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Energy

Namibe oil blocks already have investors interested in exploration

The 10 Namibe oil blocks already have some investors interested in moving forward with their exploration, according to the National Petroleum, Gas and Biofuels Agency (ANPG) revealed this Wednesday.

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Hélder Lombo, head of ANPG's Negotiations Department, made it known that six bids have already been submitted for sharing contracts, production and direct negotiation of the blocks.

According to the responsible, Sonangol Pesquisa e Produção presented a proposal for block 27, ENI with the company Tip Top showed interest in exploring block 28 and Total, through a consortium formed by Equinor, Petronas and Sonangol, Pesquisa e Produção, presented a proposal for block 29.

Cited by Angop, Hélder Lombo, who spoke during a training action for journalists about bidding, which took place this Wednesday by videoconference, informed also that Exxonmobil, through direct negotiation, has already signed contracts to explore blocks 30, 44 and 45.

As part of the general strategy for the award of oil concessions for 2019/2025, ANPG has in its hands a total of 56 blocks to proceed with bidding.

In the ANPG's plans for this year was the opening of the tender for the onshore blocks of the Congo and Kwanza basin. However, the tender had to be put on hold due to the covid-19 pandemic, but also due to technical issues regarding the decree published in 2019 prohibiting activities in the country's national reserves.

Since some of the blocks in this land basin are located within or within the limits of nature reserves, it is not possible to proceed with their exploitation for the time being. For this reason, ANPG is trying to find a solution to this impasse.

"So far given the tender has not been published, but it is on track and at any moment there will be a bidding process", indicated Kialunga Martins, also responsible for the ANGP negotiation group. However, the responsible has not revealed what is being done to get around the problem.

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