U.S. energy giant Chevron is intensifying its involvement in Angola’s energy sector, committing significant investments to both liquefied natural gas (LNG) and deepwater oil projects.
The move marks a strategic shift to bolster Angola’s hydrocarbon development and support the country’s broader goals of economic diversification.
Through its Angolan subsidiary, Cabinda Gulf Oil Company, Chevron is ramping up feedstock output for the Angola LNG (ALNG) facility, the nation’s only LNG plant, while simultaneously pursuing new offshore exploration ventures.
In December 2024, Chevron marked a major milestone with the launch of gas production from the Sanha Lean Gas Connection project.
The development aims to enhance natural gas supply from Block 0 to the Soyo-based ALNG plant and associated power stations.
According to company projections, a forthcoming second phase will boost capacity to 300 million standard cubic feet per day—doubling current production levels and solidifying Angola’s position in the global LNG market.
Chevron is also advancing Angola’s first non-associated gas initiative via the Quiluma and Maboqueiro fields. Operated by the new gas consortium—comprising Azule Energy, Sonangol E&P, and TotalEnergies—the project is scheduled to commence production in late 2025 or early 2026.
The development represents a critical leap toward diversifying Angola’s gas portfolio beyond traditional associated gas sources.
On the oil front, Chevron is expanding its ultra-deepwater footprint through risk service contracts signed in 2024 for Blocks 49 and 50, located in the Lower Congo Basin.
These new ventures complement Chevron’s long-standing operations in Blocks 0 and 14, reinforcing its sustained commitment to Angola’s upstream sector.
Industry analysts view Chevron’s enhanced investment as a key driver for regional energy security, job creation, and future international partnerships.
The strategic alignment of LNG expansion and deepwater oil exploration positions Angola to attract further foreign investment and solidify its standing as a leading energy hub in sub-Saharan Africa.
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