ANPG, Sonangol, Shell, and Chevron Sign Agreement to Advance Development on Ultra-Deepwater Block 33/24
An agreement for Block 33/24 was signed during AOG 2025, which is taking place this week on September 3-4 in Luanda. The deal was finalized between the National Oil, Gas, and Biofuels Agency (ANPG), national oil company Sonangol, and major energy companies Shell and Chevron, marking a step forward in advancing development activities on the block.
Block 33 is located in the ultra-deep waters of the Congo Basin, at depths ranging between 1,875 and 2,375 meters. To date, six exploration wells have been drilled on the block: Funge-01, Calulu-01, Muteta-01, Jinguinga-01, Muzongue-01, and Sumate-01. The block also benefits from an extensive seismic data base, with the ANPG and data acquisition company TGS having provided an additional 4,238 km² of 3D seismic data over open areas in 2024 as part of a MegaSurvey conducted on Block 33.
This agreement solidifies AOG 2025 as the premier deal-making platform for Angola’s oil sector and comes at a time when operators are seeking new development opportunities both in active basins and in underexplored areas.
