Angola: Local mid-size players dominate onshore oil round

Issue 443 - 22 Jul 2021 | 2 minute read

Local companies dominated bid submissions in the onshore oil exploration round, which was delayed from 2020. State oil and gas agency Agência Nacional de Petróleo, Gás e Biocombustíveis (National Agency for Oil, Gas and Biofuels – ANPG) said on 12 July that 16 firms, 13 of them Angolan, had presented investment proposals for oil exploration in the Lower Congo and Kwanza basins.

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