New BP Angola headquarters unveiled

September 06, 2014 | Angola, Company Operations

Luanda, Angola | — The new BP Angola headquarters called “Torres do Carmo”, was inaugurated Friday in Luanda with a view to housing all the administrative structure of the oil company.

The 25-storey building was inaugurated by the State Secretary for Oil, Aníbal Silva in representation of the incumbent minister.

18 billion kwanzas (USD 180 million) was earmarked for the construction of project.

The infrastructure also comprises meeting rooms, training halls, gym, medical centre, videoconferencing room, floor for technological exposure and 142 parking sites.

The new office building consists of two towers (832 residential apartments and offices), whose building met the international security and construction standards.

In his turn, the director general of BP Angola, Martyn Morris, said that the inauguration of the new building is an evidence of commitment to set up strong and lasting partnerships with national Dealers.

BP Angola foresees an output of about 347, 000 barrels / day. Of this figures, 172,000 / day in block 31 and 175, 000/day from block 18.

With a refining capacity of 2, 354 provides, the BP Angola is expected in two weeks to begin drilling in block 24.

BP operates the block 18 (50%), 19 (50%), 24 (50%) and 31 (26, 6%) and interests in block 15 (26.6%) operated by ESSO in blocks 17 (16.6%) and 25 (15%) operated by Total.

It also operates in block 20 (30%) by Cobalt, block 26 (40%) operated by Petrobrás and Angola LNG project with a participation of 13.64 percent.

So far, BP has invested over USD 25 billion in its assets in Angola and foresees to invest over USD 15 billion in research and development next ten years.

In addition to Angola, the company is also represented in 80 countries.