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ExxonMobil Ensures Oil Expansion in Angola

· Issued by Exxon Mobil Corporation

Summary by 6ix AI

ExxonMobil's General-Director in Angola, Brian Unietis, reaffirmed the company's commitment to oil research and exploration in the country, the Angola Press Agency reported. He spoke in Luanda at a ceremony marking 32 years of oil exploration in block 15, an oil block where ExxonMobil holds a deepwater stake.

Key details

  • Unietis said ExxonMobil recently extended its operating licence in block 15 until 2037, and described the extension as representing an investment of over three billion dollars.
  • Over the 32 years of exploration in block 15, ExxonMobil and its partners have produced around 2.7 billion barrels of oil, according to Unietis.
  • ExxonMobil has operated in Angola since 1992, with deepwater stakes in blocks 15, 17 and 32.

What’s still pending

  • Unietis expressed hope about results that may yet emerge from block 25; no results were reported.

6ix AI wrote this summary from the release below and checked it against the release.

Source: Angola Press Agency

The ExxonMobil's General-Director in Angola, Brian Unietis, reaffirmed on Monday (31) in Luanda the multinational's commitment to oil research and exploration, with the aim of turning the country's potential into real gain.

Speaking to the press on the sidelines of the ceremony marking 32 years of oil exploration in oil block 15, he recalled that ExxonMobil recently extended its operating licence in this block until 2037, representing an investment of over three billion dollars.

He expressed hope regarding the results that may yet emerge from block 25.

The director noted that throughout the 32 years of exploration in block 15, ExxonMobil and its partners have produced around 2.7 billion barrels of oil.

ExxonMobil is one of the largest multinational energy and oil companies in the world, headquartered in Texas, United States of America.

The company has been operating in Angola since 1992, with stakes in deepwater, namely in blocks 15, 17, and 32.

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Copyright 2026 Angola Press Agency. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English

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