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Angola Oil & Gas (AOG) 2025: Energy Majors Commit Billions for Angolan Projects

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Energy

Delivering welcome addresses at the Angola Oil & Gas Conference and Exhibition, energy majors bp, Eni and TotalEnergies reiterated their commitment to driving oil and gas production

LUANDA, Angola, September 5, 2025/APO Group/ –Energy majors bp, Eni and TotalEnergies committed billions for Angolan projects during the opening ceremony of the Angola Oil & Gas Conference and Exhibition – that took place in Luanda on Wednesday, 3 September. The event is held on the eve of Angola’s 50 years of independence, offering an opportunity for reflection as well as renewed commitment to the growth of the country’s hydrocarbon economy.

 

Eni announced plans by Azule Energy – an Eni-bp joint venture – to invest $5 billion in the market over the next several years while TotalEnergies shared plans to invest $3 billion through its Dalia Life Extension project. These commitments come as the country strengthens its fiscals with the aim of supporting production growth.

“Since its inception, Azule Energy has invested more than $5 billion in Angola, and during the next few years, we plan to invest an additional $5 billion,” stated Claudio Descalzi, CEO, Eni.

Both Eni and bp have played an instrumental role in positioning Angola as one of Africa’s biggest oil and gas producers over the last 50 years, with offshore projects spanning deepwater exploration, offshore production and inland infrastructure. Now, through their joint venture company Azule Energy, the companies are shaping the next 50 years of development, targeting greater production and local content development.

We are advancing the New Gas Consortium project – featuring the Q&M fields – which represents the country’s first non-associated gas project

“We are advancing the New Gas Consortium project – featuring the Q&M fields – which represents the country’s first non-associated gas project. In addition, Azule’s recent gas discovery, will make even more resources available for the country’s growth and prosperity as well as economic diversification through gas utilization. As Angola turns towards its next 50 years, Eni is honored to continue this journey by your side,” Descalzi added.

The year 2025 was a major year for Azule Energy, with the company announcing first production at the Agogo Integrated West Hub Development in July 2025. The project, comprising the full field development phase of two fields, has a production capacity of 175,000 bpd.

“Five weeks ago, we saw first oil from the Agogo FPSO. It was a complex project – state of the art and fully electrified. Azule has lifted 30,000 tons of equipment onto the vessel Despite this complexity, the team achieved project startup almost one year ahead of schedule. At peak, we expect production to reach 175,000 bpd, helping Angola maintain its one million bpd target. Azule is a company that seeks to make a lasting contribution to the Angolan society,” stated Murray Auchincloss, CEO, bp.

As one of the country’s biggest producers, TotalEnergies continues to make strides towards enhancing Angolan crude production through major offshore projects. In 2025, the company brought two major projects online, adding 60,000 bpd to the market. Situated in Block 17 and Block 17/06 respectively, the CLOV Phase 3 Development and Begonia oilfields were developed in close collaboration with leading industry players. The Begonia project is also the first inter-block development in Angola.

“This year has been special for us. We achieved key milestones such as the startup of the Begonia and CLOV phase 3 development – adding 60,000 bpd. We started the construction of the Kaminho FPSO which is opening up a brand-new basin in Angola. That is a $6 billion investment. We have sanctioned the Dalia life extension project – part of the Incremental Production Initiative. We have committed about $3 billion for that development,” stated Mike Sangster, Senior Vice President: Africa, TotalEnergies.

These billion-dollar commitments underscore that the majors are here to stay in Angola, a testament to the country’s flexible and attractive investment climate. From multi-year licensing rounds to blocks available on direct negotiation to marginal fields and incremental production, Angola has positioned itself as a competitive oil and gas market.

“Over the last few years, Angola has been focused on reforms, reforms that have transformed the economy and its people. People that drive the next generation and drive the next 50 years. As we build, we look at what these reforms mean for the next 50 years. We cannot hold back on driving oil for the future of this country. We will drill, baby drill,” opened NJ Ayuk, Executive Chairman, African Energy Chamber.

Distributed by APO Group on behalf of Energy Capital & Power.

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Aurionpro expands its multi-country transaction banking engagement with Diamond Trust Bank (DTB)

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Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers

MUMBAI, India, April 30, 2026/APO Group/ –Aurionpro Solutions Limited (www.AurionPro.com) (BSE: 532668 | NSE: AURIONPRO)a global leader in banking technology, announced the expansion and upgrade of its transaction banking engagement with Diamond Trust Bank (DTB), to modernize and enhance the bank’s corporate transaction banking capabilities across multiple countries.

Download Document: https://apo-opa.co/4edHUaC

This multi-country transaction banking upgrade covering Kenya, Uganda, and Tanzania aligns with DTB’s intent to enhance customer experience, streamline operations, and support growing transaction volumes as it expands its regional corporate banking footprint. DTB continues to focus on building a more agile, ‘digital-first’ banking experience, particularly around payments for its corporate customers across Africa, and is now well positioned to scale these capabilities. As part of its broader transformation agenda, the bank has been steadily investing in platforms that enhance scale, reliability, and service consistency across markets.

Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility

Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers. By enabling DTB to standardize and scale its transaction banking operations across countries, the platform ensures consistent service levels, stronger control, and improved efficiency. It also supports enhanced user experience, advanced security, and the flexibility to introduce new features as DTB expands its regional transaction banking footprint.

Murali Natarajan (https://apo-opa.co/48trPdk), Managing Director & CEO, DTB Kenya   commented: “We are delighted to strengthen and broaden our partnership with Aurionpro Solutions as part of DTB’s ongoing digital transformation journey across multiple markets. Our focus on innovation, operational excellence, and customer-centricity continues to guide our technology investments. This upgrade strengthens our transaction banking capabilities, enabling us to deliver greater value to our customers through robust digital channels and seamlessly integrated experiences.”

Ashish Rai, Group CEO, Aurionpro Solutions, commented: “We are pleased to deepen our multi-country engagement with Diamond Trust Bank and support the next phase of its transaction banking modernization. As DTB continues to scale across markets, platform resilience and consistency become paramount. Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility, deliver superior experiences to corporate customers, and create long-term value across geographies.”

He added, “Aurionpro’s iCashpro lays a strong digital foundation for transaction & wholesale banks across the globe to grow their corporate and SME client portfolio today, while creating a clear roadmap for next- generation capabilities in AI-driven insights, advanced automation and API-led connectivity for businesses in Kenya and across Africa.”

Distributed by APO Group on behalf of Aurionpro Solutions Ltd.

 

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Minerals Council Chief Executive Officer (CEO) Joins African Mining Week (AMW) as South Africa Improves Sectorial Investment Climate

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Minerals Council CEO to share insights on policy, infrastructure and investment trends shaping South Africa’s mining industry

CAPE TOWN, South Africa, April 30, 2026/APO Group/ –The upcoming African Mining Week (AMW) conference will feature Mzila Mthenjane, CEO of the Minerals Council of South Africa, as a speaker. Scheduled for October 14 – 16, 2026 in Cape Town, the event will bring together global investors, policymakers and industry leaders, with Mthenjane’s participation highlighting the council’s commitment to engaging international stakeholders and promoting investment across South Africa’s mining sector.

His participation comes at a critical moment as the Minerals Council works closely with government on finalizing the Mineral Resources Development Bill 2025, a policy framework aimed at strengthening the country’s mining investment climate and the sector’s contribution to GDP. According to the council, the revised legislation will support new investment across the value chain as South Africa seeks to mobilize R2 trillion over the next five years to unlock its critical minerals potential.

The policy reforms come amid shifting production trends in the sector. In 2025, South Africa recorded declines in gold and platinum group metals output of 1.9% and 4.1%, respectively. The new regulatory framework is expected to strengthen public-private partnerships and stimulate investment, enabling South Africa to increase production and capitalize on strong global commodity prices. Increased private sector investments is crucial with South Africa seeking targeting to unlock an estimated R40 trillion in untapped iron ore potential as well as maintain its position as the world’s leading producer of chrome and manganese.

At AMW 2026, Mthenjane is expected to outline these trends, providing insights into how the council is contributing to addressing challenges disrupting the sector. Infrastructure and energy costs remain key concerns for industry players. To support the energy-intensive sector, South Africa approved a 35% reduction in electricity tariffs for major ferrochrome producers, helping stabilize an industry that has faced significant cost pressures after electricity prices surged by roughly 900% since 2008.

Logistics constraints are also a priority area for reform. South Africa’s economy is losing an estimated R1 billion per day due to inefficiencies across rail and port infrastructure. As a result, the government is considering measures supported by the Minerals Council to increase private sector participation in logistics. Planned reforms include rail modernization initiatives targeting 250 million tons of freight capacity by 2029, alongside port upgrades and private operator participation aimed at strengthening mineral exports and improving supply chain efficiency.

Beyond infrastructure and policy reforms, the Minerals Council is advocating for stronger exploration investment to support long-term industry growth.

At AMW, Mthenjane is expected to highlight these developments and outline the steps required to reinforce South Africa’s position in the global minerals supply chain. His insights will offer investors and stakeholders a timely perspective on opportunities within the country’s mining sector.

Distributed by APO Group on behalf of Energy Capital & Power.

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Seychelles Targets Energy Investment Push as Minister Jérémie Joins African Energy Week (AEW) 2026 as a Speaker

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African Energy Chamber

Seychelles energy minister will speak at AEW 2026, positioning her to highlight reforms, renewable projects and investment opportunities as the island nation advances its transition toward a diversified energy system

CAPE TOWN, South Africa, April 29, 2026/APO Group/ –Marie-May Jérémie, Minister of Environment, Climate, Energy and Natural Resources for Seychelles will participate as a speaker at this year’s African Energy Week (AEW) 2026, taking place from October 12–16 in Cape Town. Her participation underscores the country’s growing role in shaping Africa’s small-island energy transition agenda.

Minister Jérémie’s presence at AEW 2026 comes at a critical time as Seychelles accelerates efforts to reduce its heavy reliance on imported fossil fuels. The event provides a platform to attract investment, strengthen policy alignment and showcase bankable projects, positioning the country as a viable destination for private-sector participation in island energy systems.

Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments

In May last year, international finance institution the World Bank approved the Renewable Energy Acceleration Program, a seven-year initiative aimed at modernizing the grid and increasing renewable energy penetration to 15% by 2030. The program focuses on unlocking private capital while strengthening transmission infrastructure to accommodate variable renewable energy sources.

Project development is gaining traction in the country, particularly in innovative technologies suited to Seychelles’ land constraints. The 5.8 MW Seysun Lagoon floating solar PV project, developed by independent renewable power producer Qair, is under construction and expected online in 2026.

Alongside renewables, Seychelles continues to pursue upstream opportunities to diversify its economy. The government approved new exploration entrants in 2025 and extended exiting petroleum agreements, while securing an infrastructure partnership with China. Multilateral estimates suggest over $800 million in investment will be required over the next 25 years.

Regulatory reform is central to this transition, with Seychelles introducing an independent power producer framework to open the market to private developers. Standardized power purchase agreements, grid access reforms and strengthened public-private partnership structures are being implemented to improve transparency, reduce risk and accelerate project bankability across solar, storage and emerging wind opportunities.

“Minister Jérémie’s participation highlights the strategic importance of island nations in Africa’s broader energy transition,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments. Her insights will be critical to advancing dialogue on resilient, low-carbon energy systems across the continent.”

Distributed by APO Group on behalf of African Energy Chamber.

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