Angola has attracted more than $10 billion in investment across mature oilfields through regulatory reforms and a flexible approach to investor engagement, according to Alcides Andrade, Executive Board Member at the National Oil, Gas & Biofuels Agency (ANPG). Speaking during a fireside chat at African Energy Week 2026 in Cape Town, Andrade said the investments have helped extend the life of existing assets and add approximately one billion barrels to the country’s reserves, supporting production over the next five years. The investments form part of the ANPG’s broader strategy to…
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