27.2 C
Accra
Monday, July 8, 2024
Independent AfricaAngola Oil & Gas presents exceptional opportunities for global investors

Date:

Angola Oil & Gas presents exceptional opportunities for global investors

spot_img

Angola’s premier event for the oil and gas sector, the Angola Oil&Gas (AOG) conference and exhibition, serves as a nexus uniting the country’s government, energy companies, global operators, and investors.

With each edition building upon previous successes, AOG 2024 promises unparalleled opportunities for financiers, project developers, international operators, and service partners.

- Advertisement -

Recognizing its ability to foster collaboration among Angolan and global stakeholders, AOG received the prestigious Association of African Exhibition Organizers ROAR Award for Marketing and PR Excellence for its 2023 edition. This accolade underscores AOG’s innovative marketing and PR strategies, which not only contributed to the event’s success but also promoted Angola’s oil and gas opportunities worldwide.

Organized by Energy Capital&Power, AOG stands as the largest oil and gas event in Angola, backed by the full support of key entities such as the Ministry of Mineral Resources, Oil and Gas, Sonangol, the ANPG, the African Energy Chamber, and the Petroleum Derivatives Regulatory Institute. The event serves as a pivotal platform for signing deals and advancing Angola’s oil and gas industry.

- Advertisement -

Under the theme “Driving Exploration and Development Towards Increased Production in Angola,” AOG 2024 offers lucrative opportunities for international investors, encompassing both on- and offshore oil exploration and emerging prospects in gas exploration and LNG. With ambitions to boost oil production to 1.18 million barrels per day (bpd) this year and establish itself as a global LNG supplier, Angola invites global E&P companies to invest in the country.

In anticipation of the conference, AOG 2024 is hosting a networking event in Houston on March 19 in collaboration with Angola’s Ministry of Mineral Resources, Petroleum and Gas, and the National Oil, Gas&Biofuels Agency. This event provides US project developers and investors with a platform to connect with Angolan government officials and explore upcoming opportunities in oil, gas, and infrastructure development.

- Advertisement -

Endowed with substantial oil and gas reserves, Angola recently concluded a 12-block licensing round and plans to launch the next round in 2025, presenting fresh E&P opportunities for international companies. Noteworthy investments by global energy majors, such as TotalEnergies and ExxonMobil, underscore the industry’s confidence in Angola’s potential.

As Angola focuses on upstream development, significant strides are also being made in downstream infrastructure projects, including refineries, pipelines, and LNG terminals, creating additional opportunities for project and service companies.

Scheduled for October 2-4, 2024, in Luanda, AOG 2024 will serve as a vital platform for dialogue, deal-making, and decision-making, following the success of its 2023 edition, which witnessed significant industry advancements and seven deals signed.

Latest stories

Ireland’s Green Party announces a new leader

Minister for Children and Integration, Roderic O'Gorman, has ascended...

One arrested for violence at Ayawaso West Wuogon NPP office

The police have arrested a female suspect in connection...

Give your properties to my siblings when you die – Ken Agyapong Jr. tells father

Entrepreneur and son of Member of Parliament Kennedy Agyapong,...

Ayawaso West Wuogon MP accused of illegal transfer of votes

Allegations have surfaced against Member of Parliament (MP) for...

I want to be richer than my father – Kennedy Agyapong Jr.

Entrepreneur and son of Member of Parliament (MP) Kennedy...

Russian strikes hits children’s hospital in Ukraine; dozens dead

In a tragic escalation, Ukrainian capital Kyiv witnessed severe...

Related stories

Ghana ranks 2nd in Sub-Saharan Africa for remittances – WB Report

In 2023, Ghana emerged as the second-largest recipient of...

EU bolsters Maritime Security in Sub-Region

EU funds and completes EnMAR training for 15 port...

Dangote refinery in Lagos on fire

A fire broke out at the Dangote Refinery in...

President Ruto calls protests in Kenya “treasonous”

President William Ruto has announced a stringent crackdown on...

LEAVE A REPLY

Please enter your comment!
Please enter your name here