Gabriel Ivaba, speaking during a visit by Cabinda Governor Suzana de Abreu to assess the company’s operational status and production, explained that the current low production is a natural process common to all oil and gas industries.
“Our industry is cyclical, and oil, as we know, is a non-renewable resource. As we continue to explore, production also decreases, requiring new investments,” he said, explaining that another factor contributing to the low production is the drop in oil prices in 2022.
During his explanation, Ivaba emphasized that the industry “has already given the country everything it had to give,” arguing that, until 2019, the zero block had produced a total of five billion barrels.
On the other hand, the official stated that the low production has significantly impacted the workforce, and regarding the activities of local companies within the Malongo Oil Field, the current situation is reversed.
He added, for example, that the Lufua and Safindola platforms, built by local labor in the aforementioned production field, including the Apolónia Group, which provides group meals, have taken over the spaces previously occupied by foreign companies.
In her speech, the governor of Cabinda emphasized that the social, environmental, and local economic impact of Chevron’s operations continues to be positive. Suzana de Abreu expressed satisfaction with seeing several provincial companies operating in Malongo.
Despite the low crude production, the governor was pleased with the increased gas production that feeds the Malembo power turbines, improving the electricity supply in the province.
Currently, the Malongo Oil Field has a total of 1,800 workers. At this time, 25 young people are being trained in the areas of mechanics, electricity, and oil drilling, who will join the oil industry workforce starting in February.
Source: Jornal de Angola
