Angola is gearing up to launch its next oil and gas licensing round in 2025, inviting US-based exploration and production companies to seize upcoming block opportunities.
As part of a six-year licensing initiative initiated in 2019, the country recently concluded a 12-block tender in January 2024 and is currently finalizing negotiations for production sharing.
During a networking event hosted by Angola Oil & Gas (AOG) 2024 in Houston on March 19, Secretary of State for Oil & Gas, H.E. José Alexandre Barroso, emphasized the importance of promoting opportunities in Angola’s oil and gas sector.
Barroso highlighted Angola’s commitment to embracing both hydrocarbons and renewables, underscoring the potential for simultaneous investment in the oil sector while prioritizing cleaner technologies to mitigate carbon and methane emissions.
