Angola’s Upstream Expansion: Local Content and Corporate Structuring
Angola is seeking to sustain oil production above the 1-million-barrel-per-day level while encouraging further investment in its upstream sector. Major developments include ExxonMobil’s extended commitment to offshore Block 15 through 2037 and plans for further onshore and offshore licensing activity. For international energy companies, contractors, and investors, these opportunities come with increasing requirements around local […]
