Connecting producers and suppliers with customers and markets worldwide, bp Supply, Trading & Shipping sits at the intersection of energy production, transportation and consumption. The company’s participation at AOG 2026 comes as Angola seeks to strengthen its position as a competitive oil and gas producer while maximizing the value generated from its resources.

As one of Africa’s largest oil and gas producers, Angola has set clear objectives to sustain production above one million barrels per day (bpd) while increasing natural gas development and exports. Monthly crude production measured approximately 31 million barrels in June 2026 – equivalent to 1.039 million bpd - while gas production averaged 2,663 million cubic feet per day. During the same period, Angola’s total crude liftings were 34.16 million barrels, of which 33 million barrels were exported and 1.07 million barrels made available for the Luanda refinery.

Looking ahead, Angola strives to bolster output through enhanced recovery and infill drilling at mature assets alongside forays into frontier exploration basins. Recent developments include TotalEnergies extending the life of the prolific Block 32, enabling the continuous development of the assets; Etu Energias advancing appraisal drilling at Block 2/05; Sonangol progressing a redevelopment program at Blocks 3/05 and 3/05A; and Afentra targeting 2026/2027 FID on its Block 3/24 discoveries.

As crude production stabilizes and gas output rises, Angola is gradually positioning itself to play an increasingly central role in global supply chains. As a strategic player in the global market, bp Supply, Trading & Shipping is well-positioned to support this next phase of growth. The business integrates bp’s oil, gas and lower-carbon value chains while providing capabilities spanning commodity trading, supply, logistics, pricing and risk management.

AOG 2026 will examine this entire value chain. The conference brings together policymakers, operators, financiers, service companies and other industry stakeholders to discuss investment opportunities spanning exploration and production, gas, infrastructure, logistics and downstream development.

For bp Supply, Trading & Shipping, the event provides a platform to engage stakeholders around the commercial systems underpinning international energy trade. As Gold Sponsor, the company is expected to contribute a global market perspective to conference discussions, reinforcing the importance of trading, shipping and integrated supply chains to Angola’s continued development as a major African energy producer.