INSUBCONTINENT EXCLUSIVE:
The Angola Agency for Oil, Gas, and Biofuels (ANPG) selected nine companies for oil block management in the Lower Congo and Kwanza
regions.Additionally, five firms received non-operator roles
This follows a 2023 bidding process focusing on financial, technical, and ethical standards, forming four main groups for operation.Chosen
for management roles were Etu Energias, Sonangol, Serinus Energy, Walcot Limited, Acrep S.A., Grupo Simples Oil, Intank Group, Transoceanic,
(Photo Internet reproduction)The agency based its decisions on bid quality and partnership criteria, leading to immediate group
formation.Etu Energias is set to manage Block CON2, with Effimax Energy and Simples Oil assisting
It will also oversee Block CON8, alongside the same partners plus Enagol.Serinus Energy will lead Block KON13, with Effimax Energy and
Sonangol providing support.Acrep takes charge of Block KON19, with Afentra and Enagol assisting
Some blocks remain open for operatorship due to unsatisfactory bids or a lack of proposals.Specifically, Enagol showed interest in Blocks
CON7 and KON7, leaving room for additional participants.For Block KON15, Sonangol and Afentra step in, leaving a share for potential
fostering local and international collaborations for shared advancement.
