georgemiller
Publish Date: Fri, 31 Oct 2025, 06:43 AM

CAPE TOWN, Oct 31 (Reuters) - Angola's national oil and gas agency, ANPG, will sign an exclusive negotiation agreement with oil major Shell (SHEL.L) , opens new tab to explore and develop Blocks 19, 34, 35 as well as ultra-deep water blocks, it said in a statement late on Thursday.
The signing ceremony will take place on November 3.
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"This event marks a historic moment for the Angolan oil sector, consolidating Shell's presence in Angola," Angola's National Oil, Gas and Biofuels Agency said.
Angola is Sub-Saharan Africa's second-largest crude oil producer after Nigeria. It has undertaken major regulatory reforms to attract new investment into its energy sector, aimed at keeping production above 1 million barrels per day.
https://www.reuters.com/sustainability/boards-policy-regulation/angola-sign-exclusive-oil-exploration-agreement-with-shell-government-says-2025-10-31/