Angola is getting ready to launch a restricted tender in 2025, providing ten blocks for exploration within the Kwanza and Benguela Basins. In keeping with the Nationwide Oil, Gasoline&Biofuels Company, Kwanza Basin belongings embrace Block 22, Block 35, Block 37, Block 38 and Block 36, providing a strategic alternative for corporations to spend money on a highly-prospective and commercially-proven offshore play.
In the course of the Angola Oil&Gasoline (AOG) pre-conference program – going down forward of the primary occasion on October 1 – geophysical companies firm WesternGeco will current a workshop entitled Unlocking the Hydrocarbon Potential of Angola: Concentrate on the Kwanza Basin Offshore. Led by WesternGeco’s Exploration Lead Sugandha Tewari and New Ventures Supervisor Miles Dyton, the session will present strategic perception into the prospectivity of open blocks featured within the 2025 Restricted Tender.
AOG is the most important oil and gasoline occasion in Angola. Happening with the total help of the Ministry of Mineral Assets, Oil and Gasoline; nationwide oil firm Sonangol; the Nationwide Oil, Gasoline and Biofuels Company; the African Power Chamber; and the Petroleum Derivatives Regulatory Institute, the occasion is a platform to signal offers and advance Angola’s oil and gasoline business. To sponsor or take part as a delegate, please contact sales@energycapitalpower.com.
A division of SLB since 2000, WesternGeco presents a library wealthy in seismic knowledge protecting the three most important basins within the Angolan offshore market. Knowledge goals to help funding selections because the nation strives to unlock the total potential of its offshore hydrocarbon basins. For corporations trying to spend money on the offshore Kwanza Basin – which bears geological similarities to the prolific Decrease Congo Basin – this knowledge will assist de-risk exploration by significantly enhancing the basin’s prospectivity.
The offshore Kwanza Basin is especially engaging given its confirmed petroleum system, undeveloped blocks and ongoing main initiatives. The primary large-scale deepwater improvement within the Kwanza Basin – the Kaminho challenge – achieved FID in Might 2024 and is on observe for first manufacturing by 2028. Located in Block 20/11, the challenge options the Cameia and Golfinho fields and lies in water depths of 1,700 m. Developed by power main TotalEnergies, the Kaminho challenge will make the most of an FPSO to provide 70,000 barrels per day. The challenge is anticipated to put the inspiration for continued improvement and manufacturing actions within the basin, all of which might be supported by datasets reminiscent of these of WesternGeco.
Whereas main initiatives underscore the numerous potential that lies within the offshore Kwanza Basin, the geological complexity of the realm has been identified to make exploration dangerous as a result of challenges related to imaging subsurface and reservoir intervals. As such, WesternGeco has gathered in depth datasets throughout the basin – in addition to Angola’s two main basins: Decrease Congo and Namibe – to not solely de-risk exploration however help recent investments offshore.
The AOG 2024 workshop will share the worth extracted from the massive knowledge footprint offshore with the goal of offering an replace on the prospectivity of the Kwanza Basin. Knowledge has been collected and processed utilizing state-of-the-art processing expertise, linking key present discoveries and leveraging machine studying. As such, attendees will achieve perception into the basin’s geological overviews; will perceive its geological complexity; and can evaluation the required expertise to beat challenges.
Individuals may also have the chance to look at petroleum techniques modeling and focus on the basin’s untapped hydrocarbon potential. Further matters embrace the basin’s tectonostratigraphic structure; how regional seismic helps to map leads and prospects; and the way seismic expertise can be utilized to de-risk exploration.
Don’t miss this chance to achieve strategic insights from business consultants Tewari and Dyton. To register for the workshop and the AOG convention, go to https://apo-opa.co/3SoMGGy or contact us at sales@energycapitalpower.com. Entry the pre-conference technical program right here (https://apo-opa.co/3SnmHz3).
Distributed by APO Group on behalf of Power Capital&Energy.