EY Joins AOG 2026 as Gold Sponsor Amid $70B Upstream Surge in Angola
As one of the world’s leading professional services firms, EY provides advisory, assurance, tax and transaction services to companies operating across the energy value chain. In Angola, the firm has played an active role in supporting upstream operators, service companies, financial institutions and government entities through project financing, regulatory advisory, market analysis, transaction support and capital strategy.
Angola’s upstream sector is undergoing a new phase of activity, characterized by incremental production initiatives, frontier exploration and redevelopment of mature assets. Billions of dollars in planned investment is expected over the next five years, while the country has witnessed several new players enter the market in recent months. At the same time, downstream projects – 445,000 bpd in refining capacity – are advancing as the country seeks to reduce fuel imports and increase domestic value retention. These developments are capital-intensive and require complex financial structuring, risk analysis and regulatory alignment, areas in which advisory firms such as EY play a key supporting role.
Against this backdrop, AOG 2026 serves as a strategic platform for aligning investors, project developers and advisory partners. The event brings together government leaders, national and international oil companies, financial institutions, engineering firms and service providers to facilitate project development and investment. For advisory firms, the conference provides direct access to project sponsors and policymakers while supporting dialogue around financing structures, regulatory frameworks and investment strategies.
EY’s continued participation at the event reflects the increasing importance of financial advisory and transaction support in Angola’s evolving oil and gas sector. As projects move from seismic to drilling to production and export, companies require support across project valuation, capital raising, mergers and acquisitions, tax structuring and compliance. Expanded gas capacity through projects such as Quiluma and Maboqueiro - the former of which started operations in March 2026 - and ambitions to scale power generation and LPG deployment are also driving demand for advisory services related to project finance and public-private partnership structures.
In this context, companies such as EY play a central role. As Angola works to sustain crude production, expand gas utilization and strengthen downstream capacity, the financial, regulatory and transaction environment surrounding projects will remain a key determinant of investment success. Through its advisory and professional services, EY continues to support companies navigating this landscape, and its presence at AOG 2026 reinforces the role of strategic advisory services in enabling the next phase of Angola’s oil and gas development.

