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Energy

Angola Oil&Gas 2023 officially presented in Luanda

The Angola Oil & Gas (AOG) conference and exhibition was officially presented in Luanda by the organizer of the event, Energy Capital & Power (ECP) and the Ministry of Mineral Resources, Oil and Gas, in a session that also included partners from this event where include the National Agency for Petroleum, Gas and Biofuels (ANPG), the Regulatory Institute for Petroleum Derivatives (IRDP) and the national oil company, Sonangol.

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The event was attended by representatives of the main stakeholders from the public and private sectors in the petroleum area, and served to start the official preparations for the 2023 edition of the conference. AOG 2023 partners include the African Chamber of Energy, the Association of Oil Companies of Angola, Rystad Energia, Linhas Aéreas Etíopes, UK-Angola Connect, Centurion Law Group, LELLO Internacional and Cunha Vaz e Associados.

As the sector's official oil and gas platform in Angola, AOG 2023 will be held under the theme "Energy Security, Decarbonization and Sustainable Development", bringing together in Luanda, from 13 to 14 September, oil ministers from countries from the region, global investors, entrepreneurs and project developers in this area, as well as companies from the public and private sectors who will discuss and debate the most urgent matters of the country's oil industry in order to build a future based on the sustainable development of oil and gas.

AOG 2023 also wants to build on the success of the three previous editions in order to boost new investment flows in the growing economy. The event includes several panel discussions, investor summits and market-focused presentations, covering the entire oil and gas sector and its value chain, in line with national efforts to position the country as a regional oil hub.

"This year, we anticipate that AOG will grow exponentially with participation from over 40 countries. AOG represents an excellent opportunity for investors to learn more about the potential of Angola's oil and gas sector, as well as the government policies and regulations that define it", says Sérgio Pugliese, president of the African Chamber of Energy-Angola.

Dedicated upstream panels will explore and publicize the progress made by E&P companies in high potential basins, including the Kwanza, Namibe and Lower Congo. Updates will be provided by companies such as TotalEnergies, Afentra – who have recently made two major acquisitions in Block 3/05 and 3/05 - Azule Energy, ENI and many others. And on the eve of launching a new licensing round, ANPG will present investment opportunities and the competitiveness of the national offshore market.

Another relevant point is Angola's focus on regional connectivity and refining, which will lead the discussions to focus on intra-African trade, infrastructure progress and industrialization, with a group of protagonists in the sector leading the dialogue on the future of Angola as a regional processing centre.

With regard to gas, AOG 2023 will include dedicated sessions for this sector with speakers who will highlight the role that natural gas will continue to play in promoting sustainable economic growth in Africa. Projects such as the installation of Liquefied Natural Gas in Angola, the Quiluma/Maboqueiro gas fields, the Cameia-Golfinho developments, among others, will be the subject of specific presentations while high-level speakers will detail the country's efforts to reinforce the monetization of gas and energy security through the use of gas for energy production.

Aligned with national renewable energy targets, AOG 2023 is also a platform for stakeholders in green energy to sign agreements and initiate development of new projects in the areas of solar energy, wind energy and green hydrogen. Updates will be provided on projects such as the Quilemba solar station, the 960 MW Cambambe I and 700 MW Cambambe II facilities, the Laúca hydroelectric facility, and others that are now entering the development phase.

AOG 2023 thus intends to constitute the main meeting of the Angolan oil and gas sector. Taking place from the 13th to the 14th of September, the various stakeholders, regional and global, will meet in the capital under the theme "Energy Security, Decarbonisation and Sustainable Development".

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