Luanda: bp Supply, Trading and Shipping, the distribution arm of energy giant bp, has announced its participation as a Gold Sponsor in the Angola Oil and Gas (AOG) 2026 Conference and Exhibition. This move underscores the company's commitment to engaging in dialogues about Angola's potential in the global oil and gas market.
According to African Press Organization, bp Supply, Trading and Shipping operates at the critical juncture of energy production, transportation, and consumption, linking producers with customers and markets worldwide. As Angola aims to reinforce its stature as a competitive oil and gas producer, bp's involvement is timely and strategic, particularly as the nation seeks to maximize resource-derived value.
Angola, one of Africa's foremost oil and gas producers, is focused on maintaining production levels above one million barrels per day (bpd) while boosting natural gas output and exports. In June 2026, the country's crude production stood at approximately 31 million barrels, or 1.039 million bpd, with gas production averaging 2,663 million cubic feet per day. During the same month, Angola's total crude liftings reached 34.16 million barrels, with 33 million barrels designated for export and 1.07 million barrels allocated to the Luanda refinery.
Looking forward, Angola plans to enhance output through improved recovery techniques and infill drilling at mature sites, alongside exploring new basins. Notable developments include TotalEnergies prolonging the productive life of Block 32, Etu Energias progressing with appraisal drilling at Block 2/05, Sonangol advancing redevelopment at Blocks 3/05 and 3/05A, and Afentra aiming for a final investment decision on Block 3/24 discoveries by 2026/2027.
As Angola stabilizes its crude production and increases gas output, it is poised to become a central player in global supply chains. bp Supply, Trading and Shipping is strategically positioned to support Angola's growth, integrating bp's oil, gas, and lower-carbon value chains while offering expertise in commodity trading, logistics, pricing, and risk management.
AOG 2026 will explore the entire value chain, convening policymakers, operators, financiers, service companies, and other stakeholders to discuss investment opportunities across exploration, production, gas, infrastructure, logistics, and downstream development. For bp Supply, Trading and Shipping, the event offers a platform to engage with stakeholders on the commercial systems underpinning international energy trade, contributing a global market perspective to discussions and highlighting the significance of integrated supply chains in Angola's evolution as a key African energy producer.
