The Oil & Gas Year Angola 2016 launch

The Oil & Gas Year Angola 2016 report was launched at the EPIC SANA Hotel in the Angolan capital of Luanda. The event was attended by Secretary of State for Oil Mr. Aníbal Silva and was exclusively sponsored by leading inspection and verification company SGS Angola.

The third edition of The Oil & Gas Year Angola brings focus to such key topics as the new foreign exchange regime applied to the oil sector, strategies to increasing production capacity, stimulating infrastructure development and driving sustainable growth, given the economic challenges that face the global energy sector. The book also dedicates a special chapter to the critical role enhanced local content regulations are likely to play in the country’s upstream oil and gas sector in the short and medium term.

At the ceremony, the team of The Oil & Gas Year distributed six awards honouring individuals, companies and projects for their exceptional contributions to the market over the past year. President of AECIPA Braulio De Brito was selected as the Person of the Year for his outstanding commitment to harnessing changes and improving regulations of the Angolan energy business environment. The Development of the Year award was presented to the new deep-water port under construction in Caio that represents a major logistic breakthrough for the country’s future oil and gas sector. For its $100 million investment in a new state-of-the-art facility in the northern region of Cabinda, Halliburton received the Investment of the Year award. Grupo Simples Oil was presented the award for Local Company of the Year, while Pumangol Industrial received the Downstream Project of the Year recognition for the company’s brand new conventional buoy system located next to the Fishing Port of Luanda. Lastly, the Local Content Performer of the Year award was distributed to the Angolan arm of leading global oilfield chemicals company Nalco.