Angolan President João Lourenço to Open Angola Oil & Gas 2025

Angolan President João Lourenço will officially open this year’s Angola Oil & Gas (AOG) conference, setting the stage for discussions as the country celebrates 50 years of independence in 2025. President Lourenço’s participation at the event affirms the instrumental role oil and gas has played over the last 50 years in Angola, with his insights paving the way for the next 50 years of accelerated economic growth.

With just one month to go until the industry unites in Luanda from September 3-4, stakeholders are gearing up to discuss new strategies for accelerating Angola’s exploration and production goals. Striving to sustain crude output above one million barrels per day (bpd) beyond 2027, while advancing developments in non-associated gas, refining and petrochemicals, AOG 2025 is expected to serve as a launchpad for new projects and investments. President Lourenço’s participation reflects the broader goals of the government of Angola to engage international investors and accelerate the growth of Angola’s oil and gas industry.

AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency (ANPG); the Petroleum Derivatives Regulatory Institute (IRDP); national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@ecp.fgxdev.co.za.

Angola’s next 50 years of development will be defined by the government’s proactive approach to policy reform, international engagement and local content. Under the leadership of President Lourenço, Angola has put in place measures that have not only strengthened its attractiveness as an investment destination but created a more inclusive operating environment for local SMEs. Measures include the establishment of the upstream and downstream regulators – the ANPG and IRDP –, the formation of policy such as the Incremental Production Decree, the Gas Master Plan and the Permanent Offer Regime, and amended local content requirements that prioritize local services and contracts. These measures have seen up to 40 new concessions awarded to operators since 2019 – including legacy players such as Azule Energy, TotalEnergies, Equinor, Chevron and ExxonMobil as well as new entrants such as Petronas, Red Sky Energy, ReconAfrica, Petrobras, Shell and more – and accelerated exploration across frontier and onshore basins.

Recent developments across the industry showcase the success of these measures and the opportunity for greater production growth in Angola. In July 2025 alone, the country witnessed three new oil projects come online. Azule Energy started operations at the Agogo FPSO – situated at the Agogo Integrated West Hub Development. The vessel joins the operational Ngoma FPSO, increasing production to 175,000 bpd at Block 15/06. TotalEnergies started production at the Begonia and CLOV Phase 3 Development during the same month. Situated in Block 17/06 and Block 17 respectively, the projects feature a joint production capacity of 60,000 bpd. These milestones come as the country also targets non-associated gas production. Angola made a gas discovery at Block 1/14 in the Lower Congo basin in July 2025, with initial estimated revealing reserves of one trillion cubic feet. The country is advancing the development of its first non-associated gas project – led by the New Gas Consortium – with production on track for 2026. These projects promise a new shift in Angolan oil and gas dynamics, offering opportunities for both production growth and broader economic development.

Stepping into this picture, the AOG 2025 conference will drive Angolan projects forward by offering a platform for partnerships, deals and dialogue. President Lourenço’s participation not only speaks to the significance of the event but its role as a meeting place for the industry. Held under the theme Angola at 50: Oil and Gas as a Development Factor, this year’s edition aligns closely with the goals of the government to position the sector as a catalyst for long-term economic growth.