"Modular approaches to gas monetization are becoming more prevalent due to the inefficiency of large-scale projects in regions with limited industrial infrastructure."
"We are committed to becoming a major independent energy producer. This goal drives us to explore new opportunities and monetize the existing gas reserves in the Cabinda South Block."
"We are optimistic about the future of the energy industry in Nigeria, particularly recognizing gas as the transition fuel towards a lower-carbon environment."
CEO, SONANGOL REFINING & PETROCHEMICAL COMPANY (SONAREF)
"Sonaref is spearheading three major refining projects: the Cabinda Oil Refinery, the Soyo Refinery, and the Lobito Refinery, which aim to increase our total refining capacity to 425,000 bpd."
"Oil production in Angola has been on a declining trend over the past few years, but our discoveries have bucked this trend with the company’s production increasing by 30% from 2022 to 2024."
This pre-release, containing insights from executives across leading African upstream, downstream, financing, and service providers, spotlights developments in local capabilities, infrastructure, and new projects that are driving change in some of Africa's most interesting oil and gas producing countries.