PGS launches advanced reprocessing project in Angola’s Lower Congo Basin

PGS launches advanced reprocessing project in Angola’s Lower Congo Basin

PGS, a leader in seismic exploration technology, has initiated a comprehensive depth reprocessing project of the ANG Block 16 MC3D GeoStreamer dataset in Angola’s Lower Congo Basin, targeting deeper exploration prospects. Set to deliver final results in Q3 2024, this initiative marks a significant step in revitalizing deepwater exploration in the region. Exploration Revival in […]

Qatar Petroleum to acquire 30% stake in Angolan Block 48

Qatar Petroleum to acquire 30% stake in Angolan Block 48

Qatar Petroleum has signed a farm-in deal with Angolan national oil company Sonangol and Total to acquire a 30% stake in Block 48 contained in the ultra-deep waters of Angola. According to Qatar Petroleum, Block 48 offers a drill-ready opportunity, which spans an area of nearly 3,600 square kilometers. Drilling in the offshore Angolan block […]