Oil Production: 1.13M bpd ▲ +4% vs 2023 | Crude Exports: $31.4B ▲ 393M bbl (2024) | Proved Reserves: 2.6B bbl ▼ Declining | LNG Capacity: 5.2 mtpa ▲ Soyo Terminal | Refining Capacity: 150K bpd ▲ +Cabinda 30K | Hydro Capacity: 3.67 GW ▲ Lauca 2,070 MW | Electrification: 42.8% ▲ Target: 60% | Oil Revenue Share: ~75% ▼ of Govt Revenue | Upstream Pipeline: $60-70B ▲ 2025-2030 | OPEC Status: Exited ▼ Jan 2024 | Oil Production: 1.13M bpd ▲ +4% vs 2023 | Crude Exports: $31.4B ▲ 393M bbl (2024) | Proved Reserves: 2.6B bbl ▼ Declining | LNG Capacity: 5.2 mtpa ▲ Soyo Terminal | Refining Capacity: 150K bpd ▲ +Cabinda 30K | Hydro Capacity: 3.67 GW ▲ Lauca 2,070 MW | Electrification: 42.8% ▲ Target: 60% | Oil Revenue Share: ~75% ▼ of Govt Revenue | Upstream Pipeline: $60-70B ▲ 2025-2030 | OPEC Status: Exited ▼ Jan 2024 |

Key Players

Profiles of major operators in Angola's energy sector — Sonangol, TotalEnergies, Chevron, Azule Energy, ExxonMobil, Shell, and oilfield services.

Angola’s energy sector is shaped by a diverse ecosystem of international oil companies, the state-owned national oil company Sonangol, oilfield service providers, law firms, consultancies, and government regulators. This section provides deep-dive profiles of every significant player — from TotalEnergies’ six-FPSO operation on Block 17 to Azule Energy’s landmark Gajajeira gas discovery and Shell’s return to Angolan exploration with a 17-block MoU.

ACREP: Angola's Emerging Independent Oil Company

Profile of ACREP, Angola's emerging independent oil and gas company, covering its strategy, blocks and role in domestic upstream development.

Feb 25, 2026

ANPG: How Angola's Upstream Regulator Works

Operational guide to ANPG, Angola's petroleum regulator, covering its licensing process, approval workflows and industry engagement.

Feb 25, 2026

Azule Energy: The BP-Eni Joint Venture Reshaping Angola's Oil Sector

Complete profile of Azule Energy, the BP-Eni 50:50 joint venture in Angola, covering its 16 licences, 200K+ boed production and gas strategy.

Feb 25, 2026

Chevron in Angola: CABGOC Operations, Gas Development and Output

Complete profile of Chevron's operations in Angola covering CABGOC, Blocks 0 and 14, Sanha gas, Block 33 and production outlook.

Feb 25, 2026

Equinor in Angola: Exploration Blocks and Operational Footprint

Profile of Equinor's operations in Angola, covering Blocks 17, 46, 47, exploration strategy and its largest hub outside Norway.

Feb 25, 2026

ExxonMobil in Angola: Block 15, Kizomba Complex and Legacy

Profile of ExxonMobil's operations in Angola, covering Block 15, the Kizomba FPSO complex, Likembe discovery and strategic outlook.

Feb 25, 2026

Gemcorp: The Investment Firm Behind Angola's Cabinda Refinery

Profile of Gemcorp's investment in Angola's Cabinda refinery, covering project details, financing structure and strategic significance.

Feb 25, 2026

Oando in Angola: Onshore Kwanza Basin Operations

Profile of Oando's operations in Angola, covering its Block KON-17 award in the onshore Kwanza Basin and expansion strategy.

Feb 25, 2026

Oil and Gas Jobs in Angola: Recruitment Agencies and Hiring Trends

Guide to oil and gas recruitment in Angola, covering leading agencies, hiring trends, salary benchmarks and local content employment rules.

Feb 25, 2026

Oilfield Service Companies Operating in Angola: Complete Directory

Comprehensive directory of oilfield service companies operating in Angola, covering drilling, subsea, well services, logistics and marine.

Feb 25, 2026

Petronas in Angola: Kaminho Partnership and Deepwater Ambitions

Profile of Petronas' Angola operations, covering its Kwanza Basin partnership with TotalEnergies, Kaminho development and growth strategy.

Feb 25, 2026

PRODEL, ENDE and RNT: Angola's Power Sector Entities

Profile of Angola's power sector entities PRODEL, ENDE and RNT, covering their mandates, reform progress and electrification strategy.

Feb 25, 2026

Shell in Angola: The Return to Offshore Exploration

Profile of Shell's return to Angola in October 2025, covering its 17-block MoU, exploration strategy, and strategic rationale.

Feb 25, 2026

Sonangol: Company Profile, Strategy, and Privatisation Progress

Comprehensive profile of Sonangol, Angola's state oil company, covering restructuring, privatisation plans, strategy and financial performance.

Feb 25, 2026

Top Oil and Gas Consulting Firms Operating in Angola

Directory of leading oil and gas consulting firms operating in Angola, covering strategy, technical advisory, fiscal modelling and ESG services.

Feb 25, 2026

TotalEnergies in Angola: Blocks, Production, Projects and Strategy

Complete profile of TotalEnergies' operations in Angola, covering Block 17, Kaminho FID, production data and corporate strategy.

Feb 25, 2026
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