Angola

Angola

Angola’s onshore oil and gas sector is gaining renewed attention as the Government of Angola seeks to diversify exploration and production beyond its mature offshore fields. In particular, the Kwanza Basin, which stretches along the central-western coast of Angola, holds significant hydrocarbon potential, and is historically under-explored compared to Angola’s prolific offshore deepwater blocks. The basin is now a focal point of efforts to revitalise the country’s upstream sector, with recent licensing rounds and regulatory reforms opening the door for both international oil companies and local players to participate in onshore exploration and production.

In Angola, Sintana holds an indirect interest in the KON-16 licence in the onshore Kwanza Basin (subject to completion of the transaction to acquire that interest, which was entered into by the Company in May 2025, with completion expected in H1 2026).