Angola Block 33/24 Development Agreement Signed by ANPG, Shell, Chevron at AOG 2025
An agreement to advance development activities at Angola’s Block 33/24 was signed during the Angola Oil & Gas Conference and Exhibition (AOG 2025), held from September 3-4 in Luanda.
The deal was formalized by Angola’s upstream regulator, the National Oil, Gas & Biofuels Agency (ANPG), alongside national oil company Sonangol and international energy majors Shell and Chevron.
Block 33 is located in the ultra-deepwaters of Angola’s Congo Basin, with water depths ranging from 1,875 to 2,375 meters.
To date, six exploration wells have been drilled in the block: Funge-01, Calulu-01, Muteta-01, Jinguinga-01, Muzongue-01, and Sumate-01.
The block is supported by extensive seismic data, with ANPG and data acquisition firm TGS releasing an additional 4,238 km² of 3D seismic coverage over open acreage as part of a MegaSurvey scheduled for 2024.
The agreement highlights AOG 2025 as the premier dealmaking platform for Angola’s oil and gas sector. It reflects the continued push by operators to explore and develop opportunities across both active and undeveloped basins.
