ExxonMobil, through its Managing Director for Angola, Katrina Fisher, discussed the company’s frontier exploration drilling in the Namibe Basin and the successful redevelopment of offshore Block 15 during an on-stage interview at Angola Oil & Gas 2024.
“We partnered with Azule Energy, Equinor, and Sonangol to undertake an 18-well program. Our strong collaboration resulted in two discoveries during this program: Bavuca South-1 and Likembe-01. Additionally, we are drilling a frontier well in Namibe,” stated Fisher.
According to Fisher, ExxonMobil’s production has increased by 30%, and the company has produced 2.6 billion cumulative barrels from Block 15 alone.
Local content was also positioned at the forefront of discussions. Out of 500 employees in-country, 90% of Exxon’s workforce is Angolan, and 70% of the leadership team is Angolan. ExxonMobil also places a strong emphasis on gender diversity and inclusion, with women making up 25% of its Angolan workforce, exceeding the industry average.
“Our focus is on establishing a framework for mentoring and advocacy, along with policies that support women throughout their careers. We aim to provide roadmaps, role models, and support systems to ensure women’s success,” she stated.
