All publications by tag «ANGOLA»
IMF - The oil endowment allowed Angola to rebuild critical infrastructure, and progress has also been achieved in reducing poverty. Still, much remains to be done to reduce the economy’s dependence on oil and its vulnerability to oil price fluctuations so that enough resources can be made available to improve living standards for all the Angolan people.
THE LOCAL FRANCE - Angola and French oil giant Total formally launched a major new offshore oil project Saturday to aid the country's economy that plunged into crisis following oil price dips in 2014.
PLATTS - Angola's crude oil exports rebounded to a four-month high of 1.63 mil b/d in June even as the OPEC member struggles to arrest declines at some of its ageing deepwater oil fields, finance ministry data showed.
Oil & gas output from ultra-deepwater (>1,000m water depth) fields will continue the relentless growth seen in recent years. In the latest World Drilling & Production Forecast, Douglas-Westwood predict combined oil & gas production from such fields will grow 7.7% year-on-year over 2015-2021 from 6.5 mboe/d to 10.2 mboe/d.
Total has achieved the significant milestone of producing a cumulative two billion barrels from its operated deep offshore Block 17 located 150 km off the coast of Angola. With the recent start up of CLOV, Block 17 has become Total’s most prolific site with production of over 700,000 barrels per day.
Chevron vows to use 'lessons learned' after Angola LNG missteps
Norway's Statoil hit by dry wells off Angola, U.S. Gulf
Total to Drill Offshore Angola, South Africa After Clov Starts
Vast oil reserves have boosted economic growth but the wealth remains concentrated among the elite
TOTAL TO DEVELOP ULTRA-DEEP KAOMBO PROJECT IN ANGOLA