The National Oil, Gas, and Biofuels Agency (ANPG) will present 30 business opportunities next year through the bidding of blocks in the Lower Kwanza and Benguela basins, as well as the permanent offer regime.
Speaking at the launch gala of The Energy Year magazine’s 2024 edition in Luanda, ANPG Executive Director Alcides Andrade urged investors to explore these opportunities available in 2025.
Andrade, quoted in an ANPG statement, announced that nine blocks will be available in the Lower Kwanza and Benguela basins, along with others offered on a permanent basis, making a total of 30 investment prospects.
“The government is open to doing business, focusing on flexibility, contractual, and fiscal stability to find mutually beneficial solutions for all parties,” Andrade emphasized, reflecting ANPG’s commitment to fostering investment in Angola’s energy sector.
The gala also celebrated key contributors to the industry, with ANPG receiving the “Public Institution of the Year” award.
Other notable winners included Edson dos Santos, CEO of Etu Energias, as “Personality of the Year” and Chevron, recognized as “Operator of the Year.”
ANPG highlighted the importance of collaboration between industry players and specialist communication platforms, allowing for a deeper understanding of industry dynamics in Angola.
