Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Red Sky Energy secures 35pc stake in Angola block
Oil and Gas News
|February 2025
AUSTRALIAN exploration and production company Red Sky Energy has acquired a 35 per cent stake in Block 6/24, offshore Angola, marking its first foray into Africa's oil and gas market. Angola's production is around 1.1 million barrels a day, making it an attractive destination for the company.
-
Red Sky Energy has been opportunities exploring across the continent for the last three years and found significant opportunities in Angola.
This story is from the February 2025 edition of Oil and Gas News.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Oil and Gas News
Oil and Gas News
Gabon attracts energy investors
GABON is becoming a major upstream investment hub, with strong interest in deepwater exploration, new discoveries, and production.
1 min
May 2026
Oil and Gas News
POWWR simplifies meter validation
POWWR, a energy software provider, has launched its Meter Validation module to streamline pricing and contracting workflows.
1 min
May 2026
Oil and Gas News
All-Energy 2026 returns to Glasgow for 25th edition
ALL-ENERGY 2026, the UK's low carbon energy and renewables exhibition and conference, will return to the SEC Glasgow from May 13-14 for its 25th edition.
1 min
May 2026
Oil and Gas News
AixEnergy to drive Al, energy collaboration
AIXENERGY 2026 will place the future of artificial intelligence (AI) and energy systems on the same stage, bringing together the people and infrastructure shaping how the digital world is powered.
1 min
May 2026
Oil and Gas News
AFC funds solar project
AFRICA Finance Corporation (AFC) reached financial close and disbursed €43 million ($50 million) under €65 million dual-currency euros and CFA francs (EUR/XOF) green bond, first project finance green bond in Côte d'Ivoire and West African Economic and Monetary Union.
1 min
May 2026
Oil and Gas News
O&G industry to explore Al driven transformation
THE AI in Oil & Gas Conference & Exhibition 2026 will spotlight the transformative impact of artificial intelligence, machine learning, automation, robotics, and advanced analytics across upstream, midstream, and downstream oil and gas operations.
1 min
May 2026
Oil and Gas News
New Ametek moisture analysers
AMETEK Process Instruments has launched two new quartz crystal microbalance (QCM) moisture analysers, the 3050-SLR and 3050-DO, expanding its 3050 series.
1 min
May 2026
Oil and Gas News
Galkynysh gas expansion begins
TURKMENISTAN and China have begun expansion works at the giant Galkynysh gas field, one of the world's largest.
1 min
May 2026
Oil and Gas News
Saipem secures Safaniya field projects
SAIPEM has secured two offshore CRPO contracts in Saudi Arabia under its long term agreement with Aramco.
1 min
May 2026
Oil and Gas News
AIAC West Africa to discuss energy operations
As West Africa's energy sector accelerates digital transformation, the need for safer, smarter, and more resilient operations has never been greater.
1 min
May 2026
Listen
Translate
Change font size