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Drastic times call for clinical measures: 2017 Angola research trip takeaways

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Report summary

Angola s production is set to fall from 2019 due to a lack of investment. Fiscal changes to encourage development have missed the mark and are likely to be reviewed. Sonangol's restructuring is ongoing and the NOC s slower decision making and approval process has further stalled activity. For life to be breathed into Angola's upstream industry a smooth political transition in elections in August is required along with clarity on revised fiscal terms and a fully functioning and lean Sonangol.

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    2017 Angola Research Trip.pdf

    PDF 988.88 KB

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