"At AOG 2021, Equinor Executive Leaders Paul McCafferty, Vice President, International Exploration and Production for Africa, and Nina Koch, Equinor Angola's managing director, will share essential information on Equinor's experience in exploration projects and production in the Angolan oil industry", reads a note sent to Lusa.
In the statement, it added that these two leaders of the company Equinor, formerly known as Statoil, are expected to hold "deep discussions on offshore oil production fields in Angola and deepen investment needs for the oil industry on the African continent."
The conference, scheduled for 9 and 10 September at the Talatona Convention Center in Luanda, will serve as a stage for the Norwegian oil company's two directors to conduct "critical debates that will build on Equinor's 30 years of experience in the oil and gas industry. gas from Angola, the biggest contributor to the company's oil production outside of Norway."
"Companies like Equinor demonstrate Angola's ability to continue to attract investment in the energy industry and we are excited to have Equinor's executive team at AOG 2021 to share their valuable experience in this crucial market in Africa," says João Gaspar Marques, director of International Conferences for Energy Capital and Power (ECP), the organizer of the AOG 2021 conference.
Of the 364 million barrels of proven reserves in 31 fields in Africa, 26 are in Angola, with "new fields to be explored that will position Angola as an international growth market for Equinor", concludes the statement, which recalls that Equinor is committed to continuing to invest in the country "in the next 25 years".
In 2016, the oil company was called to the office of Norwegian authorities investigating corrupt practices to explain payments of nearly US$50 million, made in the previous four years, to Sonangol as part of funding for the construction of a research and development centre, whose construction has not progressed.
