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Country summary: Angola

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Angola - recent news

18 Mar 25
Angola: Afentra to acquire the interests in Blocks 3/05 and 3/05A held by Etu Energias
Afentra notes the recent press speculation and confirms that Afentra, and another of its joint venture partners, is in discussions to acquire the interests in Blocks 3/05 (10%) and 3/05A (13.5%) held by Etu Energias.
26 Feb 25
Angola: TGS completes reprocessing of MC3D GeoStreamer seismic offshore Lower Congo Basin, Angola
TGS has announced the completion of the reprocessing of the Block 16 GeoStreamer MC3D seismic dataset in Angola’s Lower Congo Basin, in partnership with Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG).
25 Feb 25
Angola: Afentra awarded KON 15 license - onshore Angola
Afentra, the upstream oil and gas company focused on acquiring production and development assets in Africa, has announced that the KON-15 onshore license has been formally approved and awarded. Under the terms of the KON-15 award, Afentra has secured a 45% non-operating interest in the block, alongside Sonangol who will be block operator
21 Feb 25
Angola: Azule Energy and Block 15/06 partners celebrate naming ceremony for the Agogo FPSO
The National Agency for Petroleum, Gas and Biofuels (ANPG), Azule Energy, and the partners of Block 15/06 celebrated today, in Shanghai, People’s Republic of China, the Naming Ceremony of the Agogo FPSO. The Agogo FPSO is part of the Agogo Integrated West Hub Project that aims to develop the two most important discoveries in Block 15/06.
19 Feb 25
Angola: Afentra provides Block 3/05 reserves and resource update
Afentra has provided an update on the latest CPR for Block 3/05, conducted by ERC Equipoise (ERCE). As of 31 December 2024, total net 2P working interest reserves stand at 34.2 mmbo, (gross 114 mmbo). Since the previous CPR in June 2023, gross production of approx. 11 mmbo was offset by a gross increase in reserves of 15.4 mmbo resulting in a reserve replacement ratio of 140% over the 18-month period.

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