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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

BW Energy pulls capex guidance as rig loss stalls Gabon drilling

Brazil’s ANP overhauls rules for assigning E&P contracts, scraps partnership review committee

Petrobras hits record 3.51 MMboed in Q3 as Búzios and Mero FPSOs ramp up

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