Connecting United States Investors to Angola: Angola Oil & Gas 2024 to Host Networking Event in Houston [Video]

Angola Oil&Gas (AOG) 2024 (www.AngolaOilandGas.com) will host a networking event on March 19 in Houston in collaboration with Angola’s national concessionaire and industry regulator, the National Oil, Gas&Biofuels Agency (ANPG). Speakers are expected to highlight the significant opportunities Angola’s oil and gas sector continues to offer investors across the entire value chain, but particularly in exploration and production.

Angola plans to increase oil production to 1.18 million barrels per day (bpd) this year with the goal of reaching previous heights of close to 2 million bpd in the mid- to long-term, following an expected boom in new exploration. To this effect, Angola is inviting global E&P companies to invest in exploration to achieve this goal. The country concluded its most recent oil licensing round – a 12-block tender featuring blocks in the Lower Congo and Kwanza basins – in January 2024, with the next round scheduled for 2025.

Angola’s proven oil and gas resources …