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.
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ExxonMobil Corporation
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TotalEnergies SE
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Eni SpA
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BP Plc
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Chevron Corporation
*Disclaimer: Top companies sorted in no particular order
Angola Oil and Gas UpstreamMarket Concentration
Angola Oil and Gas UpstreamCompany List
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TotalEnergies SE
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ExxonMobil Corporation
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BP PLC
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Eni SpA
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Chevron Corporation
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Sonangol P&P
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Somoil SA
Specific to Angola Oil and Gas Upstream Market
Competitive Landscape Report Includes
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.
Explore MoreAngola Oil and Gas Upstream Companies - Table of Contents
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1. COMPETITIVE LANDSCAPE
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1.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
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1.2 Strategies Adopted by Leading Players
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1.3 Company Profiles
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1.3.1 TotalEnergies SE
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1.3.2 ExxonMobil Corporation
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1.3.3 BP PLC
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1.3.4 Eni SpA
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1.3.5 Chevron Corporation
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1.3.6 Sonangol P&P
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1.3.7 Somoil SA
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- *List Not Exhaustive
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Angola Oil and Gas Upstream Companies FAQs
Who are the key players in Angola Oil and Gas Upstream Market?
ExxonMobil Corporation, TotalEnergies SE, Eni SpA, BP Plc and Chevron Corporation are the major companies operating in the Angola Oil and Gas Upstream Market.