Angola launches Namibe Basin bid round as new agency pursues sector reform
Issue 400 - 26 Sep 2019
Angola has announced details of a forthcoming licensing round offering blocks in the Namibe and Benguela basins. The round is the first outing for the new Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG), created from splitting Sonangol’s roles as concessionaire and equity holder, and a first test for whether last year’s reforms to the country’s oil and gas laws can attract new licensing interest. The blocks on offer are Block 10 in the southern Benguela Basin and blocks 11, 12, 13, 27, 28, 29, 41, 42 and 43 further south in the Namibe Basin.
Want to read more?
Extra Large Article
(Access to one 1,201 plus word article)
Don't have an account?
Register for access to our free content
An account also allows you to view selected free articles, set up news alerts,
search our African Energy Live Data power projects database and view project locations on our interactive map