By ANPG
Angola’s upstream petroleum regulator ANPG is, with the E& P arm of the state hydrocarbon firm Sonangol, preparing the grounds for drilling and evaluation of Block KON11, in the Kwanza Onshore Basin, in Luanda, “with technical procedures in progress to guarantee the execution of the contract within the safety standards and respect for the environment required by the industry.
The execution of the operations of the Block, which had been inactive since 1996, is the responsibility of the consortium formed by Sonangol Pesquisa e Produção (with 30%), as operator, Brite’s Oil & Gas (with 25%), Grupo Simples Oil, and Atlas Petroleum Exploration Worldwide (which own 20% each), as well as Omega Risk Solutions Angola (with 5%). This concession was awarded under the 2020 Bid.
If the drilling shows positive results, the consortium will then proceed with the survey of geological and geophysical data (G&G), with the aim of improving the mapping of the Block’s structures, without jeopardizing the preliminary development aimed at restarting production.
The resumption of exploration activities in Block KON11 represents an important milestone for the Angolan oil industry, as it is the effective reactivation of operations in an onshore block without activity since the 90s, namely in the adverse context of the current global economic situation.
