ExxonMobil Signs Deal with ANPG to Expand Block 15 Acreage, Unlocking New Oil Resources in Angola
Energy major ExxonMobil and its partners in Block 15 have signed a new agreement with Angola’s upstream regulator, the National Oil, Gas & Biofuels Agency (ANPG), expanding the block’s acreage and extending its production potential.
The agreement was formalized during the Angola Oil & Gas 2025 Conference and Exhibition last week in Luanda, marking another milestone in Angola’s strategy to maximize output from legacy fields.
Block 15 is one of Angola’s most prolific offshore oil assets, having produced over 2.6 billion barrels of oil in the past three decades.
The new deal builds on a license extension signed in July 2025, ensuring that ExxonMobil and its partners can continue to invest in and optimize production from this world-class resource.
ExxonMobil operates Block 15 with joint-venture partners Azule Energy, Equinor, and Angola’s national oil company Sonangol.
Together, the partners aim to apply advanced technologies and enhanced recovery methods to sustain production and unlock additional reserves.
“Block 15 has been central to Angola’s oil output for more than 30 years. By expanding acreage and extending licenses, we are creating new opportunities to identify untapped resources, maintain production, and attract further investment,” an ANPG representative noted during the signing ceremony.
Strategic Importance of Block 15
Block 15 has long been considered a cornerstone of Angola’s upstream oil sector. First developed in the 1990s, it hosts multiple large producing fields, including Kizomba A, B, and C, which remain vital to Angola’s oil exports.
With production naturally declining in mature fields, the expansion of Block 15 aligns with Angola’s broader efforts to stabilize output above one million barrels per day.
For ExxonMobil, the agreement demonstrates its ongoing commitment to Angola, where the company has operated for decades.
The expansion provides fresh exploration opportunities and supports Angola’s energy transition goals, as additional revenues from mature assets help finance diversification into natural gas, solar, and other renewable projects.
As Angola prioritizes investment in both mature and frontier blocks, the updated Block 15 agreement reflects the government’s willingness to offer competitive terms to international oil companies.
For ExxonMobil and its partners, the deal ensures that Block 15 will remain a pillar of Angola’s oil production, while also creating opportunities for local suppliers and service providers across the value chain.
