Angola Opens Congo, Kwanza Blocks in Ongoing Bid Round

New round part of the nation’s multi-year oil and gas licensing strategy.

Angola opens licensing round.
Angola opens licensing round.

Angola’s National Oil, Gas, and Biofuel’s Agency has opened blocks for licensing in the Onshore Lower Congo Basin and the Onshore Kwanza Basin as part of its 2020 oil and gas licensing round. This latest call to tender is part of the agency’s ongoing 2019–2025 hydrocarbons licensing strategy.

The Onshore Lower Congo Basin Blocks include CON1, CON5, and CON6; while the Onshore Kwanza Basin Blocks comprise KON5, KON6, KON8, KON9, KON17, and KON20.

The round aims to expand research and evaluation activities across sedimentary basins, increase geological knowledge of Angola’s hydrocarbon potential, and invite a new wave of explorers to yield new discoveries.