Dear Colleagues,

Moving out of the shadow of the pandemic and drop in oil demand represents the major challenge for all oil and gas producing countries. In a country like Angola, so rich in natural resources, there has never been a more important time to provide clarity, share information and exchange ideas to ensure that the oil and gas industry in Angola emerges stronger than ever to meet the challenges ahead.

Whilst acknowledging the hard work ahead we look forward with optimism into 2021. Even before the pandemic, Angola had made recent giant strides; President João Lourenço reinvigorated the Angolan economy with long-awaited reforms. The IMF gave Angola endorsement with a huge financing program. The highly respected National Oil, Gas and Biofuels Agency (ANPG) is set to auction an additional 55 oil and gas blocks through 2025 with the aim of replacing the country’s reserves. Sonangol has been undertaking an ongoing Regeneration Program and Angola is aiming to stimulate upstream investment with new incentives for marginal field development and exploration work. 

Angola continues to strive to balance the need for foreign investment with the demand for local content. Given AECIPA’s stated objectives; the Angola Oil and Gas Service and Technology Conference (AOTC) is therefore organized to provide a much-needed platform as a catalyst for business. AOTC will help all stakeholders, domestic and international, to identify opportunities and solutions through new projects and the development of new technologies.

AOTC will be organized through a specialist virtual platform to enable ease of access for all participants with an interest in Angola’s oil and gas industry. The AOTC virtual conference will provide all benefits that delegates would expect at a physical conference; in particular a first-class conference program with speakers drawn from Government, industry leaders and global experts in addition to the opportunity to conduct one-to-one meetings with fellow participants. 

I look forward to meeting all of you online at this special event,

Braulio de Brito