Angola Delays Launch of Onshore Licensing Round but Releases Data Package

Source: www.gulfoilandgas.com 6/1/2020, Location: Africa

The Angola National Agency of Oil, Gas, and Biofuels (ANPG), as the national concessionaire for the exploration and production (E&P) of liquid and gaseous hydrocarbons in Angola, has announced that the Data Package referring to the blocks for oil exploration in the Onshore Basins of the Lower Congo (CON1, CON5 and CON6) and the Kwanza (KON5, KON6, KON8, KON9, KON17 and KON20) is now available to all companies.

The interested parties in consulting the data of the above-mentioned basins and other available, as well as participating in a Data Show Room to be carried out by the national concessionaire, should express their interest via the ANPG website.

Additionally, the ANPG informs that, as per schedule, the 2020 Bidding Process had all the conditions prepared to announce the intention to launch a public tender until the end of May under the terms of Presidential Decree 86/18 of April 2nd.

However, due to the current constraints caused by the COVID-19 pandemic, ANPG believes that will be necessary to make some adjustments. It is important to note, nevertheless, that despite this moment of adversity, the objectives have not changed in relation to the previously announced bidding schedules. The need to streamline and continue oil operations in the country remains valid, with the particular emphasis on exploration activities.

The national concessionaire will notify, through announcements on the ANPG website and in national and international media, the relevant developments regarding this bidding, as well as any announcements of the intention to launch a public tender, pursuant to Presidential Decree No. 86/18 of April 2nd for the above-mentioned blocks on the Onshore Basins of the Lower Congo and Kwanza.


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