Is Angola redefining its energy sector?

Currently, 92 percent of our workforce is Angolan," explains Bond. Like elsewhere in the world, the energy sector in Angola is also evolving to include more renewables and to reduce its carbon footprint. Angola's largest oil company Somoil, now 20 years old, is redefining itself. "There's clearly a shift to renewables. One is solar, solar exposure.

Is Angola an energy superpower?

Southern Africa's second-largest oil and gas producer, Angola aims to be an energy superpower with an array of renewables including solar, wind and hydropower. International giants like TotalEnergies and ExxonMobil have been in Angola for decades, welcoming Angola's stable government with streamlined regulatory and tax policies.

Who are the biggest energy companies in Angola?

International giants like TotalEnergies and ExxonMobil have been in Angola for decades, welcoming Angola's stable government with streamlined regulatory and tax policies. Along with the national producer Somoil, they are also developing renewable energies and cutting the carbon footprint of their petroleum production.

Who will build a 50 MW solar power plant in Angola?

The Italian company ENI signed a concession agreement with the government for the construction of a 50 MW solar plant in Namibe province, in southwestern Angola. The solar power plant will be constructed by Solenova, a joint venture between ENI and Angolan state-owned oil producer Sonangol.

Is there solar power in Angola?

Plenty of rivers in Angola," says Somoil CEO, Edson dos Santos. Total's Olivier Jouny also says the firm is aiming at a range of renewable power sources in Angola. "Here in Angola, we see in particular a very strong potential for solar power. We currently have a solar project in the town of Lubango, in Huila province, in the south of Angola.

Will Angola become the largest oil producer in southern Africa?

The International Energy Agency says Angola is set to become the largest crude oil producer in Southern Africa, with a foundation for renewable energy, through investments and supportive measures. TotalEnergies is the largest oil and gas producer in Angola, where the government is encouraging more investment to expand that production.