The Invest in African Energy 2025 Forum in Paris will place significant emphasis on upcoming licensing rounds, such as Angola's, as well as the assessment of contractual terms and the solicitation of seismic data.
In light of the recently announced details for Angola's 2025 licensing round, African exploration markets are actively seeking to attract upstream investment through the implementation of more favorable terms and offerings for global investors. Angola's forthcoming bid round presents 29 opportunities within hydrocarbon-rich basins, effectively mitigating financial risk for exploratory companies. The process is characterized by transparency, efficiency, and flexible contracts, rendering it an enticing investment proposition.
The Invest in African Energy (IAE) 2025 Forum, scheduled for May 2025 in Paris, will center on ongoing and upcoming licensing rounds in 2025. This forum, now in its third iteration, serves as a platform to showcase Africa's energy investment and partnership prospects. The event will highlight available oil and gas acreage, as several African nations, such as South Africa, Mozambique, Kenya, and Libya, are anticipated to initiate new rounds in 2025. Furthermore, discussions will delve into strategies for African upstream markets to enhance their contractual and fiscal terms, thereby attracting a diverse range of exploration companies to promising acreage.
In the upcoming bid round, Angola aims to attract investment and maximize the potential of its hydrocarbon resources. The ANPG will launch a limited tender in Q1 2023, offering nine offshore blocks in the Kwanza and Benguela basins. Additionally, four onshore blocks, 11 blocks on permanent offer, and five marginal fields are available for participation. These marginal fields are located within producing blocks with proven petroleum systems, including ExxonMobil's Block 15 and bp's Block 18. The fields can be awarded individually, demonstrating Angola's commitment to attracting a diverse range of investors, including juniors, independents, and major explorers. Furthermore, Angola's introduction of fiscal reforms that reduce tax royalties and income tax requirements for marginal discoveries serves as a model for other African producers seeking to attract investment in marginal resources.
In addition to identifying opportunities for exploration blocks, the upcoming IAE Forum in Paris will prioritize the need for improved seismic and subsurface data in both established and emerging African markets. In Angola, the ANPG aims to expedite research and evaluation activities, particularly in sedimentary basins. This initiative seeks to enhance geological knowledge of existing and potential hydrocarbon reserves. The objective is to stimulate short-term production by developing assets near existing production infrastructure, while also planning for the mid- to long-term development of marginal fields. The high demand for seismic and geophysical companies in African oil and gas markets, such as Angola, presents an opportunity for the forum to connect relevant companies with seismic data acquisition and processing opportunities.
IAE 2025 (http://apo-opa.co/3XUJaHv) is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 14-15, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.