Angola Oil & Gas 2026 opens with focus on investment, exploration and industry growth
<p>Luanda, Angola: The Angola Oil & Gas (AOG) 2026 conference and exhibition opened in Luanda on Wednesday with government officials, international energy companies, investors and industry experts gathering to discuss the country’s oil and gas prospects, investment opportunities and the next phase of development in the sector.</p> <p>Held at the Centro de Convenções de Talatona, the…
Luanda, Angola: The Angola Oil & Gas (AOG) 2026 conference commenced on Wednesday, uniting government officials, international energy corporations, investors and industry professionals to discuss Angola's oil and gas potential, investment opportunities and future development. The two-day event, held at the Centro de Convenções de Talatona, featured a strategic conference, technical sessions, exhibition and business engagements.
A notable highlight was the signing of Heads of Terms agreement by ANPG with QatarEnergy, Shell and Sonangol covering Blocks 8 and 22 in the Kwanza Basin. The agreement outlines exploration, appraisal, development and production, including minimum work commitments and fiscal terms. Prominent speakers included NJ Ayuk, Farid Ghezali and senior representatives of Angola's energy institutions.
The morning sessions emphasized Angola's investment proposition, with ANPG presenting its investment case and executives from Eni, bp and Chevron discussing investor value opportunities. The afternoon sessions focused on government and industry engagement, including a deal-signing ceremony and ministerial addresses. Minister of Mineral Resources, Petroleum and Gas, H.E.
Diamantino Pedro Azevedo, emphasized the government's commitment to attracting investment, sustaining oil production and unlocking new opportunities in the country's hydrocarbon value chain. The minister highlighted Angola's $70 billion upstream investment pipeline and the importance of continued exploration to counter production declines from mature fields.
Angola's gas development and commercialization were also key topics. TotalEnergies CEO Patrick Pouyanné announced plans to invest $10 billion in Angola over five years, including the $6 billion Kaminho project and new exploration licences for offshore Blocks 17 and 32. The conference concluded with a gala dinner and awards ceremony, positioning Angola as a key destination for investment, exploration, technology and partnerships in Africa's energy industry.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
