Angola plans to increase the number of awarded oil and gas concessions to 60 by the end of 2025 as part of its continued drive to open up the country’s energy sector and attract global investors.
The National Agency for Petroleum, Gas and Biofuels (ANPG) disclosed the plan during the African Energy Week in Cape Town, where it outlined the government’s ongoing reform strategy to boost oil and gas exploration across onshore and offshore basins.
ANPG explained that the target would be achieved through a mix of international licensing rounds and direct negotiations with oil companies.
The agency reported that more than 50 blocks have been awarded since 2019 under the government’s 2019–2025 hydrocarbons development strategy.
Expanding licensing rounds and reform plans
Officials of ANPG stated that the country’s licensing efforts are part of a long term plan to sustain production and create a more transparent investment environment for the oil and gas industry.
The agency mentioned that reforms introduced in recent years include improved fiscal policies, simpler licensing terms, and flexible production sharing agreements that allow investors to recover costs faster.
In addition, ANPG has organised tenders across major basins such as Namibe, Benguela, and Kwanza, which hold significant untapped reserves.
These efforts form part of the national drive to restore Angola’s competitiveness following years of declining production and limited foreign participation.
The regulator further explained that ongoing initiatives like the Gas Master Plan are central to the country’s transition towards gas development and cleaner energy production.
According to ANPG, the Quiluma and Maboqueiro gas projects are expected to begin operations by late 2025, representing one of the most important steps in Angola’s effort to develop a sustainable domestic gas industry.
Production outlook and future prospects
Angola currently produces about 1.1 million barrels of oil per day (bpd), down from nearly 1.9 million bpd in the 2010s.
The government aims to stabilise national output above one million bpd while using gas projects to diversify energy sources and ensure long term revenue stability.
The country’s recent discovery of gas and condensates at the Gajajeira-01 well in Block 1/14, operated by Azule Energy in July 2025, has reinforced optimism about the potential of Angola’s upstream sector.
Industry observers in Luanda noted that the find could strengthen future concession rounds and encourage more participation from international oil companies.
Moreover, Angola’s Ministry of Mineral Resources, Petroleum and Gas stated earlier this year that the government remains committed to transparent licensing processes and to maximising national participation in future developments.
The ministry explained that collaboration between public institutions and private operators is crucial to achieving the 60 concession target by the end of the year.
