By Macson Obojemoinmien, in Windhoek
Angola’s hydrocarbon regulatory agency Angolan National Oil, Gas and Biofuels Agency (ANPG) has scheduled, for Tuesday April 6, 2021, a hybrid online and physical roadshow for the country’s next acreage licencing-round, at the Talatona Convention Centre in Luanda.
This will kickstart a series of both digital and in-person roadshows and technical presentations to promote the blocks to be awarded in key international markets. This event will also provide the opportunity for investors to engage with the agency regarding the blocks on offer, the data packages and the accessibility studies, as well as touch upon environmental, logistical and local content issues.
The contest proper starts on April 30, 2021. The deadline for the submission of proposals runs until June 9, 2021, in compliance with the 40 days provided for by law, and the opening ceremony for proposals will take place on June 10, 2021.
In line with the provisions of Presidential Decree No. 86/18, of 2 April 2019, which establishes the rules for the organisation of bid rounds, the bid round will unfold as follows:
- Tender Launch
- Proposal submission
- The opening of offers from potential suitors in a public setting
- The evaluation and qualification of proposals
- The submission of the evaluation report to the Ministry of Mineral Resources and Petroleum and Gas
- Contract negotiation with the winners of the bid-round
Data available includes 2D seismic coverage of the LowerCongo Basin, a recently updated Geological Map and Database of the Onshore Kwanza Basin and a compilation of recent aeromagnetic data covering the Transition Zone and Shallow Waters of the Lower Congo and Kwanza Basins.
Nine blocks are on offer, in the Lower Congo and Kwanza Basins: they include:
- Three blocks of the lower Congo onshore Basin CON1, CON5 and CON6
- Six of the Kwanza onshore Basin (KON5, KON6, KON8, KON9, KON17 and KON20)
The country’s International Competitive Bid Round for oil gas licenses, announced in 2019, is a scheduled offering for onshore and offshore, in the period 2019-2025.
ANPG), awarded three blocks: 27, 28, and 29, offshore in the deepwater Namibe Basin in 2019.
In 2020, the bidding plans were disrupted by COVID-19 complications.