Case Study
Virtual Data Room of the National Petroleum, Gas, and Biofuels Agency of Angola (ANPG)
Client
ANPG
Services
Data & AI & IoT
Industry
Mineral Resources, Oil & Gas
Context
Angola heavily relies on oil, which constitutes 90% of the country's exports. As existing oil fields are reaching maturity, it is essential for Angola to attract foreign investment to explore and develop new fields, ensuring continuity in production for the future.
In this context, the project aims to implement a Virtual Data Room (VDR) solution for the National Petroleum, Gas, and Biofuels Agency (ANPG), playing a crucial role in the 2019-2025 Concession Bidding Strategy. The VDR facilitates secure and controlled access to exploration data, enabling interested companies to assess the potential of the concessions and adjust their proposals accordingly.
Challenge
The main challenges included:
New Entity
Before implementing the VDR, ANPG faced the challenge of being a new entity tasked with executing the 2019-2025 Concession Bidding Strategy, lacking adequate infrastructure to efficiently provide geological and petroleum information to investors.
Secure Access
Secure and controlled access to this data was essential to attract concessionaires and promote investment.
COVID-19
This challenge was compounded by ANPG's digital transformation strategy and the COVID-19 pandemic, which made in-person solutions unfeasible, turning the VDR into the sole method to provide information access to oil operators.
Solution
The solution implemented by SATEC focused on:
To address these challenges, a Virtual Data Room (VDR) solution based on the IVAAP platform by the French company INT was implemented, specifically designed for the energy industry. IVAAP is a framework enabling cloud-based data visualization and collaboration, compatible with the formats and data sources used in the energy sector.
Results
The implementation of the VDR has had a significant positive impact on ANPG, facilitating secure and remote access to geological and exploration data for companies interested in oil concessions. Since its launch, the VDR has substantially increased access requests, with ANPG reporting a 150% rise in inquiries, reflecting greater investor interest and contributing to the strategic goal of attracting foreign capital for new field exploration.
Increased Investor Interest
The VDR has facilitated controlled access to key exploration data, resulting in a 150% increase in system access requests.
Promoting Angola's Petroleum Potential
The system has enabled ANPG to efficiently showcase the country's energy potential to potential investors.
Digital Transformation
The VDR has been key in ANPG's digital transformation process, modernizing and improving its internal operations.
Greater Operational Efficiency
The solution has enabled agile and efficient information management, reducing response times and facilitating decision-making.
Secure Remote Access
The platform has guaranteed secure and remote data access, particularly crucial during the COVID-19 pandemic.
ANPG is highly satisfied with the implementation of the Virtual Data Room solution, a strategic tool for promoting Angola's petroleum potential, attracting foreign investments, and digitally transforming the organization.
Lúmen Sebastião, Head of Data Archive Office