Skip to content
Market intelligence
Issuer developmentsAngolaDeveloping story

Angola signs 11 upstream agreements at AOG 2026, expanding acreage and investment commitments

On 18 September 2026 ANPG and industry partners signed 11 upstream agreements at the Angola Oil & Gas 2026 conference, covering new deepwater and onshore blocks and commitments to additional investment and exploration, including planned operator activity and pledged capital from majors such as TotalEnergies and Chevron.

On 18 September 2026 ANPG and industry partners signed 11 upstream agreements at the Angola Oil & Gas 2026 conference, covering new deepwater and onshore blocks and commitments to additional investment and exploration, including planned operator activity and pledged capital from majors such as TotalEnergies and Chevron.

The deals increase medium-term production and revenue visibility for Angola by adding acreage and investment commitments, but fiscal and credit implications depend on project sanctioning, development timelines and realised capex. If partners progress to FID and production, sovereign oil revenues and energy-sector cashflows could improve; delays or non-development would limit transmission to fiscal metrics and spreads.

Monitor project FIDs, announced capex schedules (TotalEnergies $10bn pledge) and ANPG’s planned 10-well annual exploration target.

Sources & verification

Developing story

Further independent confirmation is required.

Public references supporting this brief.

Was this brief useful?
Back to the briefing

Price Discovery

Angola sovereign curve

Latest server-calculated mid yield by maturity. Points are observed Price Discovery levels, not an interpolated valuation curve.

9 priced bonds
11.32%10.05%8.77%7.49%6.22%20282033203920442049Angola 28 · May 2028 · 6.894%Angola 29 · Nov 2029 · 8.113%Angola 31 · Jan 2031 · 8.857%Angola 32 · Apr 2032 · 9.298%Angola 33 · Mar 2033 · 9.678%Angola 35 · Oct 2035 · 9.906%Angola 37 · Mar 2037 · 10.168%Angola 48 · May 2048 · 10.598%Angola 49 · Nov 2049 · 10.646%
Move across the curve to inspect a bondAs of
BondMid pxYield
  • Angola 28May 2028101.9386.894%
  • Angola 29Nov 202999.6888.113%
  • Angola 31Jan 2031101.3138.857%
  • Angola 32Apr 203297.6889.298%
  • Angola 33Mar 203398.5639.678%
  • Angola 35Oct 203599.8139.906%
  • Angola 37Mar 203798.12510.168%
  • Angola 48May 204889.68810.598%
  • Angola 49Nov 204987.00010.646%

Indicative levels only. Full bid/ask context and trading actions remain inside MSA Trader.

Open Price Discovery
All market intelligence