President Donald Trump’s return to the White House signals a potential renaissance in U.S.-Angola energy relations, with his “drill, baby, drill” approach likely benefiting Angola’s oil sector. The Trump Administration’s focus on deregulation and overseas energy investment positions Angola as a strategic partner in America’s broader energy agenda.
Angola, with nine billion barrels of oil and 11 trillion cubic feet of natural gas reserves, has already attracted significant American investment. Recent agreements between Angola’s National Oil, Gas and Biofuels Agency with TotalEnergies and ExxonMobil aim to evaluate deepwater blocks, potentially leading to new offshore production that supports Angola’s goal of producing over one million barrels daily.
ExxonMobil has increased production in Angola by 30%, producing over 2.6 billion barrels from Block 15 alone, and plans to invest $15 billion by 2030. Meanwhile, Chevron holds a 26% share in Angola’s oil sector through its Cabinda Gulf Oil Company subsidiary and has expanded into lower-carbon opportunities.
A planned $200 million exploration campaign in the Namibe Basin could unlock reserves worth $20–40 billion in national revenue. U.S. service companies including Baker Hughes, SLB, Weatherford, and Oceaneering are also engaged in multi-billion-dollar contracts that advance Angola’s local content and technology transfer goals.
Trump’s policies may accelerate U.S.-Angola energy cooperation through reduced regulatory barriers, increased investment, and enhanced government engagement. These developments could stimulate industrialization and job creation in Angola’s hydrocarbon-dependent economy.
Source: africaoilgasreport.com
