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Angola Oil and Gas Upstream Companies (2024 - 2029)

Despite not mentioning specific names, it's evident that various companies in the energy sector, including prominent oil and gas corporations, are making significant strides in their respective fields. These businesses are constantly evolving, innovating, and expanding their operations to meet the growing global demand for energy. They are also increasingly focusing on sustainable practices and exploring renewable energy sources in response to environmental concerns. Their efforts are not only contributing to the global economy but also playing a crucial role in shaping the future of energy.

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Corporate License

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Top Companies in Angola Oil and Gas Upstream Market

This report lists the top Angola Oil and Gas Upstream companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Angola Oil and Gas Upstream industry.

  1. ExxonMobil Corporation

  2. TotalEnergies SE

  3. Eni SpA

  4. BP Plc

  5. Chevron Corporation

*Disclaimer: Top companies sorted in no particular order

Angola Oil and Gas Upstream Market Major Players

Angola Oil and Gas Upstream Market Concentration

Angola Oil and Gas Upstream Market Concentration

Angola Oil and Gas Upstream Company List

  1. 1. INTRODUCTION

    1. 1.1 Scope of the Study

    2. 1.2 Market Definition

    3. 1.3 Study Assumptions

  2. 2. EXECUTIVE SUMMARY

  3. 3. RESEARCH METHODOLOGY

  4. 4. MARKET OVERVIEW

    1. 4.1 Introduction

    2. 4.2 Angola Crude Oil and Gas Production, Historic and Forecast, till 2027

    3. 4.3 Active Rig Count, Angola, till 2021

    4. 4.4 Recent Trends and Developments

    5. 4.5 Government Policies and Regulations

    6. 4.6 Market Dynamics

      1. 4.6.1 Drivers

      2. 4.6.2 Restraint

    7. 4.7 Supply Chain Analysis

    8. 4.8 PESTLE Analysis

  5. 5. MARKET SEGMENTATION - BY LOCATION OF DEPLOYMENT

    1. 5.1 Onshore

    2. 5.2 Offshore

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Strategies Adopted by Leading Players

    3. 6.3 Company Profiles

      1. 6.3.1 TotalEnergies SE

      2. 6.3.2 ExxonMobil Corporation

      3. 6.3.3 BP PLC

      4. 6.3.4 Eni SpA

      5. 6.3.5 Chevron Corporation

      6. 6.3.6 Sonangol P&P

      7. 6.3.7 Somoil SA

    4. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS


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Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.

Angola Oil and Gas Upstream Market Companies Summary

The Angolan oil and gas upstream market faced significant challenges due to the COVID-19 pandemic, which caused a significant decrease in the demand for crude oil. This made upstream activities economically unfeasible. However, the market is expected to recover post-pandemic, driven by factors such as government focus on the development of crude oil and natural gas assets, as well as the discovery of new reservoirs. Despite this, the high volatility of crude oil prices and the shift toward renewable energy sources for energy generation are expected to limit market growth. The offshore segment of the Angolan oil and gas upstream market is anticipated to witness significant growth in the coming years, due to the potential in Angola's offshore area in terms of crude and natural gas deposits. Meanwhile, the shift toward renewable energy sources for energy generation is likely to restrain the market. Despite being one of the largest sub-Saharan oil and gas producers, the country is making efforts to develop production acreages in the offshore region, which holds high potential. As part of this, significant improvements have been made in developing crude oil and natural gas reservoirs in the offshore segment. Despite these developments, the increasing adoption of renewable energy may limit the Angolan oil and gas upstream market during the forecast period.

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Angola Oil and Gas Upstream Companies - Table of Contents

  1. 1. COMPETITIVE LANDSCAPE

    1. 1.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 1.2 Strategies Adopted by Leading Players

    3. 1.3 Company Profiles

      1. 1.3.1 TotalEnergies SE

      2. 1.3.2 ExxonMobil Corporation

      3. 1.3.3 BP PLC

      4. 1.3.4 Eni SpA

      5. 1.3.5 Chevron Corporation

      6. 1.3.6 Sonangol P&P

      7. 1.3.7 Somoil SA

    4. *List Not Exhaustive

Angola Oil and Gas Upstream Companies FAQs

ExxonMobil Corporation, TotalEnergies SE, Eni SpA, BP Plc and Chevron Corporation are the major companies operating in the Angola Oil and Gas Upstream Market.

Angola Oil and Gas Upstream Market Report Snapshots

Angola Oil and Gas Upstream Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)