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Angolan oil, offshore
Luanda, Angola8.84°S 13.23°E
computed criticality10/100
reading
~1.1 Mb/d (2024), 2nd-largest liquid fuels producer in sub-Saharan Africa (after Nigeria)
2024Fault line
Angola draws most of its foreign currency from offshore oil worked by the majors, in mature, declining fields. A mono-dependent economy that left OPEC in 2024 over quota disputes.
Actors
TotalEnergies
Chevron
ExxonMobil
Sonangol
Sources