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Home in Southern Africa Angola

Angola secures major energy endorsements for Angola Oil & Gas 2020

by SAT Reporter
March 12, 2020
in Angola, in Southern Africa, Just In
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Angola secures major energy endorsements for Angola Oil & Gas 2020
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The Angola Oil & Gas (AOG) Conference & Exhibition 2020 has secured endorsement of major international companies including Total, Baker Hughes, Equinor and Huawei

The event is organised by Africa Oil & Power (AOP) and endorsed by the Ministry of Mineral Resources and Petroleum.

In line with the government’s plans to reignite activity in the country’s oil and gas industry, Total plans to increase its production in Angola by 2023, in order to add more than 100,000 barrels of oil to its daily production from block 17 – ensuring that it keeps its level of production above 400,000 bpd.

Baker Hughes is also actively contributing to the country’s economy through its multimodal facility for oil and gas, which will deliver a suite of products and services across the oil and gas value chain and serve as a hub to support customers and projects in Angola and the southern Africa region.

Equinor, meanwhile, has pledged to strengthen cooperation with Sonangol, especially regarding joint exploratory activities in the Lower Congo Basin.

China’s Huawei has invested US$60mn in Angola’s telecommunications sector over the past 20 years and has established the Huawei Technological Research Centre in Luanda, which caters for the rapid growth in new wireless technologies in sub-Saharan Africa.

“Endorsement from these high-level sponsors, who have been key in facilitating investment across the Angolan economy, solidifies AOG 2020 as a serious financial and investment hub. We expect to attract even more high-level sponsorships for the second edition of the conference,” said AOP acting CEO, James Chester.

Other confirmed sponsors include Certex; Bureau Veritas; Pluspetrol; Vista Waste Management; International SOS; Angola Cables and Poliedro Oil Corporation.

Endorsed by the Ministry of Mineral Resources, the AOG 2020 Conference & Exhibition – taking place on 16-17 June 2020 in Talatona – will return for the second year as the focal point of an international investment drive aimed at bringing new deals to the table and signing up new entrants to Angola’s oil and gas sector.

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