Angola's capital city, Luanda
Angola promotes E&P prospects
The country continues to roll out a busy programme in the hope of reversing the recent decline in its upstream sector
Angola is following up recent fiscal and regulatory reforms by offering more blocks for exploration. And at least some IOCs have reaffirmed their commitment to the country even while pursuing wider policies of decarbonisation and divestment. Angolan energy regulator the ANPG expects to award more than 25 fresh concessions by 2025, matching the number awarded since the start of 2019. The regulator anticipates that a total of eight blocks will have been awarded offshore in the Lower Congo and Kwanza basins by the end of this year. Some of those eight have already been assigned, while other tenders are ongoing. Inland basins will be evaluated and divided into blocks next year so that, by the en
Also in this section
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
22 January 2026
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub
