There has been continuous hydrocarbon exploration and production activities in Angola since 1955. Recently, exploration activity has seen rejuvenation, driven by economic recovery and a renewed investment focus onto the deep exploration activity driven by economic recovery and a renewed investment focus onto the deep offshore where most undiscovered resources are located. Various levels of exploration maturity exist across different basins in Angola. For instance, the onshore, shallow water and deep-water Lower Congo Basin are mature. These basins contribute almost all of Angola’s hydrocarbon production. Meanwhile, the deep-water Kwanza Basin is moderately explored. The recent FID will be the first production for the offshore Kwanza Basin. Despite successful exploration and production in Lower Congo and Kwanza basins, a large portion of Angola – mainly the Namibe Basin – remains frontier. However, it has promising hydrocarbon potential.
We require innovation in technology and integration across various geoscience disciplines to solve subsurface challenges. Thus, these efforts result in successful exploration campaigns in these basins. The symposium will focus on maximising the resource potential of these basins through geoscience. It will also emphasize integration of multidomain data to overcome exploration-based challenges. Lessons learned from analogue basins along the conjugate African and South American margins will inform many new exploration strategies. Furthermore, there are emerging projects in sustainable energy such as solar and hydrogen. These projects have the potential to reshape Angola’s energy and economic landscape.
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