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Angolan Offshore First SONANGOL UNIVERSO Uwww.universo-magazine.comniverso MARCH 2014 Angolan offshore first PERFECT PARTNERS: Angola and Norway 7 NATURAL WONDERS: Angolans vote ISSUE 41 – ANGOLAN MARCH 2014 ROCK: INSIDE: Captivates the critics oil and gas news Universo is the international magazine of Sonangol Board Members Francisco de Lemos José Maria (President), 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 Sonangol Department for Communication & Image Director Mateus Cristovão Benza Corporate Communications Assistants Nadiejda Santos, Lúcio Santos, Sarissari Diniz, José Mota, Beatriz Silva, Paula Almeida, Sandra Teixeira, Marta Sousa, Hélder Sirgado, Kimesso Kissoka Publisher: Sheila O’Callaghan Editor: John Kolodziejski Managing Editor: Mauro Perillo Art Director: Tony Hill Sub Editor: Brian MacReamoinn Proofreader: Gail Nelson-Bonebrake Made in Angola Circulation Manager: Matthew Alexander Production Assistant: Sebnem Brown Project Consultant: Nathalie MacCarthy ebruary’s SonaExpo 2014, an exhibition on Luanda Bay featuring Group President: John Charles Gasser Sonangol products and services, presented a timely opportunity to take stock of recent local manufacturing developments. Universo is produced by Impact Media The many visitors strolling around the exhibition stalls could Custom Publishing. The views expressed in the publication are not necessarily Fverify how Sonangol’s industrial arm, SIIND, is stimulating domestic those of Sonangol or the publishers. economic growth and jobs. Reproduction in whole or in part without prior permission is prohibited. Over the past 10 years, the government has rebuilt and added to the This magazine is distributed to a closed country’s basic infrastructure and is currently building 200,000 homes. circulation. To receive a free copy: [email protected] The next logical development step involved expanding local manufacturing Circulation: 15,000 to replace imports. This is where SIIND comes in. Since 2011 SIIND has developed 27 factories, which manufacture many of the materials and fittings related to the new houses and urban services such as glazing, paints, and electrical and plumbing materials. Eventually Davenport House 16 Pepper Street SIIND will have 73 factories employing 14,000 staff. London E14 9RP More factories mean more jobs and home comforts for Angolans, who United Kingdom are now able to sleep soundly on locally made mattresses! Tel + 44 20 7510 9595 Fax +44 20 7510 9596 [email protected] www.universo-magazine.com www.sonangol.co.ao John Kolodziejski [email protected] Editor 2 SONANGOL UNIVERSO Contents 4 ANGOLA NEWS BRIEFING Shutterstock A roundup of national and international news concerning Angola 5 FIGURED OUT A brief glance at Angola in numbers 6 ANGOLA–NORWAY: A PERFECT PARTNERSHIP 6 Norway’s natural resource development is the envy of the world. We examine how Angola is adopting some of its policy successes Peter Moeller 16 ANGOLA’S SEVEN WONDERS OF NATURE Angola is voting on its most popular natural attraction. We survey the candidates ANGOLA ROCKS THE FILM CRITICS 26 16 A music genre not normally associated with Africa is the subject of a hit US documentary film. We look and listen 32 LUANDA’S NEW LANDMARKS CABULA6 and Coalition Films, 2012 Prominent new public buildings are changing the face of the city 36 SONANGOL NEWS BRIEFING 26 Highlights of noteworthy news items from Sonangol EP and its subsidiaries Kostadin Luchansky 40 ANGOLAN INDUSTRY BOOST Angola makes an historic advance in industrialisation with the first installation of an African fabricated and fitted topside module 32 44 MATCHMAKING IN THE SUPPLY CHAIN How Angola is encouraging international oil sector partnerships 46 SONANGOL RESULTS (c) Total E&P Angola / Kostadin Luchansky Angola continues on track to meet its 2015 oil output target; 40 profits remain healthy MARCH 2014 3 Angola news briefing Angola seat on No.1 for oil UN Council ■ Angola’s candidacy for non- permanent membership of the investors United Nations Security Council was approved by the Nomination Committee of the African Union (AU) in Addis Ababa, Ethiopia, in January. Angolan Foreign Affairs Minister Georges Rebelo Chikoti said with Shutterstock the AU approval, the application will ■ Angola will attract the most oil GDP growth to average 7.4 per cent now be submitted to the UN General exploration investment in 2014 and until 2018. Assembly for a final vote. 2015, according to a report by the The report cited Sonangol’s head Minister Chikoti said the move Business Monitor International (BMI) of integration, Domingos Cunha, as was evidence that other countries consultancy released in January. saying that the near future will be busy are aware that Angola will be able “We expect Angola will remain as with the launch of exploration in the to represent the continent well in the the main destination for investment in country’s pre-salt layer, which Angolan world’s decision-making body. the oil industry,” said the report on oil authorities believe has the same huge “It is also a sign that our diplomacy and gas in Angola, which notes that, potential as a similar area in Brazil. has been growing and is able to despite a projected slowdown in oil “We expect a busy drilling period respond to what others expect from production, plans for new projects will over the next few quarters, with 32 us,” he added. ensure strong growth in most of the wells planned in Angola this year, Angola had previously held a 2014–18 period. including 15 that will test pre-salt non-permanent post at the Security BMI also expects annual Angolan formations,” the report said. Council between 2003 and 2004. President chairs Great Lakes summit ■ President José Eduardo dos Santos chaired and hosted the International Conference on the Great Lakes Region (ICGLR) 5th Ordinary Summit in Luanda on January 15. The president pledged that he would work for peace, stability and economic and social development in the region as he took over the chair from his Ugandan counterpart, Yoweri Museveni. ICGLR was established in 1994 and consists of 12 member countries in the region. Among the problems it is addressing are armed conflicts in the Democratic Republic of Congo, Central African Republic and South Sudan. Angop 4 SONANGOL UNIVERSO Angola news briefing Private investment boom ■ Angola’s National Private Investment Agency (ANIP) approved contracts worth a total of $4.7 billion in 2013. ANIP CEO Maria Luísa Abrantes formally signed the approximately 200 deals with company representatives on February 6. Most of the contracts are linked to the sectors of services, construction, civil engineering, industry and trade. Five industrial project contracts signed in early February would create Angop 10,000 jobs, Abrantes revealed. ANIP’s approved investment projects were around 20 per cent New airport higher in 2013 than its target set out in the government’s 2013–17 plan. on track Lobito port rebuilt and ready ■ On February 19 President dos Santos paid a visit to see how construction work is progressing ■ The Angolan government has completed the $2 billion rebuilding of on Luanda’s new international airport. the port of Lobito, says the port’s board chairman, Anapaz de Jesus The airport, located 40km from Luanda Neto. The government used the money to modernise and expand the between the new Zango residential districts and port. Improvements included the construction of a minerals terminal, Bom Jesus, is expected to be operational within another for containers and a dry port. two years. “All these projects are complete and ready to operate,” he said. The giant facility already has completed two Cargo volume through the Port of Lobito in 2013 was about 2 million long runways capable of handling the world’s tonnes, a slight increase of 2.5 per cent compared with 2012. largest passenger jets. Most of the main building For 2014, the port aims to increase its output even further and structures are now in place, including a huge air expects the entry of private sector operators into the business. traffic control tower. FIGURED OUT Angola in numbers $4.7 billion $2 billion investment in Angola in 2013 cost of Lobito’s port revamp 2,500 tonnes lifting power of Africa’s largest crane, now in Angola 74km 1,890 length of deep sea cables in CLOV project local companies preparing to enter oil sector MARCH 2014 5 INTERNATIONAL ANGOLA–NORWAY: A PERFECT PARTNERSHIP Norway has won widespread respect for raising its people’s living standards to one of the highest in the world. Universo looks at the resource-rich country’s ties with Angola 6 SONANGOL UNIVERSO The Oslo Opera House MARCH 2014 7 Shutterstock Angop INTERNATIONAL uperficially Norway and Angola distribution of wealth. Many see it as a have little in common; ice covers shining example of how a country should large parts of Norway even in best manage and distribute its resources. midsummer, whereas sunshine Buoyed by oil sector wealth, Norway is Sbathes Angola in year-round warmth. Despite at the top of the United Nations’ Human sharp climatic contrasts, the two countries Development Index (HDI), which ranks share some striking similarities in geography countries by their economic and social and natural resources, says Norway’s well-being. The HDI combines data on life ambassador to Angola, Ingrid Ofstad. expectancy (reflecting health standards), “Norway, like Angola, has a long coastline educational levels and standard of living. with abundant petroleum and fish resources. Norway, just like Angola, has mountains and Sovereign development waterfalls, with potential for hydropower Central to Norway’s good housekeeping and the development of clean energy. These is its sovereign wealth fund (SWF), into similarities present a unique opportunity for which it has been depositing part of its oil mutually beneficial cooperation. and gas revenue since 1990.
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