Representatives from international energy companies Chevron, ExxonMobil and Afentra have joined the Angola Oil & gas (AOG) conference to discuss Angolan exploration and production opportunities. With stakes in a variety of strategic assets – from legacy oilfields to non-associated gas to onshore blocks and frontier basins – these companies play a crucial role in driving Angola’s industry goals. Insights shared at AOG 2025 will strengthen the discussion around Angola’s oil and gas development, paving the way for future collaborations and deals.
As one of the country’s biggest producers, ExxonMobil is making strides towards enhancing output at legacy oilfields offshore Angola. Alongside partners, the company started production at the CLOV Phase 3 Development in Block 17 in July 2025, adding 30,000 barrels per day (bpd) to the market. The milestone follows the signing of an amended production sharing contract for Block 17, enabling the ongoing use of existing infrastructure and technical expertise to maximize value from the block. Block 17 features four major hubs: Girassol, Dalia, Pazflor and CLOV. At AOG 2025, Richard Barke, South Atlantic Exploration Manager, ExxonMobil, will share insights into these developments.
AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.
With a view to enhancing oil and gas production in Angola, Chevron is developing a series of projects offshore. These include the country’s first non-associated gas project – led by the New Gas Consortium – which targets first production by 2026. The project incorporates the Quiluma and Maboqueiro fields and will boost feedstock for the Angola LNG facility. In the oil sector, Chevron is expanding its presence in deepwater basins, with the signing of risk service contracts for ultra-deepwater Blocks 49 and 50 in the Lower Congo Basin. The agreements pave the way for seismic studies across the blocks. During AOG 2025, Chevron’s Managing Director, Southern Africa Strategic Business Unit, Frank Cassulo will provide an update on these initiatives.
With interests in both offshore and onshore assets in Angola, Afentra is supporting the country’s production growth through collaboration with industry players. The company has stakes in offshore Blocks 3/05 and 3/05A – where it increased its holding in 2024 – as well as Block 15 and Block 23. Onshore, Afentra’s assets include Block KON 19, following the acquisition of a 45% non-operated stake in 2024. Located in prolific oil regions, these assets offer significant potential for greater production. During AOG 2025, Afentra’s CEO Paul McDade and COO Ian Cloke will share insights into the company’s Angolan growth strategy.