The Angolan continental shelf is one the largest contributors to our oil production outside Norway. Since 1991, when we first entered the Angolan market, production has climbed to just over 230,000 barrels of oil equivalent per day in 2016.
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Essential today, essential tomorrow.
Angola is not only a key market for today—we have recognised proven reserves of 364 million barrels of oil equivalent in 31 fields in West and North Africa, 26 of which are in Angola. These significant untapped fields make Angola an essential market for our international growth in the years to come.
The Angolan continental shelf is a frontier region for us. Floating production, storage and offloading operations (FPSO) units are used in the producing fields where we are partners. We also hold stakes in blocks 15, 17 and 31 in the Congo basin