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Shell expands in Angola with $1 billion offshore exploration investment

Shell expands in Angola with $1 billion offshore exploration investment

by Offshore Reporter | Nov 3, 2025 | Offshore

Shell will invest about $1 billion on new oil blocks in Angola as the southern African nation seeks to boost production that’s dwindled over the years, the chairman of the oil regulator said.

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Shell expands in Angola with $1 billion offshore exploration investment

Latest News

UK weighs early end to North Sea windfall tax amid talks with oil and gas producers

Guyana president to open OTC 2026 in Houston as offshore investment surges

Saipem drillship acquisition canceled as Deep Value Driller sells unit to third party

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