The professional services firm EY (Ernst & Young) is strategically deploying Artificial Intelligence (AI) solutions to help modernize Angola's oil and gas sector, targeting improvements in both operational efficiency and environmental performance.
Enhancing Operations with Digital Technology
According to André Afonso, Managing Partner for EY Angola, who spoke at the Angola Oil & Gas 2025 conference, the firm's technological focus includes:
- Minimizing Downtime: Using AI models to predict potential equipment failures and operational issues across facilities like LNG plants and offshore platforms, thereby maximizing uptime.
- Reducing Emissions: A key achievement involves leveraging AI to monitor client operations in real-time, allowing them to detect and prevent gas flaring events before they occur.
- Widespread Application: These digital solutions are being applied across the entire value chain, including production, processing, and transportation.
Linking Capital to Growth
Beyond technology, EY is playing a crucial role in enabling Angola's investment and diversification goals:
- Financial Facilitation: EY's main business involves acting as a crucial link, helping to secure financiers for promising energy projects in Angola.
- Investment Readiness: The firm provides advisory services, assisting companies with auditing, financial structuring, and preparing robust business plans to successfully attract international investment.
- Gas Market Focus: EY is actively supporting the development of Angola's growing natural gas sector, helping to connect exploring companies with the necessary trading and financing partners to realize the country's gas monetization strategy.
This dual focus on advanced technology and capital structuring positions EY as a key partner in supporting Angola’s efforts to stabilize oil output while driving growth in new areas like gas and refining infrastructure (such as the Cabinda and Lobito refineries).
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