Alongside our partners Sonangol and Greentech, we are developing the Quilemba solar power plant (35 MW), which will be connected to the grid in the Huila Province in the south of the country.

We have an interest in the Angola LNG liquefaction plant and the New Gas Consortium, which was set up by Angola LNG's shareholders.

We operate several deep and ultra-deep offshore oil licenses in production, including Block 17 and its four major hubs (Girassol, Dalia, Pazflor and CLOV), Block 32 and its Kaombo development hub, and Block 0.

A new project, Begonia Oil Project in Block 17/06 is expected to start producing in 2025, using existing Block 17 facilities.

In May 2024, together with our partners Petronas and Sonangol, we signed the Final Investment Decision (FID) for the Kaminho project, in the Kwanza offshore basin,, comprising the Cameia and Golfinho fields. It involves converting a tanker into a floating production, storage and offloading (FPSO) unit to develop these oil fields. This FPSO will be all-electric to minimize greenhouse gas emissions and eliminate routine flaring.

Several enclosed flare projects are currently being deployed and examined at our FPSOs to reduce their carbon intensity, so that they compare with, the only all-electric FPSO with no routine flaring since first oil.

In Angola, through a joint venture with Sonangol, we are developing B2B and lubricant retail activities and operate a network of nearly 50 service stations, where we retail our fuel and products and provide related services.