Ver Angola

Energy

Luanda hosts the fifth edition of the Angola Oil & Gas Summit in October

The Angola Oil & Gas Summit (AOG) will return to Angola in October this year. This, which will be its fifth edition, will take place at the Centro de Convenções de Talatona, in Luanda, between the 2nd and 4th of October, announced Energy Capital & Power (ECP).

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"Bringing together global financiers, high-profile project developers and key players in the Angolan and global energy landscape, the AOG conference and exhibition takes place with the full support of the Ministry of Mineral Resources, Oil and Gas; national oil company (NOC) Sonangol; the National Oil, Gas and Biofuels Agency (ANPG), the African Energy Chamber, the Petroleum Derivatives Regulatory Institute (IRDP), as well as the main actors in the private sector", informs the ECP, in a statement sent to VerAngola.

Counting on the support of "important players in the sector", including the Association of Petroleum Services Companies of Angola, the United Kingdom-Angola Chamber of Commerce, the US-Angola Chamber of Commerce, the Association of Autochthonous Companies for Angola's Oil Industry, Sonangol, Eni, TotalEnergies, Chevron, Exxon, Etu Energias and Azule Energy, AOG stands out "as the official platform where issues related to oil and gas in Angola are discussed and optimized, as well as investment opportunities".

For this year's edition, Sergio Pugliese, president of the African Energy Chamber in Angola, said that the company "is pleased to endorse" the aforementioned conference: "The African Energy Chamber is pleased to endorse this conference and work with ECP in this edition of AOG. We thank the country's leadership for its ongoing commitment to improving the operating environment for local and international investors in Angola's oil and gas sector. The announcement of multiple drilling campaigns scheduled to take place this year and next points to a positive industry response to government reforms".

In turn, Devi Paulsen, CEO of ECP, considered that this year's edition "will be bigger".

"Expanding on the success of previous editions, AOG 2024 will be bigger and better by bringing together sector leaders and promoting collaboration for a more resilient oil and gas landscape in Angola," he said, quoted in the statement.

"As one of Africa's leading oil producers, boasting an impressive production of over 1.1 million barrels per day (bpd), Angola has earned a reputation as an easily accessible and attractive investment destination," reads the note, which adds that the country "is the second largest oil producer in Africa and one of the fastest growing gas markets on the continent".

The Angolan energy sector "is ripe for investment", and the AOG 2024 conference and exhibition will serve "as a bridge that connects foreign companies and their Angolan counterparts".

"Building on and expanding the discussions and agreements signed at the 2023 event – seven agreements in total – the 2024 conference promises new opportunities for engagement and investment," the note further adds.

Last year, the event welcomed 2213 delegates from the sector from 41 countries, along with 389 global companies, having provided a "dynamic platform for exploring and taking advantage of investment and partnership opportunities within Angola's prosperous energy value chain".

 

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