Angola | Egypt Oil & Gas - Part 4

Anglo African Raises Cash to Acquire Stake in Congo’s Oil Field

Anglo African Oil and Gas made its debut on London’s junior market yesterday as it raises cash to buy majority rights to a field in the Republic of the Congo, The telegraph reported. According to Yahoo Finance, ...

Angolan Cargoes Find Buyers, Nigeria Witnesses Delays in Crude Loading

Angolan crude cargoes were steadily finding buyers while delays in the loading of Nigerian crude Qua Iboe were weighing on differentials, Reuters reported. Shell said it halted production at Nigeria’s Bonga oil ...

Iraq, Angola to Extend OPEC Production Cuts

Iraq and Angola are willing to extend the production cuts of the Organization of the Petroleum Exporting Countries (OPEC) during the second half of 2017 as the global rally in prices shows signs of stalling, reported ...

Angola Reaches Highest Oil Revenue in 16 Months

Angola reported $950m in crude oil export revenues for January, the highest in 16 months, data from the country’s Finance Ministry showed. The country exported some 52.25m barrels last month, which is around 3.3mb/d m...

Angola to Increase Its April Oil Exports

Angola will increase its April crude oil exports to 1.691mb/d, according to its provisional loading plan, reported Reuters. The exports contain 53 cargoes that include the first of Olombendo crude oil from the East Po...

Angola Overtakes Nigeria as Africa’s Biggest Oil Producer

Angola remained in January as the largest oil producer in Africa, overtaking Nigeria, according to the February issue of the monthly newsletter on the oil market released in Vienna by the Organization of Petroleum Exp...

Total to Approve New Global Investments

French Total intends to make final investment decision on 10 oil and gas production projects in the next 18 months in various countries that include Nigeria, Angola, Azerbaijan, and Argentina, reported Daily Trust. Th...

Eni Started Oil Production in Angola

Italian Eni started production at an oil facility off the coast of Angola in record-setting fashion, reported United Press International. The production started from the East Hub Development Project, in Block 15/06 of...

Actemium Awarded Maintenance Contract Offshore Angola

Total Angola has awarded an offshore multidisciplinary maintenance contract to Actemium Angola and Actemium Oil and Gas Maintenance, reported Oil Review Africa. The agreement stated that Actemium will continue the off...

Angola LNG Sells First LPG Cargo

Angola LNG announced the sale of its first LPG cargo from its plant in Soyo to Angola’s state oil and gas company Sonangol on a free on board basis, which was shipped by LPG carrier BW brokerAngola LNG reported. In ad...

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