Portuguese Energy Company Galp Returns to Angola Oil Exploration as Sonangol Partnership Strengthens
Portuguese energy company Galp is preparing to return to oil exploration activities in Angola, marking a renewed interest in one of Africa’s most important oil-producing markets.
The company is planning new investments in Angola’s upstream oil and gas sector through renewed cooperation with Sonangol, Angola’s state-owned oil company.
The move reflects growing confidence in the country’s petroleum industry and its long-term exploration potential.
Galp previously reduced its upstream presence in Angola after selling its oil production interests to local energy company Etu Energias in 2024.
The company, however, maintained a presence in the country’s fuel distribution sector through Sonangalp, a partnership with Sonangol.
The planned return comes as Angola continues efforts to attract international investment into its oil and gas industry.
The government has introduced reforms aimed at improving the investment environment, increasing exploration activity and sustaining production levels.
Angola remains one of Africa’s largest oil producers, with petroleum exports playing a major role in the country’s economy. The sector contributes significantly to government revenue, foreign investment and economic development.
The return of Galp could create new opportunities across the oil and gas value chain, including services, logistics, engineering and local supplier participation.
Increased exploration activity may also support future discoveries and strengthen Angola’s position as an energy hub in Africa.
For Galp, the renewed involvement provides an opportunity to re-enter a market where it has established long-term relationships and experience. The company’s move comes as global energy firms continue to evaluate opportunities across Africa’s hydrocarbon-rich regions.
The partnership between Galp and Sonangol highlights Angola’s strategy of combining international expertise with stronger local participation to develop its energy sector.
As exploration investments increase, Angola continues to position itself as an attractive destination for oil and gas companies seeking new opportunities in Africa.
