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Angola offshore

Angola nears 2019 bid round

LUANDA, January 14, 2019 – Angola is finalising preparations for its 2019 bid round, the country’s oil minister told international media Friday.

 

“The new strategy for the [licensing] of onshore and offshore blocks will be approved soon, and it will not just be a strategy for [this] year but for the period 2019-25,” Minister of Mineral Resources and Petroleum Diamantino Azevedo told S&P Global Platts.

The minister added that the round will include both on and offshore blocks in the Congo, Kwanza and Namibe basins.

The minister first announced the plans for a 2019 bid round in October 2018.

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