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Fuelling Angola's Growth

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Fuelling Angola's Growth SONANGOL UNIVERSO UISSUE 47 | SEPTEMBERn 2015 iverso www.universo-magazine.com Fuelling Angola’s growth ISSUE 47 – EDUCATION UPSTREAM SPORT SEPTEMBER 2015 GEOLOGY: TOTAL: NUMBER RIDING HIGH: THE NEW HOT ONE INTERNATIONAL ANGOLA’S SUBJECT OIL COMPANY SHOWJUMPING 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 Communication & Image Director Mateus Cristóvão Benza Shutterstock Corporate Communications Assistants ANGOLA’S NATURAL Nadiejda Santos, Paula Almeida, Hélder Sirgado, Kimesso Kissoka RESOURCES: ITS PEOPLE Publisher: Sheila O’Callaghan Editor: John Kolodziejski Managing Editor: Mauro Perillo hile oil is by far Angola’s most important sector, Art Director: Tony Hill the current low price of the commodity has added Sub Editor: Brian MacReamoinn W 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: [email protected] and highly-experienced geologists, especially in the area of oil Circulation: 15,000 (see page 12), but also in diamond mining. They are, thanks to Davenport House, 16 Pepper Street, London E14 9RP their transferable skills, in a position to take up senior posts in United Kingdom enterprises seeking to develop new mineral riches. Tel + 44 20 7510 9595 | Fax +44 20 7510 9596 [email protected] If the world’s most favoured economies are those which 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: Kostadin 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 3 STUDYING ROCKS How and why Angola’s oil geologists are increasingly in demand. Shutterstock Universo looks at this fascinating profession 22 3 FILLING UP ANGOLA 12 The remarkable expansion of Angola’s petrol station network Brazuk Ltd. 28 3 SONANGOL WINS GOLD AGAIN AT FILDA Sonangol has another success at Luanda’s international fair 22 TOTAL: ANGOLA AND AFRICA’S NUMBER ONE 32 3 Luchansky The inspirational story of the French multinational’s innovative operations in Angola © Kostadin Photo courtesy of TOTAL E&P Angola 40 3 HALLIBURTON OPENS NEW ANGOLA FACILITY All the details on the company’s new multimillion-dollar upstream 32 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 SONANGOL UNIVERSO 3 NEWS BRIEFING President dos Santos with Chinese prime minister Li Keqiang REUTERS/Wang Zhao/Pool 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 the 2,172MW Caculo Cabaça dam on the middle reaches of the River Kwanza Sonangol strengthens in Cuanza Norte province. A Chinese consortium led by CGGC (60 per cent), along with Boreal Investments (37.5 Total ties 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. SONANGOL UNIVERSO 5 NEWS BRIEFING Angop Minister of Telecommunications, José de Carvalho da Rocha 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 3 Sonangol Academia, the educational arm of Sonangol E.P. , has signed BUSINESS 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 3 President José Eduardo dos Santos met his Italian counterpart, Sergio Mattarella, and the Prime Minister, Matteo Renzi, during his July visit to Italy. He also met entrepreneurs and representatives of international organisations based there. Angola is Italy’s third biggest trade partner in sub- Saharan Africa. Ufficio Stampa - Quirinale/Embaixada de Angola na Itália 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 NEW HEAD Cuanza Sul starts OF SONASIA wine exports 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.
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