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  •   The final day of the Angola Oil amp Gas AOG 2022 Conference and Exhibition https bit ly 3UyBCpP has come to a close with final remarks delivered by H E Diamantino Azevedo https bit ly 3ugOlRU Angola s Minister of Mineral Resources Petroleum and Gas who spoke on the success of the conference and the impact that promoting an inclusive attractive and innovative oil and gas industry in Angola will have on the region and the continent at large During the third edition of this event we have showed that Angola https bit ly 3sJGHPo is on the right path and if the format continues it will certainly bring positive results for our industry If we continue to support this event solutions will come out for the improvement of the oil industry of Angola and we hope that it will also contribute to the overall improvement of our continent and our planet H E Minister Azevedo stated adding that I believe that these three editions have given to our country a positive contribution in order to enrich the way we think about the industry and share experiences so that we can learn and improve our program for the enrichment of this sector Having taken place under the auspices of H E Minister Azevedo AOG 2022 https bit ly 3UZLFUs took place under the context of political stability in the southern African country addressing the nation s most pressing matters in its energy market as it strives to curb production decline expand and promote exploration and new discoveries and ensure the participation of its population in its central economic engine I think this event created an opportunity for us to reflect on the present and the future of the hydrocarbon industry as well as the role that it will play going forward H E Minister Azevedo continued further stating that Here in Angola we should once and for all be cognizant of the benefits of oil and gas But on the other hand we in the industry should be more responsible so that people will see these resources as a blessing and not as a curse That means that we have to have stronger performance in the way of utilizing our resources for the benefit of our people and for the benefit of the living conditions of our population so that they can feel the positive impact the industry might have on their lives Regarding ensuring economic development and widespread energy wealth throughout Angola and the region H E Minsiter Azevedo highlighted the role of Angola s resources and industries within the context of the shifting global economy and divulged the Government s efforts towards creating an enabling environment for businesses by ensuring that the Angolan energy sector is inclusive and designed to benefit all Angolans while adhering and contributing towards the global energy transition https bit ly 3VBHRc0 We can contribute towards and improve the infrastructure in our country and we can also be the principal actors of the so called energy transition which may be spearheaded by our hydrocarbon industry H E Minsiter Azevedo added concluding that I would like once again to assure you that investing in our country will result in win win relationships and I would like to invite you to come back to Angola
    H.E. Minister Diamantino Azevedo Closes Angola Oil & Gas (AOG) 2022
      The final day of the Angola Oil amp Gas AOG 2022 Conference and Exhibition https bit ly 3UyBCpP has come to a close with final remarks delivered by H E Diamantino Azevedo https bit ly 3ugOlRU Angola s Minister of Mineral Resources Petroleum and Gas who spoke on the success of the conference and the impact that promoting an inclusive attractive and innovative oil and gas industry in Angola will have on the region and the continent at large During the third edition of this event we have showed that Angola https bit ly 3sJGHPo is on the right path and if the format continues it will certainly bring positive results for our industry If we continue to support this event solutions will come out for the improvement of the oil industry of Angola and we hope that it will also contribute to the overall improvement of our continent and our planet H E Minister Azevedo stated adding that I believe that these three editions have given to our country a positive contribution in order to enrich the way we think about the industry and share experiences so that we can learn and improve our program for the enrichment of this sector Having taken place under the auspices of H E Minister Azevedo AOG 2022 https bit ly 3UZLFUs took place under the context of political stability in the southern African country addressing the nation s most pressing matters in its energy market as it strives to curb production decline expand and promote exploration and new discoveries and ensure the participation of its population in its central economic engine I think this event created an opportunity for us to reflect on the present and the future of the hydrocarbon industry as well as the role that it will play going forward H E Minister Azevedo continued further stating that Here in Angola we should once and for all be cognizant of the benefits of oil and gas But on the other hand we in the industry should be more responsible so that people will see these resources as a blessing and not as a curse That means that we have to have stronger performance in the way of utilizing our resources for the benefit of our people and for the benefit of the living conditions of our population so that they can feel the positive impact the industry might have on their lives Regarding ensuring economic development and widespread energy wealth throughout Angola and the region H E Minsiter Azevedo highlighted the role of Angola s resources and industries within the context of the shifting global economy and divulged the Government s efforts towards creating an enabling environment for businesses by ensuring that the Angolan energy sector is inclusive and designed to benefit all Angolans while adhering and contributing towards the global energy transition https bit ly 3VBHRc0 We can contribute towards and improve the infrastructure in our country and we can also be the principal actors of the so called energy transition which may be spearheaded by our hydrocarbon industry H E Minsiter Azevedo added concluding that I would like once again to assure you that investing in our country will result in win win relationships and I would like to invite you to come back to Angola
    H.E. Minister Diamantino Azevedo Closes Angola Oil & Gas (AOG) 2022
    Africa9 hours ago

    H.E. Minister Diamantino Azevedo Closes Angola Oil & Gas (AOG) 2022

    The final day of the Angola Oil & Gas (AOG) 2022 Conference and Exhibition (https://bit.ly/3UyBCpP) has come to a close with final remarks delivered by H.E. Diamantino Azevedo (https://bit.ly/3ugOlRU), Angola’s Minister of Mineral Resources, Petroleum and Gas, who spoke on the success of the conference and the impact that promoting an inclusive, attractive, and innovative oil and gas industry in Angola will have on the region and the continent at large. 

    “During the third edition of this event we have showed that Angola (https://bit.ly/3sJGHPo) is on the right path and if the format continues, it will certainly bring positive results for our industry.

    If we continue to support this event, solutions will come out for the improvement of the oil industry of Angola, and we hope that it will also contribute to the overall improvement of our continent and our planet,” H.E. Minister Azevedo stated, adding that, “I believe that these three editions have given to our country a positive contribution in order to enrich the way we think about the industry and share experiences so that we can learn and improve our program for the enrichment of this sector.”Having taken place under the auspices of H.E. Minister Azevedo, AOG 2022 (https://bit.ly/3UZLFUs) took place under the context of political stability in the southern African country, addressing the nation’s most pressing matters in its energy market as it strives to curb production decline, expand and promote exploration and new discoveries, and ensure the participation of its population in its central economic engine.

    “I think this event created an opportunity for us to reflect on the present and the future of the hydrocarbon industry, as well as the role that it will play going forward,” H.E. Minister Azevedo continued, further stating that, “Here in Angola, we should once and for all be cognizant of the benefits of oil and gas.

    But on the other hand, we in the industry should be more responsible so that people will see these resources as a blessing and not as a curse.

    That means that we have to have stronger performance in the way of utilizing our resources for the benefit of our people, and for the benefit of the living conditions of our population so that they can feel the positive impact the industry might have on their lives.”Regarding ensuring economic development and widespread energy wealth throughout Angola and the region, H.E. Minsiter Azevedo highlighted the role of Angola’s resources and industries within the context of the shifting global economy and divulged the Government’s efforts towards creating an enabling environment for businesses by ensuring that the Angolan energy sector is inclusive and designed to benefit all Angolans while adhering and contributing towards the global energy transition (https://bit.ly/3VBHRc0).

    “We can contribute towards and improve the infrastructure in our country, and we can also be the principal actors of the so-called energy transition, which may be spearheaded by our hydrocarbon industry,” H.E. Minsiter Azevedo added, concluding that, “I would like, once again, to assure you that investing in our country will result in win-win relationships and I would like to invite you to come back to Angola.”

  •   Under the theme The Next Wave of Exploration ANPG the New Rules of Engagement and the Future of Angola s Oil and Gas Reserves a panel discussion held during the 2022 edition of the Angola Oil amp Gas AOG conference https bit ly 3UyBCpP explored how the National Agency for Oil Gas and Biofuels ANPG Angola s oil and gas market regulator is revitalizing upstream activities across Africa s largest crude oil producer Moderated by Justin Michael Cochrane Director African Regional Research S amp P Global Commodity Insights speakers included Melissa Bond President and General Manager for ExxonMobil Angola and Chairperson for the ACEPA Rui Rodrigues Pre Development and Exploration Assets Director TotalEnergies E amp P Angola Jason Robinson Director Africa TGS Giovanni Aquilina Exploration Director Azule Energy Chris Newton Marine Business Development Manager Shearwater and Adriano Sebasti o Exploration Director at ANPG The panel opened with a keynote address delivered by Paulino Jer nimo President of the ANPG who explained the organization s new rules of engagement and how they can help attract new investors to make discoveries and address declining reserves and production According to Jer nimo the ANPG has its plan approved by the government which includes awarding 55 new concessions to investors in the coming years assessing existing areas and interior basins to expand upstream investments policy revamps and the regulators increased focus on technology innovation to boost the industry Thereafter the discussions kicked off with speakers highlighting stability compliance and transparency progressive fiscal and legislative terms low operational costs for operators and tax stability as the key drivers for an optimal exploration market According to Sebasti o the ANPG is willing to revamp policies and fiscal terms in line with changing global trends and that We are working with government and all stakeholders to improve fiscal terms to satisfy investors whilst making sure we don t destroy the profitability of the state Our more comprehensive vision of optimizing production has been disclosed in presidential decrees and we have engaged in an extensive exploration strategy If major firms do not show interest we will go for medium and small sized companies then we will have a wide range of firms present in the market We want to have a direct open and transparent and case by case conversations and partnerships which will lead to massive discoveries Meanwhile Africa has witnessed a decline in exploration in the past years yet huge discoveries have also been made According to Cochrane the potential for frontier exploration in Angola will revive the exploration market and unlock the massive reserves required to boost production According to Robinson to boost investment in exploration Firstly you need stability You need to have a stable environment to do business and Angola ticks that box Secondly is compliance and transparency Along with that is negotiable terms and Angola also ticks that box You have a well developed exploration system as well as frontier areas Commenting on ExxonMobil s exploration plans in Angola s frontier basins Bond stated that We are very excited about exploration prospects in the Namibe basin which demonstrates our willingness to continue to invest in Angola The Namibe basin is a frontier and deepwater basin and we are working with the ANPG to make it very attractive We have to compete with liquefied natural gas the energy transition and low carbon solutions ExxonMobil is competing for capital for all of these projects but we are confident that we will be successful Speaking about TotalEnergies interest in ultra deepwater projects in Angola Rodrigues stated that The technologies we have deployed have shown us that it is possible to drill ultra deepwater Today we continue doing research and working with the ANPG to understand more The panel also provided an opportunity for Newton to showcase the various technologies available to address ultra deepwater and complex exploration campaigns Commenting on the role of digitalization in maximizing exploration campaigns Aquilina gave reference to Azule Energy s exploration success in Block 15 06 stating that We have done fantastic work on Block 15 06 Since 2018 we have made six discoveries so our rate of success is more than 80 on the block in terms of infrastructure led exploration This comes with two pillars the knowledge of the people and support by the expertise in that water and the data We are in the process of digitalization which is important for us With regards to the potential for Angola to decarbonize oil operations Bond added that ExxonMobil has a target to achieve net zero by 2050 We have worked hard to reduce emissions in the past decades and reduced flaring in Block 15 Going forward it is going to be tough because we are competing with global targets However we are looking at exploring new technologies that will enable us to boost our environmental performance Aquilina reiterated that Decarbonization is a fact it is real We have six FPSOs and we have one that is net zero and everything electric That is the start and we will decarbonize Block 16 Our vision is to continue decarbonizing with FPSOs that are clean and do not emit any flaring Angola continues to be competitive because both the agency and the partners are showing solidarity in decarbonization and we will continue bringing new investments because we showed we can produce more with less emissions
    Angola Oil & Gas (AOG) 2022 Explores Requirements to Maximize Angola’s Exploration Potential
      Under the theme The Next Wave of Exploration ANPG the New Rules of Engagement and the Future of Angola s Oil and Gas Reserves a panel discussion held during the 2022 edition of the Angola Oil amp Gas AOG conference https bit ly 3UyBCpP explored how the National Agency for Oil Gas and Biofuels ANPG Angola s oil and gas market regulator is revitalizing upstream activities across Africa s largest crude oil producer Moderated by Justin Michael Cochrane Director African Regional Research S amp P Global Commodity Insights speakers included Melissa Bond President and General Manager for ExxonMobil Angola and Chairperson for the ACEPA Rui Rodrigues Pre Development and Exploration Assets Director TotalEnergies E amp P Angola Jason Robinson Director Africa TGS Giovanni Aquilina Exploration Director Azule Energy Chris Newton Marine Business Development Manager Shearwater and Adriano Sebasti o Exploration Director at ANPG The panel opened with a keynote address delivered by Paulino Jer nimo President of the ANPG who explained the organization s new rules of engagement and how they can help attract new investors to make discoveries and address declining reserves and production According to Jer nimo the ANPG has its plan approved by the government which includes awarding 55 new concessions to investors in the coming years assessing existing areas and interior basins to expand upstream investments policy revamps and the regulators increased focus on technology innovation to boost the industry Thereafter the discussions kicked off with speakers highlighting stability compliance and transparency progressive fiscal and legislative terms low operational costs for operators and tax stability as the key drivers for an optimal exploration market According to Sebasti o the ANPG is willing to revamp policies and fiscal terms in line with changing global trends and that We are working with government and all stakeholders to improve fiscal terms to satisfy investors whilst making sure we don t destroy the profitability of the state Our more comprehensive vision of optimizing production has been disclosed in presidential decrees and we have engaged in an extensive exploration strategy If major firms do not show interest we will go for medium and small sized companies then we will have a wide range of firms present in the market We want to have a direct open and transparent and case by case conversations and partnerships which will lead to massive discoveries Meanwhile Africa has witnessed a decline in exploration in the past years yet huge discoveries have also been made According to Cochrane the potential for frontier exploration in Angola will revive the exploration market and unlock the massive reserves required to boost production According to Robinson to boost investment in exploration Firstly you need stability You need to have a stable environment to do business and Angola ticks that box Secondly is compliance and transparency Along with that is negotiable terms and Angola also ticks that box You have a well developed exploration system as well as frontier areas Commenting on ExxonMobil s exploration plans in Angola s frontier basins Bond stated that We are very excited about exploration prospects in the Namibe basin which demonstrates our willingness to continue to invest in Angola The Namibe basin is a frontier and deepwater basin and we are working with the ANPG to make it very attractive We have to compete with liquefied natural gas the energy transition and low carbon solutions ExxonMobil is competing for capital for all of these projects but we are confident that we will be successful Speaking about TotalEnergies interest in ultra deepwater projects in Angola Rodrigues stated that The technologies we have deployed have shown us that it is possible to drill ultra deepwater Today we continue doing research and working with the ANPG to understand more The panel also provided an opportunity for Newton to showcase the various technologies available to address ultra deepwater and complex exploration campaigns Commenting on the role of digitalization in maximizing exploration campaigns Aquilina gave reference to Azule Energy s exploration success in Block 15 06 stating that We have done fantastic work on Block 15 06 Since 2018 we have made six discoveries so our rate of success is more than 80 on the block in terms of infrastructure led exploration This comes with two pillars the knowledge of the people and support by the expertise in that water and the data We are in the process of digitalization which is important for us With regards to the potential for Angola to decarbonize oil operations Bond added that ExxonMobil has a target to achieve net zero by 2050 We have worked hard to reduce emissions in the past decades and reduced flaring in Block 15 Going forward it is going to be tough because we are competing with global targets However we are looking at exploring new technologies that will enable us to boost our environmental performance Aquilina reiterated that Decarbonization is a fact it is real We have six FPSOs and we have one that is net zero and everything electric That is the start and we will decarbonize Block 16 Our vision is to continue decarbonizing with FPSOs that are clean and do not emit any flaring Angola continues to be competitive because both the agency and the partners are showing solidarity in decarbonization and we will continue bringing new investments because we showed we can produce more with less emissions
    Angola Oil & Gas (AOG) 2022 Explores Requirements to Maximize Angola’s Exploration Potential
    Africa10 hours ago

    Angola Oil & Gas (AOG) 2022 Explores Requirements to Maximize Angola’s Exploration Potential

    Under the theme, ‘The Next Wave of Exploration: ANPG, the New Rules of Engagement, and the Future of Angola’s Oil and Gas Reserves’, a panel discussion held during the 2022 edition of the Angola Oil & Gas (AOG) conference (https://bit.ly/3UyBCpP) explored how the National Agency for Oil, Gas and Biofuels (ANPG), Angola’s oil and gas market regulator, is revitalizing upstream activities across Africa’s largest crude oil producer.

    Moderated by Justin Michael Cochrane, Director, African Regional Research, S&P Global Commodity Insights, speakers included Melissa Bond, President and General Manager for ExxonMobil Angola and Chairperson for the ACEPA; Rui Rodrigues, Pre-Development and Exploration Assets Director, TotalEnergies E&P Angola; Jason Robinson, Director, Africa, TGS; Giovanni Aquilina, Exploration Director, Azule Energy; Chris Newton, Marine Business Development Manager, Shearwater; and Adriano Sebastião, Exploration Director at ANPG.

    The panel opened with a keynote address delivered by Paulino Jerónimo, President of the ANPG who explained the organization’s new rules of engagement and how they can help attract new investors to make discoveries and address declining reserves and production.

    According to Jerónimo, the ANPG has its plan approved by the government which includes awarding 55 new concessions to investors in the coming years; assessing existing areas and interior basins to expand upstream investments; policy revamps; and the regulators increased focus on technology innovation to boost the industry.

    Thereafter, the discussions kicked off with speakers highlighting stability, compliance and transparency, progressive fiscal and legislative terms, low operational costs for operators and tax stability as the key drivers for an optimal exploration market.

    According to Sebastião, the ANPG is willing to revamp policies and fiscal terms in line with changing global trends, and that “We are working with government and all stakeholders to improve fiscal terms to satisfy investors whilst making sure we don’t destroy the profitability of the state.

    Our more comprehensive vision of optimizing production has been disclosed in presidential decrees and we have engaged in an extensive exploration strategy.

    If major firms do not show interest, we will go for medium and small sized companies, then we will have a wide range of firms present in the market.

    We want to have a direct, open and transparent and case by case conversations and partnerships which will lead to massive discoveries.”Meanwhile, Africa has witnessed a decline in exploration in the past years, yet huge discoveries have also been made.

    According to Cochrane, the potential for frontier exploration in Angola will revive the exploration market and unlock the massive reserves required to boost production.

    According to Robinson, to boost investment in exploration, “Firstly, you need stability.

    You need to have a stable environment to do business and Angola ticks that box.

    Secondly is compliance and transparency.

    Along with that is negotiable terms and Angola also ticks that box.

    You have a well-developed exploration system as well as frontier areas.” Commenting on ExxonMobil’s exploration plans in Angola’s frontier basins, Bond stated that, “We are very excited about exploration prospects in the Namibe basin, which demonstrates our willingness to continue to invest in Angola.

    The Namibe basin is a frontier and deepwater basin, and we are working with the ANPG to make it very attractive.

    We have to compete with liquefied natural gas, the energy transition and low carbon solutions.

    ExxonMobil is competing for capital for all of these projects but we are confident that we will be successful.”Speaking about TotalEnergies’ interest in ultra-deepwater projects in Angola, Rodrigues stated that, “The technologies we have deployed have shown us that it is possible to drill ultra-deepwater.

    Today, we continue doing research and working with the ANPG to understand more.”The panel also provided an opportunity for Newton to showcase the various technologies available to address ultra-deepwater and complex exploration campaigns.

    Commenting on the role of digitalization in maximizing exploration campaigns, Aquilina gave reference to Azule Energy’s exploration success in Block 15/06, stating that, “We have done fantastic work on Block 15/06.

    Since 2018 we have made six discoveries so our rate of success is more than 80% on the block in terms of infrastructure-led exploration.

    This comes with two pillars: the knowledge of the people and support by the expertise in that water; and the data.

    We are in the process of digitalization which is important for us.”With regards to the potential for Angola to decarbonize oil operations, Bond added that, “ExxonMobil has a target to achieve net-zero by 2050.

    We have worked hard to reduce emissions in the past decades and reduced flaring in Block 15.

    Going forward, it is going to be tough because we are competing with global targets.

    However, we are looking at exploring new technologies that will enable us to boost our environmental performance.”Aquilina reiterated that, “Decarbonization is a fact, it is real.

    We have six FPSOs and we have one that is net zero and everything electric.

    That is the start and we will decarbonize Block 16.

    Our vision is to continue decarbonizing with FPSOs that are clean and do not emit any flaring.

    Angola continues to be competitive because both the agency and the partners are showing solidarity in decarbonization and we will continue bringing new investments because we showed we can produce more with less emissions.”

  •   A dedicated panel at the Angola Oil amp Gas AOG 2022 conference http bit ly 3UyBCpP on Wednesday explored the key drivers and potential contributions of natural gas in Angola under the theme Natural Gas in Focus Gas to power Petrochemicals and LNG Outstanding Opportunities for Future Capacity Building Holding estimated recoverable natural gas reserves of 27 trillion cubic feet Angola has been historically slow to monetize its gas resources but recently launched a series of comprehensive gas monetization and utilization initiatives with a view to emerging as a regional gas player Moderated by Eric A Williams President amp Principal Consultant Royal Triangle Energy Solutions Limited panelists included Julius Rone Managing Director UTM Offshore Camilo Gomes Finance Manager Certex Angola LDA Ricardo Silva President Elect of the Association of International Energy Negotiators and Partner at Miranda amp Associates Rui Bastos Global Risk Energy Expert EY Ronald Groot Managing Director Angola Siemens Energy and Manuel Barros Chairman of the Executive Committee UNGER Williams kicked off the discussion by stating that Natural gas is the ideal resource that can assist in the development of the continent As natural gas is increasingly positioned as a key component of the energy transition http bit ly 3VBHRc0 and means of generating power easing fuel shortages and diversifying state revenue streams Angola s public and private sector have implemented an ambitious gas monetization campaign with speakers exploring the country s readiness to become a regional gas powerhouse So far we have all the ingredients to be a regional powerhouse We have infrastructure with a train of LNG with capacity to expand and infrastructure linked to trade We have neighboring countries with a need for gas These are necessary ingredients to make Angola a regional powerhouse The Angolan state has provided the legal framework in order to develop the resources stated Barros Panelists discussed how the expansion of natural gas http bit ly 3XKfc6x in Angola and across the continent is in part being fueled by the global energy transition with gas serving as a relatively clean burning fossil fuel that releases 50 60 fewer emissions from combustion than coal or petroleum products According to Rone Gas is cleaner energy For Angola the opportunities are huge What is required to save costs by looking at technology that is proven and that is FLNG For us there is an opportunity for Angola to catch up with the trend of the development of offshore natural gas and that is through FLNG However Silva added that What has been missing from the conversation is the issue of carbon capture and storage CCS Angola at the stage it is in where it is transitioning from an oil province to an oil and gas province there is an advantage of moving to CCS hubs for the avoidance of the carbon Natural gas also represents a critical solution to easing fuel shortages in Angola with gas to power technology offering a cost effective alternative for power generation The country is seeking to raise its national electrification rate to 60 by 2025 on the back of new gas fired and renewable power generation capacity Natural gas is a fantastic complementary energy source It can work well in conjunction with existing renewables in Angola If we talk about power generation from gas turbines it is great because it is so flexible you can start and stop it within minutes unlike solar and other resources This helps in providing more coverage The existing infrastructure is not of the standards it needs to be so until then natural gas based power generation is a great complementary power generation solution stated Groot While the country currently exports 95 of its natural gas production in the form of Liquefied Natural Gas LNG through its Angola LNG project http bit ly 3gRuMNa it is aiming to retain 25 of production in country by 2030 via associated value added industries including petrochemicals fertilizer production agriculture and manufacturing The Angola LNG plant in Soyo is currently the country s only gas monetization facility processing gas from seven offshore fields and representing one of the largest single investments in the Angolan oil and gas industry We always talk about gas to power but we forget that this is only one side of the coin We need gas to power and all the infrastructure that comes with it We have to think of this strategically it is not only focusing on gas to power but actually the whole ecosystem to improve the lives of everyone stated Gomes Bastos expanded on the topic of the gas ecosystem stating that The ecosystem as a whole needs to be looked at When you look at global trends you are looking at the long term electrification of our society With electrification you start diversifying other industries Looking at the use of gas through other forms of feedstock there are vast opportunities for how you can transform gas molecules to other sources The trick is to make the conditions available to develop those industries
    Angola Oil and Gas (AOG) 2022 Talks Highlight Transforming Angola into a Regional Gas Player
      A dedicated panel at the Angola Oil amp Gas AOG 2022 conference http bit ly 3UyBCpP on Wednesday explored the key drivers and potential contributions of natural gas in Angola under the theme Natural Gas in Focus Gas to power Petrochemicals and LNG Outstanding Opportunities for Future Capacity Building Holding estimated recoverable natural gas reserves of 27 trillion cubic feet Angola has been historically slow to monetize its gas resources but recently launched a series of comprehensive gas monetization and utilization initiatives with a view to emerging as a regional gas player Moderated by Eric A Williams President amp Principal Consultant Royal Triangle Energy Solutions Limited panelists included Julius Rone Managing Director UTM Offshore Camilo Gomes Finance Manager Certex Angola LDA Ricardo Silva President Elect of the Association of International Energy Negotiators and Partner at Miranda amp Associates Rui Bastos Global Risk Energy Expert EY Ronald Groot Managing Director Angola Siemens Energy and Manuel Barros Chairman of the Executive Committee UNGER Williams kicked off the discussion by stating that Natural gas is the ideal resource that can assist in the development of the continent As natural gas is increasingly positioned as a key component of the energy transition http bit ly 3VBHRc0 and means of generating power easing fuel shortages and diversifying state revenue streams Angola s public and private sector have implemented an ambitious gas monetization campaign with speakers exploring the country s readiness to become a regional gas powerhouse So far we have all the ingredients to be a regional powerhouse We have infrastructure with a train of LNG with capacity to expand and infrastructure linked to trade We have neighboring countries with a need for gas These are necessary ingredients to make Angola a regional powerhouse The Angolan state has provided the legal framework in order to develop the resources stated Barros Panelists discussed how the expansion of natural gas http bit ly 3XKfc6x in Angola and across the continent is in part being fueled by the global energy transition with gas serving as a relatively clean burning fossil fuel that releases 50 60 fewer emissions from combustion than coal or petroleum products According to Rone Gas is cleaner energy For Angola the opportunities are huge What is required to save costs by looking at technology that is proven and that is FLNG For us there is an opportunity for Angola to catch up with the trend of the development of offshore natural gas and that is through FLNG However Silva added that What has been missing from the conversation is the issue of carbon capture and storage CCS Angola at the stage it is in where it is transitioning from an oil province to an oil and gas province there is an advantage of moving to CCS hubs for the avoidance of the carbon Natural gas also represents a critical solution to easing fuel shortages in Angola with gas to power technology offering a cost effective alternative for power generation The country is seeking to raise its national electrification rate to 60 by 2025 on the back of new gas fired and renewable power generation capacity Natural gas is a fantastic complementary energy source It can work well in conjunction with existing renewables in Angola If we talk about power generation from gas turbines it is great because it is so flexible you can start and stop it within minutes unlike solar and other resources This helps in providing more coverage The existing infrastructure is not of the standards it needs to be so until then natural gas based power generation is a great complementary power generation solution stated Groot While the country currently exports 95 of its natural gas production in the form of Liquefied Natural Gas LNG through its Angola LNG project http bit ly 3gRuMNa it is aiming to retain 25 of production in country by 2030 via associated value added industries including petrochemicals fertilizer production agriculture and manufacturing The Angola LNG plant in Soyo is currently the country s only gas monetization facility processing gas from seven offshore fields and representing one of the largest single investments in the Angolan oil and gas industry We always talk about gas to power but we forget that this is only one side of the coin We need gas to power and all the infrastructure that comes with it We have to think of this strategically it is not only focusing on gas to power but actually the whole ecosystem to improve the lives of everyone stated Gomes Bastos expanded on the topic of the gas ecosystem stating that The ecosystem as a whole needs to be looked at When you look at global trends you are looking at the long term electrification of our society With electrification you start diversifying other industries Looking at the use of gas through other forms of feedstock there are vast opportunities for how you can transform gas molecules to other sources The trick is to make the conditions available to develop those industries
    Angola Oil and Gas (AOG) 2022 Talks Highlight Transforming Angola into a Regional Gas Player
    Africa24 hours ago

    Angola Oil and Gas (AOG) 2022 Talks Highlight Transforming Angola into a Regional Gas Player

    A dedicated panel at the Angola Oil & Gas (AOG) 2022 conference (http://bit.ly/3UyBCpP) on Wednesday explored the key drivers and potential contributions of natural gas in Angola, under the theme, ‘Natural Gas in Focus: Gas-to-power, Petrochemicals and LNG – Outstanding Opportunities for Future Capacity Building.’Holding estimated recoverable natural gas reserves of 27 trillion cubic feet, Angola has been historically slow to monetize its gas resources, but recently launched a series of comprehensive gas monetization and utilization initiatives, with a view to emerging as a regional gas player.

    Moderated by Eric A.

    Williams, President & Principal Consultant, Royal Triangle Energy Solutions Limited, panelists included Julius Rone, Managing Director, UTM Offshore; Camilo Gomes, Finance Manager, Certex Angola LDA; Ricardo Silva, President-Elect of the Association of International Energy Negotiators and Partner at Miranda & Associates; Rui Bastos, Global Risk, Energy Expert, EY; Ronald Groot, Managing Director, Angola, Siemens Energy; and Manuel Barros, Chairman of the Executive Committee, UNGER.

    Williams kicked off the discussion by stating that, “Natural gas is the ideal resource that can assist in the development of the continent.”As natural gas is increasingly positioned as a key component of the energy transition (http://bit.ly/3VBHRc0) and means of generating power, easing fuel shortages and diversifying state revenue streams, Angola’s public and private sector have implemented an ambitious gas monetization campaign, with speakers exploring the country’s readiness to become a regional gas powerhouse.

    “So far, we have all the ingredients to be a regional powerhouse.

    We have infrastructure with a train of LNG with capacity to expand and infrastructure linked to trade.

    We have neighboring countries with a need for gas.

    These are necessary ingredients to make Angola a regional powerhouse.

    The Angolan state has provided the legal framework in order to develop the resources,” stated Barros.

    Panelists discussed how the expansion of natural gas (http://bit.ly/3XKfc6x) in Angola – and across the continent – is in part being fueled by the global energy transition, with gas serving as a relatively clean burning fossil fuel that releases 50-60% fewer emissions from combustion than coal or petroleum products.

    According to Rone, “Gas is cleaner energy.

    For Angola, the opportunities are huge.

    What is required to save costs by looking at technology that is proven, and that is FLNG.

    For us, there is an opportunity for Angola to catch up with the trend of the development of offshore natural gas and that is through FLNG.”However, Silva added that, “What has been missing from the conversation is the issue of carbon capture and storage (CCS).

    Angola, at the stage it is in, where it is transitioning from an oil province to an oil and gas province, there is an advantage of moving to CCS hubs for the avoidance of the carbon.”Natural gas also represents a critical solution to easing fuel shortages in Angola, with gas-to-power technology offering a cost-effective alternative for power generation.

    The country is seeking to raise its national electrification rate to 60% by 2025 on the back of new gas-fired and renewable power generation capacity.

    “Natural gas is a fantastic complementary energy source.

    It can work well in conjunction with existing renewables in Angola.

    If we talk about power generation from gas turbines, it is great because it is so flexible – you can start and stop it within minutes unlike solar and other resources.

    This helps in providing more coverage.

    The existing infrastructure is not of the standards it needs to be, so until then, natural gas-based power generation is a great complementary power generation solution,” stated Groot.

    While the country currently exports 95% of its natural gas production in the form of Liquefied Natural Gas (LNG) through its Angola LNG project (http://bit.ly/3gRuMNa), it is aiming to retain 25% of production in-country by 2030 via associated value-added industries, including petrochemicals, fertilizer production, agriculture and manufacturing.

    The Angola LNG plant in Soyo is currently the country’s only gas monetization facility, processing gas from seven offshore fields and representing one of the largest single investments in the Angolan oil and gas industry.

    “We always talk about gas to power, but we forget that this is only one side of the coin.

    We need gas to power and all the infrastructure that comes with it.

    We have to think of this strategically, it is not only focusing on gas to power but actually the whole ecosystem to improve the lives of everyone,” stated Gomes.

    Bastos expanded on the topic of the gas ecosystem, stating that, “The ecosystem as a whole needs to be looked at.

    When you look at global trends, you are looking at the long-term electrification of our society.

    With electrification, you start diversifying other industries.

    Looking at the use of gas through other forms of feedstock, there are vast opportunities for how you can transform gas molecules to other sources.

    The trick is to make the conditions available to develop those industries.”

  •   With Angola s oil and gas industry https bit ly 3AX1Wln witnessing unprecedented growth owing to implemented regulatory reforms increasing demand across the regional and global landscape and new discoveries and projects being launched new opportunities have emerged for service companies in the country As such Angola s premier energy event and the biggest to take place in Africa post COP27 Angola Oil amp Gas AOG 2022 http bit ly 3UyBCpP held a dedicated Spotlight on Services panel discussion uniting service engineers and technology firms to discuss mature production challenges offer smart solutions and new exploration techniques while shedding light on opportunities arising within Angola s emerging energy transition that require the application of specialized technologies and that enable service providers to diversify their activities The session began with a keynote presentation by Miguel Baptista Managing Director for Central East and Southern Africa at Schlumberger now SLB who discussed the company s strategies towards decarbonizing the oil and gas industry in Africa and bringing innovative and cost effect solutions to energizing the continent The oil and gas industry has been it is and will be the engine of growth for the Angolan economy For the past few decades Angola has evolved from a low income country to a medium income country and this evolution has been driven primarily by its oil and gas industry Baptista stated adding While the importance of the oil and gas industry cannot be question in Angola we are living in an exciting and unique time in our country and a pivotal time for our planet as we work on the world s greatest balancing act Moderated by Gon alo Falc o Partner at Meyer Brown speakers included Ian Cloke COO Afentra Ezinne Nnebocha Marketing and Sale Manager SLB Angola Matt Tyrell Chief Geologist DDMS Ida amp Trois Geoconsulting Xcalibur Multiphysics Matthieu Wallach Sales Director and General Manager Southern Africa Welltec Frederic Jacquemin Director for Contracts and Marketing Noble Drilling and David Tony Nwakaji Sales amp Commercial Manager Sub Saharan Africa Tenaris The conversation kicked off with insight provided into the opportunities created for service companies in Angola http bit ly 3sJGHPo The marketplace has changed quite a lot now and as we look forward we can start going towards the mature phases of exploration prospects stated Ian Cloke COO of Afentra adding As I look at it I think the demand for the service industry has to change to mimic what other well established exploration and production countries have been doing Meanwhile speaking on the prospects of taking advantage of mature fields in Angola Matt Tyrell Chief Geologist for DDMS Ida amp Trois Geoconsulting and Xcalibur Multiphysics stated There s always been great optimism about new exploration here in Angola but if you look at where the best success has been that has consistently been in established areas We need to not only think about new frontier bases but exploration in established basins as well As a provider of technologies we have the solutions added Mathieu Wallach Sales Director and General Manager for Southern Africa at Welltec stating that We need to work with the oil companies to find the right solutions that will effectively minimize the effect of cost and carbon emissions It can be by combining technologies and these questions need to notify and discover where to find real value Thereafter the discussion shifted to the role service companies play in driving sustainable oil and gas operations in Angola with emphasis placed on the need to deploy specialized technologies that enable the market to grow in a climate friendly manner We have to set goals and consider how they concretely work in practice we are looking into renewable fuels but towards the long term we need to also consider the logistics aspects stated Frederic Jacquemin Director for Contracts and Marketing at Noble Drilling Additionally speaking about Angola s position as Africa s largest oil producer http bit ly 3y1Mseo David Tony Nwakaji Sales amp Commercial Manager for Sub Saharan Africa at Tenaris stated There are lots of opportunities here It s no secret that Angola seems to be the jewel of Africa in terms of oil and gas investment This is a partnership and collaboration driven industry As the opportunities are bound for the oil and gas industry it also has bounds for the service providers Finally raising points on the opportunities for Angola to leverage modern technology to reduce emissions in the oil and gas sector it was noted during the panel discussion that oil and gas is a requisite for Angola and the rest of Africa to empower itself and participate practically in the energy transition Over the course of these past few days its apparent that the oil and gas industry is an engine for growth in Angola and several African countries stated Ezinne Nnebocha Marketing and Sale Manager at SLB Angola concluding We know the harsh reality of energy access in Africa As an operator and even as a service company we need to be clear about what we re doing We will continue to operate but how can we leverage practices processes and technology in a way that reduces emissions and promotes development
    Opportunities for Service Companies Across Angola’s Exploration & Production (E&P) Market Explored at Angola Oil and Gas (AOG) 2022
      With Angola s oil and gas industry https bit ly 3AX1Wln witnessing unprecedented growth owing to implemented regulatory reforms increasing demand across the regional and global landscape and new discoveries and projects being launched new opportunities have emerged for service companies in the country As such Angola s premier energy event and the biggest to take place in Africa post COP27 Angola Oil amp Gas AOG 2022 http bit ly 3UyBCpP held a dedicated Spotlight on Services panel discussion uniting service engineers and technology firms to discuss mature production challenges offer smart solutions and new exploration techniques while shedding light on opportunities arising within Angola s emerging energy transition that require the application of specialized technologies and that enable service providers to diversify their activities The session began with a keynote presentation by Miguel Baptista Managing Director for Central East and Southern Africa at Schlumberger now SLB who discussed the company s strategies towards decarbonizing the oil and gas industry in Africa and bringing innovative and cost effect solutions to energizing the continent The oil and gas industry has been it is and will be the engine of growth for the Angolan economy For the past few decades Angola has evolved from a low income country to a medium income country and this evolution has been driven primarily by its oil and gas industry Baptista stated adding While the importance of the oil and gas industry cannot be question in Angola we are living in an exciting and unique time in our country and a pivotal time for our planet as we work on the world s greatest balancing act Moderated by Gon alo Falc o Partner at Meyer Brown speakers included Ian Cloke COO Afentra Ezinne Nnebocha Marketing and Sale Manager SLB Angola Matt Tyrell Chief Geologist DDMS Ida amp Trois Geoconsulting Xcalibur Multiphysics Matthieu Wallach Sales Director and General Manager Southern Africa Welltec Frederic Jacquemin Director for Contracts and Marketing Noble Drilling and David Tony Nwakaji Sales amp Commercial Manager Sub Saharan Africa Tenaris The conversation kicked off with insight provided into the opportunities created for service companies in Angola http bit ly 3sJGHPo The marketplace has changed quite a lot now and as we look forward we can start going towards the mature phases of exploration prospects stated Ian Cloke COO of Afentra adding As I look at it I think the demand for the service industry has to change to mimic what other well established exploration and production countries have been doing Meanwhile speaking on the prospects of taking advantage of mature fields in Angola Matt Tyrell Chief Geologist for DDMS Ida amp Trois Geoconsulting and Xcalibur Multiphysics stated There s always been great optimism about new exploration here in Angola but if you look at where the best success has been that has consistently been in established areas We need to not only think about new frontier bases but exploration in established basins as well As a provider of technologies we have the solutions added Mathieu Wallach Sales Director and General Manager for Southern Africa at Welltec stating that We need to work with the oil companies to find the right solutions that will effectively minimize the effect of cost and carbon emissions It can be by combining technologies and these questions need to notify and discover where to find real value Thereafter the discussion shifted to the role service companies play in driving sustainable oil and gas operations in Angola with emphasis placed on the need to deploy specialized technologies that enable the market to grow in a climate friendly manner We have to set goals and consider how they concretely work in practice we are looking into renewable fuels but towards the long term we need to also consider the logistics aspects stated Frederic Jacquemin Director for Contracts and Marketing at Noble Drilling Additionally speaking about Angola s position as Africa s largest oil producer http bit ly 3y1Mseo David Tony Nwakaji Sales amp Commercial Manager for Sub Saharan Africa at Tenaris stated There are lots of opportunities here It s no secret that Angola seems to be the jewel of Africa in terms of oil and gas investment This is a partnership and collaboration driven industry As the opportunities are bound for the oil and gas industry it also has bounds for the service providers Finally raising points on the opportunities for Angola to leverage modern technology to reduce emissions in the oil and gas sector it was noted during the panel discussion that oil and gas is a requisite for Angola and the rest of Africa to empower itself and participate practically in the energy transition Over the course of these past few days its apparent that the oil and gas industry is an engine for growth in Angola and several African countries stated Ezinne Nnebocha Marketing and Sale Manager at SLB Angola concluding We know the harsh reality of energy access in Africa As an operator and even as a service company we need to be clear about what we re doing We will continue to operate but how can we leverage practices processes and technology in a way that reduces emissions and promotes development
    Opportunities for Service Companies Across Angola’s Exploration & Production (E&P) Market Explored at Angola Oil and Gas (AOG) 2022
    Africa1 day ago

    Opportunities for Service Companies Across Angola’s Exploration & Production (E&P) Market Explored at Angola Oil and Gas (AOG) 2022

    With Angola’s oil and gas industry (https://bit.ly/3AX1Wln) witnessing unprecedented growth owing to implemented regulatory reforms, increasing demand across the regional and global landscape and new discoveries and projects being launched, new opportunities have emerged for service companies in the country.

    As such, Angola’s premier energy event and the biggest to take place in Africa post-COP27 – Angola Oil & Gas (AOG) 2022 (http://bit.ly/3UyBCpP) – held a dedicated Spotlight on Services panel discussion, uniting service, engineers and technology firms to discuss mature production challenges, offer smart solutions and new exploration techniques while shedding light on opportunities arising within Angola’s emerging energy transition that require the application of specialized technologies and that enable service providers to diversify their activitiesThe session began with a keynote presentation by Miguel Baptista, Managing Director for Central, East, and Southern Africa at Schlumberger – now SLB – who discussed the company’s strategies towards decarbonizing the oil and gas industry in Africa and bringing innovative and cost-effect solutions to energizing the continent.

    “The oil and gas industry has been, it is, and will be, the engine of growth for the Angolan economy.

    For the past few decades, Angola has evolved from a low-income country to a medium-income country and this evolution has been driven primarily by its oil and gas industry,” Baptista stated, adding, “While the importance of the oil and gas industry cannot be question in Angola, we are living in an exciting and unique time in our country and a pivotal time for our planet as we work on the world’s greatest balancing act.”Moderated by Gonçalo Falcão, Partner at Meyer Brown, speakers included Ian Cloke, COO, Afentra; Ezinne Nnebocha, Marketing and Sale Manager, SLB Angola; Matt Tyrell, Chief Geologist, DDMS Ida & Trois Geoconsulting, Xcalibur Multiphysics; Matthieu Wallach, Sales Director and General Manager, Southern Africa, Welltec; Frederic Jacquemin, Director for Contracts and Marketing, Noble Drilling and David Tony Nwakaji, Sales & Commercial Manager – Sub Saharan Africa, Tenaris.

    The conversation kicked off with insight provided into the opportunities created for service companies in Angola (http://bit.ly/3sJGHPo).

    “The marketplace has changed quite a lot now and as we look forward; we can start going towards the mature phases of exploration prospects,” stated Ian Cloke, COO of Afentra, adding, “As I look at it, I think the demand for the service industry has to change to mimic what other well-established exploration and production countries have been doing.”Meanwhile, speaking on the prospects of taking advantage of mature fields in Angola, Matt Tyrell, Chief Geologist for DDMS Ida & Trois Geoconsulting and Xcalibur Multiphysics, stated, “There’s always been great optimism about new exploration here in Angola, but if you look at where the best success has been, that has consistently been in established areas.

    We need to not only think about new frontier bases, but exploration in established basins as well.”“As a provider of technologies, we have the solutions,” added Mathieu Wallach, Sales Director and General Manager for Southern Africa at Welltec, stating that, “We need to work with the oil companies to find the right solutions that will effectively minimize the effect of cost and carbon emissions.

    It can be by combining technologies and these questions need to notify and discover where to find real value.”Thereafter, the discussion shifted to the role service companies play in driving sustainable oil and gas operations in Angola, with emphasis placed on the need to deploy specialized technologies that enable the market to grow in a climate-friendly manner.

    “We have to set goals and consider how they concretely work in practice.

    we are looking into renewable fuels, but towards the long-term, we need to also consider the logistics aspects,” stated Frederic Jacquemin, Director for Contracts and Marketing at Noble Drilling.

    Additionally, speaking about Angola’s position as Africa’s largest oil producer (http://bit.ly/3y1Mseo), David Tony Nwakaji, Sales & Commercial Manager for Sub Saharan Africa at Tenaris, stated, “There are lots of opportunities here.

    It’s no secret that Angola seems to be the jewel of Africa in terms of oil and gas investment.

    This is a partnership- and collaboration-driven industry.

    As the opportunities are bound for the oil and gas industry, it also has bounds for the service providers.”Finally, raising points on the opportunities for Angola to leverage modern technology to reduce emissions in the oil and gas sector, it was noted during the panel discussion that oil and gas is a requisite for Angola – and the rest of Africa – to empower itself and participate, practically, in the energy transition.

    “Over the course of these past few days, its apparent that the oil and gas industry is an engine for growth in Angola and several African countries,” stated Ezinne Nnebocha, Marketing and Sale Manager at SLB Angola, concluding, “We know the harsh reality of energy access in Africa.

    As an operator, and even as a service company, we need to be clear about what we’re doing.

    We will continue to operate, but how can we leverage practices, processes, and technology in a way that reduces emissions and promotes development?”

  •   High level stakeholders in Angola s oil and gas https bit ly 3XNdyRu industry united on Wednesday for a Women in Energy luncheon sponsored by Norwegian multinational Equinor during the second day of the Angola Oil amp Gas AOG 2022 conference https bit ly 3VCutEz The event was attended by H E Diamantino Azevedo Angola s Minister of Mineral Resources Petroleum and Gas Sebasti o Gaspar Martins Chairman of the Board of Sonangol Ane Aubert Managing Director of Equinor and Melissa Bond President and General Manager of ExxonMobil Angola among others with opening remarks delivered by Ricardo Gomes Country Manager Support amp Communications for Equinor The event served to recognize and celebrate the contributions of women in the sector as well as highlight the contributions Equinor https bit ly 3Vj2gmh has made to female participation capacity building and advancement in Angola s oil and gas industry Inclusivity and diversity are the foundation of our company stated Gomes Equinor is also the first International Oil Company in Angola to have a woman as its country manager Gender equality diversity and inclusion have been key focal points at AOG 2022 taking place November 29 December 1 with a dedicated Women in Energy panel https bit ly 3ieoO9d unpacking the challenges and opportunities behind female empowerment within the industry earlier in the day
    Equinor Hosts Women in Energy Lunch, Attended by Angola’s Minister of Mineral Resources, Petroleum and Gas; Sonangol
      High level stakeholders in Angola s oil and gas https bit ly 3XNdyRu industry united on Wednesday for a Women in Energy luncheon sponsored by Norwegian multinational Equinor during the second day of the Angola Oil amp Gas AOG 2022 conference https bit ly 3VCutEz The event was attended by H E Diamantino Azevedo Angola s Minister of Mineral Resources Petroleum and Gas Sebasti o Gaspar Martins Chairman of the Board of Sonangol Ane Aubert Managing Director of Equinor and Melissa Bond President and General Manager of ExxonMobil Angola among others with opening remarks delivered by Ricardo Gomes Country Manager Support amp Communications for Equinor The event served to recognize and celebrate the contributions of women in the sector as well as highlight the contributions Equinor https bit ly 3Vj2gmh has made to female participation capacity building and advancement in Angola s oil and gas industry Inclusivity and diversity are the foundation of our company stated Gomes Equinor is also the first International Oil Company in Angola to have a woman as its country manager Gender equality diversity and inclusion have been key focal points at AOG 2022 taking place November 29 December 1 with a dedicated Women in Energy panel https bit ly 3ieoO9d unpacking the challenges and opportunities behind female empowerment within the industry earlier in the day
    Equinor Hosts Women in Energy Lunch, Attended by Angola’s Minister of Mineral Resources, Petroleum and Gas; Sonangol
    Africa1 day ago

    Equinor Hosts Women in Energy Lunch, Attended by Angola’s Minister of Mineral Resources, Petroleum and Gas; Sonangol

    High-level stakeholders in Angola’s oil and gas (https://bit.ly/3XNdyRu) industry united on Wednesday for a Women in Energy luncheon, sponsored by Norwegian multinational Equinor, during the second day of the Angola Oil & Gas (AOG) 2022 conference (https://bit.ly/3VCutEz).

    The event was attended by H.E Diamantino Azevedo, Angola’s Minister of Mineral Resources, Petroleum and Gas; Sebastião Gaspar Martins, Chairman of the Board of Sonangol; Ane Aubert, Managing Director of Equinor and Melissa Bond, President and General Manager of ExxonMobil Angola, among others, with opening remarks delivered by Ricardo Gomes, Country Manager Support & Communications for Equinor. 

    The event served to recognize and celebrate the contributions of women in the sector, as well as highlight the contributions Equinor (https://bit.ly/3Vj2gmh) has made to female participation, capacity building and advancement in Angola’s oil and gas industry. 

     “Inclusivity and diversity are the foundation of our company,” stated Gomes.

    “Equinor is also the first International Oil Company in Angola to have a woman as its country manager.” Gender equality, diversity and inclusion have been key focal points at AOG 2022 – taking place November 29 – December 1 – with a dedicated Women in Energy panel (https://bit.ly/3ieoO9d) unpacking the challenges and opportunities behind female empowerment within the industry earlier in the day.

  •   Committed to developing the country s burgeoning renewables sector by harnessing its vast untapped solar and wind resources and with hydropower already accounting for nearly two thirds of domestic power generation the Angolan government has set a target of ensuring renewable energy https bit ly 3ESBcmT comprises 70 of Angola s energy matrix by 2025 The session opened with a brief presentation by John Humphrey His Majesty s Trade Commissioner for Africa United Kingdom who stated With Angola s vast potential in hydro solar and wind power we see significant opportunities for businesses to support the country s pursuit of human development and energy diversification Angola currently finds itself to be in a strong position in terms of Africa s energy transition Moderated by Malin Anderberg Renewable Energies Officer for the UNDP the Renewable Energy and Hydrogen Roundtable side event held during the Angola Oil amp Gas AOG 2022 Conference and Exhibition https bit ly 3VBN57J in Luanda explored Angola s efforts towards fast tracking its energy transition and the renewable sector s potential to create new sources of employment public private partnerships and progressive industries and featured the participation of Vita Mateso Coordinator for Biofuels Angola s National Agency for Oil Gas and Biofuels ANPG Eden Clayton Country Director for Angola UK Department for International Trade Paulo Guedes Director of Renewable Energy Sonangol and Dr Nuno Gomes Vice President Angolan Renewable Energy Association ASEAR Whenever we are talking about the energy transition of Angola https bit ly 3OL4ust in a generic form perhaps it should be noted that the government could participate more freely in participating and contributing towards the diversification of the country s energy mix stated Vita Mateso Coordinator for Biofuel at the ANPG adding The country should focus both on its fossil fuel and renewable energy potential We can clearly see the efforts being made in order to take advantage of our renewable energy We have the potential in terms of solar and wind and we are seeing feasibility studies being conducted throughout the southern part of the country With the potential to add up to 55 GW of new generation capacity and strengthen its supply network for rural and urban areas The Angolan Government has implemented a series of public private partnerships to enable project financing while opening the market to private sector participation Angola has the potential to be essential towards the global energy transition https bit ly 3Vgm7CK stated Eden Clayton Country Director for the Angola UK Department for International Trade highlighting that We can see that we have renewables competing with other forms of energy in Angola but that energy is also competing with other markets in Angola Therefore we need to secure commercial power agreements that are actually viable Providing an opportunity for increased renewable energy based mini grids for rural consumers a wide range of policies and programs such as the National Program for Rural Electrification of Rural Areas and the 2025 Long Term Strategy have positioned Angola to achieve a rural electrification rate of 60 by 2025 with the country s Ministry of Energy and Water currently in the midst of deploying 30 000 off grid systems with a total capacity of 600 MW How feasible our goal is will depend on financing and politics in terms of how far we want to go in terms of the transition process stated Nuno Gomes Vice President at ASEAR adding We will need more renewable energy than what the oil and gas industry can give us This is a mandatory situation It s not a choice What Angola is doing is we are building a new future for Africa we must do it because this is no longer a transition This is a reality and it is feasibly Meanwhile poised to become a leader in hydrogen development with plans to build a green ammonia factory in the country Angola will become the first supplier of green hydrogen https bit ly 3ub3jc7 to Germany from 2024 The factory which is being constructed in the Port of Barra do Dande in Angola s Bengo Province is expected to produce approximately 280 000 tons of green ammonia for export There are schemes out there that will allow us to use various diverse sources of renewable energy Particularly green hydrogen stated Paul Guedes Renewable Energy Director at Sonangol adding that In terms of the objectives sooner or later we are going to get the whole matrix based on renewable energies by focusing on Angola s strongest assets
    Angola Oil & Gas (AOG) 2022 Shines Spotlight on Angola’s Renewables Sector
      Committed to developing the country s burgeoning renewables sector by harnessing its vast untapped solar and wind resources and with hydropower already accounting for nearly two thirds of domestic power generation the Angolan government has set a target of ensuring renewable energy https bit ly 3ESBcmT comprises 70 of Angola s energy matrix by 2025 The session opened with a brief presentation by John Humphrey His Majesty s Trade Commissioner for Africa United Kingdom who stated With Angola s vast potential in hydro solar and wind power we see significant opportunities for businesses to support the country s pursuit of human development and energy diversification Angola currently finds itself to be in a strong position in terms of Africa s energy transition Moderated by Malin Anderberg Renewable Energies Officer for the UNDP the Renewable Energy and Hydrogen Roundtable side event held during the Angola Oil amp Gas AOG 2022 Conference and Exhibition https bit ly 3VBN57J in Luanda explored Angola s efforts towards fast tracking its energy transition and the renewable sector s potential to create new sources of employment public private partnerships and progressive industries and featured the participation of Vita Mateso Coordinator for Biofuels Angola s National Agency for Oil Gas and Biofuels ANPG Eden Clayton Country Director for Angola UK Department for International Trade Paulo Guedes Director of Renewable Energy Sonangol and Dr Nuno Gomes Vice President Angolan Renewable Energy Association ASEAR Whenever we are talking about the energy transition of Angola https bit ly 3OL4ust in a generic form perhaps it should be noted that the government could participate more freely in participating and contributing towards the diversification of the country s energy mix stated Vita Mateso Coordinator for Biofuel at the ANPG adding The country should focus both on its fossil fuel and renewable energy potential We can clearly see the efforts being made in order to take advantage of our renewable energy We have the potential in terms of solar and wind and we are seeing feasibility studies being conducted throughout the southern part of the country With the potential to add up to 55 GW of new generation capacity and strengthen its supply network for rural and urban areas The Angolan Government has implemented a series of public private partnerships to enable project financing while opening the market to private sector participation Angola has the potential to be essential towards the global energy transition https bit ly 3Vgm7CK stated Eden Clayton Country Director for the Angola UK Department for International Trade highlighting that We can see that we have renewables competing with other forms of energy in Angola but that energy is also competing with other markets in Angola Therefore we need to secure commercial power agreements that are actually viable Providing an opportunity for increased renewable energy based mini grids for rural consumers a wide range of policies and programs such as the National Program for Rural Electrification of Rural Areas and the 2025 Long Term Strategy have positioned Angola to achieve a rural electrification rate of 60 by 2025 with the country s Ministry of Energy and Water currently in the midst of deploying 30 000 off grid systems with a total capacity of 600 MW How feasible our goal is will depend on financing and politics in terms of how far we want to go in terms of the transition process stated Nuno Gomes Vice President at ASEAR adding We will need more renewable energy than what the oil and gas industry can give us This is a mandatory situation It s not a choice What Angola is doing is we are building a new future for Africa we must do it because this is no longer a transition This is a reality and it is feasibly Meanwhile poised to become a leader in hydrogen development with plans to build a green ammonia factory in the country Angola will become the first supplier of green hydrogen https bit ly 3ub3jc7 to Germany from 2024 The factory which is being constructed in the Port of Barra do Dande in Angola s Bengo Province is expected to produce approximately 280 000 tons of green ammonia for export There are schemes out there that will allow us to use various diverse sources of renewable energy Particularly green hydrogen stated Paul Guedes Renewable Energy Director at Sonangol adding that In terms of the objectives sooner or later we are going to get the whole matrix based on renewable energies by focusing on Angola s strongest assets
    Angola Oil & Gas (AOG) 2022 Shines Spotlight on Angola’s Renewables Sector
    Africa1 day ago

    Angola Oil & Gas (AOG) 2022 Shines Spotlight on Angola’s Renewables Sector

    Committed to developing the country’s burgeoning renewables sector by harnessing its vast untapped solar and wind resources, and with hydropower already accounting for nearly two-thirds of domestic power generation, the Angolan government has set a target of ensuring renewable energy (https://bit.ly/3ESBcmT) comprises 70% of Angola’s energy matrix by 2025.

    The session opened with a brief presentation by John Humphrey, His Majesty’s Trade Commissioner for Africa, United Kingdom, who stated, “With Angola’s vast potential in hydro, solar, and wind power, we see significant opportunities for businesses to support the country’s pursuit of human development and energy diversification.

    Angola currently finds itself to be in a strong position in terms of Africa’s energy transition.”Moderated by Malin Anderberg, Renewable Energies Officer for the UNDP, the Renewable Energy and Hydrogen Roundtable side-event, held during the Angola Oil & Gas (AOG) 2022 Conference and Exhibition (https://bit.ly/3VBN57J) in Luanda explored Angola’s efforts towards fast-tracking its energy transition and the renewable sector’s potential to create new sources of employment, public-private partnerships and progressive industries and featured the participation of Vita Mateso, Coordinator for Biofuels, Angola’s National Agency for Oil, Gas and Biofuels (ANPG); Eden Clayton, Country Director for Angola-UK Department for International Trade; Paulo Guedes, Director of Renewable Energy, Sonangol; and Dr. Nuno Gomes, Vice President, Angolan Renewable Energy Association (ASEAR).

    “Whenever we are talking about the energy transition of Angola (https://bit.ly/3OL4ust) in a generic form, perhaps it should be noted that the government could participate more freely in participating and contributing towards the diversification of the country’s energy mix,” stated Vita Mateso, Coordinator for Biofuel at the ANPG, adding, “The country should focus both on its fossil fuel and renewable energy potential.

    We can clearly see the efforts being made in order to take advantage of our renewable energy.

    We have the potential in terms of solar and wind and we are seeing feasibility studies being conducted throughout the southern part of the country.”With the potential to add up to 55 GW of new generation capacity and strengthen its supply network for rural and urban areas, The Angolan Government has implemented a series of public-private partnerships to enable project financing while opening the market to private sector participation.

    “Angola has the potential to be essential towards the global energy transition (https://bit.ly/3Vgm7CK),” stated Eden Clayton, Country Director for the Angola-UK Department for International Trade, highlighting that, “We can see that we have renewables competing with other forms of energy in Angola, but that energy is also competing with other markets in Angola.

    Therefore, we need to secure commercial power agreements that are actually viable.”Providing an opportunity for increased renewable energy-based mini-grids for rural consumers, a wide range of policies and programs, such as the National Program for Rural Electrification of Rural Areas and the 2025 Long Term Strategy have positioned Angola to achieve a rural electrification rate of 60% by 2025, with the country’s Ministry of Energy and Water currently in the midst of deploying 30,000 off-grid systems with a total capacity of 600 MW.

    “How feasible our goal is will depend on financing and politics in terms of how far we want to go in terms of the transition process,” stated Nuno Gomes, Vice-President at ASEAR, adding, “We will need more renewable energy than what the oil and gas industry can give us.

    This is a mandatory situation.

    It’s not a choice.

    What Angola is doing is we are building a new future for Africa.

    we must do it because this is no longer a transition.

    This is a reality, and it is feasibly.”Meanwhile, poised to become a leader in hydrogen development, with plans to build a green ammonia factory in the country, Angola will become the first supplier of green hydrogen (https://bit.ly/3ub3jc7) to Germany from 2024.

    The factory, which is being constructed in the Port of Barra do Dande in Angola’s Bengo Province, is expected to produce approximately 280,000 tons of green ammonia for export.

    “There are schemes out there that will allow us to use various, diverse sources of renewable energy.

    Particularly green hydrogen,” stated Paul Guedes, Renewable Energy Director at Sonangol, adding that, “In terms of the objectives, sooner or later, we are going to get the whole matrix based on renewable energies by focusing on Angola’s strongest assets.”

  •   Key stakeholders from Angola and Namibia evaluated the current role and future potential of Africa s national oil companies NOCs during a strategic panel on the second day of Angola Oil amp Gas AOG 2022 http bit ly 3UyBCpP as NOCs take concrete steps across the continent to increase efficiencies cut costs boost profitability and transform into competitive agile and integrated energy companies Moderated by Manuel Mota Partner Assurance EY the panel comprised Patricio Vilar Chairman of the Board of Directors IGAPE Baltazar Miguel Executive Board Member Sonangol and E P Immanuel Mulunga Managing Director NAMCOR One of the most important reforms in Angola s oil and gas http bit ly 3AX1Wln sector has been the Regeneration Program of national oil company Sonangol which refocused its activities on the primary E amp P value chain and repositioned the NOC to serve as a competitor to international operators Concluding its final phase in June 2021 the program has achieved several key successes including raising its operating revenue year on year completing new seismic acquisition and launching several refining and storage projects with its comprehensive restructuring serving as a model for other African NOCs Within this process of restructuring the sector we had a vision that Sonangol http bit ly 3H1TmW6 should focus on its core activities and improve its performance The assets that were not core we put aside said Miguel We have opened privatization up to 30 evolving to IPO This process has started We have launched an international tender where over 17 foreign institutions participated Our national oil company was not a parastatal it was a state within another state noted Vilar We have already privatized 84 state owned companies Out of 60 industry units we have practically privatized them all The panel identified how NOCs can assess market readiness for privatization and how they can better compete with international operators in the free market How ready is Sonangol for an IPO The practices of organizations listed on stock exchanges and the gaps that Sonangol has in its own practices have been identified and a roadmap for the implementation of processes has been defined We are currently starting this implementation added Miguel For many African oil and gas producing countries NOCs serve as the bridge between private and public sector interests and account for the lion s share of government revenues However African state oil firms continue to face financial constraints often subsidizing government budgets and require enhanced access to financing to catalyze their growth Now that we have finally made discoveries and looked to find producing assets outside of Namibia http bit ly 3VGCXuy we have to go back to our roots and focus on our upstream We are talking to Afreximbank and other financial institutions to make sure we have the necessary capital required for investments in the upstream space said Mulunga Traditionally our revenue and asset base has been very small but thanks to the discoveries and producing assets we are going after there is an appetite to invest in Namibia The panel concluded by exploring the future contributions of African NOCs in the sector and their leading role in nation building and economic diversification In view of the global energy transition underway panelists discussed how African NOCs can build more diversified and sustainable energy portfolios We re already producing 150 MW of clean energy said Miguel We have been engaged in green hydrogen http bit ly 3EOYavo production with two companies We have a carbon project that has been coordinated with a local NGO We have several other initiatives that we have been able to implement within the energy transition The global banking system is requiring that we show via our projects what precisely Sonangol is doing on decarbonization and environmental protection If we don t have a strong narrative on what we will do then we won t get financing stated Vilar Let us not abandon what sustains us Let us continue maximizing what we have while minimizing the ecological impact That should be our concern
    Angola Oil and Gas (AOG) 2022 Unpacks How to Privatize and Finance Growth for Africa’s National Oil Companies (NOCs)
      Key stakeholders from Angola and Namibia evaluated the current role and future potential of Africa s national oil companies NOCs during a strategic panel on the second day of Angola Oil amp Gas AOG 2022 http bit ly 3UyBCpP as NOCs take concrete steps across the continent to increase efficiencies cut costs boost profitability and transform into competitive agile and integrated energy companies Moderated by Manuel Mota Partner Assurance EY the panel comprised Patricio Vilar Chairman of the Board of Directors IGAPE Baltazar Miguel Executive Board Member Sonangol and E P Immanuel Mulunga Managing Director NAMCOR One of the most important reforms in Angola s oil and gas http bit ly 3AX1Wln sector has been the Regeneration Program of national oil company Sonangol which refocused its activities on the primary E amp P value chain and repositioned the NOC to serve as a competitor to international operators Concluding its final phase in June 2021 the program has achieved several key successes including raising its operating revenue year on year completing new seismic acquisition and launching several refining and storage projects with its comprehensive restructuring serving as a model for other African NOCs Within this process of restructuring the sector we had a vision that Sonangol http bit ly 3H1TmW6 should focus on its core activities and improve its performance The assets that were not core we put aside said Miguel We have opened privatization up to 30 evolving to IPO This process has started We have launched an international tender where over 17 foreign institutions participated Our national oil company was not a parastatal it was a state within another state noted Vilar We have already privatized 84 state owned companies Out of 60 industry units we have practically privatized them all The panel identified how NOCs can assess market readiness for privatization and how they can better compete with international operators in the free market How ready is Sonangol for an IPO The practices of organizations listed on stock exchanges and the gaps that Sonangol has in its own practices have been identified and a roadmap for the implementation of processes has been defined We are currently starting this implementation added Miguel For many African oil and gas producing countries NOCs serve as the bridge between private and public sector interests and account for the lion s share of government revenues However African state oil firms continue to face financial constraints often subsidizing government budgets and require enhanced access to financing to catalyze their growth Now that we have finally made discoveries and looked to find producing assets outside of Namibia http bit ly 3VGCXuy we have to go back to our roots and focus on our upstream We are talking to Afreximbank and other financial institutions to make sure we have the necessary capital required for investments in the upstream space said Mulunga Traditionally our revenue and asset base has been very small but thanks to the discoveries and producing assets we are going after there is an appetite to invest in Namibia The panel concluded by exploring the future contributions of African NOCs in the sector and their leading role in nation building and economic diversification In view of the global energy transition underway panelists discussed how African NOCs can build more diversified and sustainable energy portfolios We re already producing 150 MW of clean energy said Miguel We have been engaged in green hydrogen http bit ly 3EOYavo production with two companies We have a carbon project that has been coordinated with a local NGO We have several other initiatives that we have been able to implement within the energy transition The global banking system is requiring that we show via our projects what precisely Sonangol is doing on decarbonization and environmental protection If we don t have a strong narrative on what we will do then we won t get financing stated Vilar Let us not abandon what sustains us Let us continue maximizing what we have while minimizing the ecological impact That should be our concern
    Angola Oil and Gas (AOG) 2022 Unpacks How to Privatize and Finance Growth for Africa’s National Oil Companies (NOCs)
    Africa1 day ago

    Angola Oil and Gas (AOG) 2022 Unpacks How to Privatize and Finance Growth for Africa’s National Oil Companies (NOCs)

    Key stakeholders from Angola and Namibia evaluated the current role and future potential of Africa’s national oil companies (NOCs) during a strategic panel on the second day of Angola Oil & Gas (AOG) 2022 (http://bit.ly/3UyBCpP), as NOCs take concrete steps across the continent to increase efficiencies, cut costs, boost profitability, and transform into competitive, agile, and integrated energy companies.

    Moderated by Manuel Mota, Partner – Assurance, EY, the panel comprised Patricio Vilar, Chairman of the Board of Directors, IGAPE; Baltazar Miguel, Executive Board Member, Sonangol; and E.P. Immanuel Mulunga, Managing Director, NAMCOR.

    One of the most important reforms in Angola’s oil and gas (http://bit.ly/3AX1Wln) sector has been the Regeneration Program of national oil company Sonangol, which refocused its activities on the primary E&P value chain and repositioned the NOC to serve as a competitor to international operators.

    Concluding its final phase in June 2021, the program has achieved several key successes – including raising its operating revenue year-on-year, completing new seismic acquisition, and launching several refining and storage projects – with its comprehensive restructuring serving as a model for other African NOCs.“Within this process of restructuring the sector, we had a vision that Sonangol (http://bit.ly/3H1TmW6) should focus on its core activities and improve its performance.

    The assets that were not core, we put aside,” said Miguel.

    “We have opened privatization up to 30%, evolving to IPO.

    This process has started.

    We have launched an international tender where over 17 foreign institutions participated.”“Our national oil company was not a parastatal – it was a state within another state,” noted Vilar.

    “We have already privatized 84 state-owned companies.

    Out of 60 industry units, we have practically privatized them all.”The panel identified how NOCs can assess market readiness for privatization and how they can better compete with international operators in the free market.

    “How ready is Sonangol for an IPO?

    The practices of organizations listed on stock exchanges and the gaps that Sonangol has in its own practices have been identified, and a roadmap for the implementation of processes has been defined.

    We are currently starting this implementation,” added Miguel.

    For many African oil- and gas-producing countries, NOCs serve as the bridge between private and public sector interests and account for the lion’s share of government revenues.

    However, African state oil firms continue to face financial constraints – often subsidizing government budgets – and require enhanced access to financing to catalyze their growth. 

    “Now that we have finally made discoveries and looked to find producing assets outside of Namibia (http://bit.ly/3VGCXuy), we have to go back to our roots and focus on our upstream.

    We are talking to Afreximbank and other financial institutions to make sure we have the necessary capital required for investments in the upstream space,” said Mulunga.

    “Traditionally, our revenue and asset base has been very small, but thanks to the discoveries and producing assets we are going after, there is an appetite to invest in Namibia.” The panel concluded by exploring the future contributions of African NOCs in the sector and their leading role in nation-building and economic diversification.

    In view of the global energy transition underway, panelists discussed how African NOCs can build more diversified and sustainable energy portfolios.

    “We’re already producing 150 MW of clean energy,” said Miguel.

    “We have been engaged in green hydrogen (http://bit.ly/3EOYavo) production with two companies.

    We have a carbon project that has been coordinated with a local NGO.

    We have several other initiatives that we have been able to implement within the energy transition.

    The global banking system is requiring that we show via our projects what precisely Sonangol is doing on decarbonization and environmental protection.”“If we don’t have a strong narrative on what we will do, then we won’t get financing,” stated Vilar.

    “Let us not abandon what sustains us.

    Let us continue maximizing what we have, while minimizing the ecological impact.

    That should be our concern.”

  •   Opening the second day of the Angola Oil amp Gas AOG 2022 Conference and Exhibition https bit ly 3Fb5wuz a panel discussion that focused on the role of women in Africa s energy industry featured a strong lineup of speakers who discussed the challenges and opportunities that women face in the industry highlighting how improving a diverse landscape will serve to promote inclusiveness and bring a new voice to Africa s energy sector Moderated by Natacha Massano Executive Board Member for Angola s National Oil Gas and Biofuels Agency ANPG the session featured a panel discussion that included K tia Epalanga Executive Board Member Sonangol Dr Maggy Shino Mines Commissioner Republic of Namibia T nia Almeida Secretary General TotalEnergies E amp P Angola Andreia Prata e Queiroz ExxonMobil Planning Manager and Women Interest Network Chairperson Lwena Sebastiao General Manager Corporate Affairs Chevron Angola and Ana Ferreira Human Resources Director Azule Energy as speakers We clearly need to give a voice to women in energy started Natacha Massano Executive Board Member for the ANPG adding that We need to challenge ourselves so that other women may look at us and feel that they might be able to overcome the challenges that other women have faced Highlighting the role of women working in Africa s energy sector https bit ly 3H1nLDZ the panelists discussed the important trends in energy and the challenges of breaking through the glass ceiling and how to deal with issues surrounding diversity and equal opportunities First of all we try finding ways of attracting more female talent into our industry We need to promote inclusion and diversity and women have to be able to look at their leaders in order to assess and become inspired by their performance their behavior and our leadership needs must be able to reflect a strong sense of diversity stated Lwena Sebastiao General Manager for Corporate Affairs at Chevron Angola https bit ly 3GXy1Nz With the energy sector comprising one of the most unequal sectors globally and female participation remaining considerably low the panel session sought to highlight solutions towards enhancing inclusivity and ensuring women are actively involved in Africa s energy transformation Our objective is to promote the professional and personal development of women in Angola stated Andreia Prata de Queiroz ExxonMobil https bit ly 3VCFN3t Planning Manager and Women Interest Network Chairperson adding We believe that if we work together we can move forward We have been organizing events that can help women to develop and share their experiences mechanisms and benefits for women so that they can develop and also to ensure that they see that women are able to progress within the industry We have to create conditions so that women not only excel and grow but retain their positions in the energy industry and receive support from the topmost levels added K tia Epalanga Executive Board Member for Sonangol https bit ly 3AYQB45 In addition to identifying root causes regarding education and barriers to entry the need to support and create the opportunity for women pursuing the various field within Africa s energy industry My presence here already speaks volumes as to what women in Namibia can do stated Dr Maggy Shino Mines Commissioner for the Republic of Namibia adding We have about six directorates and only two of them are led by men demonstrating our country s commitment towards empowering women We do not see ourselves as subordinate we do not see ourselves as equal to men We see ourselves as capable through our own nature of bringing a unique perspective and sense of expertise to the workplace Meanwhile with regards to how women in energy might benefit local communities in Africa T nia Almeida Secretary General for TotalEnergies https bit ly 3ESuDB7 E amp P Angola stated Our collective responsibility is to see that female empowerment should also benefit the community So far we are aware that diversification makes a difference added Ana Ferreira Human Resources Director at Azule Energy concluding that More diversification will result in more opportunities for more people thus tackling and solving the challenges of communities throughout Africa and the world The value of a supportive workplace culture was reinforced by closing remarks by Melissa Bond President and General Manager for ExxonMobil Angola and Chairperson for the Association of Exploration and Production Companies in Angola stating Diversity is good for business Equality benefits communities We ve got to give women the opportunities and we ve got to create the conditions to allow women to become successful Women have a critical role to play in advancing Africa s oil and gas https bit ly 3XDps0p industry by fostering increased inclusivity across every level and within the entire energy value chain Africa s development can not only be ensured but accelerated By addressing issues of inclusivity inequality and barriers to entry Africa can realize its development goals
    Angola Oil & Gas (AOG) 2022 Highlights the Importance of Women in Africa’s Energy Sector
      Opening the second day of the Angola Oil amp Gas AOG 2022 Conference and Exhibition https bit ly 3Fb5wuz a panel discussion that focused on the role of women in Africa s energy industry featured a strong lineup of speakers who discussed the challenges and opportunities that women face in the industry highlighting how improving a diverse landscape will serve to promote inclusiveness and bring a new voice to Africa s energy sector Moderated by Natacha Massano Executive Board Member for Angola s National Oil Gas and Biofuels Agency ANPG the session featured a panel discussion that included K tia Epalanga Executive Board Member Sonangol Dr Maggy Shino Mines Commissioner Republic of Namibia T nia Almeida Secretary General TotalEnergies E amp P Angola Andreia Prata e Queiroz ExxonMobil Planning Manager and Women Interest Network Chairperson Lwena Sebastiao General Manager Corporate Affairs Chevron Angola and Ana Ferreira Human Resources Director Azule Energy as speakers We clearly need to give a voice to women in energy started Natacha Massano Executive Board Member for the ANPG adding that We need to challenge ourselves so that other women may look at us and feel that they might be able to overcome the challenges that other women have faced Highlighting the role of women working in Africa s energy sector https bit ly 3H1nLDZ the panelists discussed the important trends in energy and the challenges of breaking through the glass ceiling and how to deal with issues surrounding diversity and equal opportunities First of all we try finding ways of attracting more female talent into our industry We need to promote inclusion and diversity and women have to be able to look at their leaders in order to assess and become inspired by their performance their behavior and our leadership needs must be able to reflect a strong sense of diversity stated Lwena Sebastiao General Manager for Corporate Affairs at Chevron Angola https bit ly 3GXy1Nz With the energy sector comprising one of the most unequal sectors globally and female participation remaining considerably low the panel session sought to highlight solutions towards enhancing inclusivity and ensuring women are actively involved in Africa s energy transformation Our objective is to promote the professional and personal development of women in Angola stated Andreia Prata de Queiroz ExxonMobil https bit ly 3VCFN3t Planning Manager and Women Interest Network Chairperson adding We believe that if we work together we can move forward We have been organizing events that can help women to develop and share their experiences mechanisms and benefits for women so that they can develop and also to ensure that they see that women are able to progress within the industry We have to create conditions so that women not only excel and grow but retain their positions in the energy industry and receive support from the topmost levels added K tia Epalanga Executive Board Member for Sonangol https bit ly 3AYQB45 In addition to identifying root causes regarding education and barriers to entry the need to support and create the opportunity for women pursuing the various field within Africa s energy industry My presence here already speaks volumes as to what women in Namibia can do stated Dr Maggy Shino Mines Commissioner for the Republic of Namibia adding We have about six directorates and only two of them are led by men demonstrating our country s commitment towards empowering women We do not see ourselves as subordinate we do not see ourselves as equal to men We see ourselves as capable through our own nature of bringing a unique perspective and sense of expertise to the workplace Meanwhile with regards to how women in energy might benefit local communities in Africa T nia Almeida Secretary General for TotalEnergies https bit ly 3ESuDB7 E amp P Angola stated Our collective responsibility is to see that female empowerment should also benefit the community So far we are aware that diversification makes a difference added Ana Ferreira Human Resources Director at Azule Energy concluding that More diversification will result in more opportunities for more people thus tackling and solving the challenges of communities throughout Africa and the world The value of a supportive workplace culture was reinforced by closing remarks by Melissa Bond President and General Manager for ExxonMobil Angola and Chairperson for the Association of Exploration and Production Companies in Angola stating Diversity is good for business Equality benefits communities We ve got to give women the opportunities and we ve got to create the conditions to allow women to become successful Women have a critical role to play in advancing Africa s oil and gas https bit ly 3XDps0p industry by fostering increased inclusivity across every level and within the entire energy value chain Africa s development can not only be ensured but accelerated By addressing issues of inclusivity inequality and barriers to entry Africa can realize its development goals
    Angola Oil & Gas (AOG) 2022 Highlights the Importance of Women in Africa’s Energy Sector
    Africa1 day ago

    Angola Oil & Gas (AOG) 2022 Highlights the Importance of Women in Africa’s Energy Sector

    Opening the second day of the Angola Oil & Gas (AOG) 2022 Conference and Exhibition (https://bit.ly/3Fb5wuz), a panel discussion that focused on the role of women in Africa’s energy industry featured a strong lineup of speakers who discussed the challenges and opportunities that women face in the industry, highlighting how improving a diverse landscape will serve to promote inclusiveness and bring a new voice to Africa’s energy sector.

    Moderated by Natacha Massano, Executive Board Member for Angola’s National Oil, Gas and Biofuels Agency (ANPG), the session featured a panel discussion that included Kátia Epalanga, Executive Board Member, Sonangol; Dr. Maggy Shino, Mines Commissioner, Republic of Namibia; Tãnia Almeida, Secretary General, TotalEnergies E&P Angola; Andreia Prata e Queiroz, ExxonMobil Planning Manager and Women Interest Network Chairperson; Lwena Sebastiao, General Manager Corporate Affairs, Chevron Angola; and Ana Ferreira, Human Resources Director, Azule Energy as speakers“We clearly need to give a voice to women in energy,” started Natacha Massano, Executive Board Member for the ANPG, adding that, “We need to challenge ourselves so that other women may look at us and feel that they might be able to overcome the challenges that other women have faced.”Highlighting the role of women working in Africa’s energy sector (https://bit.ly/3H1nLDZ), the panelists discussed the important trends in energy and the challenges of breaking through the glass ceiling and how to deal with issues surrounding diversity and equal opportunities.

    “First of all, we try finding ways of attracting more female talent into our industry.

    We need to promote inclusion and diversity and women have to be able to look at their leaders in order to assess, and become inspired by, their performance, their behavior, and our leadership needs must be able to reflect a strong sense of diversity,” stated Lwena Sebastiao, General Manager for Corporate Affairs at Chevron Angola (https://bit.ly/3GXy1Nz).

    With the energy sector comprising one of the most unequal sectors globally, and female participation remaining considerably low, the panel session sought to highlight solutions towards enhancing inclusivity and ensuring women are actively involved in Africa’s energy transformation.

    “Our objective is to promote the professional and personal development of women in Angola,” stated Andreia Prata de Queiroz, ExxonMobil (https://bit.ly/3VCFN3t) Planning Manager and Women Interest Network Chairperson, adding, “We believe that if we work together, we can move forward.

    We have been organizing events that can help women to develop and share their experiences, mechanisms, and benefits for women so that they can develop, and also to ensure that they see that women are able to progress within the industry.”“We have to create conditions so that women, not only excel and grow, but retain their positions in the energy industry, and receive support from the topmost levels,” added Kátia Epalanga, Executive Board Member for Sonangol (https://bit.ly/3AYQB45).

    In addition to identifying root causes regarding education and barriers to entry, the need to support and create the opportunity for women pursuing the various field within Africa’s energy industry.

    “My presence here already speaks volumes as to what women in Namibia can do,” stated Dr. Maggy Shino, Mines Commissioner for the Republic of Namibia, adding, “We have about six directorates and only two of them are led by men, demonstrating our country’s commitment towards empowering women.

    We do not see ourselves as subordinate, we do not see ourselves as equal to men.

    We see ourselves as capable through our own nature – of bringing a unique perspective and sense of expertise to the workplace.”Meanwhile, with regards to how women in energy might benefit local communities in Africa, Tãnia Almeida, Secretary General for TotalEnergies (https://bit.ly/3ESuDB7) E&P Angola, stated, “Our collective responsibility is to see that female empowerment should also benefit the community.”“So far, we are aware that diversification makes a difference,” added Ana Ferreira, Human Resources Director at Azule Energy, concluding that, “More diversification will result in more opportunities for more people, thus tackling and solving the challenges of communities throughout Africa and the world.”The value of a supportive workplace culture was reinforced by closing remarks by Melissa Bond, President and General Manager for ExxonMobil Angola and Chairperson for the Association of Exploration and Production Companies in Angola, stating, “Diversity is good for business.

    Equality benefits communities.

    We’ve got to give women the opportunities and we’ve got to create the conditions to allow women to become successful.”Women have a critical role to play in advancing Africa’s oil and gas (https://bit.ly/3XDps0p) industry.

    by fostering increased inclusivity across every level and within the entire energy value chain, Africa’s development can not only be ensured, but accelerated.

    By addressing issues of inclusivity, inequality, and barriers to entry, Africa can realize its development goals.

  •   Angola s National Agency for Oil Gas and Biofuels ANPG and Sierra Leone s Petroleum Directorate signed a historic cooperation agreement at the Angola Oil amp Gas AOG 2022 Conference amp Exhibition http bit ly 3UyBCpP in Luanda on Tuesday with a view to establishing a shared commitment to promoting and intensifying collaboration across the oil and gas sector The MoU was signed by Paulino Jer nimo President of the ANPG and Foday Mansaray Director General of Sierra Leone s Petroleum Directorate The Memorandum of Understanding serves to outline opportunities for bilateral trade and investment position oil and gas cooperation as mutually beneficial economically technologically socially and environmentally for both countries and reaffirm stronger economic cultural and social ties between Angola and Sierra Leone As the largest oil producer http bit ly 3y1Mseo on the African continent Angola has been on a path of fostering pan African energy diplomacy executing diplomatic visits to and signing a series of cooperation agreements with new and existing hydrocarbon producers across the region These agreements have targeted policy alignment knowledge sharing and enhanced trade and investment across energy and non energy sectors like The MoU signed today signals new opportunities for bilateral cooperation across the trade energy and economic sectors between Angola and Sierra Leone We are proud to collaborate with the Petroleum Directorate and are excited for what lies ahead for both nations With this agreement we can enhance the very industries that will drive Africa into a new era of economic progress stated Jer nimo Sierra Leone http bit ly 3EOMlXh for its part is seeking to advance in its nascent oil and gas sector having launched a licensing round last May offering over 63 000 square kilometers of highly prospective acreage The West African country is home to a working petroleum system that was supported by small scale oil and gas discoveries before exploration was put on pause around 2015 2016 This partnership with Angola is of uttermost importance as it creates and broadens opportunities for Sierra Leone to significantly expand its burgeoning oil and gas industry on the back of cooperation and regional trade With recent discoveries in the country laying the foundation for robust sectoral growth Sierra Leone is optimistic that it can create a competitive energy market and this agreement serves to only enhance this agenda stated Mansaray One of the key components of the AOG 2022 http bit ly 3UZLFUs agenda which continues through Thursday as Angola s premier energy event and investment platform is exploring and advancing opportunities for regional synergies as the country confronts a national mandate to diversify its economy process more of its raw materials in country and increase trade with its neighbors
    Angola, Sierra Leone Sign Cooperation Agreement at Angola Oil & Gas (AOG) 2022
      Angola s National Agency for Oil Gas and Biofuels ANPG and Sierra Leone s Petroleum Directorate signed a historic cooperation agreement at the Angola Oil amp Gas AOG 2022 Conference amp Exhibition http bit ly 3UyBCpP in Luanda on Tuesday with a view to establishing a shared commitment to promoting and intensifying collaboration across the oil and gas sector The MoU was signed by Paulino Jer nimo President of the ANPG and Foday Mansaray Director General of Sierra Leone s Petroleum Directorate The Memorandum of Understanding serves to outline opportunities for bilateral trade and investment position oil and gas cooperation as mutually beneficial economically technologically socially and environmentally for both countries and reaffirm stronger economic cultural and social ties between Angola and Sierra Leone As the largest oil producer http bit ly 3y1Mseo on the African continent Angola has been on a path of fostering pan African energy diplomacy executing diplomatic visits to and signing a series of cooperation agreements with new and existing hydrocarbon producers across the region These agreements have targeted policy alignment knowledge sharing and enhanced trade and investment across energy and non energy sectors like The MoU signed today signals new opportunities for bilateral cooperation across the trade energy and economic sectors between Angola and Sierra Leone We are proud to collaborate with the Petroleum Directorate and are excited for what lies ahead for both nations With this agreement we can enhance the very industries that will drive Africa into a new era of economic progress stated Jer nimo Sierra Leone http bit ly 3EOMlXh for its part is seeking to advance in its nascent oil and gas sector having launched a licensing round last May offering over 63 000 square kilometers of highly prospective acreage The West African country is home to a working petroleum system that was supported by small scale oil and gas discoveries before exploration was put on pause around 2015 2016 This partnership with Angola is of uttermost importance as it creates and broadens opportunities for Sierra Leone to significantly expand its burgeoning oil and gas industry on the back of cooperation and regional trade With recent discoveries in the country laying the foundation for robust sectoral growth Sierra Leone is optimistic that it can create a competitive energy market and this agreement serves to only enhance this agenda stated Mansaray One of the key components of the AOG 2022 http bit ly 3UZLFUs agenda which continues through Thursday as Angola s premier energy event and investment platform is exploring and advancing opportunities for regional synergies as the country confronts a national mandate to diversify its economy process more of its raw materials in country and increase trade with its neighbors
    Angola, Sierra Leone Sign Cooperation Agreement at Angola Oil & Gas (AOG) 2022
    Africa1 day ago

    Angola, Sierra Leone Sign Cooperation Agreement at Angola Oil & Gas (AOG) 2022

    Angola’s National Agency for Oil, Gas and Biofuels (ANPG) and Sierra Leone’s Petroleum Directorate signed a historic cooperation agreement at the Angola Oil & Gas (AOG) 2022 Conference & Exhibition (http://bit.ly/3UyBCpP) in Luanda on Tuesday, with a view to establishing a shared commitment to promoting and intensifying collaboration across the oil and gas sector.

    The MoU was signed by Paulino Jerónimo, President of the ANPG, and Foday Mansaray, Director General of Sierra Leone’s Petroleum Directorate.

    The Memorandum of Understanding serves to outline opportunities for bilateral trade and investment; position oil and gas cooperation as mutually beneficial economically, technologically, socially and environmentally for both countries; and reaffirm stronger economic, cultural and social ties between Angola and Sierra Leone.

    As the largest oil producer (http://bit.ly/3y1Mseo) on the African continent, Angola has been on a path of fostering pan-African energy diplomacy, executing diplomatic visits to and signing a series of cooperation agreements with new and existing hydrocarbon producers across the region.

    These agreements have targeted policy alignment, knowledge sharing and enhanced trade and investment across energy and non-energy sectors like.

    “The MoU signed today signals new opportunities for bilateral cooperation across the trade, energy and economic sectors between Angola and Sierra Leone.

    We are proud to collaborate with the Petroleum Directorate and are excited for what lies ahead for both nations.

    With this agreement, we can enhance the very industries that will drive Africa into a new era of economic progress,” stated Jerónimo.

    Sierra Leone (http://bit.ly/3EOMlXh) , for its part, is seeking to advance in its nascent oil and gas sector, having launched a licensing round last May, offering over 63,000 square kilometers of highly prospective acreage.

    The West African country is home to a working petroleum system that was supported by small-scale oil and gas discoveries, before exploration was put on pause around 2015/2016.

    “This partnership with Angola is of uttermost importance as it creates and broadens opportunities for Sierra Leone to significantly expand its burgeoning oil and gas industry on the back of cooperation and regional trade.

    With recent discoveries in the country laying the foundation for robust sectoral growth, Sierra Leone is optimistic that it can create a competitive energy market, and this agreement serves to only enhance this agenda,” stated Mansaray.

    One of the key components of the AOG 2022 (http://bit.ly/3UZLFUs) agenda – which continues through Thursday as Angola’s premier energy event and investment platform –  is exploring and advancing opportunities for regional synergies, as the country confronts a national mandate to diversify its economy, process more of its raw materials in-country and increase trade with its neighbors.

  •   Local content stakeholders united for a high level panel at the Angola Oil amp Gas AOG 2022 Conference amp Exhibition http bit ly 3UyBCpP in Luanda on Tuesday to discuss how Angola can meet its local content ambitions and maximize partnerships with regional and international firms to enhance oil and gas development and exploitation while creating opportunities for local players Under the theme The Evolution of Angola s Oil and Gas Sector Strategies for the Angolanization of the Local Energy Industry and the Implications for all Participants in the Sector the panel was moderated by Norman Nadorff Special Counsel Mayer Brown and featured Marco Toninelli Director of Asset Based Services Saipem Francisco Monteiro CEO Brimont Zenaida Martins Local Content Manager ChampionX Jo o Filipe Chairman amp CEO Cabship Br ulio de Brito President AECIPA Association of Oil amp Gas Service Companies and Nuno de Miranda Catanas Founding Partner MC Jurist as panelists The panel began with a presentation on Angola s local content law and changes by Andr Ngoma MIREMPET and Maura Nunes Coordinator of the Local Content Center at the ANPG Angola recently approved a new Legal Framework for the Promotion of Local Content that aims to retain more value in country by encouraging the acquisition of national goods and services and requiring all contracts to contain a local content clause and training programs Ngoma kickstarted the presentation stating that We needed something to help us grow The ministry was responsible for the policy ANPG implements the legal provisions The ministry is responsible for the human development plan and that is how this process was established Nunes added that The system plays a vital role and is ambitious because we want to ensure the integration of the system as a whole to help us make more assertive decisions Under the progressive reorganization of the national oil and gas sector and recent legislative amendments the Angolan Government has targeted the expansion of local content across each segment of the energy value chain known as Angolanization with the percentage of Angolans in the oil and gas workforce now in the range of 85 90 When you have been in a country for over 40 years you don t talk about local content you talk about being a local company More than 80 from across the entire level of the organization is now Angolan especially in engineering In addition to that we have a strong training program to engage and train people both in Angola and across our engineering centers across the globe stated Toninelli Monteiro added that Angolanization ensures that we are not stuck regarding hiring and complying with local content according to international standards It has been important because the perspective of local content is now broader We still have specific concentration on the people because manpower is what makes the company work and we still have a long way to go ANPG has played a positive role regarding the development of local content The promotion of local content also carries the potential to yield positive results in support of Angola s quest for diversification and industrialization serving as a catalyst for growth in other economic sectors directly and indirectly linked to the oil and gas industry including construction transportation technology agriculture logistics shipping and maritime services Local content promotes the acquisition of local goods and services the hiring and employment of local people and the transfer of know how and technology The acquisition of local goods and services forms part of economic diversification and creates value to industries Local content creates significant opportunities for employment and up skilling which is now reinforced by law As the new law brings stricter regulations if well implemented it can be a means for the country to achieve growth stated Martins Meanwhile the discussion moved to the role foreign companies play in Angola as stricter local content regulations are put in place On this note Catanas stated that Local content has two main areas training of local personnel and the involvement of Angolan companies in the supply chain My main point is to deconstruct a misconception Local content is about inclusion both ways It is not about the exclusion of foreign service providers There is room for foreign providers in an area of local content Contributing to this point de Brito stated that need to promote services and products by Angolan companies This does not mean the exclusion of foreign companies but involves integration It is important to emphasize that we need to empower the local services so we need to make sure that those services that can be done by local companies should be done in an efficient manner We need the support of foreign companies but at the same time guarantee our growth and the growth of the national companies The role foreign companies play was further defined by Filipe who added that It is of our opinion that the operators should play an active role in mentorship There should be mentorship programs so that more companies can provide services to the country We need to make sure that quality is not compromised so I believe that operators should spend more time and money in capacity building
    Enabling Angola to Achieve its Local Content Ambitions at Angola Oil & Gas (AOG) 2022
      Local content stakeholders united for a high level panel at the Angola Oil amp Gas AOG 2022 Conference amp Exhibition http bit ly 3UyBCpP in Luanda on Tuesday to discuss how Angola can meet its local content ambitions and maximize partnerships with regional and international firms to enhance oil and gas development and exploitation while creating opportunities for local players Under the theme The Evolution of Angola s Oil and Gas Sector Strategies for the Angolanization of the Local Energy Industry and the Implications for all Participants in the Sector the panel was moderated by Norman Nadorff Special Counsel Mayer Brown and featured Marco Toninelli Director of Asset Based Services Saipem Francisco Monteiro CEO Brimont Zenaida Martins Local Content Manager ChampionX Jo o Filipe Chairman amp CEO Cabship Br ulio de Brito President AECIPA Association of Oil amp Gas Service Companies and Nuno de Miranda Catanas Founding Partner MC Jurist as panelists The panel began with a presentation on Angola s local content law and changes by Andr Ngoma MIREMPET and Maura Nunes Coordinator of the Local Content Center at the ANPG Angola recently approved a new Legal Framework for the Promotion of Local Content that aims to retain more value in country by encouraging the acquisition of national goods and services and requiring all contracts to contain a local content clause and training programs Ngoma kickstarted the presentation stating that We needed something to help us grow The ministry was responsible for the policy ANPG implements the legal provisions The ministry is responsible for the human development plan and that is how this process was established Nunes added that The system plays a vital role and is ambitious because we want to ensure the integration of the system as a whole to help us make more assertive decisions Under the progressive reorganization of the national oil and gas sector and recent legislative amendments the Angolan Government has targeted the expansion of local content across each segment of the energy value chain known as Angolanization with the percentage of Angolans in the oil and gas workforce now in the range of 85 90 When you have been in a country for over 40 years you don t talk about local content you talk about being a local company More than 80 from across the entire level of the organization is now Angolan especially in engineering In addition to that we have a strong training program to engage and train people both in Angola and across our engineering centers across the globe stated Toninelli Monteiro added that Angolanization ensures that we are not stuck regarding hiring and complying with local content according to international standards It has been important because the perspective of local content is now broader We still have specific concentration on the people because manpower is what makes the company work and we still have a long way to go ANPG has played a positive role regarding the development of local content The promotion of local content also carries the potential to yield positive results in support of Angola s quest for diversification and industrialization serving as a catalyst for growth in other economic sectors directly and indirectly linked to the oil and gas industry including construction transportation technology agriculture logistics shipping and maritime services Local content promotes the acquisition of local goods and services the hiring and employment of local people and the transfer of know how and technology The acquisition of local goods and services forms part of economic diversification and creates value to industries Local content creates significant opportunities for employment and up skilling which is now reinforced by law As the new law brings stricter regulations if well implemented it can be a means for the country to achieve growth stated Martins Meanwhile the discussion moved to the role foreign companies play in Angola as stricter local content regulations are put in place On this note Catanas stated that Local content has two main areas training of local personnel and the involvement of Angolan companies in the supply chain My main point is to deconstruct a misconception Local content is about inclusion both ways It is not about the exclusion of foreign service providers There is room for foreign providers in an area of local content Contributing to this point de Brito stated that need to promote services and products by Angolan companies This does not mean the exclusion of foreign companies but involves integration It is important to emphasize that we need to empower the local services so we need to make sure that those services that can be done by local companies should be done in an efficient manner We need the support of foreign companies but at the same time guarantee our growth and the growth of the national companies The role foreign companies play was further defined by Filipe who added that It is of our opinion that the operators should play an active role in mentorship There should be mentorship programs so that more companies can provide services to the country We need to make sure that quality is not compromised so I believe that operators should spend more time and money in capacity building
    Enabling Angola to Achieve its Local Content Ambitions at Angola Oil & Gas (AOG) 2022
    Africa1 day ago

    Enabling Angola to Achieve its Local Content Ambitions at Angola Oil & Gas (AOG) 2022

    Local content stakeholders united for a high-level panel at the Angola Oil & Gas (AOG) 2022 Conference & Exhibition (http://bit.ly/3UyBCpP) in Luanda on Tuesday to discuss how Angola can meet its local content ambitions and maximize partnerships with regional and international firms to enhance oil and gas development and exploitation, while creating opportunities for local players.

    Under the theme, “The Evolution of Angola’s Oil and Gas Sector: Strategies for the Angolanization of the Local Energy Industry, and the Implications for all Participants in the Sector,” the panel was moderated by Norman Nadorff, Special Counsel, Mayer Brown and featured Marco Toninelli, Director of Asset Based Services, Saipem; Francisco Monteiro, CEO, Brimont; Zenaida Martins, Local Content Manager, ChampionX; João Filipe, Chairman & CEO, Cabship; Bráulio de Brito, President, AECIPA – Association of Oil & Gas Service Companies; and Nuno de Miranda Catanas, Founding Partner, MC Jurist as panelists.

    The panel began with a presentation on Angola’s local content law and changes by André Ngoma, MIREMPET and Maura Nunes, Coordinator of the Local Content Center at the ANPG.

    Angola recently approved a new Legal Framework for the Promotion of Local Content that aims to retain more value in-country by encouraging the acquisition of national goods and services and requiring all contracts to contain a local content clause and training programs.

    Ngoma kickstarted the presentation stating that, “We needed something to help us grow.

    The ministry was responsible for the policy, ANPG implements the legal provisions.

    The ministry is responsible for the human development plan and that is how this process was established.”Nunes added that, “The system plays a vital role and is ambitious because we want to ensure the integration of the system as a whole to help us make more assertive decisions.”Under the progressive reorganization of the national oil and gas sector and recent legislative amendments, the Angolan Government has targeted the expansion of local content across each segment of the energy value chain, known as “Angolanization,” with the percentage of Angolans in the oil and gas workforce now in the range of 85-90%.

    “When you have been in a country for over 40 years, you don’t talk about local content, you talk about being a local company.

    More than 80% from across the entire level of the organization is now Angolan, especially in engineering.

    In addition to that we have a strong training program to engage and train people both in Angola and across our engineering centers across the globe,” stated Toninelli.

    Monteiro added that, “Angolanization ensures that we are not stuck regarding hiring and complying with local content according to international standards.

    It has been important because the perspective of local content is now broader.

    We still have specific concentration on the people because manpower is what makes the company work and we still have a long way to go.

    ANPG has played a positive role regarding the development of local content.”The promotion of local content also carries the potential to yield positive results in support of Angola’s quest for diversification and industrialization, serving as a catalyst for growth in other economic sectors directly and indirectly linked to the oil and gas industry, including construction, transportation, technology, agriculture, logistics, shipping and maritime services.

    “Local content promotes the acquisition of local goods and services; the hiring and employment of local people and the transfer of know-how and technology.

    The acquisition of local goods and services forms part of economic diversification and creates value to industries.

    Local content creates significant opportunities for employment and up-skilling, which is now reinforced by law.

    As the new law brings stricter regulations, if well implemented, it can be a means for the country to achieve growth,” stated Martins.

    Meanwhile, the discussion moved to the role foreign companies play in Angola as stricter local content regulations are put in place.

    On this note, Catanas stated that, “Local content has two main areas: training of local personnel and the involvement of Angolan companies in the supply chain.

    My main point is to deconstruct a misconception.

    Local content is about inclusion both ways.

    It is not about the exclusion of foreign service providers.

    There is room for foreign providers in an area of local content.”Contributing to this point, de Brito stated that, “need to promote services and products by Angolan companies.

    This does not mean the exclusion of foreign companies but involves integration.

    It is important to emphasize that we need to empower the local services, so we need to make sure that those services that can be done by local companies should be done in an efficient manner.

    We need the support of foreign companies but at the same time, guarantee our growth and the growth of the national companies.”The role foreign companies play was further defined by Filipe, who added that, “It is of our opinion that the operators should play an active role in mentorship.

    There should be mentorship programs so that more companies can provide services to the country.

    We need to make sure that quality is not compromised so I believe that operators should spend more time and money in capacity building.”

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