Angola

ANGOLA CONCLUDES 2023 LICENSE BID ROUND, SELECTS PREFERED BIDDERS


Published: Tuesday January 23, 2024
By: Oilfield Africa Review

The National Agency of Petroleum, Gas and Biofuels (ANPG) have finally disclosed the selected preferred bidders of the country 2023 onshore licensing bid round. The agency in its capacity as National Concessionaire and holder of mining rights for prospecting, research, evaluation, development and production of liquid and gaseous hydrocarbons throughout Angola and acting as National Concessionaire, under the terms of Presidential Decree No. 86/18, of April 2, makes public the result of the Public Tender for the Lower Congo and Kwanza Onshore Basins, open to national or foreign entities, which resulted in the qualification of companies and the formation of the Contractor Groups below.

12 (twelve) oil blocks will be put up for tender, 4 (four) located in the Onshore Basin of the Lower Congo ( CON 2, CON 3, CON 7 and CON 8 ) and the other 8 (eight) in the Onshore Kwanza Basin ( KON 1, KON 3, KON 7, KON 10, KON 13, KON 14, KON 15 and KON 19 ). The estimated potential of the blocks described (STOOIP) is 1 560 MMBO for the Lower Congo Basin and 5 440 MMBO for the Kwanza Basin.

QUALIFICATION OF COMPANIES

The process was based on the evaluation of the Requirements for acquiring the status of Associate of the National Concessionaire, namely Operator (financial, technical capacity and suitability) and Non-Operator (financial capacity and suitability), established in Articles 4 and 5 of DP no. 86/18 as indicated in the table below:

=

Sponsored Partners

Discover our premium partners and explore their innovative solutions in the industry
Conferences & Exhibitions
Cost of Services in Nigeria’s Oil and Gas Industry is Cheapest in Africa – PETAN President
Saturday December 6, 2025
Solar energy
Scatec Starts Grootfontein Solar Power Plant in South Africa
Saturday December 6, 2025

Sponsored Partners

Discover our premium partners and explore their innovative solutions in the industry

Upstream
Shell Increases Interest in Atapu and Mero Units Offshore Brazil
Saturday December 6, 2025
Conferences & Exhibitions
NCDMB Unveils $100m Equity Investment Scheme as Execution Hits 61% in 2025
Saturday December 6, 2025
Gas & Power
Nigeria Begins ₦185bn Gas Legacy Debt Repayment
Friday December 5, 2025
Namibia
Namibia Aims for First Oil at Kavango West 1X Onshore Well
Friday December 5, 2025
Acquisition And Merger
Shell, Equinor Merge to Adura, the UK’s Largest North Sea Producer
Monday December 1, 2025
Conferences & Exhibitions
Practical Nigerian Content (PNC) 2025 Forum Returns to NCDMB Content Tower, Yenagoa
Friday November 28, 2025
Gas & Power
TotalEnergies Demobilizes Its Floating LNG Terminal in Le Havre
Wednesday November 26, 2025