The ongoing bid-round is a manifestation of Angola’s strategy for the continuous attribution of petroleum concessions 2019-2025
The Onshore Lower Congo Basin Blocks include CON1, CON5 and CON6; while the Onshore Kwanza Basin Blocks comprise KON5, KON6, KON8, KON9, KON17, and KON20.
The ongoing bid-round is a manifestation of Angola’s strategy for the continuous attribution of petroleum concessions 2019-2025 which was approved and codified by Presidential Decree no. 52/19, of 18 February 2019.
It aims to expand research and evaluation activities across sedimentary basins, increase geological knowledge of Angola’s hydrocarbon potential and invite a new wave of explorers to yield new discoveries.
For bidding rules and procedures please click here (https://bit.ly/3h6Q07v).
The Angolan Agency for Oil, Gas and Biofuels counts on Africa Oil & Power (AOP) – the continent’s leading energy investment platform – as a consultant. Please contact Joao@energycapitalpower.com for further information.