INPROSER NV’s Post

And may one add, not only energy investments but investments in general, and very important tax on SMEs and startup’s.

This event will provide a substantial business opportunity for Companies and Investors. The Angola Oil and Gas Conference holds significant importance and is occurring at a crucial time when geopolitical collaboration is essential for advancing the oil and gas sector in Africa. Angola has consistently aimed to become a major global supplier of oil and gas, across the continent. Furthermore, it will serve to underscore Angola's position as an optimal destination for investment in the Oil and Gas sectors. ANPG Angola SONILS - Sonangol Integrated Logistics Services African Energy Chamber AECIPA - Associação das Empresas Prestadoras de Serviço da Indústria Petrolífera Angolana Chevron Banco BCS CABSHIP EY Etu Energias PROTTEJA SEGUROS, S.A Oceaneering

National oil companies (NOCs) produce about half of the world’s oil and gas and play a critical role in the global economy, but they remain poorly understood. These companies have important and varied responsibilities, including generating revenue, safeguarding state resources, and ensuring energy security. Although NOCs are, by definition, state-owned enterprises, many are publicly listed as well, and the varieties of shareholding influence their climate strategies. There are several important distinctions regarding ownership. While many publicly traded NOCs have issued shares on international stock exchanges, others have only domestic investors. Issuing shares internationally allows NOCs to access capital, but not all of them are prepared to meet the associated reporting requirements and disclosures. In some cases, these companies may decide not to list in the United States or Europe to avoid litigation risks. NOCs with solely domestic listings include Saudi Aramco and Kazakhstan’s Kazmunaigas. Governments can also retain a controlling interest in NOCs even with a minority of shares, giving them a strong degree of control over corporate direction. These restricted shares can be held directly by the government or by close affiliates such as state development banks, as in the case of Brazil’s Petrobras. A key question is how much investors, compared with governments, can shape NOC climate commitments. Publicly listed NOCs grant some degree of influence to minority shareholders such as institutional investors. The degree of external influence over these companies’ strategies is highly variable, but in general it is limited compared to their principal shareholder: the government. However, channels of investor influence over NOC climate commitments and methane reduction strategies are potentially considerable and have been little utilized to date. The role and influence of these stakeholders in spurring NOC climate and methane commitments is discussed in the final section of this paper. (National Oil Companies, Climate Commitments, and Methane - Ben Cahill and Kjersti Swanson – CSIS Briefs – CSIS (Center for Strategic and International Studies) – December 2023) #NOCs #NationalOilCompanies #SaudiAramco #ADNOC #Sonatrach #Sonangol #CNOOC #Equinor #Ecopetrol #YPF #Petrobras #Sinopec #Petronas

🇸🇷 🚢 🛢️ TotalEnergies has approved the GranMorgu development to bring the Sapakara South and Krabdagu oil discoveries in Block 58, offshore Suriname, into production. The project, named after the Goliath Grouper (Granmorgu), symbolises a "new dawn" for the country’s energy sector and is expected to shape its future for 20-25 years. The final investment decision (FID) was made on October 1, 2024, with oil production slated to begin in 2028. 🔧⚡💡 The GranMorgu project will use an FPSO unit capable of 220,000 BOPD, incorporating all-electric power systems to minimize emissions. The project will utilize gas reinjection and zero routine flaring to reduce its environmental impact, with total investments estimated at 10.5 billion USD. The development will also involve drilling 32 wells, supported by a low-carbon operational framework. 📈💰👷 GranMorgu is expected to generate between 16-26 billion USD for Suriname in royalties, taxes, and profit oil while creating over 6,000 jobs. Staatsolie, Suriname’s National Oil Company, may take a 20% stake in the project, contributing to local economic growth. The development is set to improve living standards while promoting sustainability and local industry involvement.

Angola: Chevron has signed two Risk Service Contracts (RSC) for Blocks 49 and 50 in the ultra-deep waters of Angola’s Lower Congo Basin. This expansion, beyond their long-standing Cabinda operations, highlights Angola's strong regulatory framework and its ability to attract foreign investment. Chevron's innovative approach includes significant low-carbon initiatives, such as the Sanha Lean Gas Connection Project, aimed at boosting LNG production sustainably. Their commitment to both growth and sustainability is truly commendable. NJ Ayuk, Executive Chairman of the African Energy Chamber, states, "When governments open up the market through attractive fiscal terms, the industry responds positively." Angola's proactive measures are a model for other African nations looking to attract foreign capital and drive their energy sectors forward. What strategies do you think are most effective in drawing foreign investment to energy markets? Share your thoughts below! #Energy #OilAndGas #Sustainability #Angola #Chevron #Investment #RenewableEnergy #Africa

Competitive tax policies key in attracting energy investments – Alweendo The Minister of Mines and Energy Tom Alweendo says competitive policies relating to taxes and royalties are key to attracting investments in sectors such as energy. This comes as Namibia is attracting oil and gas investments, citing major players such as Shell and TotalEnegies, which continue to make significant discoveries in the country. https://lnkd.in/d2qzRaVu #namibia #oilandgas Namibia Investment Promotion and Development Board (NIPDB) #investment #energy #economy Chamber of Mines Namibia Namibia Petroleum Operators Association (NAMPOA) Shell TotalEnergies

Equatorial Guinea’s #oil industry experienced a golden era from the mid-1990s to 2005, starting with the discovery of Zafiro’s oil field- one of the most important in the country and operated by Exxon Mobil Not long ago, #Exxon announced its intention to exit the country amid its strategy of reducing capital spending and focusing on regions with higher growth potential, such as #Guyana. How will that affect the country’s oil outlook? We analyze these dynamics in this Geopolitical Intelligence Services report: https://lnkd.in/dDDccrHJ

Excellent to see Thailand's national petroleum exploration and production company PTTEP advancing the development of carbon capture and storage (CCS). CCS represents not only an opportunity for Thailand to decarbonise domestic industrial activity and power generation but to serve as a storage hub for regional emissions. The need for transport of CO2 between countries as part of such hubs is why ANGEA recently launched a major study to design a whole-of-region framework for the accreditation of emission reductions. Learn more about the Asia Pacific Cross Border Carbon Accreditation Study: https://bit.ly/3R3Vem3 #netzero #ccs #carbonstorage ##decarbonisation #decarbonization

🌍 A New Era for Namibia’s Oil Boom: Our Simple Approach Excitement abounds in Namibia's Orange Basin with significant discoveries by Shell, TotalEnergies, and Galp. Noteworthy finds like the Graff, Jonker fields, and the massive Venus discovery position Namibia as a key global exploration hub. The impressive numbers—3.5 billion barrels of potentially recoverable oil across three blocks—highlight the vast potential of this region. At Daron Namibia, we embrace a straightforward approach amidst these developments. Our focus lies in simplifying the intricacies of this boom through streamlined operations, strategic partnerships, and a steadfast commitment to delivering tangible outcomes. We believe that despite the substantial discoveries, the journey to unlocking their potential can be uncomplicated. With the Namibian upstream gearing up for potential production by 2028, we stand prepared to support our partners in maximizing this opportunity. Be it Shell, TotalEnergies, or Galp, our approach prioritizes simplicity and efficiency as the pathways to success. 🔗 Let’s collaborate to shape Namibia’s oil future together. #OilAndGas #OrangeBasin #EnergyTransition #NamibiaOil #SimplicityInAction #Galp #TotalEnergies

🌊 Major developments on the horizon in Suriname's offshore sector! Subsea7 is on the brink of securing a billion-dollar contract for TotalEnergies’ Block 58 project, poised to elevate Suriname's economy significantly. This ambitious project, aimed at producing 700 million barrels of oil, can potentially energize local industries and generate numerous job opportunities, fostering robust economic progress. We are hopeful about the transformative impact this project could have on the economy and people of Suriname. Read more on this venture here https://bit.ly/3YAzsKx #OffshoreEnergy #Suriname #ElDoradoOffshore