Angola Plans 2025 International Tender

Angola is set to launch its next international tender in 2025 as part of the country’s six-year licensing round initiated in 2019. The National Oil, Gas & Biofuels Agency (ANPG), Angola’s national concessionaire, is in the final stages of contract negotiations for the concluded 2023 bid round, which attracted 53 bids.

With new investments pouring into the country’s upstream sector, Angola’s existing transport and logistics infrastructure is primed to support new concessions, expediting exploration and the success of upcoming oil and gas ventures.

The licensing rounds are geared towards increasing production, with Angola aiming to achieve 1.1 million barrels per day (MMbpd) until 2027 and eventually ramping up production to 2 MMbpd in the long term. To realise these targets, the country is actively inviting investment in exploration through its six-year licensing strategy.

Currently, the ANPG is finalising production sharing negotiations for a 12-block tender launched in 2023. Nine companies have qualified as operators, with five qualifying as non-operators.

In addition to the upcoming licensing opportunities, Angola offers a range of acreage on a permanent basis. Alcides Fernandes Mendes de Andrade, Executive Administrator at the ANPG, highlighted available blocks, including offshore and onshore blocks in proven basins.

Angola’s medium- to long-term strategy involves expanding its infrastructure production capacity to support new discoveries and bolster production while reducing imports. The country seeks direct investment in infrastructure, with strategic projects in the pipeline.

Key projects include the construction of an integrated terminal and logistics hub in Soyo, offering investors incentives such as import exemptions and tax holidays. Similarly, the Kwanza Terminal and Pipeline Routes Project aim to enhance production capacity and offer similar financial incentives under a public-private partnership model.

With established infrastructure in place, including the Kwanda Logistics Base in Soyo and the Petromar Fabrication Yard, Angola is well-positioned to capitalise on its mature petroleum industry. Additional facilities like the Port of Lobito and ongoing projects like the Lobito oil refinery further strengthen the country’s refining and export capabilities.