Country Report
Angola upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Angola is Sub-Saharan Africa's second largest oil producer - behind Nigeria. Oil production is relatively steady at 1.1 million b/d and primarily comes from deep or ultradeep waters. We do not expect production in Angola to materially grow above current levels despite continued investment. Many larger fields are now mature, having been developed in the 2000s and 2010s. Most new production will offset decline from existing production.Angola left OPEC in December 2023, after 16 years of ...
Table of contents
- The NOC
- The Majors
- Other companies
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Introduction
- Plate tectonic evolution
- Stratigraphy
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Lower Congo basin
- Pre-salt sequence
- Aptian salt unit
- Post-salt sequence
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Kwanza basin
- Pre-salt sequence
- Aptian salt unit
- Post-salt sequence
- Namibe basin
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Licensing
- 2025 deepwater limited tender licensing round
- 2023 onshore licensing round
- 2021 offshore licensing round
- 2020 onshore licensing round
- 2019 Namibe basin round
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Early exploration and licensing
- 2005/2006 licensing round
- 2007/2008 licensing round (postponed)
- 2010/2011 Kwanza basin licensing round (pre-salt)
- Angola 2013 onshore pre-salt round (cancelled)
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Drilling
- Drilling activity
- Success rates
- Gas resources
- Oil/liquids
- 20 more item(s)...
Tables and charts
This report includes the following images and tables:
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Liquids production by regionGas production
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Map of Angolan petroleum basinsMajor tectonic phases, stratigraphic events and depositional stratigraphy of AngolaMap: 2019 - 2025 licensing scheduleAngolan exploration drilling by regionExploration drilling by basinTechnical and Commercial Success Rates
- 10 more item(s)...
What's included
This report contains:
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