Insight
Can fiscal reforms breathe new life into Angola's oil and gas business?
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Angola has implemented a suite of reforms in the past year, aimed at averting a production slump brought about by years of under-investment. The new Marginal Fields terms offer incentives which include a 50% cut in Royalty and Income Tax for small deepwater developments. Gas fiscal terms are also being offered for the first time, giving companies the opportunity to market gas resources that were previously stranded. In this Insight, we analyse the impact of the new terms on a typical Angolan deepwater project, consider how the new gas terms will be applied to existing and new discoveries and discuss what the reforms will mean for Angola's upstream future.
Table of contents
-
Major reforms to Angola's upstream sector
- Marginal field terms:
- A big improvement but questions remain
- Block 31 Southeast case study
- Gas Terms
- Simple terms but how will they be applied?
- Will the new terms help?
- A marginaleffect on oil production?
- A dash for gas?
- 1 more item(s)...
Tables and charts
This report includes the following images and tables:
- Marginal field criteria
- Marginal field incentives
- Impact of marginal fields terms on Block 31 Southeast
- Gas fiscal terms
- Regional gas terms analysis
- Angola oil production forecast
- Angola liquids reserves and resources
- Angola gas production outlook
What's included
This report contains:
Other reports you may be interested in
Asset Report
TSP Area
Teak, Samaan and Poui (TSP) are three oil and gas fields located offshore Trinidad's east coast. For many years, TSP was the ...
$3,720
Wallmap
Southern and Eastern Africa Oil and Gas Wallmap
Wood Mackenzie has produced a detailed wallmap showing the latest oil and gas information of southern and eastern Africa.
$550
Country Report
Spain upstream summary
Spain has set an end date for oil and gas activities - In 2021, the Spanish government introduced the Climate Change and Energy ...
$4,080
