The Angola Oil&& Gas (AOG) seminar and event– happening from October 2-3 in Luanda– will certainly include a pre-conference technological program on October 1, providing understandings right into arising fads and chances in Angola’s oil and gas market. Information solution business TGS will certainly lead a workshop throughout the technological program on the prospectivity of the Kwanza Container, giving first-hand understanding right into chances for restoring manufacturing onshore Angola.
The Kwanza Container provides untapped possibility in several play kinds, favorable above-ground qualities and the opportunity for high-impact, fast-track returns. Thus, the TGS workshop will certainly provide technological understanding right into the underexplored container. Entitled Maximizing Angola’s Onshore Prospective: Kwanza Container Prospectivity Summary, the workshop will certainly be led by TGS’ Elderly BDM: Africa Jevon Hilder and Supervisor of Organization Advancement: Africa, Mediterranean&& Center East, Jason Robinson.
AOG is the biggest oil and gas occasion in Angola. Accompanying the complete assistance of the Ministry of Mineral Resources, Oil and Gas; nationwide oil business Sonangol; the National Oil, Gas and Biofuels Company; the African Power Chamber; and the Oil Derivatives Regulatory Institute, the occasion is a system to authorize offers and advancement Angola’s oil and gas market. To fund or take part as a delegate, please call sales@energycapitalpower.com.
Angola is driving a rebirth throughout its onshore oil and gas market, with monetary motivations, targeted licensing rounds and untapped prospective bring in E&P business to purchase untaught blocks. The nation’s latest quote round, a 12-block tender covering property in the onshore Reduced Congo and Kwanza Basins, safeguarded 53 proposals from business, with 5 blocks granted and 7 still offered. With a 2025 licensing round on the cards for following year, Angola’s onshore market is anticipated to witness a fresh wave of financial investment.
While the majority of the nation’s oil is created offshore, Angola’s onshore obstructs deal critical financial investment chances for gamers. Positioned close to onshore facilities– such as the Kwanza Terminal and Pipe Routes Task and regional refineries -, conveniently available to intake markets and standing for a frontier market, possessions such as the Kwanza container are specifically possible. The Kwanza container is anticipated to see manufacturing return to in the coming months after a three-decade respite. In 2023, power business Corcel made an exploration at the KON-11 block, with the TO-14 well verifying the existence of hydrocarbons. KON-11 can have as long as 65 million barrels of possible oil sources.
What makes the onshore Kwanza container so appealing is its wide range of comprehensive, premium information collections. Early expedition de-risked tried and tested pre- and post-salt oil plays and the container currently provides easily accessible yet affordable chances for E&P companies. These information collections were upgraded in 2010 and 2011 when 2,581 kilometres of premium 2D seismic information was obtained– appointed by NOC Sonangol. Seismic information in tandem with previous expedition results highlight the Kwanza container as a first-rate oil play that has actually been dramatically underexplored.
Entering this image, the TGS-led workshop at AOG 2024 will certainly unload the critical chances of this underexplored yet confirmed onshore play. Participants will certainly discover the setup, background and offered information of the Kwanza Container, together with its chances and obstacles. The workshop will certainly cover targets and leads, imaging obstacles and the functional setting. More information needs and improvements, such as reprocessing, well information replacing and suitable information procurement, will certainly additionally be talked about. The session will certainly finish with an extensive introduction of why the Kwanza Container is a prime prospect for onshore expedition.
Do not miss this possibility to obtain critical understandings from market professionals Hilder and Robinson and discover the possibility of Angola’s onshore oil and gas market. To sign up for the workshop and the AOG seminar, see or call us at sales@energycapitalpower.com. Accessibility the pre-conference technological program below https://apo-opa.co/4fqAyyK.
Dispersed by APO Team in support of Power Resources&& Power.
