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 |

Oil & Gas Upstream

Angola upstream oil and gas intelligence — production data, block concessions, deepwater exploration, FPSO deployments, and operator analysis.

Angola remains Africa’s second-largest crude oil producer, with output averaging approximately 1.13 million barrels per day in 2024. The upstream sector is the backbone of the national economy, contributing roughly 75 per cent of government revenues and 90 per cent of export earnings. This section provides granular intelligence on every dimension of Angola’s upstream operations — from deepwater field development and FPSO contracts to production sharing agreement structures and the strategic implications of the country’s January 2024 exit from OPEC.

Angola Oil Block Concessions: Full Map and Operator Directory

Complete directory of Angola's oil block concessions with operators, block status, production data, and basin locations.

Feb 25, 2026

Angola Oil Production Forecast: Decline Curves and New Developments

Detailed Angola oil production forecast through 2030 with decline curve analysis, new field contributions, and scenario modelling.

Feb 25, 2026

Angola's Deepwater Field Development Pipeline: Kaminho to Begonia

Comprehensive review of Angola's deepwater field development pipeline including Kaminho, Begonia, Ndungu, and emerging prospects.

Feb 25, 2026

Deepwater Drilling Contractors Active in Angola's Offshore Blocks

Comprehensive guide to deepwater drilling contractors operating in Angola, including rig fleet, day rates, and operator contracts.

Feb 25, 2026

Enhanced Oil Recovery: Can EOR Reverse Angola's Production Decline?

Analysis of enhanced oil recovery techniques applicable to Angola's mature offshore fields, covering WAG, polymer, and low-salinity methods.

Feb 25, 2026

FPSO Contracts and Deployments in Angola's Deepwater Fields

Detailed guide to FPSO vessel contracts and deployments across Angola's deepwater oil blocks, including operators and specifications.

Feb 25, 2026

How Angola's Production Sharing Agreements Work: Complete Guide

Complete guide to Angola's production sharing agreements, covering fiscal terms, cost recovery, profit oil splits, and recent reforms.

Feb 25, 2026

Offshore Production Technologies Transforming Angola's Output

Analysis of offshore oil production technologies deployed in Angola, from subsea boosting to digital oilfield and FPSO innovations.

Feb 25, 2026

Seismic Survey Campaigns in Angola: 2025-2026 Activity Tracker

Tracking seismic survey campaigns across Angola's oil exploration blocks, covering operators, contractors, and prospective basins.

Feb 25, 2026

Subsea Engineering in Angola: Key Contractors and Projects

Guide to subsea engineering services in Angola, profiling key contractors, ongoing projects, and technology trends in deepwater.

Feb 25, 2026

Upstream Investment Opportunities in Angola's Oil Sector 2026

Explore upstream oil and gas investment opportunities in Angola for 2026, including fiscal reforms, open blocks, and operator strategies.

Feb 25, 2026

Well Intervention and Workover Activity in Angola's Mature Fields

Analysis of well intervention and workover services market in Angola, covering operators, technologies, and mature field strategies.

Feb 25, 2026
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