Source: Africa Oil & Power conference |

Deep Petroleum Industry Reforms Set Angola on Path to Growth in 2019

Key measures include the formation of upstream and downstream taskforces, the privatization of some Sonangol subsidiaries, and the creation of a new regulator to manage concessions

Reforms span from changes in tax law to changes in concession contracts and the opening of marginal fields to African independents. Key measures include the formation of upstream and downstream taskforces, the privatization of some Sonangol subsidiaries, and the creation of a new regulator to manage concessions. The measures are already attracting…

Source: Africa Oil & Power conference |

Independent Oil Companies Turn Attention to Angola: 2019 Licensing Round, Marginal Fields Drive Explorers’ Interest

The Angola Oil & Gas conference will be 2019’s main promotional event for the licensing round and marginal fields

Angola’s licensing round will include a new focus on the development of marginal fields. The Angola Oil & Gas conference (https://AfricaOilandPower.com/event/Angola-Oil-Gas-2019/) will be 2019’s main promotional event for the licensing round and marginal fields. Licensing round and marginal field legislation indicate new strategic direction and opening of Angola’s oil and gas business.…