Angola upstream summary
Report summary
Table of contents
- Executive summary
- Key facts
- Location maps
- Key companies
-
Geology
-
Introduction
- Plate Tectonic Evolution
- Stratigraphy
-
Lower Congo Basin
- Pre-salt sequence
- Aptian Salt Unit
- Post-Salt Sequence
-
Kwanza Basin
- Pre-Salt Sequence
- Aptian Salt Unit
- Post-Salt Sequence
- Namibe Basin
-
Introduction
-
Exploration
-
Licensing
- Early exploration
- 2005/2006 Licensing Round
- 2007/2008 Licensing Round (postponed)
- 2010/2011 Kwanza Basin Licensing Round (pre-salt)
- Angola 2013 Onshore Pre-salt Round (Cancelled)
- 2019 Namibe Basin Round
- Ad-hoc awards
-
Drilling
- Drilling activity
-
Licensing
-
Reserves and resources
- Oil Reserves
- Gas Reserves
-
Production
- Liquids Production
- Gas
-
Infrastructure
-
Oil infrastructure
- Luanda Refinery
- New refineries
- Gas infrastructure
-
Angola LNG
- LNG Plant
- Gas supply and associated pipelines
-
Oil infrastructure
-
Costs
-
Capital costs
- Capital expenditure by location
-
Operating costs
- Operating expenditure by location
-
Capital costs
-
Policy and regulation
- Key legislation
- State oil company
- State participation
- Licensing
-
Fiscal terms
- Overview
- Upstream
-
Mid/Downstream
- Pipelines
- Gas Utilisation
- Current fiscal terms
-
Production Sharing Contracts
- NOC equity participation
- Bonuses, rentals and fees
-
Royalty and other production taxes
- Royalty
- Import duty
- Export duty
- VAT
- Environmental & CO² taxes
- Other Production Taxes
- Domestic Market Obligation (DMO)
- Contractor Revenue Entitlement
- Product Pricing
- PSC Cost Recovery
- Recoverable Costs
- Investment uplift/credit
- Cost Carry Forward
- PSC Profit Sharing
- Corporate (or Petroleum) Income Tax
- Additional Profits Taxes
- Fiscal/Contractual Ring-Fences
- Dividend Withholding Tax
-
Cabinda Concession: Post-January 1982 Terms
- NOC equity participation
- Carry & Reimbursement
- Bonuses, rentals and fees
- Production bonuses
- Area rentals
- Training fees
- Other bonuses and fees
- Import duties
- Royalty
- Export duty
- Environmental & CO² taxes
- Other Production Taxes
- Domestic Market Obligation (DMO)
- Investment uplift/credit
- Corporate (or Petroleum) Income Tax
- Taxable Income
- Tax Rate
- Additional Profits Taxes
- Fiscal/Contractual Ring-Fences
- Dividend Withholding Tax
-
Risk Service Agreement (RSA)
- Carry & Reimbursement
- Bonuses, rentals and fees
- Training fees
- Other bonuses and fees
- Import duties
- Export duty
- Environmental & CO² taxes
- Other Production Taxes
- Domestic Market Obligation (DMO)
- Service Fee
- Petroleum Production Tax (PPT)
- Petroleum Transaction Tax (TTP)
- Corporate (or Petroleum) Income Tax
- Taxable Income
- Tax Rate
- Fiscal/Contractual Ring-Fences
- Dividend Withholding Tax
- Marginal field terms
-
Historical background
- Pre-1970
- 1970s-1980s
- Production Sharing Contracts
- 1990s
Tables and charts
This report includes 30 images and tables including:
- Key facts: Table 1
- Country Map
- Reserves and contingent resources at 01/01/2020
- Net Acreage 2020
- Liquids and Gas Production 2020
- Oil/Liquids
- Production: Table 2
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Liquid Reserves by Sector
- Reserves and resources: Table 3
- Liquids Production by Region
- Gas Production
- Fiscal terms: Table 6
- Map of Angolan Petroleum Basins
- Major Tectonic Phases, Stratigraphic Events and Depositional Stratigraphy of Angola
- Exploration: Table 1
- Exploration: Table 2
- Planned Licence Round Map
- Angolan Exploration Drilling by Region
- Exploration Drilling by Basin
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- Costs: Table 4
- Fiscal terms: Table 1
- Fiscal terms: Table 2
- Fiscal terms: Table 3
- Fiscal terms: Table 4
- Fiscal terms: Table 5
What's included
This report contains:
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