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IHS Markit to host Angola's licensing round promotions for 10 hydrocarbon blocks

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Oilfield Technology,

IHS Markit has been selected by the National Agency of Petroleum, Gas and Biofuels of Angola (ANPG), to facilitate its upcoming hydrocarbon licensing round presentations in Luanda, Angola, Houston, US, London, UK, and Dubai, United Arab Emirates, during September.

ANPG, the national concessionaire for Angola, holds mineral rights for the exploration, development and production of liquid and gas hydrocarbons in the West African country, and has announced it will launch a bid round for the award of exploration and production rights for a total of 10 blocks in the following areas offshore Angola:

Namibe Basin—Blocks 11, 12, 13, 27, 28, 29, 41, 42 and 43

Benguela Sub-Basin—Block 10

The blocks, which are all considered frontier, currently have no hydrocarbon production. During the upcoming roadshow presentations, ANPG will present technical details regarding the round, provide an overview of the geology of the blocks on offer, discuss fiscal terms, potential hydrocarbon reserves, the timeline for the rounds, qualification requirements and submission guidelines. Several seismic vendors with seismic coverage of the blocks on offer will also be present.

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