Close Menu
    • ABOUT
    • BOOK STORE
    • ENTREPRENEURSHIP
    • ESG
    • EVENTS & AWARDS
    • POLITICS
    • GADGETS
    • CONTACT
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) LinkedIn
    Business explainerBusiness explainer
    Subscribe
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    Business explainerBusiness explainer
    Home » Angola Oil & Gas Launches in Luanda as $70B Investment Momentum Accelerates
    Events & Awards

    Angola Oil & Gas Launches in Luanda as $70B Investment Momentum Accelerates

    January 29, 2026
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Taking place September 9-10 in Luanda, the event is positioned as the premier dealmaking platform for the country's oil and gas sector
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Angola Oil & Gas Conference & Exhibition (AOG) – organized by Energy Capital & Power (https://EnergyCapitalPower.com) –was officially launched in Luanda on Tuesday, marking the start of the countdown to the country’s premier oil and gas event. Scheduled to take place on September 9–10, 2026, in Luanda, under the theme Investing in the Future of Angola, the event comes on the heels of Angola’s 50 years of independence in 2025, providing a strategic platform for policymakers, operators, financiers and service providers to chart the next five decades of hydrocarbon development. With a one-billion-dollar investment pipeline underway, new barrels coming to the market and expanded activity by both active operators and new entrants, Angola is moving beyond sustained production to become a driving force behind regional hydrocarbon development.

    As one of Africa’s biggest oil and gas producers, Angola has established itself as a home for international capital. The country’s investment environment – built on stability and flexibility – has represented a cornerstone of industry growth, with a multi-year licensing round, permanent offer regime and marginal field opportunities offering regular access to new blocks. This structure has not only enabled the country to attract investment, but supported operators as they scale their operations. The result has been a $70 billion in upstream spending anticipated in the coming years.

    “Angola is entering a decisive phase of growth and consolidation in the oil and gas sector. We have already laid the foundations, so 2026 will be the year to convert projects into production and into real economic impact,” stated José Barroso, Secretary of State for Oil and Gas in Angola at the AOG launch. “Angola is open, ready, and fully equipped to ensure solid and profitable investments. 2026 will be the year to mobilize, invest, and define the next 50 years of our energy sector.”

    Upcoming projects underscore Angola’s position as a major oil and gas hub. The New Gas Consortium is advancing Angola’s first non-associated gas project toward full operational capacity following its operational start in 2025. The project will not only enhance feedstock for Angola LNG and domestic power generation plants but strengthen exports. In the oil sector, Azule Energy is moving toward phase three of the Agogo Integrated West Hub Development following the start of phase two operations in 2025. TotalEnergies is developing the Kaminho project – the first large-deepwater development in the Kwanza Basin – with production on track for 2028.

    Onshore, independent oil and gas companies are making strides toward revitalizing production. Companies to the likes of ReconAfrica, Corcel, Oando and Sintana Energy are advancing seismic data acquisition and drilling activities, targeting play-opening discoveries. Frontier drilling is also underway, with operators seeking to unlock new Atlantic margins such as Namibe.

    Downstream development is gaining momentum, anchored by the Lobito Refinery, which is currently under development with production targeted for 2027. The project is expected to enhance fuel security, reduce imports and support regional supply, reinforcing Angola’s ambition to move further down the value chain. The development comes on the back of the start of operations at the Cabinda Refinery in 2025 – the second operational facility in the country.

    As the country looks toward 2026 and beyond, AOG will continue to serve as a platform for driving Angolan oil and gas development. Over the years, the event has evolved from a conference into a platform that facilitates deals, fosters partnerships and addresses key opportunities and challenges faced by the industry, with over 3,000 attendees, 150 speakers and 600 companies participating.  

    “AOG is a space to create strategic partnerships, share knowledge and accelerate investments that will define Angola’s energy future over the next 50 years,” stated Luis Conde, Project Director at Energy Capital & Power.

    Held under the patronage of João Manuel Gonçalves Lourenço, President of Angola, with the endorsement of the Ministry of Mineral Resources, Oil and Gas, the National Oil, Gas & Biofuels Agency, the Petroleum Derivatives Regulatory Institute, Sonangol and the African Energy Chamber, AOG 2026 returns to chart the next five decades of oil and gas development in Angola.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleHow Data Centers are Reshaping Africa’s Power Market
    Next Article 2025 in Review: Risks that Emerged in South Africa

    Related Posts

    R19 Billion EV Boom Takes Shape

    May 18, 2026

    Connecting Suppliers With Africa’s Top Food and Beverage Buyers

    May 18, 2026

    Private Equity Firm Appian Acquires Namibia Mine for R6.6bn

    May 15, 2026
    Top Posts

    Growthpoint Dominates with 19 SACSC Footprint Awards

    November 14, 2025

    How Botswana Operations Drove De Beers’ Quarterly Gains

    October 28, 2025

    Orange Joins MTN in Elite 300 Million Customer League

    October 24, 2025

    Nersa Opens Public Consultation on Eskom’s New Tariff Calculation 

    October 24, 2025
    Don't Miss

    Government Launches R300m Fund to Back Women Entrepreneurs

    Entrepreneurship

    The Department of Small Business Development and the Small Enterprise Development and Finance Agency have…

    SA to Send Delegation to Strait of Hormuz

    May 19, 2026

    Pick n Pay Raises R4.7bn via Boxer Share Sale

    May 19, 2026

    Going Off-Grid Could Void Your Insurance

    May 19, 2026
    Stay In Touch
    • Twitter
    • LinkedIn
    • Facebook

    Business Explainer proudly displays the “FAIR” stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council’s website, www.presscouncil.org.za or email the complaint to khanyim@presscouncilsa.org.za Contact the Press Council on 011 4843612.

    Facebook X (Twitter) LinkedIn
    Categories
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    contact us
    • Get In Touch
    © 2026 Business Explainer
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.