ExxonMobil is advancing a dual-track upstream strategy in Angola focused on extending production from mature offshore assets while expanding exploration in frontier basins, underscoring the company’s long-term commitment to one of Africa’s largest oil-producing nations.
The strategy will be highlighted at the Angola Oil & Gas (AOG) 2026 conference, where Brian Unietis, lead country manager for ExxonMobil Angola, is scheduled to discuss the company’s ongoing investment plans and offshore development activities.
Since assuming leadership of ExxonMobil Angola in late 2025, Unietis has overseen a portfolio centered on increasing production from existing assets while pursuing new exploration opportunities to support Angola’s goal of sustaining crude output above 1 MMbpd.
One of the company’s most significant recent milestones came in April, when ExxonMobil awarded Subsea7 an engineering, procurement, construction and installation (EPCI) contract for the Likembe Redevelopment 2.0 project. The development will tie additional reservoirs back to existing Block 15 infrastructure, reflecting the company’s strategy of leveraging existing offshore facilities to accelerate production while improving capital efficiency.
ExxonMobil is also expanding its exploration portfolio. Earlier this year, the company partnered with TotalEnergies and Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG) to secure exploration rights across multiple blocks in the Benguela and Namibe basins. Geological evaluation is continuing following ExxonMobil’s first exploration drilling campaign in the Namibe basin, with additional subsurface studies underway in the Free Areas of Blocks 17/06 and 32/21.
The exploration program complements redevelopment work on the company’s producing assets. ExxonMobil and its Block 15 partners reached a final investment decision last year to extend production from the Mondo and Saxi-Batuque fields after the block’s production license was extended through 2037.
Beyond upstream developments, ExxonMobil recently awarded Bourbon Mobility a long-term charter for a fleet of fuel-efficient crew transfer vessels scheduled to enter service in 2027 and is implementing specialized management programs for naturally occurring radioactive material generated from mature offshore operations.