{"id":47725,"date":"2020-05-07T20:45:13","date_gmt":"2020-05-07T18:45:13","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/angola\/investment-report-examines-angola-oil-and-gas-projects\/"},"modified":"2020-05-07T20:45:14","modified_gmt":"2020-05-07T18:45:14","slug":"investment-report-examines-angola-oil-and-gas-projects","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/angola\/investment-report-examines-angola-oil-and-gas-projects\/","title":{"rendered":"Investment Report examines Angola Oil and Gas Projects"},"content":{"rendered":"<p><\/p>\n<div class=\"image_wrap\"><\/div>\n<p><\/p>\n<p><em>Africa Oil &amp; Power launched its\u00a0Africa Energy Series Special Report: Angola 2020\u00a0on Thursday; the available-for-download report provides the status of several investment projects in development in Angola, including its 2020 licensing round, construction of gas processing facilities in Soyo, and more; the publication follows the announcement of the new dates for the Angola Oil &amp; Gas 2020 Conference &amp; Exhibition, which will now take place in Talatona from October 14-15.<\/em><\/p>\n<\/p>\n<p>In line with Angola\u2019s aim to drive capital inflows into its bankable oil and gas projects, Africa Oil &amp; Power (AOP) (<a href=\"http:\/\/www.AfricaOilAndPower.com\" target=\"_blank\" rel=\"noopener\">www.AfricaOilAndPower.com<\/a>)\u00a0has launched the\u00a0<em>Africa Energy Series Special Report: Angola 2020<\/em>\u00a0as a resource for investors entering or expanding their presence in the country\u2019s energy sector.<\/p>\n<p>Available for free download on AOP\u2019s website, the report provides a concise look at Angola\u2019s investment opportunities still on track for development in the face of project delays caused by COVID-19.<\/p>\n<p>\u201cWhile COVID-19 continues to rattle our industry and stall energy developments across the continent, Angola boldly moves forward with a number of its large-scale, capital intensive projects, as explained in the\u00a0<em>Africa Energy Series Special Report: Angola 2020<\/em>,\u201d said AOP Acting CEO, James Chester. \u201cWhile the current investment climate remains challenging for the oil and gas industry, sufficient and sustained FDI is required across the energy supply chain to not only survive the crisis in 2020, but also overcome it in 2021.\u201d<\/p>\n<p>The report primarily focuses on upstream developments in Angola, including the 2020 oil and gas licensing round which, as of May 6, is still scheduled to take place; recent block extensions granted to major operators, including ExxonMobil, Chevron, and Total; the increase in the appraisal of estimated recoverable resources of ENI\u2019s Agogo discovery; the installation of the Lifua-A platform to support oil and gas exploration in Block 0; and the establishment of the New Gas Consortium that represents Angola\u2019s first upstream natural gas partnership.<\/p>\n<p>\u201cSpecial reports like this one serve as an important investment promotion and information dissemination tool, which we celebrate from the African Energy Chamber. AOP\u2019s presence in Angola, with the assistance of the African Energy Chamber, helps to promote the local oil and gas and energy sector via different means,\u201d notes Sergio Pugliese, President for Angola, African Energy Chamber.<\/p>\n<p>Within Angola\u2019s developing downstream industry, the report provides updates on the planned construction of natural gas and hydropower plants across the country; the refurbishment of the Luanda refinery to quadruple its current production; and the tender for the construction of new refineries in Cabinda, Lobito, and Soyo.<\/p>\n<p>The publication follows the recent announcement of a change in date to the Angola Oil &amp; Gas 2020 Conference &amp; Exhibition, which will now take place in Talatona from October 14-15. Under the theme \u201cAngola: African Investment Capital 2020,\u201d the conference returns for its second year to promote and attract FDI to the country\u2019s bankable projects and sign up new entrants to Angola\u2019s oil and gas sector.<\/p>\n<p>To download the\u00a0<em>Africa Energy Series Special Report: Angola 2020<\/em>\u00a0report, please click\u00a0<a href=\"https:\/\/www.africaoilandpower.com\/africa-energy-series\/aes-special-report-2020-angola\/\" target=\"_blank\" rel=\"noopener\">here.<\/a>\u00a0(<a href=\"https:\/\/bit.ly\/3ftJKTW\" target=\"_blank\" rel=\"noopener\">https:\/\/bit.ly\/3ftJKTW<\/a>)<\/p>\n<p><i>Distributed by APO Group on behalf of Africa Oil &amp; Power Conference.<\/i><br \/>\n<br \/><a href=\"https:\/\/africaoilandpower.africa-newsroom.com\/press\/investment-report-examines-angola-oil-and-gas-projects?lang=en\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Angola\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/angola\/\">Angola<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa Oil &amp; Power launched its\u00a0Africa Energy Series Special Report: Angola 2020\u00a0on Thursday; the available-for-download report provides the status of several investment projects in development in Angola, including its 2020 licensing round, construction of gas processing facilities in Soyo, and more; the publication follows the announcement of the new dates for the Angola Oil &amp; [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":188473,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[4262],"tags":[258,256,3941,4263,15488,7168,6018,257,4221,6039,5144,254],"class_list":["post-47725","post","type-post","status-publish","format-standard","has-post-thumbnail","category-angola","tag-africa","tag-africa-news","tag-angola","tag-angola-news","tag-examines","tag-gas","tag-investment","tag-news","tag-oil","tag-projects","tag-report","tag-south-africa-today"],"_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/47725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=47725"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/47725\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/188473"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=47725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=47725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=47725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}