Angola will award the nine onshore concessions offered in the 2020 round, to winners on September 23, 2021.
The country has meanwhile launched a bid round for the award of eight offshore oil blocks, in the same week the government says it has selected winners for the 2020 awards.
A total of 16 companies, of which 13 are Angolan and three foreign, submitted 45 investment proposals for the exploration of CON 1, CON 5, and CON 6 (onshore Lower Congo) and KON 5, KON 6, KON 8, KON 9, KON 17, and KON 20 (onshore Kwanza Basin) in the 2020 bidding process. The contestants include Monka Oil, Brightoil, Mineral One, PRODIAMAN, Alpha Petroleum, Sonangol P&P, MTI Energy, Tusker Energy, Somoil, AIS, PRODOIL, UPITE Oil Company, Simples Oil Group, Service Cab, Omega Risk Solution, and Intank Group.
Once the award for the 2020 round is over, however, the focus will move to the competition for the eight acreages on offer in the 2021 round.
The 2021 round, announced on September 14, 2021, features three acreages in the Kwanza Maritime Basin (Blocks 7/21, 8/21, and 9/21) and five in the Lower Congo Maritime Basin (Blocks 16/21, 31/21, 32/21, 33/21, and 34/21).
“The tender for the attribution of blocks under bidding takes place under the terms of numbers 1 and 2 of article 45 of Law 10/04, of 12 November (Petroleum Activities Law) and in accordance with Presidential Decree no. 297/10, of December 2nd, (Establishes the rules and procedures of the Limited Public Tenders)”, the National Agency of Petroleum, Gas, and Biofuels (ANPG) says in a release.
Companies that show interest in this tender will be selected, based on their proven experience and accumulated knowledge in the field of hydrocarbon exploration in basins with recognized geological complexity.
To consult data in face-to-face and virtual format, interested companies must register via email: dataroom@anpg.co.ao
For additional information on the 2021 Bidding process and additional consultation on the legislation, ANPG invites worthy investors to contact the Negotiations Department through the e-mail: licitacoes@anpg.co.ao
