Long Pending Offshore Projects Pick up Pace in Angola

Researched by Industrial Info Resources (Sugar Land, Texas)--Two offshore natural gas projects in Angola are finally seeing movement after a period of inactivity.

The Agogo Phase 2 and Northern Gas Complex have each received final investment decisions (FIDs).

AGIP, operator for Agogo Phase 2, recently awarded the contracts related to the project and expects to start construction by fourth-quarter 2023. Industrial Info is tracking three Agogo Development Field Phase 2 projects, worth US$700 million. Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production Project Database can click here for the project reports.

Azule Energy, the owner and operator of the Northern Gas Complex, has yet to award contracts for the project. Once completed, the Northern Gas Complex project will supply natural gas to the Angola LNG plant. Subscribers can click here for the project reports tied to the Northern Gas Complex.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).