Angola is on track to award 60 oil and gas concessions by the end of 2025. This comes on the back of the country’s multi-year licensing round and direct negotiation program, signaling a milestone in Angola’s move to sustain production above one million barrels per day.
Speaking at African Energy Week: Invest in African Energies 2025, Alcides Andrade, Executive Administrator at the National Oil, Gas & Biofuels Agency (ANPG), confirmed that Angola has already surpassed its initial goal of SO awarded blocks through annual licensing rounds and direct negotiations.
“Since 2024, we have awarded more than 20 blocks. This has amounted to more than SO blocks. We see the potential to award up to 60 concessions by the end of this year. This has been a result of licensing rounds and direct negotiation,” he stated.
