Premier Invest Announces Participation at Angola Oil and Gas 2024

1 October 2024

Premier Invest Announces Participation at Angola Oil and Gas 2024

Premier Invest, a leading global financial advisory firm, is pleased to announce its participation in the Angola Oil and Gas 2024 conference taking place from the 2nd to the 3rd of October in Luanda, Angola. The event, which is recognized as one of Africa’s premier gatherings for industry leaders, stakeholders, and investors, provides an exceptional platform for Premier Invest to explore, and develop and operationalise growth opportunities and strengthen its footprint in Angola’s oil and gas sector.

Premier Invest’s presence at Angola Oil and Gas 2024 underscores its commitment to fostering financial, strategic, and operational development in Angola’s energy industry. During the event, Premier Invest will pursue a multi-faceted agenda focused on sourcing financing and M&A opportunities, building key partnerships, and supporting capacity-building initiatives within the country’s rich oil and gas sector.

Our Managing Partner at Premier Invest, René Awambeng said, “Angola holds abundant untapped oil and gas resources estimated at 9 billion barrels of proven crude oil reserves and 11 trillion cubic feet of proven natural gas reserves. The country currently produces approximately 1.16 million barrels of oil per day (bpd) but hit as high as 2 million barrels of oil per day (bpd) by 2010 during prosperous oil production years.  The petroleum industry is key and accounts for almost 75 percent of the country’s revenues. It records an estimated 17,9billion cubic feet of natural gas production from associated oil. Yet, Angola has not unleashed the full potential of its hydrocarbon sector. The Angolan Government has implemented a series of reforms to boost the most important sector of its economy.

The Government of Angola is prioritizing refinery development, with upgrades to the country’s operating facility in Luanda as well as three new refinery project projects in the pipeline.  The aim is to attain sufficiency in refined hydrocarbons through public-private partnerships (PPPs), with private companies financing investments in midstream projects.

Premier Invest will continue to support investors in Angola’s oil and gas industry.”

Exploring New Financial Advisory Opportunities

Premier Invest aims to leverage the conference to identify and develop financial advisory opportunities in mergers and acquisitions (M&A), financing, business development, and strategic advisory and restructuring. With Angola’s dynamic oil and gas sector presenting numerous investment prospects, Premier Invest is keen to facilitate financial structuring that aligns with the evolving needs of local and international stakeholders.

Strengthening Relationships with Investors and Lenders

The company also seeks to fortify existing relationships and establish new connections with investors and lenders operating in the oil and gas sector. These include international trading houses, funds, and financial institutions that play a critical role in driving capital and liquidity in the industry. Through strategic engagements at the conference, Premier Invest aims to catalyze collaborations that will fuel sectoral growth and economic development in Angola.

Collaboration with Exploration and Production Companies

In addition to financial advisory, Premier Invest is actively seeking collaboration opportunities with exploration and production (E&P) companies. By fostering synergies with industry players, the company intends to support the expansion of exploration activities, enhance production capabilities, and contribute to the sustainable development of Angola’s oil and gas sector.

Building Relationships with Government Authorities and Local Service Providers

Understanding the importance of local partnerships, Premier Invest is also dedicated to building strong relationships with Angolan government authorities and local service providers. This approach will help facilitate capacity building, compliance with local legal frameworks, and adherence to environmental and statutory regulations. Premier Invest believes that a collaborative approach with local stakeholders is pivotal to fostering a robust, compliant, and environmentally conscious oil and gas industry in Angola.

Premier Invest’s participation in Angola Oil and Gas 2024 reinforces its strategic focus on Africa’s energy sector and highlights its commitment to playing a key role in the region’s economic and industrial development. Through its active engagement at the event, the company looks forward to unlocking new opportunities and contributing to the growth of Angola’s oil and gas industry.

About Premier Invest

Premier Invest is a leading global financial advisory firm specializing in M&A, financing, business development, and strategic advisory services. With a strong focus on the energy sector, Premier Invest partners with international trading houses, funds, and financial institutions and governments to provide tailored solutions that drive growth, enhance operational performance, and create long-term value to its clients. The firm’s extensive network of investors, lenders, and industry experts positions it as a trusted partner in navigating complex financial and strategic challenges within the oil and gas industry.