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How to fight declining production: Angola research trip takeaways

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WoodMac analysts spent the week of 29 May in Luanda and held discussions with the leading upstream players in Angola: oil majors, NOCs, local juniors, regulators and government bodies. We received an update on the upstream development plans. And surfaced a few recurring themes: fiscal terms competitiveness and how to incentivise investment, roadblocks for gas monetisation, cost inflation and upstream supply chain bottlenecks, achievements on emissions reduction and additional opportunities.

Table of contents

    • Updated development plans
    • Fiscal terms’ competitiveness
    • Gas monetisation concerns
    • Supply chain bottlenecks
    • Upstream emissions

Tables and charts

This report includes 5 images and tables including:

  • Angola liquids production by development status
  • Government share of pre-tax, pre-state-share NPV and investor IRR
  • Gas production in Angola
  • Global offshore supply chain capacity and utilisation
  • Angola emissions intensity by water depth

What's included

This report contains:

  • Document

    How to fight declining production: Angola research trip takeaways

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