Prioritizing proven or developed assets, the Australian firm is seeking new opportunities in Angola.

The agreements will see Oman and Angola cooperate in the areas of energy, mining and finance.

The Cabinda Gulf Oil Company (CABGOC), a subsidiary of energy supermajor Chevron, has successfully achieved first gas from its Sanha Lean Gas Connection project in Angola. At a cost of

South Africa is well-positioned to learn valuable lessons from Angola’s oil and gas industry to enhance its own energy sector and drive socioeconomic growth.

Following oil exploration, the company will conduct feasibility studies to evaluate the block’s potential oil production capacity.

The trade agreement focuses on private sector growth and investment in key sectors.

Angola’s 2025 project pipeline supports the country’s goals of maintaining crude output above one million bpd while spurring diversification through investments in natural gas and renewable energy.

The USAID mission aims to strengthen U.S.-Angola relations by reinforcing strategic partnerships.