The Energy Year Angola 2023 Book Launch and Awards Ceremony

Angola

The Energy Year Angola 2023 report was launched at the Intercontinental Miramar in the Angolan capital of Luanda. This is the eighth consecutive edition of The Energy Year, formerly known as The Oil & Gas Year (TOGY), on Angola and its second edition on the nation under its rebranded series of The Energy Year reports.

The event was attended by National Oil, Gas and Biofuels Agency (ANPG) president Paulino Jerónimo as keynote speaker and exclusively sponsored by Nossa Seguros, one of the country’s leading insurance companies, and Grupo Simples, a 100% Angolan services provider for the oil and gas industry.

“The energy map of Africa has been redrawn. There are many countries that are producing oil or have recently discovered it. That means that there is more competition for the same number of operating companies. It’s always important to give incentives. Generating information on these incentives is essential in order to attract investors,” Paulino Jerónimo said in his speech.

Alexandre Carreira, CEO of Nossa Seguros, and Ruben Campos, commercial manager of Grupo Simples, both took the stage to deliver their remarks.

The Energy Year Angola 2023 highlights the African nation’s efforts and positive results in reversing its decline in oil production as drilling activities, bidding rounds and overall investments have experienced explosive growth throughout the past year, positioning Angola as a regional energy hub. Produced in partnership with the ANPG, the report offers a detailed picture of Angola’s energy scene under João Lourenço’s renewed administration, portraying the steps the country is taking to enhance its natural gas production, upgrade its refining capacity and cement its vast potential as a destination for renewable energy investments in the continent.

The edition features a special ‘Year’s Focus’ chapter on Angola’s energy financing evolution, highlighting the role of banks, financial institutions and insurance companies in facilitating growth and the participation of home-grown enterprises across the nation’s energy value chain.

The event also featured an Awards Ceremony, where The Energy Year’s team distributed nine awards honouring individuals, companies and projects for their exceptional contributions to the domestic market over the past year. ANPG president Paulino Jerónimowas selected as the Person of the Year for making an outstanding commitment to promoting transparency, spearheading multiple reforms and improving regulation of the Angolan oil and gas business environment.

Additional award winners recognised during the ceremony include:

• Somoil* – Exploration & Production Player of the Year
• Tubostrans – Indigenous Company of the Year
• Cabship – Local Content Champion of the Year
• Angola Environmental Serviços: NORM – Sustainability Project of the Year
• Mecwide – EPC Company of the Year
• Operatec: OMITC Academy – Training Initiative of the Year
• Azule Energy – Joint Venture of the Year
• Catoca Mining Society – Minerals Player of the Year