President Biden Launches USAID Mission in Angola
The USAID mission aims to strengthen U.S.-Angola relations by reinforcing strategic partnerships.
Read the latest Archives of oil, gas and energy news.
The USAID mission aims to strengthen U.S.-Angola relations by reinforcing strategic partnerships.
Angola’s economy relies strongly on oil revenues.
The companies signed an agreement for the development of a 2,300 metric tons per day ammonia plant in Soyo.
A Risk Service Agreement and all Auxiliary Commercial Deals have been signed to expedite the project.
The $250 million project will create 1,000 jobs while driving economic diversification in Angola.
From policy implementation and project advancement to international events and offshore discoveries, Angola’s industry milestones in 2024 pave the way for a robust year in 2025.
The expansion project will include adding a new processing unit and mini train of three million tons of natural gas.
The country is expected to make FID on several projects in the coming months, with pro-investment policies driving further growth.
Sequa Petroleum and partners have received approval for a 10% stake in Block 15/06, one of Angola’s most productive offshore oil fields.
Energy Capital & Power spoke with CITAC Africa’s Elitsa Georgieva on trends within Africa’s downstream sector during Angola Oil & Gas 2024.