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Turning the Corner in Angola


  • Read more on Angola's market outlook in the Special Report 2020: Angola COVID-19 Response – outlining the country's path toward creating bankable opportunities, resuming drilling activities and taking proactive fiscal measures to boost liquidity in the interim.
  • Prior to the onset of COVID-19, Angola was set to see a rise in production to 1.4 million barrels per day (bpd), following the introduction of a new royalty and tax regime aimed at boosting energy investment.
  • Unlike several of its oil and gas-producing neighbors, Angola has not experienced cancellations of any large-scale projects due to COVID-19 and has sought to maintain its production, in accordance with OPEC-issued quotas.



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