Middle East / Africa
Country profile: Angola
Location: | Southern Africa, bordering the South Atlantic Ocean, between Namibia and Democratic Republic of the Congo,0 |
Climate: | semiarid in south and along coast to Luanda; north has cool, dry season (May to October) and hot, rainy season (November to April) |
Terrain: | narrow coastal plain rises abruptly to vast interior plateau |
Size: | 1246700 sq. km total (Land area: 1246700 sq. km ) |
Population: | 12,531,357(July 2008 est.) |
Languages: | Portuguese (official), Bantu and other African languages |
Government: | republic; multiparty presidential regime |
Capital city: | Luanda |
Legal system: | based on Portuguese civil law system and customary law; modified to accommodate political pluralism and increased use of free markets; has not accepted compulsory ICJ jurisdiction |
Currency: | kwanza (AOA) |
Licensing: |
Country profile
Energy production and consumption
Oil | Gas | |
Production: | 1 million bbl/day (2005 est.) | 767 million cu m (2005 est.) |
Consumption: | 50,000 bbl/day (2005 est.) | 767 million cu m (2005 est.) |
Exports: | 1 million bbl/day (2004) | (2005 est.) |
Imports: | 18,290 bbl/day (2004) | (2005) |
Reserves: | 25 billion bbl (2007 est.) | 44 billion cu m (1 January 2006 est.) |
Major fields: |
Angola - recent news
25 May 23 |
Angola: Eni and Sonangol expand cooperation in decarbonization and sustainable energy transition areas Eni and Sonangol have signed a Memorandum of Understanding to further expand the scope of the cooperation between the two companies by developing studies in the agribusiness value chain and in other sectors of decarbonization, including energy transition minerals and innovation ecosystem. |
24 May 23 |
Angola: Corcel acquires 90% interest in APEX AIM-listed Corcel, the extractive industries exploration and development company, with interests across battery metals and oil and gas, has signed its first oil and gas acquisition with the purchase of a 90% interest in Atlas Petroleum Exploration Worldwide ('APEX'), that has working interests in several historically producing oil assets in the Kwanza Basin, onshore Angola. |
17 May 23 |
Angola: Afentra receives Ministerial approval of Block 3/05 licence extension Afentra has provided an update regarding the previously announced Angolan acquisitions. The Company has confirmed that an Executive Decree to formally approve the period of the Block 3/05 licence extension, extending the production sharing agreement ('PSA') to 31 December 2040, has been published in the Diário da República. |
10 May 23 |
Angola: Afentra announces completion of INA acquisition Afentra has provided an update regarding the previously announced Angolan acquisitions. Afentra has completed the acquisition from INA of a 4% interest in Block 3/05 and 4% interest in Block 3/05A offshore Angola. |
02 May 23 |
Angola: TotalEnergies signs a heads of agreement related to the future development of Blocks 20 and 21 TotalEnergies and Sonangol have signed a heads of agreement related to the future development of the Cameia and Golfinho fields, located on Blocks 20 and 21 in the Kwanza basin. |
Angola - more news
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