Browsing Tag
Angola
35 posts
Standard Bank (JSE: SBK) profit rises 10% despite margin pressure as Africa growth bet enters new phase
Standard Bank lifted first-half headline earnings 10% to R26.1 billion despite narrower margins, as loan growth and African expansion shape the second-half test.
Traxtion adds 46 locomotives and 920 wagons as South Africa opens freight rail to private capital
Traxtion is investing R3.4 billion in locomotives and wagons as South Africa, Zambia, Angola and other mineral economies open rail to private capital.
Greater PAJ Project: Angola’s $5bn cross-block offshore oil development moves into execution in 2026
The Greater PAJ Project offshore Angola has reached final investment decision, with Azule Energy and its partners advancing a five-field deepwater development that will use a new 95,000 barrels-per-day FPSO to bring first oil in the first half of 2029.
TechnipFMC delivers 21% EBITDA margin as subsea execution accelerates, but $10bn order target now hinges on H2
TechnipFMC Q2 2026: revenue $2.76B, adj EPS $0.91, Subsea margin 23.2%. Guidance held, but $10B order target now needs $5.6B of H2 Subsea inbound.
Azule Energy approves Greater PAJ offshore oil project for 2029 start in Angola
Azule Energy approves Greater PAJ, targeting 85,000 boe/d from Angola by 2029. Explore the FPSO plan, partner stakes and execution risks now.
TechnipFMC wins another Angola order, but the bigger story is the $5.1bn project behind it
TechnipFMC wins a flexible pipe contract for Azule Energy’s $5.1bn Greater PAJ project. Discover what it means for $FTI shares and Angola’s offshore growth.
Afentra (AIM: AET) expands Angola strategy with operated KON4 licence in Kwanza basin
Afentra plc has secured Angola’s KON4 licence, adding operated Kwanza basin exposure. Find out how the AIM:AET strategy is evolving today!
Agogo oil field: Angola’s deepwater turnaround project and how Azule Energy delivered first oil in under 30 months
Angola needs barrels. BP and Eni need clean ones. Agogo's pilot CCS FPSO is the test case for whether deepwater oil still earns capital.
TotalEnergies Q1 2026 earnings beat: Adjusted net income jumps 29% to $5.4bn as Patrick Pouyanne lifts dividend 5.9% despite Middle East shutdowns
TotalEnergies posted $5.4B adjusted net income but lost 15% of production to Middle East shutdowns. Pouyanne's dividend hike answers a different question entirely.
UAE quits OPEC after nearly six decades, dealing structural blow to oil cartel as Iran war reshapes Gulf energy landscape
The UAE is leaving OPEC during the worst Gulf energy crisis in decades. The real question is whether Saudi Arabia can hold the cartel together without it.