As the National Oil Company (NOC) of Angola, Sonangol is at the forefront of the transformative progress underway in Angola’s energy market and Africa’s second largest oil producer. The NOC is catalyzing large-scale projects, in partnership with local players, global oil and gas majors, and international independents, with the potential for job creation, capacity building, and long-term socioeconomic growth. Following a strategic restructuring to evolve into an integrated energy firm, Sonangol has prioritized boosting Angola’s oil production, positioned the country as a top gas market and maximized the flow of investments to enhance infrastructure across the entire energy value chain.
Responsible for exploration, production, transportation, and marketing of oil and gas in Angola, Sonangol plays a crucial role in enhancing the competitiveness of Angola’s oil and gas resources. Through major projects in progress, including the development of three new refinery facilities, the Angola-Zambia pipeline, the Agogo Oil Field Development, the Cameia-Golfinho Development, and the Begonia Oil Field Development, Sonangol is unlocking Angola’s energy potential.
The firm’s dedication to local content and capacity building has not only reduced reliance on foreign personnel but also created significant employment opportunities, with over 13,000 individuals employed at the company. As an energy company of the future, Sonangol is leading Angola’s energy mix diversification with a wide range of gas and renewable energy projects underway