Chevron is strengthening its presence in Angola by increasing investment in liquefied natural gas and offshore oil, supporting the country’s efforts to grow its hydrocarbon sector and diversify its economy.
The company is actively scaling up gas supply for the Angola LNG facility while exploring new offshore opportunities in deep waters.
Its local arm, Cabinda Gulf Oil Company, recently achieved a key milestone with the launch of gas output from the Sanha Lean Gas Connection project.
This achievement is set to improve gas delivery from offshore reserves to the Soyo power stations and the country’s only LNG plant.
An upcoming expansion phase will further raise the volume of gas processed, potentially doubling current supply levels.
At the same time, Chevron is breaking new ground with Angola’s first stand-alone gas project through development of the Quiluma and Maboqueiro fields.
The initiative, driven by a partnership of major industry players including Azule Energy, Sonangol E&P, and TotalEnergies, is expected to begin producing within the next couple of years.
Chevron is also deepening its offshore oil activities by signing new exploration contracts for high-potential blocks in the Lower Congo Basin.
These projects will build on the company’s long-standing operations in Angola’s upstream sector, highlighting its long-term strategy for growth.
Observers believe Chevron’s expanding investments could boost regional energy resilience and attract more global energy players to Angola.
source: apanews.net
African Energy Council