Angola’s Petroleum Agency Launches Video Exposé on Licensing Round Exploration Potential 26 Avril 2021
LUANDA, Angola, April 26 (Infosplusgabon) - Angola’s National Agency for Oil, Gas and Biofuels has published a video based on the presentation event it hosted for upstream companies on 12 April showcasing the exploratory potential of the acreage on offer in its onshore 2020/2021 bid round; Six blocks in the Kwanza Basin and three blocks in the Lower Congo Basin offer highly-prospective acreage with multiple opportunities; The video will be followed by a digital event at a later date designed to address questions from interested parties.
To promote Angola’s current oil and gas licensing round that features nine highly-prospective onshore blocks, the National Agency of Oil, Gas and Biofuels (ANPG) has published a video showcasing the technical profile of the onshore blocks currently on offer to investors.
Eni yields new light oil discovery offshore Angola – Energy Capital & Power
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ENI announced on Tuesday 6 April, that it had made a new discovery in Angola. The Italian Major’s latest oil discovery in its Block 15/06 concession offshore Angola underlines why Angola’s Prolific Basins and conducive regulatory framework continue to prove attractive despite stiff competition from new frontiers like Guyana and Suriname. It is also for this reason that the current bid round for three onshore blocks in the Lower Congo Basin, and six onshore blocks in the Kwanza Basin, run by the National Agency of Petroleum, Gas and Biofuels (ANPG) is attracting a lot of interest from the industry.
In the past twelve months, COVID-19 and resultant oil price instability have threatened investment globally in seismic acquisition, new drilling and other ‘non-essential’ activities. Yet what has remained constant during this period is the magnitude of Angolan oil and gas reserves, which not only represent some of the least explored basins globally, but also appear to grow in
Angola’s National Agency for Oil, Gas and Biofuels has published a video based on the presentation event it hosted for upstream companies on 12 April showcasing the exploratory potential of the acreage on offer in its onshore 2020/2021 bid round; Six blocks in the Kwanza Basin and three blocks in the Lower Congo Basin offer highly-prospective acreage with multiple opportunities; The video will be followed by a digital event at a later date designed to address questions from interested parties.
To promote Angola’s current oil and gas licensing round that features nine highly-prospective onshore blocks, the National Agency of Oil, Gas and Biofuels (ANPG) has published a video showcasing the technical profile of the onshore blocks currently on offer to investors.
ENI recently announced that it had made a new discovery in Angola. The Italian Major’s latest oil discovery in its Block 15/06 concession offshore Angola underlines why Angola’s Prolific Basins and conducive regulatory framework continue to prove attractive despite stiff competition from new frontiers like Guyana and Suriname.
It is also for this reason that the current bid round for three onshore blocks in the Lower Congo Basin, and six onshore blocks in the Kwanza Basin, run by the National Agency of Petroleum, Gas and Biofuels (ANPG) is attracting a lot of interest from the industry.
In the past twelve months, COVID-19 and resultant oil price instability have threatened investment globally in seismic acquisition, new drilling and other ‘non-essential’ activities.
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