Sebastião GASPAR MARTINS

Chairman

SONANGOL

It is great to see new companies placing their trust in Angola’s upstream sector.
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Sonangol In Figures

Workers13,000

Subsidiaries and affiliated companies worldwide30

Sonangol – Sociedade Nacional de Combustíveis de Angola EP – is the Angolan state-owned oil company. Established in 1976, Sonangol is responsible for the exploration, production, manufacture, transport, and commercialisation of hydrocarbons in Angola. It performs its activities autonomously or in association with other national or foreign companies. Developing its business through 18 subsidiaries, Sonangol is an integrated oil and gas company. Under the 2019-2022 governmental Privatisation Programme, Sonangol has been undertaking an asset divestment strategy intended to make the company more efficient in exploration and production and diversified across the energy chain while encouraging private investments.

Headquartered in Luanda, Sonangol is a multinational company with more than 30 subsidiaries and affiliated companies worldwide. It is present in Brazil, Venezuela, Singapore, Hong Kong, Portugal and the UK. 

Main activities: the company’s primary operations revolve around prospection, research, development, production, transport, commercialisation, refining and transformation of liquid and gaseous hydrocarbons, as well as the supply, storage and distribution of their derivatives, including petrochemical activities. 

Current objectives:

  • Boost and intensify its activities for the replacement of reserves and increase hydrocarbons production in the medium/long term
  • Drive the development of a solid national industry to sustain and grow the oil sector
  • Increase the domestic production capacity of refined products to decrease Angola’s reliance on imports
  • Invest in human and technological capital to increase the company’s productivity. 
  • Develop local solutions for the production of alternative energy sources as part of the company’s energy transition strategy
  • Work sustainably

Sonangol Interviews and News

Angola's Luanda Refinery expands
Articles
Angola - November 18, 2022

Angola’s sole refinery has undergone a deep refurbishment to meet the country’s goals of becoming less dependent on imports…

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ExxonMobil strikes oil offshore Angola
NEWS
Angola - November 10, 2022

ExxonMobil and partners have made a discovery at the Bavuca Sul-1 exploration well in offshore Block 15 in Angola, the national hydrocarbons regulator National Oil, Gas…

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Positioning Angola as a bunkering hub TEY_post_Mauro_Carvalho
Interview
Angola - October 25, 2022

Mauro Carvalho, managing partner of FAMAR, talks to The Energy Year about how Angola is positioning itself to become a bunkering hub for transit ships and the…

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Trends in the bunkering sector TEY_post_-Sérgio-Paulo-dos-Santos-Silva
Interview
Angola - October 19, 2022

Sérgio Paulo dos Santos Silva, general manager of Grupo CH, talks to The Energy Year about trends in the bunkering sector and the company’s plans to increase their…

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Somoil CEO to attend African Energy Week
NEWS
Angola - October 14, 2022

Edson Rodrigues Dos Santos, CEO of Angola’s Somoil, will attend the African Energy Week 2022 conference and exhibition, to be held  from October 18-21, 2022, in Cape…

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solar Angola
Articles
Angola - October 12, 2022

Angola is currently developing several solar power projects that tie in to the country’s Angola Energy programme and its environmental commitments. Among current…

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McDermott wins EPSCI contract in Angola
NEWS
Angola - September 21, 2022

McDermott International has signed an EPSCI contract for subsea works on TotalEnergies’ Begonia project in Angola, the US engineering and construction provider…

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