Wednesday, October 16, 2024
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Highlights from AOG 2023 Forecast Lucrative Opportunities for Angola in 2024

Angola’s allure as an energy investment destination is on a steady rise, driven by market-focused policies, robust political determination, and untapped reserves in oil, gas, and renewable energy. The Angola Oil & Gas (AOG) conference in 2023 exemplified the growing interest of foreign investors, and with its upcoming fifth edition in 2024, opportunities for project developers, financiers, service, and technology providers are flourishing.

The 2023 AOG conference served as a global convergence point, hosting over 1,200 delegates, 73 speakers, and 54 participating companies. With representation from more than 20 Ministers and VIPs from countries such as Argentina, Egypt, Ghana, Mexico, Norway, and others, the event underscored its global significance. Notably, the Organization of the Petroleum Exporting Countries (OPEC) chose the conference to commemorate its 63rd anniversary, emphasizing Angola’s pivotal role in the global energy landscape. Anticipating increased global participation in 2024, AOG is positioned as a crucial platform for both public and private sectors, urging stakeholders to secure their involvement promptly.

The 2023 conference facilitated the signing of seven deals, signifying the long-term commitment of foreign companies to Angola’s energy sector. These deals involved key players such as Azule Energy, Ambipar, Kini Energias, ETU Energias, SLB, Protteja Seguros, and Petromar. Cooperation agreements were also signed between the National Oil, Gas & Biofuels Agency and three universities. The 2024 conference will focus on networking opportunities, fostering connections, and deal-making.

AOG 2023 provided a comprehensive insight into Angola’s evolving energy landscape, with panel discussions featuring government officials, global energy executives, and industry leaders. The technical track delved into projects, trends, and challenges, empowering potential investors with valuable information. In 2024, Angola anticipates significant developments following the conclusion of its latest bid round, TotalEnergies’ multi-energy strategy announcement, refinery construction, and heightened demand for Angolan petroleum products.

Participating in and advertising at the AOG conference guarantees global exposure, with over 131 local and international media companies covering the event extensively. As the conference continues to grow, opportunities for brand visibility expand. The commitment to a sustainable future is evident, with the conference receiving a carbon-free certificate and showcasing innovation, digitalization, and cutting-edge technology.

As Angola advances toward a future of universal access, industrialization, and regional economic growth, AOG 2024 stands as a vital platform to be part of this transformative journey. Visit www.angolaoilandgas.com for more information and secure your sponsorship or exhibitor pass today.

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