Angola News

 

Shell Buys Stakes in Angolan Offshore Blocks from Chevron

Jan 06, 2026

Shell has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron, the European energy major said on Tuesday.European oil majors have said they will spend billions in Angola, Sub-Saharan Africa's second-largest crude oil producer after Nigeria. The country has undertaken major regulatory reforms to attract investment into its energy sector, where it aims to keep production above 1 million barrels per day…

Azule Energy Approves $5b Angola Offshore Oil Project

Jun 22, 2026

Azule Energy, a joint venture between BP and Eni, and its partners have approved the $5.1 billion Greater PAJ offshore oil project in Angola, company and government officials said at a signing ceremony on Monday.Partners in the project, Angola's first integrated cross-block development…

TGS Awarded Large 4D Streamer Contract Offshore Angola

May 27, 2026

TGS has been awarded a large and high-end 4D streamer contract offshore Angola. The program is scheduled to commence acquisition in early July 2026, and the contract has a duration of approximately eight months.Kristian Johansen, CEO of TGS…

bp Confirms New Gas Consortium Project Startup in Angola

Mar 17, 2026

bp has confirmed start-up of gas production from the Quiluma field, part of the New Gas Consortium (NGC) in Angola, as reported by operator Azule Energy. This milestone continues the strong delivery of project start-ups and exploration discoveries…

Ndungu Full-Field Starts Up Offshore Angola

Feb 20, 2026

Eni announced the start-up of the Ndungu full-field, part of the Agogo Integrated West Hub Project (IWH), in the western area of Block 15/06, offshore Angola.The project comprises seven production wells and four injection wells, with an expected production peak of 60…

Chevron Signs Preliminary Agreement to Explore for Offshore Oil

Sep 03, 2025

Chevron has signed a preliminary agreement with Angola's national oil and gas concessionaire ANPG to explore for oil in the country's offshore block 33/24, the U.S. oil major said on Wednesday.The risk services contract with Angola's National Oil…

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