Thursday, April 22, 2021
  • Markets & Companies
    • Stock Market
    • Companies
    • Appointments
    • Commodities
  • Business & Economy
    • Energy
    • Agricultural Economy
    • Insurance & Pensions
    • Aviation
    • Maritime
    • Road Transport
    • Financial Inclusion
    • Investment
    • Manufacturing
    • Consumer Goods
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS
Financial Street is a meeting point for technology, economy, and journalism.
No Result
View All Result
  • Markets & Companies
    • Stock Market
    • Companies
    • Appointments
    • Commodities
  • Business & Economy
    • Energy
    • Agricultural Economy
    • Insurance & Pensions
    • Aviation
    • Maritime
    • Road Transport
    • Financial Inclusion
    • Investment
    • Manufacturing
    • Consumer Goods
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS
Financial Street is a meeting point for technology, economy, and journalism.
No Result
View All Result

Angola mulls increased transparency oil block licensing

Christiana Unakalamba by Christiana Unakalamba
February 25, 2021
in BUSINESS & ECONOMY, Energy
0
Equatorial Guinea, African Energy Chamber meet on energy developments amid COVID-19
0
SHARES
8
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsApp

Angola’s National Agency for Oil, Gas and Biofuels has told those interested in the ongoing 2020 licensing round for oil blocks in the onshore Kwanza and Lower Congo Basins to consult the available data packages before purchasing them.

Financial Street learnt from a statement by Africa Oil and Power Conference, “ANPG hopes this will increase transparency in the process, as intended by the governing legal framework.

READ ALSO

African aviation sector faces sanctions

Waste recycling plant underway in Imo

The Angolan regulator stated, “It will ensure that qualified participants engage with the necessary confidence needed to start the process and secure agreements at the end of the process.”

Read Also:

  • EACOP worth pursuing, beneficial to Tanzanian, Ugandan communities
    EACOP worth pursuing, beneficial to Tanzanian,…
  • Why Nigeria's debt keeps increasing – Zakka
    Why Nigeria's debt keeps increasing – Zakka
  • As controversy dogs Africa's longest oil pipeline
    As controversy dogs Africa's longest oil pipeline

According to the statement, this will significantly reduce the risk of companies entering the process with many uncertainties.

“Interested companies simply need to register their interest with the ANPG either via letter or email, requesting a free data consultation session. The session can either be provided virtually or in person,” it added.

ANPG has declared its intention to attract interest far beyond the traditional players in Angola’s oil and gas sector. Special attention has been given to attract mid-sized explorers to Angola’s basins that have proven prolific in recent years and provided returns for companies far beyond industry averages in other locations. Six licences onshore Kwanza Basin and three licences onshore Lower Congo Basin are currently on offer for this round.

The data available will provide a solid basis upon which models will be built to understand the oil and gas potential of the blocks on offer.

close
Subscribe to our newsletter and join thousands of readers of our financial, economic & investments news blog!
We don't spam with your email

Check your inbox or spam folder to confirm your subscription.

  • Facebook
  • Twitter
  • Pinterest
  • LinkedIn

Tags: Africa Oil and PowerAngolaOil block

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Christiana Unakalamba

Christiana Unakalamba

Related Posts

ASECNA, NIGCOMSAT, Thales Alenia to boost development of African aviation
Aviation

African aviation sector faces sanctions

April 22, 2021
Curbing plastic waste in Mauritius
ENVIRONMENT

Waste recycling plant underway in Imo

April 21, 2021
Mariners canvass security fund to curb piracy
Maritime

Single window platform still elusive – NSC

April 21, 2021
Customs seeks dedicated barge operation for exports
Maritime

Customs seeks dedicated barge operation for exports

April 21, 2021
Agents decry operational challenges at PTML
Front Page

Agents decry operational challenges at PTML

April 21, 2021
Building smarter bank branches
Front Page

CBN to sanction banks over dollar rejection

April 21, 2021
Next Post
Access Bank begins accelerator programme with N10m

Access Bank begins accelerator programme with N10m

RECENT STORIES

GTBank’s PBT drops by 7.77%

GTBank’s PBT drops by 7.77%

April 22, 2021
Canon launches five entry-level printers

‘Africa’s print market requires collaborations for growth’

April 22, 2021
Establishing an advertising agency

Establishing an advertising agency

April 22, 2021
ASECNA, NIGCOMSAT, Thales Alenia to boost development of African aviation

African aviation sector faces sanctions

April 22, 2021

Watch this space!

April 22, 2021
Why Nigerian consumers prefer foreign goods

Why Nigerian consumers prefer foreign goods

April 21, 2021
Curbing plastic waste in Mauritius

Waste recycling plant underway in Imo

April 21, 2021

TRENDING

  • CBN warns Nigerians against falling victim to cybercrime

    CBN’s FX restrictions and Nigerian consumers

    2 shares
    Share 0 Tweet 0
  • Blame govt for high cement price – Banjoko

    0 shares
    Share 0 Tweet 0
  • Why Nigeria’s debt keeps increasing – Zakka

    0 shares
    Share 0 Tweet 0
  • African aviation sector faces sanctions

    0 shares
    Share 0 Tweet 0
  • As controversy dogs Africa’s longest oil pipeline

    0 shares
    Share 0 Tweet 0
Financial Street is a meeting point for technology, economy, and journalism.

© Financial Street 2020. All Rights Reserved.

More Links

  • Privacy Policy
  • Terms of Use
  • Contact Us

Follow Us

No Result
View All Result
  • Markets & Companies
    • Stock Market
    • Companies
    • Appointments
    • Commodities
  • Business & Economy
    • Energy
    • Agricultural Economy
    • Insurance & Pensions
    • Aviation
    • Maritime
    • Road Transport
    • Financial Inclusion
    • Investment
    • Manufacturing
    • Consumer Goods
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS