, supports the country's industry goals by uniting global investors, government stakeholders and industry leaders in Luanda. As the largest event of its kind in Angola, the conference offers a gateway to doing business in Angola, and this next edition will facilitate new deals as Angola celebrates 50 years of independence. Network, Engage and Sign Deals As Angola unlocks new upstream opportunities and advances downstream projects, AOG 2025 offers unparalleled access to the decision-makers shaping the country's oil and gas future. The conference provides a unique opportunity to hear directly from government authorities, providing a high-impact networking environment designed to accelerate deal-making. The event features a structured program of B2B meetings, closed-door investor briefings and sector-specific sessions for targeted engagement. Paul McDade, CEO of Afentra, shared with Energy Capital&Power that 'the AOG conference has supported Afentra PLC's investment strategy by providing a valuable platform to engage with key industry stakeholders, helping to strengthen existing relationships and build new ones. The event has facilitated direct interactions with government representatives, local operators and potential partners, allowing Afentra to better understand Angola's oil and gas landscape and align its strategy accordingly.' With over 3,000 global attendees, 430 companies and 115 ministers and VIPs representing over 32 countries, AOG's proven track record in facilitating partnerships and agreements makes it the ideal platform for companies looking to enter or expand in the Angolan market. 'AOG was instrumental for us in so many ways. It was our first participation at the conference and we were able to meet everyone. Everyone from the industry attends the event and it was exceptionally helpful for us,' stated Andrew Knox, CEO of Red Sky Energy. Following their participation at AOG 2024, Red Sky Energy acquired a 35% stake in Angola's Block 6/24, representing the company's entry into the market. Knox added that they will 'definitely be attending AOG in 2025,' as the company pursues other prospects in Angola. How to Join AOG 2025 Join AOG 2025 as a sponsor or exhibitor and position your brand at the forefront of the country's oil and gas sector. AOG 2025 offers a variety of sponsorship opportunities designed to enhance brand visibility and awareness. The exhibition returns bigger than before, allowing companies to showcase their products, services and innovations. AOG 2025 also offers numerous speaking opportunities, enabling thought leaders, industry experts and entrepreneurs to share their expertise and strategies for Angola's oil and gas development. Join as an official delegation to explore investment opportunities, establish partnerships and connect with stakeholders. AOG 2025 takes place at a pivotal moment in Angola's history – 50 years after independence – with the oil and gas sector at the heart of the country's development agenda. Participating at AOG 2025 means contributing to this milestone and playing an active role in Angola's economic growth story. Visit for more information. AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola's oil and gas industry. To sponsor or participate as a delegate, please contact sales@ Distributed by APO Group on behalf of Energy Capital&Power.

Zawya
02-04-2025
- Business
- Zawya
What to Expect at Angola Oil & Gas 2025
With a $60 billion upstream investment pipeline, a 2025 licensing round and restructured block opportunities, Angola is positioning itself as the premier destination for upstream investors. Meanwhile, new downstream projects are opening up financing opportunities for technology and capital providers. Against this backdrop, the Angola Oil&Gas (AOG) conference and exhibition returns for its sixth edition from September 3-4 in Luanda, bringing together industry leaders to explore investment opportunities, forge collaborations and drive Angola's oil and gas sector forward. Here is what to expect from this year's edition: Celebrating 50 Years of Angola Taking place on the eve of Angola's 50th anniversary of independence, AOG 2025 will celebrate five decades of growth in the country's oil and gas sector. By reflecting on past successes, challenges and lessons learned, the event will not only highlight Angola's profitability and potential, but also lay the groundwork for future investment and development. Multi-Track Agenda AOG 2025 offers a dynamic multi-track agenda designed to cater to all segments of the oil and gas value chain. Topics range from upstream exploration and production, to downstream refinery and petrochemical advancements, to regulatory and policy frameworks, and more. Keynote presentations and panel discussions will also provide insights into Angola's latest licensing round and emerging opportunities in the oil and gas sector. Pre-Conference Program Leading up to the main event, AOG 2025 introduces an expanded pre-conference program, including specialized technical workshops and training sessions led by global energy experts. Designed for engineers, geologists, project managers and energy financiers, these sessions will explore cutting-edge advancements in drilling technologies, reservoir management, digital transformation and sustainable energy practices. To take part in the pre-conference program, contact sales@ Dedicated Deal Room A centerpiece of AOG 2025 is the exclusive Deal Room, designed as a high-impact 'Dragon's Den'-style platform where companies, service providers, SMEs and technology firms can showcase their solutions to investors, project developers and government representatives. This setup fosters direct engagement, driving collaboration and deal-making. Expanded Exhibition AOG 2025 will feature an expanded exhibition space, spotlighting the latest technologies, services and innovations shaping the oil and gas industry. Exhibitors will gain access to unparalleled brand exposure, senior decision-makers, high-value networking and targeted lead generation. The exhibition serves as a vital platform for companies looking to increase visibility and forge new business relationships. Networking Prospects As Angola's largest oil and gas industry event, AOG 2025 welcomes the participation of over 2,500 attendees from 40 countries and 450 organizations. The event unites the entire oil and gas value chain, connecting upstream exploration and production to downstream infrastructure and services to finance, policy and technology. Delegates will have the unique opportunity to strengthen cross-sector collaboration and grow their brand in one of Africa's most exciting oil and gas markets. Secure Your Place at AOG 2025 Don't miss the chance to engage with one of Africa's largest oil and gas markets. Join the AOG 2025 conference today and be a part of the discussion on turning Angola's oil and gas industry into a fuel for long-term, sustainable economic development. AOG 2025 offers a range of participating opportunities, including sponsorships, exhibition, speaking slots and delegation prospects. Visit for more information. AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola's oil and gas industry. To sponsor or participate as a delegate, please contact sales@ Distributed by APO Group on behalf of Energy Capital&Power.

Zawya
29-01-2025
- Business
- Zawya
Angola Oil & Gas (AOG'25) Kicks Off to Celebrate 50 Years of Angola's Independence and Its Leadership in the Oil Sector in Africa
The sixth edition of the Angola Oil&Gas (AOG) Conference&Exhibition was officially launched today, marking the beginning of a historic celebration. The event, scheduled for September 3-4, 2025, in Luanda, is the country's largest oil and gas investment platform, bringing together industry leaders, financiers, technology providers, and both local and international service providers. Under the theme 'Turning Dialogue into Business,' AOG 2025 promises to be the biggest edition yet, standing out for its B2B networking, promotion of strategic collaboration and support for signing agreements among key industry decision-makers. The conference also commemorates 50 years of Angola's independence and five decades of growth in the oil and gas industry, which has been achieved through factors such as transparent cooperation with major global operators, consistent investment, collaboration among industry stakeholders and continuous innovation. According to José Barroso, Angolan Secretary of State for Oil and Gas, 'the sixth edition of AOG 2025, organized this year as part of the celebration for the 50th anniversary of our independence, comes at an important time for Angola and the national oil and gas sector,' he said, adding that 'Angola's oil and gas sector marks 50 years of resilience and growth, offering a compelling investment opportunity for international partners and reaffirming its position as a hub for global industry leaders.' He further stated, 'As Angola's oil and gas sector celebrates 50 years of growth, we're showcasing its profitability to foreign investors. Events like AOG 2025 play a crucial role in boosting the sector, promoting Angola globally and attracting investment, ultimately driving economic and social progress." Meanwhile, Barroso highlighted that oil production was averaging over one million barrels per day, and that the country seeks to further increase output through a multifaceted investment approach, including the launch of its 2025 licensing round which will offer new blocks in the offshore Kwanza and Benguela basins, in addition to new opportunities in marginal fields. Angola's licensing round, scheduled for the first quarter of 2025, includes blocks 22, 35, 37, 38, and 36 in the Kwanza Basin, and blocks 40, 25, 39 and 26 in the Benguela Basin. Meanwhile, the available marginal fields cover areas in blocks 4, 14, 15, 17/06, and 18. The Incremental Production Initiative, which offers more attractive fiscal conditions, has been a key tool to maximize production from existing assets. In the natural gas sector, Angola is also striving to position itself as a major exporter, increasing the share of gas in the energy mix to 25%. The government is attracting new investments and technological innovations, with strategic projects such as Angola LNG. Among recent developments, Chevron launched the Sanha Lean Gas Connection Project in December 2024, while the New Gas Consortium expects to start producing non-associated gas by late 2025 or early 2026. Angola also presents investment opportunities in gas-to-power, LPG, and distribution projects, making it an increasingly attractive market for investors. In the downstream sector, the Cabinda Refinery is expected to begin operations in 2025, with an initial capacity of 30,000 barrels per day. Additionally, the Lobito and Soyo refinery projects are under development, with Angola seeking investors to accelerate their completion. Bráulio de Brito, President of AECIPA, emphasized the role of this initiative 'in developing local content, particularly in training national staff, implementing innovative and robust equipment and technology in Angola and Angolan companies, as well as in the growing openness of national banks to seriously consider projects and national entrepreneurs in the sector.' The President of AECIPA also stated that 'I hope the sixth edition of Angola Oil&Gas will break all records for business and professional participation, both international and national, and that it will be a moment to celebrate the country, the industry, and all those who, at the governmental and business levels, make it happen in Angola.' Meanwhile, Luís Conde, Conference Director at Energy Capital&Power, summed up the spirit of the event by stating, 'In honor of this golden jubilee, the Angola Oil&Gas 2025 Conference will celebrate Angola's legacy as one of the undisputed leaders in the oil and gas sector in Africa, while looking toward a future filled with opportunities. The event will transform today's conversations into partnerships, investments, and key contracts for the next 50 years.' Registrations for AOG 2025 are now open. To secure your spot and learn more about the event, visit: Distributed by APO Group on behalf of Energy Capital&Power. About AOG: Angola Oil&Gas is the leading platform dedicated to the future of oil and gas in the country, bringing together experts, investors, and decision-makers from around the world. Since its first edition, AOG has fostered transformative agreements that drive Angola's development as a regional energy powerhouse. In 2025, the conference promises to be a milestone in the African energy sector, solidifying Angola's role as a market leader.