Angola: 2023 Licensing Round

As advised earlier, Angola (through its petroleum regulator ANPG) is promoting a new licensing round for onshore blocks in the Lower Congo and Kwanza basis (the “2023 Licensing Round”). A total of 12 blocks will be awarded, designated as KON1, KON3, KON7, KON10, KON13, KON14, KON15, KON19, CON2, CON3, CON7 and CON8), and located as depicted below:

Yesterday (19 June 2023) ANPG made the first presentation session of the 2023 Licensing Round at a hotel in Luanda. The presentation was widely attended, both in person and online, by potential investors and other stakeholders of the Angolan oil industry.

The following schedule was announced by ANPG:

• 30 September 2023 – Terms of Reference and Tender Procedures will be announced.
• 9 November 2023 – Deadline for submission of bids.
• 10 November 2023 – Bids are opened by the Tender Committee.
• 25 December 2023 – Deadline to evaluate the bids by the Tender Committee.
• 15 January 2024 – Bid results are announced.
• 19 March 2024 – Deadline to conclude negotiation of the contracts (Production Sharing Contracts)

Additional information can be obtained in the ANPG website www.anpg.co.ao. 

For any questions, please contact Rui Amendoeira at rui.amendoeira@onelegal.pt

Rui Amendoeira – OneLegal Partner