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01 Sept 2025

Sonangol Delegation to Outline Investment Strategy at AOG 2025

Sonangol Delegation to Outline Investment Strategy at AOG 2025
Angola’s national oil company Sonangol is pursuing an aggressive development strategy in Angola, striving to consolidate its position as major upstream operator. The company has a strong portfolio in Angola, with stakes in 35 concessions and daily production exceeding 200,000 barrels per day (bpd). Working in collaboration with international and regional players, the company is a driving force behind Angola’s hydrocarbon-led development goals.

A high-level delegation from Sonangol is participating at this year’s Angola Oil & Gas (AOG) conference – taking place September 3-4 in Luanda. The delegation – representing the various segments of Sonangol’s portfolio – joins Sonangol CEO Sebastião Gaspar Martins at the event to discuss the company’s evolving strategy in Angola. Speakers include Katia Epalanga, Executive Board Member; Tatiana Silva, Director General, Academia Sonangol; Alda Agostinho, Director of Exploration; and Higino Fernandes, Director of Renewable Energy. The delegation is participating in several panel discussions and presentations, reflecting the company’s long-term commitment to Angola’s oil and gas future.

AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact [email protected].

Sonangol’s participation comes as the company cements its status as a major producer, with key project milestones achieved in 2025. These include the start of production at the Agogo FPSO – situated in Block 15/06 at the Agogo Integrated West Hub Development –, the Begonia oilfield in Block 17/06 and the CLOV Phase 3 Development in Block 17 in July 2025. The projects collectively add 180,000 bpd to the market. In collaboration with Gemcorp, Sonangol is also preparing to start operations at the Cabinda Refinery in September. The first phase of the development will feature a capacity of 30,000 bpd, while a planned second phase will double output to 60,000 bpd.

On the exploration front, Sonangol is working to unlock new discoveries in both on- and offshore acreage. As a regular participant in the country’s multi-year licensing round, Sonangol has positioned itself at the forefront of Angola’s exploration drive. As the country prepares to launch its next round – featuring ten blocks for exploration in the Kwanza and Benguela basins – Sonangol stands to further solidify its presence in the market.

Sonangol’s investments go beyond the oil and gas sector, with the country spearheading Angola’s just energy transition through a diversified portfolio encompassing projects in renewable energy. The company has expanded into industrial and renewable energy projects, working with international partners to develop mining and steel projects, green hydrogen facilities and solar. These efforts align with the company’s strategy to incorporate alternative energy solutions across its portfolio and reflects the critical role upstream operators play in supporting Angola’s transition. The Sonangol delegation at AOG 2025 will not only share insight into these projects but outline how the company’s evolving investment strategy will unlock economic opportunities for the people of Angola.

 

 

 

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