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Angola. Image Credit_Flickr

Angola’s Latest Bid Round Piques Interest of Major Operators

Launched in February 2022, Angola’s 2021/22 licensing round has attracted proposals from Eni, TotalEnergies and Equinor. The eight-block bid round is part of a comprehensive, six-year licensing strategy led by the ANPG to stimulate a short-term increase in national production and replace the country’s existing reserves.

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GDP Growth

Exploring Angola’s Upstream Potential

Angola’s major basins hold sizable untapped reserves – estimated at 57 billion barrels of oil and 27 trillion cubic feet of natural gas – resulting in development opportunities across each stage of the exploration life-cycle.

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