Browsing Tag
Sonangol
15 posts
Shell, QatarEnergy and Sonangol carve up Angola Blocks 8 and 22 in new offshore pact
QatarEnergy has signed an agreement to take 30% interests in Angola’s offshore Blocks 8 and 22 alongside 50% operator Shell and 20% partner Sonangol, adding another country to its international exploration portfolio while the transaction remains subject to government approvals and final contractual arrangements.
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 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.
Melbana Energy (ASX:MAY) faces Cuba sanctions shock, but Block 9 still holds the upside test
Melbana has Block 9 oil upside, but Cuba sanctions have changed the risk map. The next ASX:MAY update could reset the story.
BP and Azule Energy bring Angola’s first non-associated gas project online as Quiluma field begins production
BP and Azule Energy confirm first gas at Angola's Quiluma field under the New Gas Consortium. Read what this means for Angola LNG and BP's upstream strategy.
Energean (LSE: ENOG) to acquire Chevron’s Angola oil stakes for $260m in first West Africa move
Energean plc acquires Chevron's Angola Block 14 interests for $260m, adding 13 kbbl/d net oil and $119m EBITDAX. Read the full strategic analysis.
Melbana Energy stock slides despite Amistad-2 drilling kickoff in Cuba
Melbana Energy (ASX: MAY) stock fell 3% even as it spudded Amistad-2 in Cuba. Can this well reverse a 41% slide and spark a rerating for the explorer?
ReconAfrica expands across Africa with 5.2M-acre Angola deal, sets sights on unlocking frontier oil riches
Explore how ReconAfrica is expanding oil exploration into Angola’s Damara Fold Belt with 5.2M new acres and major drilling plans in Namibia.
KBR secures project management contract for Lobito Refinery in Angola
KBR (NYSE: KBR) has announced securing a project management contract from Sonangol for the design and construction of…
Cabinda Oil Refinery Project in Angola sees green light with $473m in financing
The Cabinda Oil Refinery project in Angola has reached its financial close, thanks to Gemcorp Holdings Limited (GHL),…