3+ day, 15+ hour ago   (355+ words) The Vicango Este-01 exploration well was drilled in approximately 940 meters of water by the Valaris DS-9 drillship, about 370 kilometers (230 miles) northwest of Luanda. Angola’s National Oil, Gas and Biofuels Agency (ANPG), ExxonMobil and the Block 15 partners report finding a new…...

3+ day, 17+ hour ago   (463+ words) The Acacia-5 development demonstrates how operators are using existing FPSO capacity to quickly monetize smaller discoveries, reducing cycle times and capital requirements. The Pazflor FPSO operates on Angola's Block 17, where TotalEnergies recently announced the Acacia-5 oil discovery and a rapid…...

3+ day, 17+ hour ago   (437+ words) The LOI marks another step toward FID for one of Africa's largest planned LNG developments and signals continued momentum for offshore gas investment in Mozambique. Saipem and Jan De Nul have signed a letter of intent related to offshore work…...

1+ week, 5+ day ago   (477+ words) The transaction advances Angola's push to strengthen domestic operatorship, positioning Etu Energias to potentially take over operation of one of the country's most established deepwater producing hubs. Block 14 and Block 14K currently produce about 42,000 b/d of oil and still contain…...

3+ week, 4+ day ago   (279+ words) Equinor is adding Namibia exposure at a time when the Orange Basin continues to attract global investment following multiple high-profile offshore discoveries. The transaction gives Equinor participation in a near-term exploration well, providing a potentially important test of remaining prospectivity…...

3+ week, 6+ day ago   (259+ words) Encouraging signal for continued exploration investment: The oil and gas-condensate find highlights the value of targeted exploration near existing developments, supporting operator confidence in Angola while underscoring the role of new discoveries in offsetting natural field decline and sustaining long-term…...