AGP Executive Report
Last update: 8 hours agoOil & Gas Investment: Chevron says it has struck oil and gas condensate at the 105-4X exploration well in Angola’s Block 0, reporting a hydrocarbon column over 2,000 feet and more than 300 feet of net pay in the Pinda reservoir; the company will now assess whether the find can be developed via a tie-back to nearby facilities, with partners including Sonangol (41%), TotalEnergies (10%) and Azule Energy (9.8%). Regional Energy Infrastructure: Cameroon’s Sonatrel has launched two international tenders for 225-kV transmission lines and substations under the Cameroon–Chad power interconnector (Pirect), aiming to support electricity exports to Chad from the Nachtigal dam. Trade & Payments: Africa is moving to reduce dollar dependence, with coverage highlighting the push to integrate BEAC into PAPSS to enable faster, direct settlements in national currencies. Maritime Skills: An OMAOC delegation visited ASABA in Malabo to explore collaboration on vessel construction/repair and a five-year plan to train new maritime professionals for Equatorial Guinea’s port sector. Humanitarian & Migration: Liberia will accept up to 1,200 foreign nationals deported from the US over the next year, with a first group of 20 expected to arrive soon, framed as humanitarian support plus technical assistance to strengthen Liberia’s migration system.
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