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Angola: Local Oil Sector Participation ‘Still Below Country’s Potential’

Angola: Local Oil Sector Participation ‘Still Below Country’s Potential’

Francisco Monteiro, president of BRIMONT Angola — a company active in business development, industrial services and logistics support — says the effective impact of Angolan companies on the oil sector remains below the country’s potential, despite a growing number of qualified and technically prepared firms operating in the industry.

Speaking at the close of the seventh edition of the Angola Oil & Gas Conference and Exhibition (AOG 2026), held last week in Luanda, Monteiro said the challenge is no longer simply about how many national companies participate in the sector, but about the economic value and technical capacity that actually remain in the country.

“The question is no longer just how many Angolan companies participate in the oil industry, but how much economic value, knowledge, technical capacity and production effectively stays in Angola,” he said. “We are clearly better off than we were a few years ago, but there remains a significant gap between ambition and reality.”

Local content must build competitiveness

For Monteiro, the consolidation of national companies requires a combination of capital, technology, skills, certification and opportunity, underpinned by what he described as a “mutual responsibility contract” among companies, operators and the state.

“Every Angolan company has an obligation to invest, to professionalise itself and to meet quality, safety and performance requirements,” he said, arguing that operators and the state must equally “create real and predictable opportunities for that capacity to be put to use. Local content cannot mean lowering the standard. It must mean building national capacity to meet the standard.”

BRIMONT, recognised this year as the best local content company at the Angola Oil & Gas Awards, participated in AOG 2026, where financing, local content, gas and refining were among the main topics on the agenda.

Monteiro also advocated balanced technology partnerships, effective knowledge transfer, access to financing and greater use of national capacity as instruments for developing the sector.

According to Monteiro, the objective should not be to shield Angolan companies from competition, but to create conditions in which they can compete on an equal footing. “The success of local content will be achieved when an Angolan company no longer needs preferential treatment, because it has acquired the scale, knowledge and competitiveness to win contracts in Angola and, ideally, in other markets,” he said.

On the industrial side, BRIMONT produces, among other products, sodium hypochlorite in Angola, used in the oil industry, water treatment and other sectors.

See Also

Monteiro argued that the next phase of local content must go beyond increasing the number of Angolan companies in the supply chain. “It must mean more Angolan knowledge, more Angolan production, more technology in Angola, and national companies owning increasingly larger shares of the value chain,” he concluded.

With operations in Luanda, Soyo, Cabinda and Lobito, BRIMONT produces chemicals and personal protective equipment locally and holds international certifications.

Source: Diário Económico
Original article: https://www.diarioeconomico.co.mz/2026/09/15/mundo/angola/angola-impacto-das-empresas-nacionais-no-petroleo-ainda-esta-aquem-do-potencial/

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