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Fuelling Angola's growth PDF

52 Pages·2015·5.06 MB·English
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Universo S O N A N G O L U N IV E R S O ISSUE 47 | SEPTEMBER 2015 www.universo-magazine.com Fuelling Angola’s growth ISS EDUCATION UPSTREAM SPORT U E 4 7 – GEOLOGY: TOTAL: NUMBER RIDING HIGH: S E PT THE NEW HOT ONE INTERNATIONAL ANGOLA’S E M B E SUBJECT OIL COMPANY SHOWJUMPING R 2 0 1 5 Shutterstock OVERVIEW Universo is the international magazine of Sonangol President Francisco de Lemos José Maria Executive administrators: Anabela Soares de Brito da Fonseca, Ana Joaquina Van-Dúnem Alves da Costa, Fernandes Gaspar Bernardo Mateus, Fernando Joaquim Roberto, Mateus Sebastião Francisco Neto, Paulino Fernando Carvalho Jerónimo Non-executive administrators: Albina Assis Africano, José Gime, André Lelo, José Paiva Sonangol Department for CommMautneiucast Ciornis &tó Ivmãoa gBee DnziraectorShutterstock ANGOLA’S NATURAL Corporate Communications Assistants Nadiejda Santos, Paula Almeida, Hélder Sirgado, Kimesso Kissoka RESOURCES: ITS PEOPLE Publisher: Sheila O’Callaghan Editor: John Kolodziejski W hile oil is by far Angola’s most important sector, Managing Editor: Mauro Perillo Art Director: Tony Hill the current low price of the commodity has added Sub Editor: Brian MacReamoinn urgency to the need to diversify the economy. Proofreading: Gail Nelson-Bonebrake Moves to exploit the country’s other resources are now Circulation & Production Manager: Matthew Alexander underway with an ambitious national geological plan, Planageo, Production Assistant: Sebnem Brown in the forefront. Angola has 38 of the world’s 50 most important Project Consultant: Nathalie MacCarthy minerals, including gold, copper and iron, and could shortly Group President: John Charles Gasser become self-sufficient in phosphate fertilisers. Possession of natural resources does not, however, automatically make a nation wealthy. Countries with such potential may be very poor, while others with few assets, Universo is produced by Impact Media Custom Publishing. The views expressed in the publication are not necessarily such as Singapore and Japan, whose wealth is based on the those of Sonangol or the publishers. Reproduction in whole quality and organisation of their human resources, may be or in part without prior permission is prohibited. extremely prosperous. This magazine is distributed to a closed circulation. Fortunately Angola has a relatively large number of qualified To receive a free copy: and highly-experienced geologists, especially in the area of oil [email protected] Circulation: 15,000 (see page 12), but also in diamond mining. They are, thanks to their transferable skills, in a position to take up senior posts in Davenport House, 16 Pepper Street, London E14 9RP United Kingdom enterprises seeking to develop new mineral riches. Tel + 44 20 7510 9595 | Fax +44 20 7510 9596 If the world’s most favoured economies are those which [email protected] www.universo-magazine.com marry an educated population with abundant natural reserves, www.sonangol.co.ao then Angola is on the right path to achieving this goal. [email protected] Front cover: Kos tadin Luchansky John Kolodziejski Universo is printed on FSC approved stock Editor 2 SONANGOL UNIVERSO CONTENTS Shutterstock 4 3 NEWS BRIEFING A roundup of national and international news concerning Sonangol and Angola 4 12 3H owS aTnUdD wYhINy GA nRgOoClaK’sS oil geologists are increasingly in demand. Shutterstock Universo looks at this fascinating profession 22 3 FILLING UP ANGOLA 12 T he remarkable expansion of Angola’s petrol station network Brazuk Ltd. 28 3 SONANGOL WINS GOLD AGAIN AT FILDA S onangol has another success at Luanda’s international fair 22 32 3 TOTAL: ANGOLA AND AFRICA’S NUMBER ONE 4 0 To pheer iantsiopnirsa itnio Annalg ostloary of the French multinational’s innovative Photo courtesy of TOTAL E&P Angola © Kostadin Luchansky 3 HALLIBURTON OPENS NEW ANGOLA FACILITY 32 A ll the details on the company’s new multimillion-dollar upstream support base in Cabinda province 44 3 JUMPING FOR JOY Angola’s surprising progress in the world of international showjumping 44 50 3 ANGOLA COUNTRY INFORMATION 3 SONANGOL UNIVERSO NEWS BRIEFING Wang Zhao/Pool President dos Santos with Chinese prime minister Li Keqiang REUTERS/ PRESIDENT TOURS CHINA AND UAE 3 President José Eduardo dos Santos of top political advisor Yu Zhengsheng, the embarked on a five-day state visit to China Chairman of the National Committee of in June at the invitation of Xi Jinping, the Chinese People’s Political Consultative his Chinese counterpart. The aim was to Conference (CPPCC), the guest of honour also reinforce Angola’s existing close links with toured the Tianjin Economic-Technological the Asian powerhouse through meetings Development Area, where he was able to see with local business groups, as well as to the city’s high level of development. negotiate a new finance package. The two On the return leg of his Far East trip, countries also agreed to develop a bilateral the president also undertook his nation’s economic forum. The Angolan head of first state visit to the United Arab Emirates, state reiterated the country’s interest in where he held talks with Crown Prince of continuing its privileged relationship with Abu Dhabi, Sheikh Mohamed bin Zayed Al China, especially in joint actions to develop Nahyan. During their meeting, President dos basic and economic infrastructure. Santos expressed Angola’s desire to widen As well as a courtesy visit to the offices co-operations with the Persian Gulf state. Shutterstock 4 SONANGOL UNIVERSO NEWS BRIEFING Shutterstock NEW $4.5 BILLION DAM PROJECT 3 Angola signed a contract in June for Sonangol strengthens the 2,172MW Caculo Cabaça dam on the middle reaches of the River Kwanza in Cuanza Norte province. A Chinese Total ties consortium led by CGGC (60 per cent), along with Boreal Investments (37.5 per cent) and CGGC & Niara Holding (2.5 per cent), will build the $4.5 billion megastructure. CGGC was behind China’s 3 Sonangol and French oil major François Hollande, and Angola’s Three Gorges Dam, the world’s largest, Total announced an agreement on foreign minister, Georges Chikoti. with installed capacity of 22,500MW. July 5 reinforcing their partnership President Hollande said Total The project is scheduled to take in various areas, including joint currently invested $2.5 billion a year some 6 years to complete with Industrial production and exploration in Angolan in Angola and accounted for 40 per and Commercial Bank of China expected and blocks abroad. Sonangol’s board cent of production. He also spoke to provide finance. president Francisco de Lemos José of the need for Total to diversify This new dam will be larger than Maria signed the accord alongside the its activities in Angola, through Angola’s Lauca project (2,017MW), due CEO of Total, Patrick Pouyanné, in the projects linked to natural gas and on-stream in 2017. presence of France’s head of state, clean energies. 5 SONANGOL UNIVERSO NEWS BRIEFING Angop MJoisnéis dteer C oafr Tveallehcoo dmam Ruoncihcaations, Shutterstock Angolan space control 3 The Minister for Telecommunications, Technology and a three-storey building occupying an area of 6,617 m2. Information, José Carvalho da Rocha, laid the foundation stone for Due to be launched in the first quarter of 2017, Angosat-1 will Angola’s Satellite Mission Control at Funda in the north of Luanda provide telecommunications, television, Internet and electronic province on June 28. The centre, which will track and control the governance services for at least 15 years and will cover all country’s first communications satellite, Angosat-1, will consist of Angolan territory. SOYO LNG Sonangol Academia BACK IN signs quality deal BUSINESS 3 Sonangol Academia, the educational arm of Sonangol E.P. , has signed a co-operation deal with Total E&P Angola aimed at improving technical training and certification in its School of Safety. The school, based at 3 The Angola LNG plant at Soyo is to restart liquefied Cacuaco just north of Luanda, provides training in health, safety and the natural gas operations in the last quarter of 2015, with environment for workers operating in the oil sector. export cargoes resuming within the first three months Baltazar Miguel, Sonangol Academia’s board president, and Jean- of 2016. Owing to gas pipeline faults, plant operations Michel Lavergne, director general of Total E&P Angola, inked the were interrupted in April last year. Contractor Bechtel agreement on behalf of the two organisations on May 16. has carried out the necessary repair works. 6 SONANGOL UNIVERSO NEWS BRIEFING PRESIDENT VISITS ITALY 3co uPnrteerspidaretn, tS eJrogsioé M Eadttuaarerdlloa , adnods thSea Pnrtoims e mMeinti shteisr , MItaatltiaeno mbaixada de Angola na Itália Ranedn zri,e dpurreisnegn htiast iJvuelsy voisf iti ntote Irtanlayt.i Honea all soor gmaenti seanttiroenpsr ebnaesuerds Quirinale/E tShaehraer.a An nAgforilcaa .i s Italy’s third biggest trade partner in sub- Ufficio Stampa - The visit was the president’s third and coincided with the country hosting the 2015 Expo in Milan, which Angola is currently attending with the largest African pavilion at the event. Angola is also participating in the Venice Biennale, one of the world’s most prestigious arts exhibitions. President José Eduardo dos Santos met meets Italian President, Sergio Mattarella Cuanza Sul starts NEW HEAD wine exports OF SONASIA 3 Sonangol board president Francisco de Lemos 3 Angolan wine, ‘Serras da Xxila’, was sold José Maria named Óscar Alves Morais de Brito as abroad for the first time this summer. The wine, president of Sonangol Asia Ltd (SonAsia) on May from the Herdade de Santa Maria vineyard in 26. Morais will also perform the role of spokesman Cuanza Sul province, was exported to Portugal. for the board of Sonangol Comercialização The 2013 vintage consisted of 70,000 bottles, Internacional (Sonaci) during 2015–17 as well as of which 60,000 were sold locally. It was aged serve on its board. in oak barrels for a year and has aromas of raspberries, mulberries and spices. Brazilian and Portuguese specialists advised on the $16 million Angolan wine, olives and stock-raising project, which dates back to 2008. According to a study by the Portuguese winemakers association, ViniPortugal, Angola is the second largest wine market in Africa, with Portugal having over 90 per cent of market share. Shutterstock 7 SONANGOL UNIVERSO NEWS BRIEFING New French deals World Bank lends 3tAhn eSg eovvlieas riiatn l oJpufa lryFt.r nTaehnrecssehe’isp c oaPvgrerereseeiddm etehnnett sfFi erwladensrç eoo fri see anHcehorgellyda, n dwduaert ientrgo, Chesnot/Getty Images $650 million environment and hotels. Angola’s Ministry of Energy and Water and the French Vergnet Group signed deals to produce solar energy in Ondjiva and Xangongo (Cunene province) and in energy transmission. Leading French hotelier Accor and Angola’s insurance and investment company AAA agreed to jointly open and manage 50 hotels with 6,200 rooms, creating 3,000 jobs. The two nations made other co-operation agreements in power production, meteorology, science research and maritime pollution control vessels. President José Eduardo dos Santos said more than 60 French companies were active in Angola, and outside of the oil sector 87 French private investment projects had been approved in various regions of the country. “This is clear proof that we’re interested in expanding our co-operation in non-oil areas”, said the president, who pointed to the sectors of farming, transport, energy, hotels and tourism, among many other examples. President dos Santos greets France’s President François Hollande ANGOLAN SEATS ON UN BOARDS 3 Angola is to take a place on the board of UN-Habitat A second recognition of Angola’s international for a four-year term from January 1, 2016. The nation presence was its election in June to the finance committee will be one of two representatives from the southern of the UN’s Food and Agriculture Organization (FAO). This African region. UN-Habitat is a body set up by the committee consists of 12 members: two from Africa, Asia United Nations (UN) General Assembly to specifically and the Pacific, Europe, Latin America and the Caribbean address the housing sector, human settlements and and Near East, and one each from North sustainable urban development of member states. America and Southwest Pacific. 8 SONANGOL UNIVERSO NEWS BRIEFING World Bank lends $650 million 3 The World Bank approved guarantees and loans worth $650 million to Angola on July 1. The funds will help the state to manage and develop policies in the field of fiscal and public investment. The idea is to support the modernisation of the tax administration and tax policy, thus enhancing the efficiency and effectiveness of public investment. SonAir helicopter 3 Two SonAir pilots who died in a tragic air accident in Cuanza Sul were buried in Luanda on July 13. Adão Mateus Francisco Filho and José Custódio Saldanha Novais, respectively the pilot and co-pilot of the SonAir helicopter, which was in service with the National Emergencies Institute, were killed in the July 2 crash, along with four others. Vice-president Manuel Vicente attended the funeral in his capacity as chairman of the National Council for Road Traffic Planning and laid wreaths at the tombs of the deceased. Universo would also like to convey its condolences to the families and colleagues of the two pilots for their tragic loss. 9 Shutterstock SONANGOL UNIVERSO NEWS BRIEFING BLOCKS UNDER THE HAMMER Shutterstock 3 Sonangol has requested bids for 10 new onshore oil blocks The blocks are believed to contain around 700,000 barrels each. by September 18. Seven of the blocks are in the Kwanza Basin Some of the big names involved in the auction include international (designated KON3, KON 5, KON 6, KON 7, KON 8, KON 9 and KON oil majors Chevron, Eni, Glencore and Galp Energy. Out of the total of 17), while the other three are in the Congo Basin (CON 1, CON 5 87 prequalified bidders, 39 are seeking to be block operators and the and CON 6). other 48 non-operators. BETTER BROADBAND 3 Angola Cables has enhanced the country’s “Angonix is a key element of the Internet Internet experience through its new Angonix ecosystem,” said António Nunes, CEO of service, a neutral traffic exchange platform Angola Cables. “The traffic that flows through sited in Luanda. It interconnects global this exchange serves all users in Angola networks, content providers and network and in the Southern African Development operators to keep local traffic local and Community region. offers international content providers and The new broadband platform was networks a basis for partnerships on the launched on March 16 and it is now Connecting Angola African continent. connecting its first clients in Angola. to the world 10 SONANGOL UNIVERSO

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SPORT. RIDING HIGH: ANGOLA'S. SHOWJUMPING. Fuelling. Angola's growth Universo is produced by Impact Media Custom Publishing.
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