Following details of Angola’s 2025 licensing round announced earlier this week, African exploration markets are making a push for upstream investment by deploying more attractive terms and offerings for global investors.
The upcoming bid round offers 29 opportunities in oil-and-gas-rich basins, minimizing financial risk for exploratory companies. The process is transparent, efficient, and offers flexible contracts, making it an attractive investment prospect.
At the Invest in African Energy (IAE) 2025 Forum in Paris in May 2025, which returns for its third edition to showcase Africa’s energy investment and partnership opportunities, the key focus will be ongoing and planned licensing rounds in 2025 – as well as the evaluation of work program obligations and contractual competitiveness.
Angola’s upcoming bid round aims to do just this – according to its latest announcement, the ANPG will launch a limited tender in the first quarter of next year featuring nine offshore blocks in the Kwanza and Benguela basins.
The country also has four onshore blocks available, 11 blocks on permanent offer and five marginal fields open for participation – representing the first marginal field round in the country.
In addition to block opportunities, the call for enhanced seismic and sub-surface data in Africa’s mature and frontier markets will be a central focus of the IAE Forum in Paris.
In Angola, the ANPG is seeking to accelerate research and evaluation activities – particularly in sedimentary basins – and expand geological knowledge of new and existing hydrocarbon reserves, with a view to stimulating short-term production through the development of assets located nearby existing production infrastructure, coupled with mid- to long-term development of marginal fields.
