Angola

We are BP in Angola

BP is committed to build a safe, reliable and sustainable operating company in Angola that enhances BP's exploration and production returns and contributes to the social and economic development of Angola

BP has been in Angola since the 1970s, and in the 1990s acquired interests in four deepwater offshore blocks some 200 kilometres northwest of Luanda. In 2011, we acquired interests in five new deepwater and ultra deepwater blocks in the Kwanza and Benguela basins to the south of the capital. BP is one of the largest foreign investors in Angola, having invested approximately $30 billion by the end of 2016, and with plans to continue to invest well into the future.

We are the operator of blocks 18 and 31 and have non-operated interests in blocks 15, 17, 20, and 25 as well as in the Angola LNG project in Soyo. Our block 19 exploration licence expired on 31 December 2016 and the block has now been relinquished.

As part of ongoing portfolio evaluation, BP has decided to relinquish its 50% interest in Block 24 but remains committed to Angola and is now focusing on managing the base and exploring other opportunities that create value to BP and Angola.