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Angola
Solar Power Plant
Hitachi ABB Power Grids Win Deal for Sub-Sahara’s Largest PV Project
Hitachi ABB Power Grids is to help develop Sub-Saharan Africa’s largest solar photovoltaic project.
Oil&Gas Drilling
PGS Wraps up Seismic Campaign Offshore
Norwegian seismic player PGS has completed its 2020 acquisition campaign in Angola’s Namibe Basin.
Crude Oil
Angola Aims to Ramp up Oil Production
Angola, Africa’s second-largest oil producer after Nigeria, will need foreign and government investments to discover up to 57 billion barrels of crude oil by 2…
Crude Oil
Angola Oil Output to Fall Below 1.2mn b/d by 2023: ANGP
The agency predicts a slight rebound next year but expects the growth to be short-lived.
Oil&Gas Drilling
Total Restarts Drilling off Angola
French oil major Total has resumed oil drilling offshore Angola with the Skyros rig while two more are expected to start operations in the week to follow.
Hydropower Plant
ANGOLA / NAMIBIA: Concluded Agreement for Baynes Dam Construction in 2021
The Namibian and Angolan governments have agreed to start construction of the Baynes Dam along their common border in 2021.
Hydropower Plant
Namibia, Angola to Develop Cross-Border Baynes Hydroelectric Dam
The governments of Angola and Namibia have signed bilateral agreements for the construction of a cross border Baynes hydroelectric dam.
Maersk Oil
Maersk Oil is an international oil and gas company with operated production of 557,000 boe per day from Denmark, the UK, Qatar, Kazakhstan, Brazil and Algeria. …
Crude
OPEC Fails to Pin Down New Output Target after Marathon Talks
OPEC failed nail down the details of an agreement to adjust its official production target, as six hours of talks in Vienna found no resolution amid objections …
Oil&Gas Drilling
Total, Eni And Sonangol Bid for Angolan Oil And Gas Acreage
Angola’s oil, gas and biofuels agency (ANPG) announced the names of companies that submitted proposals for 10 fields in the Namibe and Benguela basins, which c…
Angola to Buy 5000MW from Congo’s Grand Inga Hydropower Plant
Angola is set to buy 5000MW from neighboring Democratic Republic of Congo’s proposed $14bn Grand Inga hydropower plant project.
Bank
Banco Nacional de Angola (BNA)
The settlement of the first banking establishment in Angola goes back to 1865, and began to operate in August of the same year.
Country Profiles
Angola
The year 2013 marked the 50th anniversary of the establishment of diplomatic ties between the People's Republic of China and the Republic of Kenya. The friendly…
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