Ver Angola

Energy

Somoil increased production to 17,000 barrels of oil daily

In two years, Somoil's oil production has nearly doubled: between 2020 and 2022, production went from eight to 17,000 barrels a day. According to the chairman of the company's Executive Board, Edson Rodrigues dos Santos, this increase is the result of the investment that has been made in recent years in drilling and new technologies.

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Cited by Jornal de Angola, the official indicated that the expansion of oil production in deep waters is part of the company's plans, which for now operates in block 2/05 (shallow waters) and FS&FST (onshore).

Thus, he informed that Somoil is working with Total Energies to enter block 14: "We are working with the company Total Energies for the entry of Somoil in block 14".

"In addition, we want to be present in other blocks, such as 31 and 32, which are operated by Total Energies and BP," he added.

Among the company's objectives, he said, is the ambition to become the largest Angolan private oil company in onshore oil exploration, offshore in shallow, deep and ultra-deep waters, writes the same newspaper.

In addition to expanding oil production, the company's ambitions also include expanding the chain of service stations in the country, where it is currently present in Caxito, Luanda and Soyo.

"We want to have approximately 50 networks of gas stations across the country. Solar energy is also part of the bet, because with renewable energies, we want to reach the consumer's home. In addition to selling diesel and gasoline, the supply will also be made for electric cars. All the energy at a Somoil station will be from solar energy", he said quoted by Jornal de Angola, adding that the stations will also include convenience stores, service stations and restaurants.

The official also indicated that for now Somoil employs 300 people, but that number could grow with the enlargement of new production holes.

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