Saudi Arabian officials from the Ministry of Energy and Industry recently visited Angola in search of business opportunities in the country’s oil, gas, and minerals industry. Angola is the second largest oil producer in Sub-Saharan Africa. The country is undergoing a reorganization process in its oil industry meant to spur growth in the field. In October 2017, Angola established a task force comprised of major players in oil and gas including international oil companies to help the country’s energy sector.
Part of the Saudi delegation included businessmen and representatives from the world’s largest oil company, Saudi Aramco. The officials met with Angola’s Secretary of State for Geology and Mines, Janio Correia Victor who informed them about the opportunities in the country. Following the meeting, Saudi officials said they see business possibilities to invest in in the Southern African nation. Saudi Arabia is the second largest oil producer in the world after Russia.
