BP in Angola
Angola is one of the world’s major centres for oil and gas exploration, development and production. The nation's wealth of hydrocarbon resources attracts investment in both the industry and the community
The country is one of the largest oil producers in Southern Africa and a world-class producer as measured by any standards. Angola is an effective OPEC member since 2008 and holds currently the presidency of this organisation. BP has been involved in Angola for almost 40 years. After BP merged with Amoco in 1998, our joint portfolio gave us substantial deepwater offshore interests – making Angola one of BP’s six new profit centres for the group’s exploration and production portfolio. BP has a long term commitment in Angola and is amongst the largest foreign investors in the country.
Our people and partners
The number of people employed by BP Angola is increasing rapidly with the growth of the business. Significant recruitment is expected over the course of the next few years. Our aim is to recruit Angolans and develop their skills to enable them to fill most of the Angola-based jobs in the business, including many senior posts. The state-owned oil company, Sonangol E.P., which manages the development of Angola's oil and gas, governs our work in Angola through Production Sharing Agreements. Our partners include Sonangol P&P, ExxonMobil, Total, Sonangol Sinopec International (SSI), Statoil Angola A.S. (a subsidiary of StatoilHydro ASA) ENI, and Marathon.Community investment
BP Angola aims to be involved in the community at every level and to bring real benefits to the country. This is done through engaging with key stakeholders, such as community and church leaders, the government, NGOs, academics and others to find out how we can work together for mutually beneficial outcomes.
BP Angola sustainable development and community investment programme focuses on education, enterprise development and access to energy..
The company is working closely with Agostinho Neto University in Luanda to help increase the number of qualified engineers and geoscientists that graduate each year, so as to meet both the needs of the oil sector and of the country as a whole. In addition, BP is funding a fully-credited postgraduate programme leading to the award of a Master's of Law Degree (LLM) in Oil & Gas. The programme is a partnership with the Faculty of Law of Agostinho Neto University. It was launched in April 2007 and produced the first 28 graduates from the programme in 2008.
The education support includes projects in various schools in four provinces across the country, and a boys orphanage in Luanda that provides vocational training. The Hard Sciences Dept. of the Higher Teacher Training Institute (ISCED) in Luanda, also received support with the aim to contribute to the enhancement of the capabilities of teachers trained in the institute.
In enterprise development, BP helped the set up and launch of a Business Support Centre (CAE) as part of an industry-wide initiative to help Angolan small and medium sized businesses to develop their capabilities. CAE has so far developed the skills of representatives of some 640 small and medium sized companies in Luanda, Cabinda and Benguela and a around 127 local companies have been awarded contracts in the oil industry with a value of approximately $60.3 million.
In partnership with a local bank, BP is providing support to a micro-credit programme in the provinces of Huambo and Benguela targeting small rural entrepreneurs. The programme ran for the Helios Awards in 2008 and won the Global Partnership Award as a recognition of its impact in the communities and value in establishing sound and effective partnerships. Other programmes supported by BP include the irrigation project in Mabuia, north of Luanda, where a co-operative of farmers is developing around 80 hectares of fertile land by growing vegetables and fruit and selling them in local markets. The solar power project in Paranhos, a village 62km north of Luanda, demonstrated the value of solar energy in rural areas and it is now moving to a next phase which consists of the connection of houses to the main grid. However due to its reliability, the solar system will remain in place to power the school, the clinic and the water pump system.
While HIV/AIDS is not as prevalent in Angola as in other parts of the region, BP wants to help manage the situation before it becomes a major problem. This is translated into supporting Petro Atlético do Huambo football club and through this sponsorship to support an HIV/AIDS awareness raising and education initiative, being implemented by the players and staff of the football club.
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BP has been involved in Angola since the 1970s and has built a strong foundation for long-term growth in the country
