Angola has skilled a 16% surge in drilling (http://apo-opa.co/4cSaXwb) exercise in 2024, with 43 wells set to be spud this yr. Ongoing exploration efforts align with nationwide objectives to keep up manufacturing above a million barrels per day past 2027 and create a wave of alternatives for service suppliers energetic throughout your entire oil and gasoline worth chain.
Through the Angola Oil&Gasoline (AOG) convention (https://AngolaOilAndGas.com/)– happening October 2-3 in Luanda – Angola’s service suppliers will focus on upcoming contract alternatives and the way the nation’s amended Native Content material Coverage has improved market entry. Representing each worldwide and native suppliers, audio system will delve into revolutionary know-how, strategies of elevating capital and the way developments in drilling, geosciences and knowledge administration help operations.
AOG is the most important oil and gasoline occasion in Angola. Going down with the complete help of the Ministry of Mineral Assets, Oil and Gasoline; the Nationwide Oil, Gasoline and Biofuels Company; the Petroleum Derivatives Regulatory Institute; nationwide oil firm Sonangol; and the African Power Chamber; 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.
Amid rising alternatives for each international and native service suppliers, the Affiliation of Service Suppliers of the Angolan Oil and Gasoline Business (AECIPA) (http://apo-opa.co/4cWeDge) – a associate of AOG 2024 – promotes, encourages and helps skilled initiatives of service firms within the nation. The affiliation goals to increase alternatives for firms throughout the market, and through AOG 2024, AECIPA President Braúlio de Brito will drive discussions round methods for enhancing the participation of native gamers within the sector.
Angolan-based service suppliers have established a sturdy presence within the nation’s hydrocarbon market, exemplified by firms like Kaeso Power Providers. With over 60 years of expertise, Kaeso Power Providers has grow to be a market chief, notably as the only real supplier of Nicely Bore Clear out Providers to main operators as of January 2024. Jorge de Morais, Common Supervisor of Kaeso Power Providers, will share his insights at AOG 2024, providing a novel perspective on the business.
Moreover, Angolan consulting and procurement firm Brimont operates three logistics amenities within the nation and recorded upwads of 300,000 liters of chemical deliveries in January 2024. The corporate, who’s a gold sponsor of this yr’s convention, additionally secured a contract for the procurement of specialty chemical compounds for Sonangol’s operated blocks in 2021. Brimont’s CEO Francisco Monteiro will communicate through the AOG 2024 convention about these providers and future alternatives within the downstream market.
Angolan bunkering agency FAMAR – a silver sponsor of AOG – can be increasing its presence throughout the market, aiming to place the nation as a bunkering hub. The corporate is increasing its ship fleet whereas modernizing port infrastructure in Angola. These measures goal to help current and upcoming concessions within the nation. FAMAR Managing Companion Mauro Carvalho will unpack this growth technique throughout AOG 2024.
In the meantime, waste administration firm Angola Environmental Providers (AES) (http://apo-opa.co/3Z6gz2n) – a silver sponsor of this yr’s AOG occasion – is strategically positioned to help upcoming concessions given the corporate’s waste administration providers on the SONILS Logistics Base in Luanda and the Kwanda Base in Soyo. The corporate’s providing contains thermal desorption, incineration, landfill providers and extra. At AOG 2024, AES Common Supervisor Matuzalem Sukete will share perception into these providers.
Along with Angolan gamers, international service suppliers proceed to help exploration efforts in addition to the event of initiatives throughout your entire worth chain. Marine geoscience and know-how enterprise Shearwater, for instance, has supplied varied 4D monitor surveys for firms to the likes of TotalEnergies in Angola. Acquired datasets have supported exploration endeavors whereas enhancing the understanding of Angola’s offshore oil and gasoline performs. In 2023, Shearwater (https://apo-opa.co/3Zb1Hjw) additionally renewed its partnership with Angolan establishment Agostinho Neto College to offer hands-on seismic undertaking coaching. Shearwater’s International Contracts and Gross sales Supervisor Martin Prout has joined the AOG 2024 convention to share perception into these initiatives.
In the meantime, vitality company Siemens Power leverages its revolutionary know-how to help initiatives within the oil, gasoline and renewable vitality sectors. The corporate goals to advance the decarbonization of the Angolan oil and gasoline business. Alexandra Africano, Enterprise Technique and Sustainability Companion at Siemens Power will communicate on alternatives for decarbonizing operations in Angola throughout AOG 2024.
For extra details about the AOG 2024 program, go to https://apo-opa.co/3ySE9VX.
Distributed by APO Group on behalf of Power Capital&Energy.