Continental Focus, International Reach

Angola Delays Bid Round

Monday, June 1, 2020

Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG), the country’s national concessionaire and holder of mining rights for the prospecting, research, evaluation, development and production of liquid and gaseous hydrocarbons, announced that the schedule of the planned bid round will see a delay due to the effects of the COVID-19 pandemic.

”According to the Schedule of Activities of the Bidding Process 2020 , all conditions were created so that by the end of May, the announcement of the intention to launch the public tender was made, pursuant to Presidential Decree No. 86/18, of 02 April. However, due to the current economic constraints caused by the COVID-19 pandemic, this date may undergo minor adjustments,” a statement on the state entity’s website read.

ANPG went on to stress that despite the adverse situation, “the objectives of previously scheduled bids have not changed. The need to streamline and continue petroleum operations in the country remains valid, with emphasis on exploration activities.”

ANPG says it will publish information on the evolution of the process on its portal and in the national and international media, as well as the announcement of the intention to launch the public tender, pursuant to Presidential Decree No. 86/18 , of April 2nd.

Last week ANPG announced that the Data Package for blocks for oil exploration in the Terrestrial Basins of the Lower Congo (CON1, CON5 and CON6) and the Kwanza (KON5, KON6, KON8, KON9, KON17 and KON20) was available. Entities that intend to consult the data of the aforementioned and other available basins, as well as participate in a Data Show Room to be carried out by the national concessionaire, should express their interest through the email [email protected].


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