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TOGY Angola 2014 Launch

TOGY Angola 2014 Launch

September 29, 2014

The Oil & Gas Year Angola 2014 energy report was launched at the Epic Sana Hotel in Luanda today. Administrator of Sonangol EP, Paulino Jeronimo, spoke at the event, which also included an awards ceremony. Sponsored by Sonangol, Banco de Fomento Angola and Siemens, the presentation of the second edition of The Oil & Gas Year series in Angola was also attended by Jean-Michel Lavergne, director general of Total E&P Angola, and Cobalt International Energy deputy general manager Antonio Vieira.

The launch event’s awards ceremony recognised the most outstanding companies and individuals operating in the Angolan oil and gas industry over the past year. Total E&P Angola received the award for Company of the Year following the start-up of its CLOV development and the sanctioning of its $16-billion Kaombo project in ultra-deepwater block 32. The ongoing and upcoming exploration and appraisal programmes in the country’s pre-salt Kwanza Basin also received significant attention, with Cobalt International Energy’s blocks 20 and 21 leading the way. Attention is similarly paid to the country’s offshore rig market, whose exponential growth has been inextricably linked to the rise in pre-salt activity. Paenal was awarded Fabrication Project of the Year for the fabrication and integration of the two largest ever wellhead platforms built in Angola.

Produced in partnership with PricewaterhouseCoopers, whose assurance partner Sarju Raikundalia spoke at the event, The Oil & Gas Year Angola 2014 highlights recent successes of in-country fabrication. In an effort to give this topic a special platform, TOGY’s energy report examines the continued Angolanisation efforts and recent milestones stemming from both the public and private sectors in the field of fabrication. A special chapter, as well as a strategic roundtable featuring key industry stakeholders, helped to bring this most pressing topic to the forefront.