Angola intends to replicate its maiden multi-year licensing round for oil and gas acreage from 2026, a senior government energy official said, as the country looks to boost production and investment.
The first multi-year auction for 50 onshore and offshore blocks was for 2019-2025, as Angola strives to arrest a steep decline in crude oil production from mature oilfields.
“We have already started to work on a plan for after 2025 and are currently executing our exploration strategy which is the…
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