AOG 2024: Driving Investment and Growth in Angola’s Expanding Energy Sector

In recent months, Angola has been strengthening cooperation with various global partners to support oil and gas development.

Angola’s oil and gas industry is experiencing rapid growth, with a $60 billion investment pipeline planned for the next five years, a 2025 limited tender on the horizon, and industry reforms offering improved fiscal and contractual terms. Angola Oil & Gas (AOG), the country's premier industry event, connects international stakeholders to the market, serving as a bridge between foreign players and Angolan projects.

AOG is the largest oil and gas event in Angola, supported by the Ministry of Mineral Resources, Oil and Gas; national oil company Sonangol; the National Oil, Gas and Biofuels Agency (ANPG); the African Energy Chamber; and the Petroleum Derivatives Regulatory Institute. The event provides a platform to sign deals and advance Angola’s oil and gas industry. For sponsorship or participation inquiries, contact sales@energycapitalpower.com.

Strong International Focus

In recent months, Angola has been strengthening cooperation with various global partners to support oil and gas development. Recent deals include partnerships with Italy, the UAE, South Korea, Ivory Coast, and many more. These collaborations are expected to drive project development and innovation in Angola while supporting global demand through Angolan exports.

The 2024 edition of the conference aims to bring new players to the market, promoting projects, partnerships, and investment opportunities. In addition to local and regional delegates, AOG 2024 will feature participation from delegations from China, the UK, the UAE, Germany, Portugal, Brazil, and many more. International companies are invited to participate in the event and seize new opportunities in Angolan oil and gas.

Access Upcoming Projects

Last month, ANPG announced a series of measures to support crude oil production in Angola. The country recently awarded oil and gas companies Etu Energias, Effimax Energy, and Grupo Simples Oil a new concession for Block CON 8, with an exploration phase lasting five years from the signing of the contract.

Angola is enhancing cooperation with global players, including international oil companies (IOCs) such as Chevron, TotalEnergies, Azule Energy, and ExxonMobil, to bring new projects online and maintain hydrocarbon production above 1.1 million barrels per day through 2027. A key component of AOG 2024 is unparalleled access to upcoming projects. Attendees will gain exclusive access to the latest requests for proposals, tenders, market trends, policies, and regulations shaping the sector.

Drive Real Investment

Each year, AOG cements itself as the platform of choice for partnerships, collaborations, and multi-billion-dollar deal signings. In 2023, seven industry-advancing deals were signed, laying the foundation for collaboration, market growth, and future prosperity. In 2024, this trend is expected to continue as foreign companies travel to Luanda to engage with Angolan companies. The conference’s multi-track program covers the entire oil and gas value chain, providing insight into investment opportunities and strategic projects.

Participate in Exclusive Networking

AOG 2024 serves as an opportunity for local, regional, and international delegates to collaborate and discover new avenues for investment. Delegates can connect with top energy investors and executives from operators, IOCs, national oil companies (NOCs), independents, government officials, industry innovators, and financiers to expand their professional network.

The event offers extensive opportunities to network and build meaningful business relationships, including exclusive networking breaks and lunches, a closing Networking Cocktail, and the Gala Dinner and Awards, which recognize companies pioneering the oil and gas industry in Angola.

Help Fuel Development

With the recent commencement of construction at Angola’s first integrated economic zone and its first aluminum industrial park, the country is on track to accelerate economic diversification and sustainable development. Apart from oil and gas, AOG 2024 is poised to set the benchmark for development in Angola while facilitating a strategic investment hub for various sectors in the country’s public and private sectors.

Angola continues to provide significant opportunities for international investors to develop energy projects that serve local and international energy demand. AOG 2024 targets key initiatives in the country, including a heightened exploration drive, gas monetization, local content development, and renewable energy, clearly showcasing Angola’s ambition and future plans for development.