Angola grants Shell exclusive rights to negotiate exploration of key oil blocks

LUANDA, November 3, 2025 – Angola will grant Shell exclusive rights to negotiate the exploration and development of Blocks 19, 34, 35 and ultra-deepwater areas, the national oil and gas agency said in a statement on Thursday.

The signing ceremony with the National Oil, Gas and Biofuels Agency (ANPG) will take place on November 3. The agreement is part of Angola’s effort to maintain production above 1 million barrels per day and attract international investment.

“This event marks a historic moment for the Angolan oil sector, consolidating Shell’s presence in Angola,” ANPG said.

Shell is a global energy company headquartered in the UK, operating across oil, gas, LNG, power and low-carbon energy sectors. Its services include exploration, production, refining, trading and marketing of energy products.

In Angola, Shell is expanding its upstream portfolio, focusing on offshore and ultra-deepwater blocks to build reserves and support national production goals.

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