Angola’s oil and gas sector is surging, with October 2025 marking a new milestone in production and investment momentum. The country is not just meeting targets—it’s exceeding them, signaling a bold new chapter for Africa’s energy landscape.
What Happened
Angola has recorded a significant jump in both oil and gas output this October, reinforcing its position as a leading African energy producer. The surge comes as new offshore projects have come online and existing fields ramp up activity, driving daily production well above previous levels.
Major developments include the start-up of Agogo, Begonia, and CLOV Phase 3, all of which have contributed to the spike in output. These projects are part of a broader push to sustain production above one million barrels per day, a goal that now appears firmly within reach.
Why It Matters
The increase in production is more than just a number—it’s a signal of Angola’s growing attractiveness to global investors and its commitment to energy diversification. With over 50 oil and gas concessions already awarded and the target set for 60 by year-end, the country is rapidly expanding its upstream footprint.
Angola’s aggressive licensing strategy and strengthened fiscal policies are making the country a top destination for upstream investment, with billions in capital expected to flow into the sector over the next five years.
The rise in output also supports Angola’s broader economic goals, including reducing reliance on imports and boosting domestic refining capacity. New facilities are set to increase refining output from 65,000 to over 400,000 barrels per day, dramatically cutting the need for imported fuels.
Key Details
Gas Expansion
Angola is not just focusing on oil. The country is advancing its Gas Master Plan, with the first non-associated gas project—Quiluma and Maboqueiro—expected to deliver first gas by late 2025. This marks a major step toward unlocking Angola’s vast gas potential, estimated at more than 38 trillion cubic feet.
Operators are also being incentivized to monetize associated gas from existing oil fields, further diversifying the energy mix and reducing flaring.
Downstream Momentum
Major refining projects, including the Soyo Refinery, are progressing rapidly. These facilities will not only meet domestic demand but also create new export opportunities, supporting regional and international markets.
The national oil company Sonangol is leading the charge, investing heavily across upstream, downstream, and industrial segments. Its upcoming IPO is expected to unlock further capital for future projects.
Environmental Impact
As production rises, Angola is also focusing on reducing emissions. New offshore developments are leveraging modern infrastructure to minimize flaring and greenhouse gas output, aligning with global climate goals.
What Comes Next
With momentum building, Angola is poised to maintain its upward trajectory in both oil and gas production. The country’s aggressive licensing rounds, combined with a focus on gas and refining, are laying the foundation for long-term energy security and economic growth.
As new projects come online and investment continues to pour in, Angola is set to remain a key player in the global energy market for years to come.
