Companies / Angola
New Prospects In Angolan Block 17
October 2006 | Industry NewsState-controlled Sonangol and France's Total E&P Angola have reported further potential in the prolific Block 17 offshore Cabinda. Alongside investment elsewhere - including May's ultra-deep water discovery by Sonangol and UK major BP's in block 31 - there are growing upside risks to BMI's medium term Angola oil output forecasts. That said, even our current estimates forecast production doubling between 2004 and 2008, as increasing transparency and strong global prices drive investment.
Sorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Middle East & Africa Oil and Gas Insight and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Middle East & Africa Oil and Gas Insight please click on the trial link below.
